PASHA BANK ANNUAL REPOT 2024

BOARD OF DIRECTORS JALAL GASIMOV Chairman Jalal Gasimov earned his bachelor’s degree in economics from Azerbaijan Economy University, and his Master’s degree in Economic Relations from the Higher Diplomatic College of Azerbaijan. He completed his MBA at the Warwick Business School, UK. Jalal Gasimov began his banking career in 1999 at İlkbank OJSC in Azerbaijan. From 2002 to 2003, he held various positions in the finance sector at private sector organizations. He served as the Finance Director at Azpetrol Oil Company from 2003 to 2004, and as the Vice Chairman of the Board of Directors at Azpetrol Holding from 2004 to 2006. Subsequently, Jalal Gasimov held positions at McKinsey & Company’s Moscow office, Bank of Baku as CEO, CRA Group as Finance Director, and Unibank as CEO. Joining PASHA Holding in 2015 as Banking Group President and Deputy CEO, he served as Deputy CEO between October 2016 and December 2019. In January 2020, Jalal Gasimov was appointed as the CEO of PASHA Holding. Jalal Gasimov served as a member of Working Groups/Project Teams established by the President of the Republic of Azerbaijan to develop various government initiatives since February 2016. He was a member of the Board of Trustees of the Azerbaijan Deposit Insurance Fund between July 2016 - July 2019 and was involved in the working group for the establishment of the Azerbaijan Mortgage and Credit Guarantee Fund. He was also a member of the Advisory Board of the Association of Banks of Azerbaijan from July 2025 until early 2021. Additionally, Jalal Gasimov served as an Independent Board Member at MTBank Belarus for 5 years and as an Independent Board Member at Saba Poultry Azerbaijan for 3 years. He currently serves as the Chairman of the Board of Directors at Azerbaijan Supermarkets (Bravo), AgroDiary (Agricultural Business), Food City Agropark, and PASHA Management Company and as a Board Member at PASHA Insurance, PASHA Investment and Kapital Bank. Mr. Gasimov has been the Chairman of the Board of Directors of PASHA Yatırım Bankası A.Ş. since 31 March 2017, where he joined as a Board Member effective 17 August 2015. He has 26 years of experience in banking and business administration. ROVSHAN ALLAHVERDIYEV Deputy Chairman Rovshan Allahverdiyev completed his undergraduate education in Labor Economics and Sociology at Azerbaijan State University of Economics. He began his career in 1992 as a Chief Specialist at Khayal Cooperative Bank. In the same year, he served as Chief Specialist and Chief Accountant at Garagayabank Commercial Bank. In 1996, Rovshan Allahverdiyev joined Arkobank JSB as Deputy Chief Accountant, subsequently serving as Director of the Finance Department and Deputy General Manager. In 2002, he worked as Deputy Director of the Credit Department at Zamin Commercial Bank, then held positions as Director of Customer Service and Finance-Credit Department, and Deputy General Manager at Caucasus Development Bank in 2002. From 2003 to 2006, Rovshan Allahverdiyev worked at Texnikabank, followed by roles as Branch Manager at Kapital Bank from 2006 to 2007. From 2007 to 2013, he served as Deputy General Manager at PASHA Bank OJSC. Additionally, he served as General Manager and Chairman of the Executive Committee at Kapital Bank OJSC from 11 June 2013 to 4 May 2023. Rovshan Allahverdiyev was appointed as Deputy General Manager of Corporate Banking and Insurance Group within PASHA Holding on May 5, 2023. Rovshan Allahverdiyev joined PASHA Yatırım Bankası A.Ş. as a Member of the Board of Directors as of 18 March 2023 and has been serving as Deputy Chairman of the Board at PASHA Yatırım Bankası A.Ş. since 15 March 2024. Rovshan Allahverdiyev has 32 years of experience in the fields of banking and management. 54 PASHA Bank 2024 Annual Report