PASHA BANK ANNUAL REPOT 2024

INCOME STATEMENT Note Current Period 31/12/2024 Prior Period 31/12/2023 I. INTEREST INCOME (5.4.1) 1,662,994 767,504 1.1 Interest on loans 1,167,027 530,024 1.2 Interest received from reserve deposits 32,065 17,834 1.3 Interest received from banks 38,664 12,804 1.4 Interest received from money market transactions 3,181 2,713 1.5 Interest received from marketable securities portfolio 177,650 84,291 1.5.1 Financial assets at fair value through profit or loss - - 1.5.2 Financial sssets at fair value through other comprehensive income 62,388 24,225 1.5.3 Financial assets measured at amortised cost 115,262 60,066 1.6 Finance lease income 244,210 119,575 1.7 Other interest income 197 263 II. INTEREST EXPENSES (-) (5.4.2) 1,112,854 431,590 2.1 Interest on deposits - - 2.2 Interest on funds borrowed 675,915 258,289 2.3 Interest on money market transactions 215,162 73,362 2.4 Interest on securities issued 179,869 85,126 2.5 Finance lease expense 135 130 2.6 Other interest expenses (5.4.12) 41,773 14,683 III. NET INTEREST INCOME/EXPENSE (I - II) 550,140 335,914 IV. NET FEES AND COMMISSIONS INCOME/EXPENSES 82,113 98,906 4.1 Fees and commissions received 98,892 113,154 4.1.1 Non-cash loans 16,016 15,008 4.1.2 Other (5.4.12) 82,876 98,146 4.2 Fees and commissions paid (-) 16,779 14,248 4.2.1 Non-cash Loans 8,938 4,197 4.2.2 Other (5.4.12) 7,841 10,051 V DIVIDEND INCOME (5.4.3) 5,560 275 VI. TRADING PROFIT/LOSS (Net) (5.4.4) 164,234 83,964 6.1 Trading gain/loss on securities (4,921) 10,316 6.2 Gain/loss on derivative financial transactions 5,228 3,069 6.3 Foreign exchange gain/loss 163,927 70,579 VII. OTHER OPERATING INCOME (5.4.5) 92,688 49,094 VIII. GROSS OPERATING INCOME (III+IV+V+VI+VII) 894,735 568,153 IX. EXPECTED CREDIT LOSSES (-) (5.4.6) 59,322 45,691 X. OTHER PROVISION EXPENSES (-) (5.4.6) - - XI. PERSONNEL EXPENSES (-) 215,738 109,797 XII. OTHER OPERATING EXPENSES (-) (5.4.7) 127,992 81,744 XIII. NET OPERATING PROFIT/LOSS (VIII-IX-X-XI-XII) 491,683 330,921 XIV. INCOME RESULTED FROMMERGERS - - XV. INCOME/LOSS FROM INVESTMENTS UNDER EQUITY ACCOUNTING - - XVI. GAIN/LOSS ON NET MONETORY POSITION - - XVII. PROFIT/LOSS BEFORE TAXES FROM CONTINUING OPERATIONS (XIII+...+XVI) (5.4.8) 491,683 330,921 XVIII. PROVISION FOR TAXES ON INCOME FROM CONTINUING OPERATIONS (±) (5.4.9) 28,810 (194,081) 18.1 Current tax provision 134,819 81,007 18.2 Expense effect of deferred tax (+) 15,542 31,934 18.3 Income effect of deferred tax (-) 121,551 307,022 XIX. NET PROFIT/LOSS FROM CONTINUING OPERATIONS (XVII±XVIII) (5.4.10) 462,873 525,002 XX. INCOME FROM DISCONTINUED OPERATIONS - - 20.1 Income from assets held for sale - - 20.2 Profit from sale of associates, subsidiaries and joint ventures - - 20.3 Other income from discontinued operations - - XXI. EXPENSES FROM DISCONTINUED OPERATIONS (-) - - 21.1 Expenses from assets held for sale - - 21.2 Losses from sale of associates, subsidiaries and joint ventures - - 21.3 Other expenses from discontinued operations - - XXII. PROFIT/LOSS BEFORE TAXES FROM DISCONTINUED OPERATIONS (XX-XXI) (5.4.8) - - XXIII. TAX PROVISION FOR DISCONTINUED OPERATIONS (±) (5.4.9) - - 23.1 Current tax provision - - 23.2 Expense effect of deferred tax (+) - - 23.3 Income effect of deferred tax (-) - - XXIV. NET PROFIT/LOSS FROM DISCONTINUED OPERATIONS (XXII±XXIII) (5.4.10) - - XXV. NET PROFIT/LOSSES (XIX+XXIV) (5.4.11) 462,873 525,002 Earnings per share (Expressed in exact TL) 0.9257 1.0500 136 PASHA Yatırım Bankası A.Ş. The accompanying notes are an integral part of these financial statements. (Amounts are expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.) PASHA Bank 2024 Annual Report Unconsolidated Statement of Profit or Loss For the Year Ended 31 December 2024