Summary Info	Authorization of the Head Office for the Issuance of Debt Instruments
Update Notification Flag	No
Correction Notification Flag	No
Postponed Notification Flag	No

Authorized Member Decision Date	16.08.2023
Issue Limit	5.476.000.000
Currency Unit	TRY
Issue Limit Security Type	Debt Securities
Sale Type	Sale To Qualified Investor
Domestic / Oversea	Domestic

Additional Explanations

Pursuant to the authority given Head Office of Garanti Faktoring A.Ş. by The Board of Directors of the Company's resolution dated Aug. 16, 2023, our application to issue debt instruments, to be sold to qualified investors up to the aggregate amount of TL 5,476,000,000- (Five Billion Four Hundred Seventy-six million Turkish Liras) in Turkish Lira currency with different types and maturity dates, in one or more issuances will be made to the Capital Markets Board.