PASHA_BANK_ANNUAL REPORT 2022

INFORMATION RELATED TO UNCONSOLIDATED FINANCIAL POSITION AND RISK MANAGEMENT (Continued) b. Information about instruments that will be included in total capital calculation Issuer PASHA Holding LLC Identifier(s) (CUSIP, ISIN etc.) - Governing law(s) of the instrument BRSA/Turkish Law Regulatory Treatment Subject to 10% deduction as of 1/1/2015 - Eligible on unconsolidated and/or consolidated basis Consolidated and unconsolidated Instrument type Loan Amount recognized in regulatory capital (Currency in mil, as of most recent reporting date) 467 Nominal value of instrument (TL Million) 467 Accounting classification of the instrument Subordinated Loans (347010 Accounting Number) Issuance date of instrument 28.09.2022 Maturity structure of the instrument (demand/maturity) Maturity Original maturity of the instrument 28.09.2022 Issuer call subject to prior supervisory (BRSA) approval Yes Optional call date, contingent call dates and redemption amount After 5 th year Subsequent call dates, if applicable After 5 th year Coupon/Dividend Payment Fixed or floating coupon/dividend payments Floating Coupon rate and any related index The interest rate applicable for initial 5 years period shall be anually 5.73%., second 5 years is based on consensual; if the parties can not be reach an agreement for coupon rate, the interest rate will be Yield Of Sovereign Debt +Spread for Bonds of Bank Existence of any dividend payment restriction - Fully discretionary, partially discretionary or mandatory Mandatoriy Existence of step up or other incentive to redeem - Noncumulative or cumulative Non-cumulative Convertible or Non-convertible Into Equity Shares If convertible, conversion trigger (s) - If convertible, fully or partially - If convertible, conversion rate - If convertible, mandatory or optional conversion - If convertible, type of instrument convertible into - If convertible, issuer of instrument to be converted into - Write-Down Feature If bonds can be written-down, write-down trigger(s) In case of a threat on revocation of the operation license pursunt to Arcticle 71 of the Banking Law No:5411 or transfer to the Saving Deposit Insurance Fund due to losses suffered, the outstanding amount of the Facility can be wholly or partially written off by the Brower by settin off to the account of such losses based on the decision of the BRSA. If bond can be written-down, full or partial Partial or complete If bond can be written-down, permanent or temporary Permanent If temporary write-down, description of write-up mechanism - Position in subordination hierarchy in case of liquidation (instrument type immediately senior to the instrument) Before the stock shares and primary subordinated debt and after all the other debts In compliance with article number 7 and 8 of own fund regulation Yes Details of incompliances with article number 7 and 8 of own fund regulation Accept those conditions mentioned article number 8 .2. (a) “issued by the Bank” and “registered by the Capital Markets Board”, the instruments is in compliance with article number 8.The instrument is not compliant with article numbered 7. 148 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