PASHA BANK ANNUAL REPOT 2024

Company Compliance Status Yes Partial No Exempted Not Applicable Description 4.1. ROLE OF THE BOARD OF DIRECTORS 4.1.1 - The board of directors has ensured strategy and risks do not threaten the long- term interests of the company, and that effective risk management is in place. X 4.1.2 - The agenda and minutes of board meetings indicate that the board of directors discussed and approved strategy, ensured resources were adequately allocated, and monitored company and management performance. X 4.2. ACTIVITIES OF THE BOARD OF DIRECTORS 4.2.1-The board of directors documented its meetings and reported its activities to the shareholders. X 4.2.2-Duties and authorities of the members of the board of directors are disclosed in the annual report. X 4.2.3-The board has ensured the company has an internal control framework adequate for its activities, size and complexity. X 4.2.4-Information on the functioning and effectiveness of the internal control system is provided in the annual report. X 4.2.5 - The roles of the Chairman and Chief Executive Officer are separated and defined. X 4.2.7 - The board of directors ensures that the Investor Relations department and the corporate governance committee work effectively. The board works closely with them when communicating and settling disputes with shareholders. X 4.2.8 - The company has subscribed to a Directors and Officers liability insurance covering more than 25% of the capital. X The cost of liability insurance for managers does not exceed 25% of the capital of the Bank, and there was not a disclosure made on the PDP on this issue. 91 Information on Management and Corporate Governance Principles