TO: Investment Community

FROM : Garanti BBVA / Investor Relations

SUBJECT: Announcement of tender offer

DATE: 29 November 2024

Ref: Our publication dated 21.11.2024

On November 21, T. Garanti Bankası A.Ş. announced a cash tender offer for the Tier 2 Notes with ISIN code XS1617531063 and US900148AE73, with a nominal value of USD 750,000,000 due 2027. Banco Bilbao Vizcaya Argentaria, SA, Standard Chartered Bank has been accepted for the tender offer.

Tender results:

Start date: November 21, 2024

Last expiry date: November 27, 2024 -17:00 New York time

Announcement Date: November 29, 2024

Payment date: December 3, 2024

Tender price: 101.4

Aggregate Principal Amount of Notes Accepted for Purchase: $134,248,000

The Notes in which the Offering was repurchased will be canceled and the remaining principal amount of the Notes outstanding will be $615,752,000.

*As opposed to the Turkish and English versions of this publication, the Turkish version shall prevail.

We certify that our above statements are consistent with the principles contained in the Board’s Communiqué, Serial II No.15.1, that it accurately reflects the information we received; that the information is consistent with our records, books and documents; that we did our best to obtain accurate and complete information on this subject and that we are responsible for the statements made in this regard.

Sincerely,

Guarantee BBVA

Contact Garanti BBVA Investor Relations:

Phone: +90 212 318 2352

Fax: +90 212 216 5902

E-mail: [email protected]

www.garantibbvainvestorrelations.com