PASHA_BANK ANNUAL REPORT 2021

General Information Financial Information and Risk Management Review Information on Management and Corporate Governance Principles Our Bank also increased the limits of funding from domestic and foreign banks and played an important role in Turkey‑ Azerbaijan‑Georgia triangle via its expanded correspondent network. We were part of the projects, primarily for the reconstruction of the Nagorno‑Karabakh region of Azerbaijan in terms of financing and providing guarantee. We will be part of development of this region to provide the required financing together with our main shareholder PASHA Bank Azerbaijan in the following period. Our Bank continued to support art since its establishment and this year it took its place at a digital art project which became very popular lately. PASHA Bank was the official sponsor of Dalınç exhibition which took place at Binbirdirek Cistern. At the İstanbul Digital Art Festival, which was the first in Turkey, the Bank brought together technology and art at the historical fabric of Istanbul. Sustainability, as a growing trend in the world, is also important for our Bank. The Bank successfully achieved its sustainable growth goal in line with its strategy from the day of establishment. Moreover, we conduct our corporate social responsibility projects and our waste management system which contributes to the environment and society. Funding we allocate to renewable energy projects is a significant part of our balance sheet. This year, we took another step in sustainability. We started a Gap Analysis project with an international consulting firm. After creating the sustainability map of our Bank, we will carry activities with a few committees to be established. In the following years, we aim to have a rating score of our sustainability activities to raise financing through capital market products at domestic and international platforms and transfer these resources to renewable energy projects. Message from the CEO We will be part of development of this region to provide the required financing together. We were part of the projects, primarily for the reconstruction of the Nagorno‑Karabakh region of Azerbaijan. Karabakh