PASHA BANK ANNUAL REPOT 2024

In principle, the Board of Directors meet at the Bank’s headquarters every two months, with all members present. The members of the Board of Directors attend meetings or provide notification to the contrary. The Board resolutions are taken in accordance with the meeting and resolution quorums specified in the Articles of Association. During the year, the Board of Directors convened a total of 12 times, five with members physically present, and seven via electronic communications. and passed 112 resolutions. All resolutions of the Board of Directors were taken by majority vote. The average attendance rate of the Board Members in the meeting held throughout the year is 91.66%, and the details of attendance are provided in the following table: Meeting dates Number of Attending Members Type of Meeting 15 February 2024 10 Electronic 23 February 2024 9 Physical Attendance 15 March 2024 7 Physical Attendance 15 March 2024 9 Electronic 26 April 2024 7 Electronic 27 May 2024 7 Electronic 28 June 2024 7 Physical Attendance 26 July 2024 7 Electronic 25 September 2024 6 Electronic 31 October 2024 8 Physical Attendance 04 December 2024 8 Electronic 25 December 2024 8 Electronic Meetings Attended / Meetings Held Board Members Independence Status Board of Directors Audit Committee Risk Management Committee Strategy and Budget Expert Group Corporate Governance Committee HR Expert Group Nomination and Remuneration Committee Jalal Gasimov 7/12 3/4 Rovshan Allahverdiyev 12/12 2/7 1/4 4/4 Shahin Mammadov 9/12 7/7 1/1 4/4 Javid Guliyev 10/12 Kamala Nuriyeva 12/12 11/11 12/12 Nuri Tuncalı + 12/12 Furkan Evranos + 12/12 11/11 9/9 1/1 H. Cenk Eynehan 12/12 7/7 4/4 4/4 Average Attendance Rate 89.5% 100% 100% 76% 100% 75% 92% INFORMATION ON THE ACTIVITIES OF THE BOARD OF DIRECTORS AND THE COMMITTEES 66 PASHA Bank 2024 Annual Report