PASHA BANK ANNUAL REPOT 2024

CORPORATE GOVERNANCE COMPLIANCE REPORT Company Compliance Status Yes Partial No Exempted Not Applicable Description 1.4. VOTING RIGHTS 1.4.1-There is no restriction preventing shareholders from exercising their shareholder rights. X 1.4.2-The company does not have shares that carry privileged voting rights. X 1.4.3-The company withholds from exercising its voting rights at the General Shareholders’ Meeting of any company with which it has cross-ownership, in case such cross-ownership provides management control. X The Bank has no subsidiaries and affiliates. 1.5. MINORITY RIGHTS 1.5.1- The company pays maximum diligence to the exercise of minority rights. X 1.5.2-The Articles of Association extend the use of minority rights to those who own less than one twentieth of the outstanding shares, and expand the scope of the minority rights. X Minority rights have not been determined to be less than one-twentieth of the capital in the Articles of Association of the Bank. 1.6. DIVIDEND RIGHT 1.6.1 -The dividend policy approved by the General Shareholders’ Meeting is posted on the company website. X 1.6.2-The dividend distribution policy comprises the minimum information to ensure that the shareholders can have an opinion on the procedure and principles of dividend distributions in the future. X 1.6.3 - The reasons for retaining earnings, and their allocations, are stated in the relevant agenda item. X 1.6.4 - The board reviewed whether the dividend policy balances the benefits of the shareholders and those of the company. X 1.7. TRANSFER OF SHARES 1.7.1 - There are no restrictions preventing shares from being transferred. X 2.1. CORPORATE WEBSITE 2.1.1.-The company website includes all elements listed in Corporate Governance Principle 2.1.1. X Frequently Asked Questions section is not available. 2.1.2-The shareholding structure (names, privileges, number and ratio of shares, and beneficial owners of more than 5% of the issued share capital) is updated on the website at least every 6 months. X The information on real person shareholders who own more than 5% of the issued capital is not available on the corporate website. 88 PASHA Bank 2024 Annual Report