PASHA_BANK ANNUAL REPORT 2021

109 Annual Report 2021 PASHA Bank Information on Ratings Assigned by Rating Agencies Five‑Year Summary of Unconsolidated Financial Highlights The international credit rating agency Fitch Ratings increased PASHA Bank’s rating and affirmed its outlook in its press release dated 4 October 2021 as follows. National Long‑Term Rating: A‑ (tur) (Outlook: Stable) The Bank’s credit rating was publicly announced via PDP and detailed information about the Bank’s rating was posted on the Bank’s corporate website www.pashabank.com.tr and Fitch Ratings’ website www.fitchratings.com. On its Corporate Governance Rating report dated 8 June 2021, JCR Eurasia Rating has assigned PASHA Bank an overall compliance score of (9.23) with CMB Corporate Governance Principles by revising it upwards along with a (Stable) outlook. According to JCR Eurasia Rating’s methodological infrastructure and notation representation, the level of overall convergence of the Bank with the CMB Corporate Governance Principles corresponds to the [AAA (Trk) / Distinctive] category and its notch degree to the level of [aa / Superior]. The corporate governance compliance rating score comprises four main fields with different weights as per relevant CMB’s regulations and distribution of PASHA Bank’s ratings on these fields are as follows; Main Fields Weight Numerical Value Convergence Level Rating Outlook Shareholders 25% 90.70 [AAA (Trk) / Distinctive Compliance] [aa / (Superior)] Stable Public Disclosure and Transparency 25% 91.90 [AAA (Trk) / Distinctive Compliance] [aa / (Superior)] Stable Stakeholders 15% 93.03 [AAA (Trk) / Distinctive Compliance] [aa / (Superior)] Stable Board of Directors 35% 93.40 [AAA (Trk) / Distinctive Compliance] [aa / (Superior)] Stable The revised Corporate Governance Rating Score for the period was posted on the Bank’s corporate website, www.pashabank.com. tr, and also announced to the public via material disclosure made on the Public Disclosure Platform (PDP). (TL thousand) 31.12.2021 31.12.2020 31.12.2019 31.12.2018 31.12.2017 Total Assets 3,562,553 2,179,409 1,725,503 1,349,565 896,845 Loan and Leasing Receivables, net 2,351,519 1,450,745 1,045,060 840,278 713,048 Securities, net 428,520 153,276 96,133 71,315 26,251 Total Equity 606,980 562,670 531,611 505,657 260,607 Net Profit/Loss 47,125 31,376 25,691 (3,563) 16,008