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 SECTION FIVE EXPLANATIONS AND NOTES RELATED TO UNCONSOLIDATED FINANCIAL STATEMENTS I. EXPLANATIONS AND NOTES Related to Assets a. Information related to cash and the account of The Central Bank of the Republic of Turkey (the “CBRT”): a. Information on cash and the account of the CBRT Current Period Prior Period LC FC LC FC Cash/Foreign currency 10 14 10 4 CBRT 7,582 276,163 6,073 149,013 Other - - - - Total 7,592 276,177 6,083 149,017 b. Information on the account of the CBRT Current Period Prior Period LC FC LC FC Demand Unrestricted Amount (1) 7,582 446 6,073 15,182 Time Unrestricted Amount - - - - Time Restricted Amount (2) - 275,717 - 133,831 Total 7,582 276,163 6,073 149,013 (1) Local currency reserve requirements is presented demand unrestricted amount accordingly BRSA letter dated 3 January 2018. (2) The blocked reserve requirement at Central Bank. According to CBRT’s “Required Reserves Announcement” numbered 2013/15, the Bank has to provide reserve requirement amounts in CBRT for Turkish currency and foreign currency denominated liabilities. The reserve requirements may be kept as Turkish Lira, USD, Euro and standard gold. The reserve rates for TL liabilities vary between 3% and 8% according to their maturities as of 31 December 2021 (31 December 2020 - between 1% and 6%). The reserve rates for foreign currency liabilities vary between 5% and 25% according to their maturities as of 31 December 2021 (31 December 2020 - between 5% and 21%). 2. Information on financial assets at fair value through profit or loss a. As of 31 December 2021, the Bank has no financial assets at fair value through profit or loss subject to repo transactions and given as collateral/blocked (31 December 2020 - None).