PASHA BANK ANNUAL REPOT 2024

SUMMARY OF THE BOARD OF DIRECTORS’ ANNUAL REPORT SUBMITTED TO THE GENERAL ASSEMBLY Dear Shareholders, We thank each and every one of the shareholders participating in the 2024 Ordinary General Meeting of Shareholders of our Bank. Our bank’ balance sheet grew by 30% in 2024, our total assets reached TL 12,913 million, according to the audited unconsolidated financial statements for 2024, and the share of total cash loans and lease receivables constituted 54% of total assets. PASHA Bank’s total shareholders’ equity as of 31 December 2024 was TL 1,775 million. The increase in loans reflected positively on the results of 2024. The total cash, non-cash loans and lease receivables of the Bank reached TL 8,347 million, rising by 23% compared to the previous year as a result of the prudent risk policies that were applied. The net profit for the period was recorded at TL 463 million. We have examined the Bank’s financial statements for the period of 1 January to 31 December 2024, and they do not contain any misstatements materially affecting the presentation of the information, and they accurately reflect the Bank’s financial position. PASHA Bank’s financial statements containing the operating results for 2024 are presented for your examination and approval in the attachment. We propose and submit to the General Assembly the approval of the audited, unconsolidated financial statements prepared as of 31 December 2024, and the release of our members of the Board of Directors and the Senior Management individually. Regards, On Behalf of the Board of Directors Jalal Gasimov Chairman 73 Information on Management and Corporate Governance Principles