PASHA_BANK_ANNUAL REPORT 2022

63 PASHA Bank 2022 Annual Report General Information Information on Management and Corporate Governance Principles Financial Information and Risk Management Review Dear Shareholders, We thank each and every one of the shareholders participating in the 2022 Annual General Meeting of Shareholders of our Bank. Our bank’ balance sheet grew by 73% in 2022, our total assets reached TL 6,156 million, according to the audited unconsolidated financial statements for 2022, and the share of total cash loans and lease receivables constituted 59% of total assets. PASHA Bank’s total shareholders’ equity as of 31 December 2022 was TL 816 million. The increase in loans reflected positively on the results of 2022. The total cash, non-cash loans and lease receivables of the Bank reached TL 4,423 million, rising by 40% compared to the previous year as a result of the prudent risk policies that were applied. The net profit for the period was recorded at TL 204 million. We have examined the Bank’s financial statements for the period of 1 January to 31 December 2022, and they do not contain any misstatements materially affecting the presentation of the information, and they accurately reflect the Bank’s financial position. PASHA Bank’s financial statements containing the operating results for 2022 are presented for your examination and approval in the attachment. We propose and submit to the General Assembly the approval of the audited, unconsolidated financial statements prepared as of 31 December 2022, and the release of our members of the Board of Directors individually. Regards, On Behalf of the Board of Directors Jalal Gasimov Chairman Summary of the Board of Directors’ Annual Report Submitted to the General Assembly