PASHA_BANK_ANNUAL REPORT 2022

General Information Agenda of the Annual General Assembly Meeting 2 The Values That Will Carry PASHA Bank to the Future 6 Vision - Mission 7 Financial Highlights 8 2022 Headlines 10 PASHA Bank’s Historical Development and Milestones 14 Changes in Articles of Association, Share Capital, Shareholding and Organization Structure of PASHA Bank 18 About the PASHA Group 19 Overview of 2022 and Expectations for 2023 22 Chairman’s Message 26 Message from the CEO 30 PASHA Bank’s 2022 Operations 34 Information on Management and Corporate Governance Principles Board of Directors 46 Senior Management 49 Directors 50 Information on Managers of Departments within the Scope of Internal Systems and Independent Auditor 52 Working Principles of Board Committees 53 Information on the Activities of the Board of Directors and the Committees 54 Summary of the Board of Directors’ Annual Report Submitted to the General Assembly 63 Human Resources Practices 64 Profit Distribution Policy 68 Information on Support Service Providers 68 Transactions Made with the Bank’s Risk Group 69 Information on Significant Developments Related with the Bank’s Operations and Legal Disclosures 70 Measures Intended to Prevent Conflicts of Interest 72 Statement of Compliance with Corporate Governance Principles 73 Corporate Governance Compliance Report and Information Form 75 Statement of Independence 96 Corporate Governance Compliance Report Responsibility Statement 99 PASHA Yatırım Bankası A.Ş. 2022 Annual Report Responsibility Statement 100 Independent Auditor’s Report on The Annual Report of the Board of Directors 101 Financial Information and Risk Management Review Assessments of the Audit Committee on the Activities of Internal Systems 103 Assessments on the Financial Condition, Profitability, Debt Servicing Capability and Realization of the Defined Strategic Objectives 107 Risk Management Policies 108 Information on Ratings Assigned by Rating Agencies 109 Five‑Year Summary of Unconsolidated Financial Highlights 109 Publicly Announced Unconsolidated Financial Statements Together with Audit Report at 31 December 2022 110 Contact Information Contents