PASHA_BANK ANNUAL REPORT 2021

(Amounts are expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.) (Convenience Translation of Publicly Announced Financial Statements Originally Issued in Turkish, See Note I of Section Three) PASHA Yatırım Bank A.Ş. Notes to Unconsolidated Financial Statements At 31 December 2021 General Information Remarks on Financial Information and Risk Management Information on Management and Corporate Governance Practices GENARAL INFORMATION (continued) III. Explanation on the Board of Directors, members of the audit committee, president and executive vice presidents, changes in these matters (if any) and shares of the Bank they possess Title Name Education Share % Chairman of the Board of Directors (1) Jalal Gasimov Postgraduate - Deputy Chairman of the Board of Directors (1) Farid Mammadov Postgraduate - Board Member Shahin Mammadov PhD - Board Member Javid Guliyev Postgraduate - Board Member/Audit Committee Member Kamala Nuriyeva Postgraduate - Independent Board Member/Audit Committee Chairperson (3) Furkan Evranos PhD - Independent Board Member Ebru Oğan Knottnerus Graduate - Independent Board Member Nuri Tuncalı Graduate - Board Member and CEO Hikmet Cenk Eynehan Postgraduate - Deputy CEO (Acting CEO) Ayşe Hale Yıldırım Postgraduate - Deputy CEO (2) Özer Baran Postgraduate - Deputy CEO Benan Bilge Köksal Graduate - (1) Upon allocation of duties among the members of the Board of Directors, as per Article 13 of the Articles of Association of the Bank, and by the Board resolution dated March 18, 2021 and numbered 23, it has been decided to have Jalal Gasimov continue to serve as the Chairman of the Board of Directors, and Farid Mammadov as the Deputy Chairman of the Board of Directors. (2) As per the Board Resolution dated April 09, 2021 and numbered 29, Özer Baran has been appointed and as of report date Özer Baran is Deputy CEO in charge of Credits and Information Technologies. (3) Furkan Evranos has been appointed as an Independent Board Member and the Chairman of the Audit Committee with the Board resolutions dated 25 May 2021 and numbered 43 and 44. The Chairman and the Members of the Board of Directors, as well as the CEO and Deputy CEOs do not possess shares of the Bank directly or indirectly.