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Reference: VakıfBank Public Disclosure Dated September 29, 2025 It was announced with the referred disclosure that; consortium consisting of international banks had been mandated to organize conference calls with international fixed income investors for a potential USD benchmark Perpetual Non-Call 5.25-year Fixed Rate Resettable Additional Tier-1 notes that subject to market conditions. The book-building process of the Additional Tier-1 Notes has been completed amounting to USD 500 million. In this regard, the additional Tier 1 notes have the call option subject to approval of the BRSA in all option dates mentioned below. The first call option can be exercised from January 6th, 2031, corresponding to the 5th year of issuance, until April 6th, 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 yield rate of AT1 notes has been set at 8.20% and issuance of the notes will be completed on 6 October 2025. Additional Tier 1 Notes are perpetual. However, the maturity date is determined as 06.01.2036 in order to register the notes in the Central Securities Depository's (MKK) system. According to the CMB legislation, in case of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
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