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Summary Info
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Regarding the issuance of debt securities which can be included Additional Tier 1 Capital at abroad
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Update Notification Flag
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No
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Correction Notification Flag
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No
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Postponed Notification Flag
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No
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Subject of Notification
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Other
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Board Decision Date
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24.12.2025
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Currency Unit
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USD
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Limit
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7.000.000.000
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Issue Limit Security Type
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Debt Securities
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Sale Type
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Oversea
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Domestic / Oversea
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Oversea
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Capital Market Board Approval Date
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05.02.2026
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Capital Market Instrument To Be Issued Info
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Type
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Subordinated Debt Securities
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Maturity Date
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26.11.2036
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Maturity (Day)
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3.837
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Sale Type
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Oversea
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Does the issuer have a rating note?
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Yes
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Issuer Rating Note
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Rating Company
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Rating Note
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Rating Date
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Is it Investment Grade?
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Fitch Ratings
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AA-(tur) - Ulusal Uzun Vadeli Notu (National Long Term)
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01.07.2025
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Yes
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Does the capital market instrument have a rating note?
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Yes
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Capital Market Instrument Rating Note
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Rating Company
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Rating Note
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Rating Date
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Is it Investment Grade?
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Fitch Ratings
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B-
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20.05.2026
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No
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Does the originator have a rating note?
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No
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Ref: Our public disclosure dated 20.05.2026. Issuance of a perpetual Additional Tier 1 Notes (AT1) abroad with the nominal amount of USD 500 million, having the particulars specified in the BRSA's Regulation on Equity of the Banks in compliance with the conditions mentioned in the Article 7 entitled "Additional Tier 1 Capital", which have the call option subject to approval of the BRSA in all option dates mentioned below, with a coupon rate of 9,375% and semi-annual coupon payments is planned. The first call option can be exercised from 26 May 2031, corresponding to the 5th year of issuance, until 26 November 2031. In case our Bank does not exercise the call option, there is a call option on every semi-annual coupon payment date thereafter. The issuance is planned to be completed on 26 May 2026, following the receipt of necessary CMB approval. Additional Tier 1 Notes are perpetual. However, the maturity date is entered as 26 November 2036 in order to register the notes in the Central Securities Depository's (MKK) system. This statement has been translated into English and simultaneously announced for informational purposes. In the event of any discrepancy between the Turkish and the English versions, the Turkish version shall prevail.
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