PASHA_BANK ANNUAL REPORT 2021

General Information Financial Information and Risk Management Review Information on Management and Corporate Governance Principles Message from the Chairman Esteemed Stakeholders, Apparently, the Turkish economy ends up 2021 year as a period to strive to exit from the pandemic conditions. The fact is that the economy and the markets are gradually re‑opening in line with on‑going vaccination pace. In addition to that, the year is also characterized with high volatility in the financial markets that we witnessed especially in the last quarter. The good news is that, despite the volatility the economy has succeeded to stay in the positive zone. According to incoming data set, export inflows continue to expand, both in the form of goods and services like tourism, and increasing global interest due to supply chain replacement gives extra boost for the economy to grow further. Generally speaking, accelerating pandexit across the globe is not only providing opportunity for improving export performance of the country, from It is a tradition, we are proud to say that PASHA Bank as a dynamic market player keeps going on its healthy expansion. dynamic structure