PASHA_BANK_ANNUAL REPORT 2023

About the PASHA Group PASHA Holding LLC PASHA Holding LLC, through its subsidiaries, invests in banking, insurance, construction, information technology, the property development and tourism sectors. Established in 2006, the Holding builds its business on the basis of effective management, corporate governance and well‑thought-out investment decisions. The Holding has two types of investment assets portfolios: Controlling stakes in PASHA Holding and its subsidiaries (PASHA Group) and minority private equity investments. PASHA Bank Azerbaijan PASHA Bank OJSC is one of the leading corporate banks in Azerbaijan. PASHA Bank OJSC provides all the important financial services covering investment banking, trade finance and asset management to a range of customers ranging from big corporations to SMEs. The Bank works in close cooperation with companies in the agriculture, transportation, construction, tourism and retail sectors which play a vital 19 PASHA Bank 2023 Annual Report General Information Information on Management and Corporate Governance Principles Financial Information and Risk Management Review