PASHA BANK ANNUAL REPOT 2024

EXPLANATIONS AND NOTES RELATED TO UNCONSOLIDATED FINANCIAL STATEMENTS (Continued) V. EXPLANATIONS AND NOTES RELATED TO STATEMENT OF CHANGES IN THE SHAREHOLDERS’ EQUITY (Continued) 2. Amounts transferred to legal reserves In the ordinary general assembly meeting held on 15 March 2024, it was decided that the distributable net profit of TL 498,752 would not be distributed as dividends but instead transferred to the Extraordinary Reserves account. It was also decided that the distribution of the 2023 period profit and profits and reserves accumulated before 2023, which had not been distributed, would be considered during the year if suitable conditions arise. For the time being, no distribution would be made. In the extraordinary general assembly meeting held on 15 May 2024, it was decided that TL 15,002 of the distributable net profit of TL 498,752, which was transferred to the Extraordinary Reserves account in the ordinary general assembly meeting on 15 March 2024, would be distributed to the shareholders as cash dividends, in proportion to their shareholding. 3. Information on distribution of profit In accordance with the decision made at the extraordinary general assembly meeting held on 15 May 2024, TL 15,002 of the net period profit was distributed to the shareholders as cash dividends. 4. Information on capital increase: None. VI. EXPLANATIONS AND NOTES RELATED TO STATEMENT OF CASH FLOWS 1. Information on cash and cash equivalents Components of cash and cash equivalents and the accounting policy applied in their determination The effect of any change in the accounting policy of current period and the balance sheet recorded amounts of the components that make up cash and cash equivalents (excluding rediscount balances, reserve requirements, placements with maturity longer than 3 months and blocked accounts) are considered as cash and cash equivalents. a. Cash and cash equivalents at the beginning of the period Current Period Prior Period Cash 1,797,702 1,632,672 Cash and Foreign Currency Cash 110 72 Turkish Central Bank 1,797,592 1,632,600 Other - - Cash Equivalents 1,409,213 912,724 Banks 1,409,213 461,139 Money Market Placements - 451,585 Total Cash and Cash Equivalents 3,206,915 2,545,396 Collateral amounts on cash and cash equivalents (61,009) (118,133) Interest income rediscounts on cash and cash equivalents (10,636) (2,213) Cash equivalents with a maturity longer than three months - - Restricted reserve deposits (855,018) (754,068) Cash Flow Statements Cash and Cash Equivalents 2,280,252 1,670,982 243 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.)