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 INFORMATION RELATED TO UNCONSOLIDATED FINANCIAL POSITION AND RISK MANAGEMENT (Continued) Current Period EURO USD Other FC Total Assets Cash and Cash Equivalents (Cash in vault, effectiveness, money in transfer and cheques purchased) and Balances with the Central Bank of Turkey 59 276,118 - 276,177 Due from Banks 17,888 188,943 112 206,943 Financial Assets at Fair Value Through Profit or Loss 18,277 - - 18,277 Money Market Placements - - - - Financial assets at fair value through other comprehensive income - - - - Loans (1) 865,229 828,257 - 1,693,486 Investments in Associates, Subsidiaries and Joint Ventures - - - - Financial assets at fair value through profit or loss - 361,103 - 361,103 Derivative Financial Assets - - - - Property and Equipment - - - - Intangible Assets - - - - Other Assets 28 - - 28 Total Assets 901,481 1,654,421 112 2,556,014 Liabilities Bank Deposits - - - - Foreign Currency Deposits - - - - Funds From Interbank Money Market 39,084 25,296 - 64,380 Funds Borrowed From Other Financial Institutions 688,581 596,524 - 1,285,105 Marketable Securities Issued 48,384 1,109,811 - 1,158,195 Miscellaneous Payables (3) 2,357 43,147 - 45,504 Derivative Financial Liabilities (4) - - - - Other Liabilities (2) 13,866 1,336 - 15,202 Total Liabilities 792,272 1,776,114 - 2,568,386 Net On-balance Sheet Position 109,209 (121,693) 112 (12,372) Net Off-balance Sheet Position (52,803) 145,999 - 93,196 Derivative Financial Assets - 145,999 - 145,999 Derivative Financial Liabilities 52,803 - - 52,803 Non-Cash Loans 419,483 161,338 - 580,821 Prior Period Total Assets 482,184 956,729 79 1,438,992 Total Liabilities 400,716 1,013,734 - 1,414,450 Net On-balance Sheet Position 81,468 (57,005) 79 24,542 Net Off-balance Sheet Position (72,931) 82,563 - 9,632 Derivative Financial Assets - 84,789 - 84,789 Derivative Financial Liabilities 72,931 2,226 - 75,157 Non-Cash Loans 75,466 91,814 - 167,280 (1) Foreign currency indexed loans amounting to TL 23,732 (31 December 2020 - TL 18,626), receivables from leasing transaction amounting to TL 117,178 (31 December 2020 - 50,792 TL) and foreign currency expected credit losses amounting to TL 682 (31 December 2020 - 1,787 TL) are included. (2) Borrowers’ funds amounting to TL 15,202 (31 December 2020 - TL 21,493) are included. (3) Presented in other liabilities at financial statements. (4) Excludes derivative financial liabilities amounting to TL 114 TL (31 December 2020 - TL 1,312 of derivative financial liabilities).