PASHA BANK ANNUAL REPOT 2024

Meeting Dates Number of Attending Members Type of Meeting 12 February 2024 2 Electronic 15 March 2024 2 Physical Attendance 24 April 2024 2 Electronic 13 May 2024 2 Electronic 12 June 2024 2 Electronic 12 July 2024 2 Electronic 02 August 2024 2 Electronic 23 September 2024 2 Physical Attendance 31 October 2024 2 Physical Attendance 15 November 2024 2 Electronic 18 December 2024 2 Electronic Corporate Governance Committee The Corporate Governance Committee was established to ensure the management of the Bank in a responsible, fair, transparent, and accountable manner, so as to protect the rights and interests of all stakeholders and shareholders in line with PASHA Bank’s identified objectives, the Banking Law, the Capital Markets Law, and relevant regulations, as well as other laws, the Articles of Association, the Bank’s internal regulations, and banking ethics; and of monitoring the Bank’s compliance with corporate governance principles; and submitting proposals required to the Board of Directors. Below is the existing structure of the committee: Name-Surname Committee Position Furkan Evranos Chairperson Shahin Mammadov Member The Committee continues its activities within the framework of the Corporate Governance Committee Regulation. It convenes as required by business needs, and at least once a year. Board of Directors’ Evaluation of Committee Effectiveness The independence declarations of Board Members who meet the independence criteria described in CMB’s Corporate Governance Principles No: 4.3.6 have been presented to the Board of Directors. In 2024, within the scope of evaluation of PASHA Bank’s corporate governance practices, Corporate Governance Committee evaluated the Annual Report of Investor Relations Department, Annual Report of Board of Directors and Annual Report of the Bank, Corporate Governance Principles Compliance Report, Corporate Governance Rating Report, the sustainability roadmap of PASHA Bank Türkiye, internal regulations of PASHA Bank and the election of rating agency for Corporate Governance Rating. The Committee presented the results of its monitoring activities to the Board of Directors. These results included its Evaluations of Environmental, Social, Corporate Governance Activities, Investor Relations Activities, Activities of Board of Directors and Board of Directors Committees. The Committee convened once in the accounting period and made resolutions on relevant items of the agenda. Meeting Dates Number of Attending Members Type of Meeting 23 February 2024 2 Physical Attendance Risk Management Committee The Risk Management Committee was established to ensure that PASHA Bank’s risk identification, evaluation, measurement, control, reporting and monitoring processes and capabilities are effective, adequate, and reliable, and to advise and assist the Board of Directors on this matter in meeting its duties and responsibilities. Tasked with establishing an effective risk management system, the Risk Management Committee sets out PASHA Bank’s risk management policies and strategies in accordance with the Capital Markets Legislation and the principles contained in the BRSA regulations; reviews the types of credit, market, strategic, operational, and financial risks that it is exposed to; INFORMATION ON THE ACTIVITIES OF THE BOARD OF DIRECTORS AND THE COMMITTEES 68 PASHA Bank 2024 Annual Report