[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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English
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Material Event Disclosure General
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Hayır (No)
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Hayır (No)
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Date Of The Previous Notification About The Same Subject
14.02.2017
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Explanations
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Reference: VakıfBank Public Disclosure Dated February 14th, 2017

It was announced with the referred disclosure that the exchange of Basel II compliant Tier II subordinated notes issued in 2012, into Basel 3-compliant notes with a nominal amount of USD 227,605,000 was completed.

Within this concept, it is decided to use the call option of Basel 3-compliant Tier II subordinated notes, amounting USD 227,605,000 with 10 years maturity and having a call option at the end of 5th year. Accordingly, the applications to the Banking Regulation and Supervision Agency to call subordinated notes have been approved.

All of the Notes will be redeemed on November 1st, 2022.

According to CMB legislation, in case of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.