PASHA_BANK ANNUAL REPORT 2021

General Information Financial Information and Risk Management Review Information on Management and Corporate Governance Principles In principle, the Board of Directors meet at the Bank’s headquarters every two months, with all members present. The members of the Board of Directors attend meetings, or provide notification to the contrary. The Board resolutions are taken in accordance with the meeting and resolution quorums specified in the Articles of Association. During the year, the Board of Directors convened a total of eleven times, four with all members physically present, and seven times via telecommunication, and passed 101 resolutions. All resolutions of the Board of Directors were taken unanimously. Evaluations Regarding the Activities of the Board of Directors and the Committees PASHA Bank aims to establish fast, effective and profound customer relations.