PASHA BANK ENG 20

As per the decision 2/49 of Capital Markets Board (CMB) dated 10 January 2020, we have reviewed the Corporate Governance Compliance Report and Corporate Governance Information Form for the period 1 January 2020-31 December 2020 and we declare that these reports were prepared in accordance with the rules and principles stated in CMB’s Communiqué on Corporate Governance numbered II-17.1. Ebru Oğan KNOTTNERUS Kamala NURIYEVA Chairperson of Audit Committee Member of Audit Committee Corporate Governance Compliance Report Responsibility Statement Annual Report 2020 PASHA Bank Information on Management and Corporate Governance Practices 91