PASHA_BANK ANNUAL REPORT 2021

61 Annual Report 2021 PASHA Bank Credit Committee The Credit Committee was established to take credit allocation decisions, and to perform related tasks concerning credits within its power of authority, within the limits set by the Board of Directors in the framework of legal and banking regulations. The present structure of the Credit Committee is given below: Name‑Surname Committee Position H. Cenk Eynehan Chairperson Nuri Tuncalı Permanent Member Javid Guliyev Permanent Member Farid Mammadov Substitute Member Shahin Mammadov Substitute Member Board of Directors’ Evaluation of Committee Effectiveness Carrying out its activities under the relevant regulation and the authority granted by the Board of Directors, the Committee evaluates the credit limits and conditions proposed by the Credit Department and the Credits Monitoring Department after reviewing for compliance with related Banking legislation and our Bank’s internal regulations. The Credit Committee has discussed the credit proposals remaining in its authority within the limits determined by the Board of Directors and within the framework of the relevant legal and banking legislative regulations, and approved credits for firms with positive reviews.