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Additional Explanations
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The application for the approval of the issuance ceiling to the Capital Markets Board has been approved within authorized Head Office for the whole process regarding the issuance of Asset Covered Bonds, Mortgage Covered Bonds, Asset Backed Securities, Mortgage Backed Securities up to the amount of TRY 15,000,000,000 (Fifteen Billion Turkish Lira) with different types and maturities, to be sold domestically via public offering and/or private placement or the sales to qualified investors in one tranche or more tranches and to determine the maturity date of such bank borrowing instruments with various maturities up to 30 years, each issuance amount in accordance with market conditions with either fixed, floating or discount rates if applicable and for the all subjects related to issuances. The related approval has been announced in CMB bulletin dated 04/22/2020 and numbered 2020/27. In case of any contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
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We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.