PASHA_BANK_ANNUAL REPORT 2023

Changes in Articles of Association, Share Capital, Shareholding and Organization Structure of PASHA Bank As of 31 December 2023, the paid-in capital of PASHA Bank is TL 500 million and PASHA Holding LLC is the controlling shareholder of the Bank. During the accounting period, a share transfer occurred between PASHA Bank OJSC and PASHA Holding LLC in the Bank, resulting in changes in the Bank’s capital and ownership structure. There have been no changes to the Bank’s articles of association during the accounting period. Share capital and ownership structure as of 2023 year-end is presented below: Shareholder’s Trade Name/Full Name Share Amount (TL) Ratio (%) PASHA Holding LLC 358,748,764.00 71.7498 PASHA Bank OJSC 141,046,357.00 28.2093 Other 204,879.00 0.04 Total 500,000,000 100.00 Bless LLC and Reveri LLC are qualified shareholders of PASHA Holding LLC with equal rates of 37.50% followed by Arif Pashayev and Mir Jamal Pashayev with rates of 15% and 10% respectively. As of reporting date, PASHA Holding LLC holds 56.82%, Bless LLC 28.18%, Arif Pashayev 9.99% and Mir Jamal Pashayev 5.01% of the shares in PASHA Bank OJSC. Paid-in-capital of the Bank is divided into 500,000,000 registered shares of TL 1.00 par value. Each share has one voting right. The Bank has no preferred shares. The Chairman and the Members of the Board of Directors, as well as the CEO and Deputy CEOs do not hold direct or indirect shares in the Bank. Changes in Organization Structure According to the decision taken by the Board of Directors on 21 June 2023: • The “Legal” and “Project Management” units under the General Manager and the “Operations” and “Administrative Affairs” units under the Assistant General Manager responsible for Operations are structured under the Deputy General Manager. • The “Premium Banking”, “Credits Unit”, “Treasury and Investor Relations”, “Financial Affairs”, and “Information Technologies” units, along with their respective subunits which were under the Assistant General Managers, are structured under the General Manager. The names of the Human Resources and Strategy and Budget Committees of the Board of Directors have been revised to “Human Resources Expert Group” and “Strategy and Budget Expert Group,” respectively. PASHA Bank OJSC 28.2093% PASHA Holding LLC 71.7498% Other 0.04% 18 PASHA Bank 2023 Annual Report

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