PASHA_BANK_ANNUAL REPORT 2022

109 PASHA Bank 2022 Annual Report General Information Financial Information and Risk Management Review Information on Management and Corporate Governance Principles The international credit rating agency JCR Eurasia Rating affirmed PASHA Bank’s rating in its press release dated 29 September 2022 as follows. National Long‑Term Rating: A‑ (tur) (Outlook: Stable) International Long‑Term Foreign Currency Rating BB, (Outlook Negative) The Bank’s credit rating was publicly announced via PDP and detailed information about the Bank’s rating was posted on the Bank’s corporate website www.pashabank.com.tr and JCR Eurasia Rating’s website jcrer.com.tr . On its Corporate Governance Rating report dated 8 June 2022, JCR Eurasia Rating has assigned PASHA Bank an overall compliance score of (9.24) with CMB Corporate Governance Principles by revising it upwards along with a (Stable) outlook. According to JCR Eurasia Rating’s methodological infrastructure and notation representation, the level of overall convergence of the Bank with the CMB Corporate Governance Principles corresponds to the [AAA (Trk) / Distinctive] category and its notch degree to the level of [aa / Superior]. The corporate governance compliance rating score comprises four main fields with different weights as per relevant CMB’s regulations and distribution of PASHA Bank’s ratings on these fields are as follows; Main Fields Weight Numerical Value Convergence Level Rating Outlook Shareholders 25% 90.70 [AAA (Trk) / Distinctive Compliance] [aa / (Superior)] Stable Public Disclosure and Transparency 25% 91.90 [AAA (Trk) / Distinctive Compliance] [aa / (Superior)] Stable Stakeholders 15% 93.03 [AAA (Trk) / Distinctive Compliance] [aa / (Superior)] Stable Board of Directors 35% 93.74 [AAA (Trk) / Distinctive Compliance] [aa / (Superior)] Stable The revised Corporate Governance Rating Score for the period was posted on the Bank’s corporate website, www.pashabank. com.tr, and also announced to the public via material disclosure made on the Public Disclosure Platform (PDP). (TL thousand) 31.12.2022 31.12.2021 31.12.2020 31.12.2019 31.12.2018 Total Assets 6,155,855 3,562,553 2,179,409 1,725,503 1,349,565 Loan and Leasing Receivables, net 3,569,284 2,351,519 1,450,745 1,045,060 840,278 Securities, net 553,096 428,520 153,276 96,133 71,315 Total Equity 815,762 606,980 562,670 531,611 505,657 Net Profit/Loss 203,873 47,125 31,376 25,691 (3,563) Information on Ratings Assigned by Rating Agencies Five‑Year Summary of Unconsolidated Financial Highlights