PASHA_BANK_ANNUAL REPORT 2022

The accompanying notes are an integral part of these financial statements Unconsolidated Financial Statements at 31 December 2022 III. STATEMENT OF PROFIT OR LOSS INCOME STATEMENT Note Current Period 31/12/2022 Prior Period 31/12/2021 I. INTEREST INCOME (5.4.1) 454,306 219,309 1.1 Interest on Loans 366,846 175,815 1.2 Interest Received From Reserve Deposits 657 1,951 1.3 Interest Received From Banks 3,585 792 1.4 Interest Received From Money Market Transactions 426 4,528 1.5 Interest Received From Marketable Securities Portfolio 50,221 18,027 1.5.1 Financial assets at fair value through profit or loss - - 1.5.2 Financial Assets at Fair Value Through Other Comprehensive Income 11,899 3,925 1.5.3 Financial Assets Measured at Amortised Cost 38,322 14,102 1.6 Finance Lease Income 32,571 18,187 1.7 Other Interest Income - 9 II. INTEREST EXPENSES (-) (5.4.2) 229,979 106,394 2.1 Interest on Deposits - - 2.2 Interest on Funds Borrowed 108,947 56,267 2.3 Interest on Money Market Transactions 38,293 6,277 2.4 Interest on Securities Issued 64,955 39,854 2.5 Finance Lease Expense 126 54 2.6 Other Interest Expenses (5.4.12) 17,658 3,942 III. NET INTEREST INCOME/EXPENSE (I - II) 224,327 112,915 IV. NET FEES AND COMMISSIONS INCOME/EXPENSES 50,434 10,285 4.1 Fees and Commissions Received 61,835 15,431 4.1.1 Non-cash loans 7,034 3,927 4.1.2 Other (5.4.12) 54,801 11,504 4.2 Fees and Commissions Paid (-) 11,401 5,146 4.2.1 Non-Cash Loans 515 428 4.2.2 Other (5.4.12) 10,886 4,718 V DIVIDEND INCOME (5.4.3) - - VI. TRADING PROFIT/LOSS (Net) (5.4.4) 50,619 20,516 6.1 Profit/Losses From Capital Market Transactions 9,663 3,158 6.2 Profit/Losses From Derivative Financial Transactions 16,250 30,262 6.3 Foreign Exchange Profit/Losses 24,706 (12,904) VII. OTHER OPERATING INCOME (5.4.5) 58,668 11,155 VIII. GROSS PROFIT FROM OPERATING ACTIVITIES (III+IV+V+VI+VII) 384,048 154,871 IX. ALLOWANCES FOR EXPECTED CREDIT LOSSES (-) (5.4.6) 17,567 37,459 X. OTHER PROVISION EXPENSES (-) (5.4.6) 100 100 XI. PERSONNEL EXPENSES (-) 56,264 28,442 XII. OTHER OPERATING EXPENSES (-) (5.4.7) 44,012 24,680 XIII. NET OPERATING PROFIT/LOSS (VIII-IX-X-XI-XII) 266,105 64,190 XIV. SURPLUS WRITTEN AS GAIN AFTER MERGER - - XV. PROFIT/LOSS FROM EQUITY METHOD APPLIED SUBSIDIARIES - - XVI. NET MONETORY POSITION GAIN/LOSS - - XVII. PROFIT/LOSS BEFORE TAXES FROM CONTINUING OPERATIONS (XIII+...+XVI) (5.4.8) 266,105 64,190 XVIII. PROVISION FOR TAXES ON INCOME FROM CONTINUING OPERATIONS (±) (5.4.9) 62,232 17,065 18.1 Current Tax Provision 62,857 15,635 18.2 Expense Effect Of Deferred Tax (+) 15,871 8,463 18.3 Income Effect Of Deferred Tax (-) 16,496 7,033 XIX. NET PROFIT/LOSS FROM CONTINUING OPERATIONS (XVII±XVIII) (5.4.10) 203,873 47,125 XX. INCOME FROM DISCONTINUED OPERATIONS - - 20.1 Income From Assets Held For Sale - - 20.2 Profit From Sale Of Associates, Subsidiaries And Joint Ventures - - 20.3 Other Income From Discontinued Operations - - XXI. EXPENSES FROM DISCONTINUED OPERATIONS (-) - - 21.1 Expenses On Assets Held For Sale - - 21.2 Losses From Sale Of Associates, Subsidiaries And Joint Ventures - - 21.3 Other Expenses From Discontinued Operations - - XXII. PROFIT/LOSS BEFORE TAXES FROM DISCONTINUED OPERATIONS (XX-XXI) (5.4.8) - - XXIII. TAX PROVISION FOR DISCONTINUED OPERATIONS (±) (5.4.9) - - 23.1 Current Tax Provision - - 23.2 Expense Effect Of Deferred Tax (+) - - 23.3 Income Effect Of Deferred Tax (-) - - XXIV. NET PROFIT/LOSS FROM DISCONTINUED OPERATIONS (XXII±XXIII) (5.4.10) - - XXV. NET PROFIT/LOSSES (XIX+XXIV) (5.4.11) 203,873 47,125 Profit/Loss Per Share (Expressed in exact TL) 0.4077 0.0943 126 PASHA Bank 2022 Annual Report 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