The public disclosure made by the Company on Euronext Dublin pursuant to Article 24 f.7 of the Communiqué on Material Events, is shared below :
"As part of its ongoing engagement with the holders of its senior notes bearing ISINs XS2817919587 and US92548MAA53 (Eurobonds), our Company has appointed Houlihan Lokey as financial advisor to support its evaluation of strategic alternatives for its outstanding Eurobonds, with the objective of achieving a sustainable capital structure.
The Company and its advisor will continue to keep holders of its Eurobonds updated of material developments."
Vestel Elektronik Sanayi ve Ticaret AŞ completed the sale of a TL 93,510,000 commercial paper with fixed coupon payment with a maturity of 94 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 49,5%.Ak Yatırım Menkul Kıymetler AŞ has acted as the financial intermediary for the issue.
International rating agency Fitch Ratings revised our Company's Long-Term Local and Foreign-Currency Ratings (IDR) to ‘CCC-' from 'CCC+'. The instrument rating of the senior unsecured bonds issued by our company amounting to USD 500 million with a maturity of 2029 has been revised from "CCC" to "CC".
The 2nd Term Collective Bargaining Agreement covering the period between January 1, 2026 and December 31, 2027, between Vestel Elektronik Sanayi ve Ticaret A.Ş., Vestel Beyaz Eşya Sanayi ve Ticaret A.Ş. and Vestel Mobilite Sanayi ve Ticaret A.Ş. and the Turkish Metal Union, has been signed on June 30, 2026.
In accordance with the resolution of the Board of Directors dated 25.06.2026, Vestel Elektronik Sanayi ve Ticaret A.Ş. has decided to apply to the Capital Markets Board of Türkiye for the issuance of debt instruments in Turkish Lira up to a total amount of TRY 2,000,000,000 (two billion Turkish Lira), with maturities of up to five (5) years, in one or more issuances, through private placement and/or allocated sale to qualified investors without public offering.
TL 224,480,000 nominally valued commercial paper, which was sold to qualified investors on 12 February, 2026 with a maturity of 133 days and trades with the ISIN Code of TRFVSTL62613 , was redeemed as of today (June 25, 2026) with completion of coupon payment amounting to TL 35,990,653.92 and the principal payment of TL 224,480,000.
35,050,000 nominally valued corporate bond, which was sold to qualified investors on May 27, 2025 with a maturity of 394 days and with the ISIN Code of TRSVSTL62616, was redeemed as of today (June 25, 2026) with completion of the fourth coupon payment amounting to TL 6,274,440.70 and the principal payment of TL 35,050,000.
Vestel Elektronik Sanayi ve Ticaret AŞ completed the sale of a TL 338,160,000 commercial paper with fixed coupon payment with a maturity of 106 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 49%. Ak Yatırım Menkul Kıymetler AŞ has acted as the financial intermediary for the issue.
Ms. Tuğba Gök Nam has been appointed as Chief Human Resources Officer of our Company, effective as of July 16, 2026. Respectfully announced to the public.