PASHA BANK ANNUAL REPOT 2024

GENERAL INFORMATION 3 AGENDA OF THE ORDINARY GENERAL ASSEMBLY MEETING 6 THE VALUES THAT WILL CARRY PASHA BANK TO THE FUTURE 7 VISION 7 MISSION 8 FINANCIAL HIGHLIGHTS 12 2024 HIGHLIGHTS 16 PASHA BANK’S HISTORICAL DEVELOPMENT AND MILESTONES 20 CHANGES IN ARTICLES OF ASSOCIATION, SHARE CAPITAL, SHAREHOLDING AND ORGANIZATION STRUCTURE OF PASHA BANK 21 ABOUT THE PASHA GROUP 22 2024 OVERVIEW AND EXPECTATIONS FOR 2025 28 CHAIRMAN’S MESSAGE 32 MESSAGE FROM THE CEO 38 PASHA BANK’S 2024 OPERATIONS 40 CORPORATE AND COMMERCIAL BANKING OPERATIONS 44 INVESTMENT BANKING 46 PREMIUM BANKING 47 PROJECT MANAGEMENT 49 SUSTAINABILITY 50 INFORMATION TECHNOLOGIES INFORMATION ON MANAGEMENT AND CORPORATE GOVERNANCE PRINCIPLES 54 BOARD OF DIRECTORS 57 SENIOR MANAGEMENT 58 DIRECTORS 64 INFORMATION ON MANAGERS OF DEPARTMENTS WITHIN THE SCOPE OF INTERNAL SYSTEMS AND INDEPENDENT AUDITOR 65 WORKING PRINCIPLES OF BOARD COMMITTEES AND EXPERT GROUPS 66 INFORMATION ON THE ACTIVITIES OF THE BOARD OF DIRECTORS AND THE COMMITTEES 73 SUMMARY OF THE BOARD OF DIRECTORS’ ANNUAL REPORT SUBMITTED TO THE GENERAL ASSEMBLY 74 HUMAN RESOURCES PRACTICES 78 PROFIT DISTRIBUTION POLICY 79 INFORMATION ON SUPPORT AND OUTSOURCED SERVICE PROVIDERS 80 TRANSACTIONS MADE WITH THE BANK’S RISK GROUP 81 INFORMATION ON SIGNIFICANT DEVELOPMENTS RELATED WITH THE BANK’S OPERATIONS AND LEGAL DISCLOSURES 84 MEASURES INTENDED TO PREVENT CONFLICTS OF INTEREST 85 STATEMENT OF COMPLIANCE WITH CORPORATE GOVERNANCE PRINCIPLES 87 CORPORATE GOVERNANCE COMPLIANCE REPORT 94 CORPORATE GOVERNANCE INFORMATION FORM 106 STATEMENT OF INDEPENDENCE 108 CORPORATE GOVERNANCE COMPLIANCE REPORT RESPONSIBILITY STATEMENT 109 PASHA YATIRIM BANKASI A.Ş. 2024 ANNUAL REPORT RESPONSIBILITY STATEMENT 110 I NDEPENDENT AUDITOR’S REPORT ON THE BOARD OF DIRECTORS’ ANNUAL REPORT FINANCIAL INFORMATION AND RISK MANAGEMENT REVIEW 112 ASSESSMENTS OF THE AUDIT COMMITTEE ON THE ACTIVITIES OF INTERNAL SYSTEMS 116 ASSESSMENTS ON THE FINANCIAL CONDITION, PROFITABILITY, DEBT SERVICING CAPABILITY AND REALIZATION OF THE DEFINED STRATEGIC OBJECTIVES 118 RISK MANAGEMENT POLICIES 119 INFORMATION ON RATINGS ASSIGNED BY RATING AGENCIES 119 FIVE‑YEAR SUMMARY OF UNCONSOLIDATED FINANCIAL HIGHLIGHTS 120 PUBLICLY ANNOUNCED UNCONSOLIDATED FINANCIAL STATEMENTS TOGETHER WITH AUDIT REPORT AT 31 DECEMBER 2024 CONTACT INFORMATION CONTENTS 2 PASHA Bank 2024 Annual Report

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