PASHA_BANK_ANNUAL REPORT 2022

55 PASHA Bank 2022 Annual Report General Information Information on Management and Corporate Governance Principles Financial Information and Risk Management Review In principle, the Board of Directors meet at the Bank’s headquarters every two months, with all members present. The members of the Board of Directors attend meetings, or provide notification to the contrary. The Board resolutions are taken in accordance with the meeting and resolution quorums specified in the Articles of Association. During the year, the Board of Directors convened a total of eleven times, nine with members physically present, and twice via electronic communications. and passed 112 resolutions. All resolutions of the Board of Directors were taken unanimously. The average attendance rate of the Board Members in the meeting held throughout the year is 92%, and the details of attendance are provided in the following table: Meeting dates Number of Attending Members Type of Meeting 02 February 2022 9 Electronic 25 February 2022 8 Physical Attendance 18 March 2022 9 Physical Attendance 29 April 2022 9 Physical Attendance 25 May 2022 9 Physical Attendance 23 June 2022 6 Physical Attendance 28 July 2022 8 Electronic 23 September 2022 8 Physical Attendance 21 October 2022 8 Physical Attendance 25 November 2022 9 Physical Attendance 16 December 2022 8 Physical Attendance