PASHA BANK ANNUAL REPOT 2024

INFORMATION RELATED TO FINANCIAL POSITION AND RISK MANAGEMENT (Continued) IX. EXPLANATIONS ON THE PRESENTATION OF FINANCIAL ASSETS AND LIABILITIES AT THEIR FAIR VALUES (Continued) Fair value hierarchy: TFRS 13 sets a hierarchy of valuation techniques according to the observability of data used in valuation techniques which establish basis for fair value calculations. Aforesaid fair value hierarchy is determined as follows: a) Identical assets and quoted market prices (non-adjusted) (1 st level); b) Directly (by way of prices) or indirectly (derived from prices) data for the assets or liabilities, other than quoted prices in the 1 st level (2 nd level); c) Data not based on observable market data regarding assets or liabilities (3 rd level). Fair value hierarchy of the financial assets and liabilities of the Bank carried at fair value according to the foregoing principles is given in the table below: Current Period Level 1 Level 2 Level 3 Total Derivative financial assets - - - - Financial assets at fair value through profit or loss 12,378 - 83,713 96,091 Financial assets at fair value through other comprehensive income 242,895 - 7,659 250,554 Total Assets 255,273 - 91,372 346,645 Derivative financial liabilities - - - - Total liabilities - - - - Prior Period Level 1 Level 2 Level 3 Total Derivative financial assets - 1,238 - 1,238 Financial assets at fair value through profit or loss 5,005 - 85,598 90,603 Financial assets at fair value through other comprehensive income 134,269 - 7,659 141,928 Total Assets 139,274 1,238 93,257 233,769 Derivative financial liabilities - 30 - 30 Total liabilities - 30 - 30 There are no transfers between the levels. Movement in Level 3 Current Period Prior Period Opening balance 93,257 45,225 Additions 4,776 9,919 Disposals - - Impairment (6,661) 38,113 Transfers - - Closing balance 91,372 93,257 X. EXPLANATIONS ON THE ACTIVITIES CARRIED OUT ON BEHALF AND ACCOUNT OF OTHER PERSONS The Bank has been authorized to provide trading brokerage activity, portfolio brokerage activity, best-effort copy public offering brokerage activity and limited custody services. The Bank does not deal with fiduciary transactions. 213 Financial Information and Risk Management Review PASHA Yatırım Bankası A.Ş. Notes to the Unconsolidated Financial Statements As of and for the Year Ended 31 December 2024 (Continued) (Convenience translation of publicly announced financial statements originally issued in Turkish) (Amounts are expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.)