PASHA_BANK_ANNUAL REPORT 2022

III. Explanation on the Board of Directors, members of the audit committee, president and executive vice presidents, changes in these matters (if any) and shares of the Bank they possess Title Name Education Share % Chairman of the Board of Directors (1) Jalal Gasimov Postgraduate - Deputy Chairman of the Board of Directors (1) Farid Mammadov Postgraduate - Board Member Shahin Mammadov PhD - Board Member Javid Guliyev Postgraduate - Board Member/Audit Committee Member Kamala Nuriyeva Postgraduate - Independent Board Member/Audit Committee Chairperson Furkan Evranos PhD - Independent Board Member Ebru Oğan Knottnerus Graduate - Independent Board Member Nuri Tuncalı Graduate - Board Member and CEO Hikmet Cenk Eynehan Postgraduate - Deputy CEO (Acting CEO) Ayşe Hale Yıldırım Postgraduate - Deputy CEO (2) Özer Baran Postgraduate - Deputy CEO Benan Bilge Köksal Graduate - (1) Upon allocation of duties among the members of the Board of Directors, as per Article 13 of the Articles of Association of the Bank, and by the Board resolution dated March 18, 2022 and numbered 29, it has been decided to have Jalal Gasimov continue to serve as the Chairman of the Board of Directors, and Farid Mammadov as the Deputy Chairman of the Board of Directors. (2) Özer Baran, Deputy General Manager responsible for Credits and Information Technologies, resigned from his position at our Bank on August 5, 2022. The Chairman and the Members of the Board of Directors, as well as the CEO and Deputy CEOs do not possess shares of the Bank directly or indirectly. IV. Explanation on shareholders having control shares Explanation on shareholders having control shares of the Bank as of 31 December 2022, is stated below; Name/Commercial title Share Amounts (nominal) Share percentage Paid-in Capital (nominal) Unpaid portion Leyla Aliyeva 179,461 35.89% 179,461 - Arzu Aliyeva 179,461 35.89% 179,461 - Arif Pashayev 89,139 17.83% 89,139 - Mir Jamal Pashayev 51,734 10.35% 51,734 - V. Information on the Bank’s service type and field of operations The Bank operates as an investment bank and as of 31 December 2022 the Bank has 57 employees (31 December 2021 - 60). The Bank has been operating through its Head Office in Istanbul only as of 31 December 2022 and has no branches. 120 PASHA Bank 2022 Annual Report Notes to Unconsolidated Financial Statements at 31 December 2022 Pasha Yatırım Bankası A.Ş. (Amounts are expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.) Convenience translation of publicly announced unconsolidated financial statements originally issued in turkish, see note I of section three