PASHA BANK ENG 20

PASHA Yatırım Bankası A.Ş. (Amounts are expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.) (Convenience Translation of Publicly Announced Financial Statements Originally Issued in Turkish, See Note I of Section Three) The accompanying notes are an integral part of these financial statements. II. OFF-BALANCE SHEET Current Period 31/12/22020 Prior Period 31/12/2019 OFF BALANCE SHEET COMMITMENTS Note LC FC Total LC FC Total A. OFF-BALANCE SHEET COMMITMENTS (I+II+III) 205,515 339,715 545,230 213,337 166,662 379,999 I. GUARANTEES AND WARRANTIES (5.3.1) 165,346 167,280 332,626 201,464 154,925 356,389 1.1. Letters of Guarantee 165,346 126,473 291,819 201,464 130,567 332,031 1.1.1 Guarantees Subject to State Tender Law - - - - - - 1.1.2 Guarantees Given for Foreign Trade Operations - - - - - - 1.1.3 Other Letters of Guarantee 165,346 126,473 291,819 201,464 130,567 332,031 1.2 Bank Acceptances - - - - - - 1.2.1 Import Letter of Acceptance - - - - - - 1.2.2 Other Bank Acceptances - - - - - - 1.3 Letters of Credit - - - - 598 598 1.3.1 Documentary Letters of Credit - - - - - - 1.3.2 Other Letters of Credit - - - - 598 598 1.4 Prefinancing Given as Guarantee - - - - - - 1.5 Endorsements - - - - - - 1.5.1 Endorsements to the Central Bank of the Republic of Turkey - - - - - - 1.5.2 Other Endorsements - - - - - - 1.6 Securities Issue Purchase Guarantees - - - - - - 1.7 Factoring Guarantees - - - - - - 1.8 Other Guarantees - 40,807 40,807 - 23,760 23,760 1.9 Other Collaterals - - - - - - II. COMMITMENTS (5.3.1) 7,718 14,715 22,433 17 - 17 2.1 Irrevocable Commitments 7,718 14,715 22,433 17 - 17 2.1.1 Asset Purchase and Sales Commitments 2,246 2,226 4,472 - - - 2.1.2 Deposit Purchase and Sales Commitments - - - - - - 2.1.3 Share Capital Commitments to Associates and Subsidiaries - - - - - - 2.1.4 Commitments for Loan Limits - - - - - - 2.1.5 Securities Issue Brokerage Commitments - - - - - - 2.1.6 Commitments for Reserve Deposit Requirements - - - - - - 2.1.7 Commitments for Cheques - - - - - - 2.1.8 Tax and Fund Liabilities from Export Commitments - - - 17 - 17 2.1.9 Commitments for Credit Card Limits - - - - - - 2.1.10 Promotion Commitments for Credit Cards and Banking Services - - - - - - 2.1.11 Receivables from Short Sale Commitments of Marketable Securities - - - - - - 2.1.12 Payables for Short Sale Commitments of Marketable Securities - - - - - - 2.1.13 Other Irrevocable Commitments 5,472 12,489 17,961 - - - 2.2. Revocable Commitments - - - - - - 2.2.1 Revocable Commitments for Loan Limits - - - - - - 2.2.2 Other Revocable Commitments - - - - - - III. DERIVATIVE FINANCIAL INSTRUMENTS (5.3.2) 32,451 157,720 190,171 11,856 11,737 23,593 3.1 Hedging Derivative Financial Instruments - - - - - - 3.1.1 Transactions for Fair Value Hedge - - - - - - 3.1.2 Transactions for Cash Flow Hedge - - - - - - 3.1.3 Transactions for Foreign Net Investment Hedge - - - - - - 3.2 Trading Derivative Financial Instruments 32,451 157,720 190,171 11,856 11,737 23,593 3.2.1 Forward Foreign Currency Buy/Sell Transactions - - - 11,856 11,737 23,593 3.2.1.1 Forward Foreign Currency Transactions-Buy - - - - 11,737 11,737 3.2.1.2 Forward Foreign Currency Transactions-Sell - - - 11,856 - 11,856 Unconsolidated Off-Balance Sheet As at 31 December 2020 114 Annual Report 2020 PASHA Bank Year-End Financial Report