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. VII. PROFIT DISTRIBUTION STATEMENT Current Period 31/12/2020 1 Prior Period 31/12/2019 I. DISTRIBUTION OF CURRENT YEAR INCOME 1.1 CURRENT YEAR INCOME 42,088 32,969 1.2 TAXES AND DUTIES PAYABLE (-) (10,712) (7,278) 1.2.1 Corporate Tax (Income tax) (8,744) (10,808) 1.2.2 Income withholding tax - - 1.2.3 Other taxes and duties 2 (1,968) 3,530 A. NET INCOME FOR THE YEAR (1.1-1.2) 31,376 25,691 1.3 PRIOR YEAR LOSSES (-) - (3,563) 1.4 FIRST LEGAL RESERVES (-) - (1,106) 1.5 OTHER STATUTORY RESERVES (-) - - B. NET INCOME AVAILABLE FOR DISTRIBUTION [(A-(1.3+1.4+1.5)] 31,376 21,022 1.6 FIRST DIVIDEND TO SHAREHOLDERS (-) - - 1.6.1 To Owners of Ordinary Shares - - 1.6.2 To Owners of Privileged Shares - - 1.6.3 To Owners of Preferred Shares - - 1.6.4 To Profit Sharing Bonds - - 1.6.5 To Holders of Profit and (Loss) Sharing Certificates - - 1.7 DIVIDENDS TO PERSONNEL (-) - - 1.8 DIVIDENDS TO BOARD OF DIRECTORS (-) - - 1.9 SECOND DIVIDEND TO SHAREHOLDERS (-) - - 1.9.1 To Owners of Ordinary Shares - - 1.9.2 To Owners of Privileged Shares - - 1.9.3 To Owners of Preferred Shares - - 1.9.4 To Profit Sharing Bonds - - 1.9.5 To Holders of Profit and (Loss) Sharing Certificates - - 1.10 SECOND LEGAL RESERVES (-) - - 1.11 STATUTORY RESERVES (-) - - 1.12 EXTRAORDINARY RESERVES - 21,022 1.13 OTHER RESERVES - - 1.14 SPECIAL FUNDS - - II. DISTRIBUTION OF RESERVES - - 2.1 APPROPRIATED RESERVES - - 2.2 SECOND LEGAL RESERVES (-) - - 2.3 DIVIDENDS TO SHAREHOLDERS (-) - - 2.3.1 To owners of ordinary shares - - 2.3.2 To owners of privileged shares - - 2.3.3 To owners of preferred shares - - 2.3.4 To profit sharing bonds - - 2.3.5 To holders of profit and (loss) sharing certificates - - 2.4 DIVIDENDS TO PERSONNEL (-) - - 2.5 DIVIDENDS TO BOARD OF DIRECTORS (-) - - III. EARNINGS PER SHARE - - 3.1 TO OWNERS OF ORDINARY SHARES - - 3.2 TO OWNERS OF ORDINARY SHARES (%) - - 3.3 TO OWNERS OF PRIVILEGED SHARES - - 3.4 TO OWNERS OF PRIVILEGED SHARES (%) - - IV. DIVIDEND PER SHARE - - 4.1 TO OWNERS OF ORDINARY SHARES - - 4.2 TO OWNERS OF ORDINARY SHARES (%) - - 4.3 TO OWNERS OF PRIVILEGED SHARES - - 4.4 TO OWNERS OF PRIVILEGED SHARES (%) - - 1) As of financial statements preparation date, Bank’s General Shareholders Meeting have not yet been made, hence no decision has been taken on profit distribution. 2) Deferred tax income/expense shown in other taxes and duties not subject to profit appropriation. Notes to Unconsolidated Statements of Profit Distribution For the Year Ended 31 December 2020 Annual Report 2020 PASHA Bank Year-End Financial Report 121