[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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Credit Rating
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International credit rating agency Fitch Ratings revised the outlook assigned to İşbank's Long Term Foreign Currency, Long Term Local Currency and Long Term National Credit Ratings to Stable from Negative and affirmed the ratings, subsequent to the change of outlook on Turkish Sovereign Rating to Stable from Negative on 8 September 2023.

Long-Term Foreign Currency Issuer Default Rating / Outlook: B- / Stable
Long-Term Local Currency Issuer Default Rating / Outlook: B / Stable
Short-Term Foreign Currency Issuer Default Rating: B
Short-Term Local Currency Issuer Default Rating: B
National Long Term Rating / Outlook: A+(tur) / Stable
Viability Rating: b
Long-Term Senior Unsecured Notes: B-
Short-Term Senior Unsecured Notes: B
Subordinated Debt: CCC+

This is the translation of the Turkish public disclosure made by Türkiye İş Bankası A.Ş. through the Public Disclosure Platform, under the Material Events Guideline prepared in accordance with the Communique of Material Events, numbered II-15.1. According to the Material Events Guideline and the regulations, the Turkish public disclosure shall prevail.