PASHA_BANK_ANNUAL REPORT 2023

EXPLANATIONS AND NOTES RELATED TO UNCONSOLIDATED FINANCIAL STATEMENTS (Continued) 2. Explanation about other cash flows items and the effect of changes in foreign exchange rates on cash and cash equivalents The “Other” items presented in “Net operating income before changes in operating assets and liabilities” amount to TL 76,070 (31 December 2022 - TL 38,395) mainly consists fees and commissions paid and other operating expenses excluding personnel expenses. The “Net increase/decrease in other liabilities” item under “Changes in operating assets and liabilities” amounting to TL 5,085 (31 December 2022- TL 126) consists of mainly changes in prepaid expenses and other assets. The “Net increase/decrease in other liabilities” item under “Changes in operating assets and liabilities” amounting to TL 1,082,561 (31 December 2022 – TL 761,546) consists of mainly changes in miscellaneous payables, borrower funds, other liabilities and taxes and other duties payable. The effect of change in foreign exchange rate on cash and cash equivalents is approximately increase of TL 157,131 (31 December 2022 – TL 119,763 increase). VII. EXPLANATIONS AND NOTES RELATED TO THE BANK’S RISK GROUP 1. The volume of transactions relating to the Bank’s risk group, outstanding loan and deposit transactions and profit and loss of the period: a. Information on loans of the Bank’s risk group: Current Period Investments in Associates, subsidiaries, and joint ventures Direct and indirect shareholders of the Bank Other real and legal persons that have been included in the risk group Cash Non-Cash Cash Non-Cash Cash Non-Cash Loans Beginning of the Period - - - 109,320 408,311 117,818 End of the Period - - - 76,476 451,063 81,429 Interest and Commission Income Received - - - 1,615 29,124 1,284 Prior Period Investments in Associates, subsidiaries, and joint ventures Direct and indirect shareholders of the Bank Other real and legal persons that have been included in the risk group Cash Non-Cash Cash Non-Cash Cash Non-Cash Loans Beginning of the Period - - - 187,981 464,149 268 End of the Period - - - 109,320 408,311 117,818 Interest and Commission Income Received - - - 1,172 23,704 34 TL 236,280 cash loan that was granted as a counter-guarantee of Parent Bank (31 December 2022 – TL 174,117). b. Information on deposits of the Bank’s risk group: The Bank doesn’t have any deposits since it is an investment bank. 241 PASHA Bank 2023 Annual Report Notes to Unconsolidated Financial Statements at 31 December 2023 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 General Information Information on Management and Corporate Governance Principles Financial Information and Risk Management Review