PASHA BANK ENG 20

PASHA Yatırım Bankası A.Ş. Notes to Unconsolidated Financial Statements at 31 December 2020 (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) EXPLANATIONS AND NOTES RELATED TO UNCONSOLIDATED FINANCIAL STATEMENTS (Continued) 5. Information on other operating income TL 6,531 of reversal of prior year specific and expected credit loss provisions included on other operating income and there is no income regarding extraordinary accounts (31 December 2019 - TL 5,200). 6. Provision expenses related to loans and other receivables 31 December 2020 31 December 2019 Expected Credit Loss (1) 4,520 38,990 12 Month Expected Credit Loss (Stage 1) 2,521 2,065 Significant increase in credit risk (Stage 2) 1,999 17,295 Non-Performing Loans (Stage 3) - 19,630 Marketable Securities Impairment Provision 28 - Financial Assets at Fair Value Through Profit or Loss 28 - Financial Assets At Fair Value Through Other Comprehensive Income - - Investments in Associates, Subsidiaries and Held-to-Maturity Securities Value Decrease - - Investments in Associates - - Subsidiaries - - Joint Ventures - - Other - - Total 4,548 38,990 (1) Includes expected credit losses for the non-cash loans. 214 Annual Report 2020 PASHA Bank Year-End Financial Report