PASHA BANK ENG 20

Meeting Dates Number of Attending Members Type of Meeting 31 January 2020 4 Physical Attendance 26 February 2020 4 Physical Attendance 05 March 2020 4 Physical Attendance 16 March 2020 4 Videoconference 16 April 2020 4 Videoconference 12 May 2020 4 Videoconference 16 June 2020 4 Videoconference 24 July 2020 4 Videoconference 19 August 2020 2 Videoconference 28 August 2020 2 Videoconference 23 October 2020 3 Videoconference 26 November 2020 3 Videoconference 14 December 2020 3 Videoconference The graph below shows the distribution of agenda topics addressed by the Committee during 2020. 14% 14% 14% 10% 48% Review of Budget Realizations and Strategic Initiatives Committee Activity Reports 2021 Budget Internal Regulations 2021-2023 Period Strategy Plan Board of Directors’ Evaluation of Committee Effectiveness The Strategy and Budget Committee presented the results of its activities to the Board of Directors in quarterly activity reports. The Strategy and Budget Committee held 13 meetings during the reporting period and passed decisions regarding the agenda items. In the meetings, the Committee reviewed the Bank’s 2021 budget and macroeconomic and market projections in connection with budgeting, interim financial performance and financial statements, year-end forecasts, internal documents about the Committee, strategy plan preparations for 2021- 2023 period and macroeconomic projections for the strategy period, execution plans for strategic initiatives and projects carried out, Information Systems Strategy Plan, Talent Development and Retention Strategy, the Committee’s periodic activity reports, key performance indicators, the impacts of COVID-19 and the actions taken in response, and the market and competitive environment. Annual Report 2020 PASHA Bank Information on Management and Corporate Governance Practices 55