PASHA_BANK ANNUAL REPORT 2021

General Information Financial Information and Risk Management Review Information on Management and Corporate Governance Principles Supporting the cross‑border investments with the mission of being a financial bridge between Turkey, Azerbaijan and Georgia triangle, PASHA Bank issued USD 25 million worth of eurobonds in Azerbaijan stock market. As the first institution to issue bonds with a currency other than its own in Azerbaijan markets, PASHA Bank issued seven foreign currency eurobond, six of them in USD and one in Euro, and thus providing approximately 115 million US dollars of funding to date. PASHA Bank provided financial funds of TL 65 million for the automotive industry in the past year by issuing asset‑backed securities of TL 20 million where Maygold Otomotiv A.Ş. was the originator and in collaboration with 800 auto showrooms and dealers. Among the investors of the issuances which attracted a great deal of corporate investors were investment funds, pension funds, insurance companies, corporate treasury departments and qualified individual investors. On 27 May 2021, PASHA Bank organized a webinar with the topic “Capital Markets and Asset‑Backed Securities as a Financial Resource” for the first time in Turkey. Senior executives from Finance Office of the Presidency of the Turkish Republic and Capital Markets Board and capital markets professionals appeared as speakers at this webinar and answered the questions of the investors. 2021 Highlights Eurobond issuance of PASHA Bank for USD 25 million Asset‑Backed Security issuances in automotive industry by PASHA Bank First Webinar on Asset‑Backed Securities in Turkey by PASHA Bank