885,000,000 nominally valued corporate bond, which was sold to qualified investors on February 12, 2025 with a maturity of 399 days and with the ISIN Code of TRSVEST32614, was redeemed as of today (March 18, 2026) with completion of the fourth coupon payment amounting to TL 134,423,535 and the principal payment of TL 885,000,000.
Vestel Beyaz Eşya Sanayi ve Ticaret AŞ completed the sale of a TL 114,530,000 commercial paper with fixed coupon payment with a maturity of 175 days to domestic qualified investors, the transfer of the securities to the customer accounts will be completed today. The debt instrument offers an annual simple interest rate of 46%. Ak Yatırım Menkul Kıymetler AŞ has acted as the financial intermediary for the issue.
Vestel Beyaz Eşya Sanayi ve Ticaret AŞ completed the sale of a TL 79,480,000 commercial paper with fixed coupon payment with a maturity of 111 days to domestic qualified investors, the transfer of the securities to the customer accounts will be completed today. The debt instrument offers an annual simple interest rate of 45%. Ak Yatırım Menkul Kıymetler AŞ has acted as the financial intermediary for the issue.
The financial results presentation of our Company for the period 01.01.2025–31.12.2025 is made available to our investors on our corporate website (www.vestelinternational.com).
The first coupon payment amounting to TL 14,317,012,08 on the TL 123,480,000 nominally valued corporate bond which was sold to qualified investors on October 27, 2025 with a maturity of 374 days and trades with the ISIN Code of TRSVESTK2610, was made as of today. The interest rate for the second coupon payment has been set as 11.4685%.
The third coupon payment amounting to TL 22,251,425 on the TL 175,000,000 nominally valued corporate bond which was sold to qualified investors on April 25, 2025 with a maturity of 370 days and trades with the ISIN Code of TRSVEST42613, was made as of today. The interest rate for the fourth coupon payment has been set as 13.5535%.
Vestel Beyaz Eşya Sanayi ve Ticaret AŞ completed the sale of a TL 139,000,000 commercial paper with fixed coupon payment with a maturity of 173 days to domestic qualified investors, the transfer of the securities to the customer accounts will be completed today. The debt instrument offers an annual simple interest rate of 44%. Ak Yatırım Menkul Kıymetler AŞ has acted as the financial intermediary for the issue
TL 463,000,000 nominally valued commercial paper, which was sold to qualified investors on 1 August, 2025 with a maturity of 167 days and trades with the ISIN Code of TRFVEST12613 , was redeemed as of today (January 15, 2026) with completion of coupon payment amounting to TL 108,037,809,00 and the principal payment of TL 463,000,000.
Effective as of 19 January 2026, Mr. Gökhan Sığın has been appointed as CEO of Vestel Group of Companies. A short biography is presented below.
This is respectfully submitted for the information of the public.
Mr. Gökhan Sığın holds a Bachelor's degree in Mechanical Engineering from Boğaziçi University and an MBA degree from the University of Bristol, United Kingdom. He began his professional career in 1997 as Assistant Project Manager at Lister Peter Motor Company. After joining BSH in 1999, he assumed senior executive roles in the fields of planning and sales. During his tenure at BSH, he served as CEO for the Middle East between 2015 and 2018, CEO for Türkiye between 2018 and 2023, and CEO responsible for Emerging Markets between 2023 and 2025.
The Board of Directors of our Company has resolved to accept the resignation of Mr. Mümin Cengiz Ultav from his position as a Member of the Board of Directors, effective as of 30 December 2025, and to appoint Mr. Mehmet Emre Zorlu as a Member of the Board of Directors to fill the vacancy arising from such resignation, to serve until the end of the term of the resigned member and to be submitted for the approval of the shareholders at the first General Assembly meeting to be convened, in accordance with Article 363 of the Turkish Commercial Code No. 6102.