PASHA_BANK ANNUAL REPORT 2021

131 Annual Report 2021 PASHA Bank (Amounts are expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.) PASHA Yatırım Bank A.Ş. The accompanying notes are an integral part of these financial statements (Convenience Translation of Publicly Announced Financial Statements Originally Issued in Turkish, See Note I of Section Three) Notes to Unconsolidated Statements of Profit Distribution For the Year Ended 31 December 2021 VII. PROFIT DISTRIBUTION STATEMENT Current Period 31/12/2021 1 Prior Period 31/12/2020 I. DISTRIBUTION OF CURRENT YEAR INCOME 1.1 CURRENT YEAR INCOME 64,190 42,088 1.2 TAXES AND DUTIES PAYABLE (-) (17,065) (10,712) 1.2.1 Corporate Tax (Income tax) (15,635) (8,744) 1.2.2 Income withholding tax - - 1.2.3 Other taxes and duties 2 (1,430) (1,968) A. NET INCOME FOR THE YEAR (1.1-1.2) 47,125 31,376 1.3 PRIOR YEAR LOSSES (-) - - 1.4 FIRST LEGAL RESERVES (-) - (1,569) 1.5 OTHER STATUTORY RESERVES (-) - - B. NET INCOME AVAILABLE FOR DISTRIBUTION [(A-(1.3+1.4+1.5)] 47,125 29,807 1.6 FIRST DIVIDEND TO SHAREHOLDERS (-) - - 1.6.1 To Owners of Ordinary Shares - - 1.6.2 To Owners of Privileged Shares - - 1.6.3 To Owners of Preferred Shares - - 1.6.4 To Profit Sharing Bonds - - 1.6.5 To Holders of Profit and (Loss) Sharing Certificates - - 1.7 DIVIDENDS TO PERSONNEL (-) - - 1.8 DIVIDENDS TO BOARD OF DIRECTORS (-) - - 1.9 SECOND DIVIDEND TO SHAREHOLDERS (-) - - 1.9.1 To Owners of Ordinary Shares - - 1.9.2 To Owners of Privileged Shares - - 1.9.3 To Owners of Preferred Shares - - 1.9.4 To Profit Sharing Bonds - - 1.9.5 To Holders of Profit and (Loss) Sharing Certificates - - 1.10 SECOND LEGAL RESERVES (-) - - 1.11 STATUTORY RESERVES (-) - - 1.12 EXTRAORDINARY RESERVES - 29,807 1.13 OTHER RESERVES - - 1.14 SPECIAL FUNDS - - II. DISTRIBUTION OF RESERVES - - 2.1 APPROPRIATED RESERVES - - 2.2 SECOND LEGAL RESERVES (-) - - 2.3 DIVIDENDS TO SHAREHOLDERS (-) - - 2.3.1 To owners of ordinary shares - - 2.3.2 To owners of privileged shares - - 2.3.3 To owners of preferred shares - - 2.3.4 To profit sharing bonds - - 2.3.5 To holders of profit and (loss) sharing certificates - - 2.4 DIVIDENDS TO PERSONNEL (-) - - 2.5 DIVIDENDS TO BOARD OF DIRECTORS (-) - - III. EARNINGS PER SHARE - - 3.1 TO OWNERS OF ORDINARY SHARES - - 3.2 TO OWNERS OF ORDINARY SHARES (%) - - 3.3 TO OWNERS OF PRIVILEGED SHARES - - 3.4 TO OWNERS OF PRIVILEGED SHARES (%) - - IV. DIVIDEND PER SHARE - - 4.1 TO OWNERS OF ORDINARY SHARES - - 4.2 TO OWNERS OF ORDINARY SHARES (%) - - 4.3 TO OWNERS OF PRIVILEGED SHARES - - 4.4 TO OWNERS OF PRIVILEGED SHARES (%) - - 1) As of financial statements preparation date, Bank’s General Shareholders Meeting have not yet been made, hence no decision has been taken on profit distribution. 2) Deferred tax income/expense shown in other taxes and duties not subject to profit appropriation.