PASHA BANK ANNUAL REPOT 2024

2019 Moved to its new headquarters building. First euro‑denominated Eurobond issuance in the three‑year tenor was realized for Azerbaijan market. 2020 The first Lease Certificate backed by financial leasing assets was issued. PASHA Bank intermediated in funding the customers in the agricultural and automotive industry by issuing asset backed securities. The bank participated in Venture Capital Funds, the development of technology. 2021 PASHA Bank intermediated in the issuance of 7 asset‑backed securities during 2021 which provided TL 296 million of funds and played an active role in capital markets. 2022 A subordinated loan of USD 25 million with a tenor of 10 years was obtained. A mortgage loan product was launched for Azerbaijani citizens who want to own a house in Türkiye. 2023 A groundbreaking move was made in Türkiye by issuing Asset-Backed Securities indexed to wheat prices. PASHA Bank earned the Green Office Certificate as part of its sustainability journey. The direct ownership stake of PASHA Holding LLC in the Bank increased from 49% to 71.75%. 2024 A demand collection system was established through digital channels to facilitate participation in securities issuances for qualified investors. The Sustainability Management System (SMS) was established within PASHA Bank. THE SUSTAINABILITY MANAGEMENT SYSTEM (SMS) WAS ESTABLISHED WITHIN PASHA BANK. 2024 17 General Information