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March 7, 2025

SOCAR’s Green Bonds Begin Trading on the Baku Stock Exchange

Baku, March 7, 2025 – A special event was held at SOCAR Tower to mark the launch of trading for SOCAR’s green bonds on the Baku Stock Exchange.

The event was attended by the Minister of Economy of the Republic of Azerbaijan and Chairman of SOCAR’s Supervisory Board, Mikayil Jabbarov, SOCAR President Rovshan Najaf, as well as senior representatives from the BSE, NDC, banks, insurance and investment companies, and the academic community.

The ceremony began with the National Anthem of the Republic of Azerbaijan, followed by a moment of silence in honor of the martyrs who sacrificed their lives for the country’s territorial integrity. A video dedicated to SOCAR bonds was then presented.

During the event, speakers discussed Azerbaijan’s strategic goals, emphasizing the country’s efforts in response to the rising global demand for renewable energy and increasing environmental awareness. They highlighted SOCAR’s ongoing and planned projects in the renewable energy sector and underscored the role of "green bonds" in fostering innovation and efficiency within the domestic capital markets, in alignment with SOCAR’s sustainable development goals.

Additionally, speakers noted the positive impact of SOCAR bonds, first issued in 2016, on the local capital markets. They emphasized the long-term trust and growing interest from investors, as well as the economic value these bonds have generated in recent years. The launch of SOCAR’s green bonds was recognized as a milestone in expanding environmentally sustainable investment instruments and as the beginning of a new phase in the market.

The event concluded with the symbolic ringing of the Opening Bell officially marking the start of secondary market operations for SOCAR’s green bonds on the BSE. A commemorative bond note was signed, and attendees gathered for a group photo.

SOCAR’s green bonds not only strengthen the company’s strategic position in capital markets but also reaffirm its commitment to environmental values and sustainable development priorities.

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