PASHA BANK ENG 20

PASHA Yatırım Bankası A.Ş. Notes to Unconsolidated Financial Statements at 31 December 2020 (Amounts are expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.) (Convenience Translation of Publicly Announced Financial Statements Originally Issued in Turkish, See Note I of Section Three) EXPLANATIONS AND NOTES RELATED TO UNCONSOLIDATED FINANCIAL STATEMENTS (Continued) c. Information on forward and option agreements and other similar agreements made with the Bank’s risk group Bank’s Risk Group 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 Current Period Prior Period Current Period Prior Period Current Period Prior Period Financial Assets where Fair Value Through Profit or Loss Beginning of the Period - - - - - - End of the Period - - - - - - Total Income/Loss - - 2 22 (75) (3) Transactions for Hedging Purposes Beginning of the Period - - - - - - End of the Period - - - - - - Total Income/Loss - - - - - - d. Information on key management compensation As of 31 December 2020, total benefits paid key management amounts to TL 5,951 (31 December 2019 - TL 5,553). e. Other As of 31 December 2020, the Bank has TL 916 (31 December 2019 - TL 80) of borrowers’ funds from its risk group and TL 1,004 placement to group banks (31 December 2019 - TL 794). As of 31 December 2020, the Bank has borrowings and money market transaction from its risk group amounting to TL 532 (31 December 2019 - TL 68,526). Additionally, TL 596,145 of the securities issued abroad were purchased by the Bank’s risk group (31 December 2019 - TL 430,655). As of December 31, 2020, the Bank’s other income from the risk group includes operating lease income amounting to TL 1,777 (31 December 2019 - TL 26). VIII. EXPLANATIONS AND NOTES RELATED TO THE DOMESTIC, FOREIGN, OFF-SHORE BRANCHES AND FOREIGN REPRESENTATIVES OF THE BANK None (31 December 2019 - None). Annual Report 2020 PASHA Bank Year-End Financial Report 219