Summary Info	CMB Approval of Issuance Ceiling for Subordinated Bond
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Authorized Member Decision Date	22.09.2022
Issue Limit	3.000.000.000
Currency Unit	TRY
Issue Limit Security Type	Subordinated Debt Securities
Sale Type	Private Placement-Sale To Qualified Investor
Domestic / Oversea	Domestic
Capital Market Board Application Date	03.10.2022
Capital Market Board Application Result	APPROVAL
Capital Market Board Approval Date	13.10.2022
Expiry Date of Issue Limit	13.10.2023
Issue Date Of Prospectus	14.10.2022

Additional Explanations

Reference: VakıfBank Public Disclosures dated September 23, 2022 and October 3, 2022 The Issuance Certificate and Application Form regarding the borrowing instruments mentioned in the reference public disclosures that have been approved by the Capital Markets Board are attached herewith. Please be informed that the enclosed document is in Turkish only. According to CMB legislation, in case of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.

Supplementary Documents

Appendix: 1	Vak_fbank _hraç belgesi ve eki.pdf
Appendix: 2	SB Tahvil _hrac_ Ba_vuru Formu.pdf