#1PASHA Bank PASHA Bank Turkey Financial Institutions & Investor Relations Presentation 30 June 2021#2Content PASHA Bank Turkey 2 Strategy 9 Ratings 10 PASHA Holding (Subsidiaries) 11 PASHA Group Banks 12 Financial Institutions & Investor Relations 1#3PASHA Bank Turkey Financial Institutions & Investor Relations 2#4Shareholdership Structure Title/Name PASHA Bank OJSC # of Shares 254,795,211 Amount (000' TRY) Share (%) 254,795 50.96% PASHA Holding LLC 245,000,000 245,000 49.00% Other 204,879 Total 500,000,000 205 500,000 0.04% 100.00% Financial Institutions & Investor Relations PASHA BANK OJSC Arif PASHAYEV, 10% Mr. Mir Jamal PASHAYEV, 5.0% Ador LLC, 28.2% PASHA Holding LLC, 56.8% 3#5Milestones Bank was established as Yatırım Bank A.Ş. 2015 First Bond Issuance Ο Capital Increase from 255M TRY to 500M TRY as of May 2018 by PASHA Holding (becoming 49% direct shareholder) 2016 1987 80% share transfer to PASHA Bank Paid in capital reached to 255M TRY 2017 First Lease Certificate Issuance First ABS Intermediation Partcipation in Venture Capital Funds 00 2019 2018 2020 Name changed to PASHA Yatırım Bankası A.Ş. First Bond Issuance for Customer First Eurobond Issuance in Azerbaijan First M&A deal completed Moved to new Head Office First Eurobond Issuance in Azerbaijan in EUR Financial Institutions & Investor Relations 4#6TL Million اللما TL Million Main Financials Total Assets 19 897 1,350 1,726 2,618 2,179 2017 46 2018 83 2019 Operating Revenue 104 95 * 68 illi 2017 2018 2019 Financial Institutions & Investor Relations TL Million Credit (Cash&Leasing Receivables) 1,849 1,493 1,093 855 713 2020 2021 Q2 2017 2018 8 201 2019 2020 2021 Q2 O Total Equity 589 563 506 2020 2021 Q2 TL Million 261 蟹 532 IIII 2017 2018 2019 2020 2021 Q2 9 201#7BS - P&L Financials in '000 TRY 2016 2017 2018 2019 2020 2021-Q2 Cash & Cash Equivalents, Net 78,713 151,189 177,667 313,522 299,289 343,589 Cash Loans & Lease Receivables, Gross 403,870 713,048 Investment Property 855,234 218,333 Total Assets 510,357 896,845 1,349,565 145,599 1,725,503 1,093,049 1,492,935 1,848,811 144,862 144,390 2,179,409 2,617,808 Borrowings 245,099 404,116 460,390 666,655 803,224 1,051,314 Debt Securities Issued, Net 181,741 318,492 475,964 647,016 833,648 Total Equity 244,658 260,607 505,657 531,610 562,670 588,740 Gross Operating Revenue 36,525 45,650 82,512 103,550 94,619 68,253 Net Income/(Loss) 14,005 16,008 (3,563)* 25,691 31,376 26,019 (*): Includes TL 42,2 million Provision for Decrease in Value of Real Estate Financial Institutions & Investor Relations 6#8Breakdown of Portfolios Gross Loans by Sector Oilfield Services Financial Institution Industry 3% 8% Distribution & Supply Chain Services 2% Retail Industry 5% Shipping Industry 5% Construction Industry 6% Steel Industry 6% Trading Companies (Commodity and General Trading) 8% Finance Companies - Leasing 4% Financial Institutions & Investor Relations Homebuilding and Property Development 20% Finance Companies 12% Midstream Energy 15% Other 4% Equity 23% Banks 40% Funding Bonds/Bills/Sukuk 33% 17 11#9Ratios Main Ratios 2016 2017 2018 2019 2020 2021-Q2 Equity / Assets 48.0% 29.1% 37.5% 30.8% 25.8% 22.5% ROAE* 5.9% 6.3% 7.3% 9.5% 10.4% 13.9% ROAA* 3.4% 2.3% 2.6% 2.2% 1.8% 2.1% Cost / Income* 45.5% 48.2% 33% 29.4% 42.7% 38.3% CAR 53.9% 31.4% 37.9% 32.0% 26.3% 22.4% NPL 0% 0% 0.3% 3.2% 2.4% 2.5% Cash Loans (net) / Total Assets 79.1% 79.5% 62.3% 60.6% 66.6% 68.7% (*): Excluding investment property purchased in 2018. Financial Institutions & Investor Relations 8#10Facts & Strategy ■ 500 million TRY Paid-in Capital ■ Support of Shareholder FACTS ■ Investment / Non-deposit taking bank STRATEGY ■ Strong regional presence One of the highest Paid-in Capital among the Investment Banks. A well known brand in AZ & GE - Support of PH & PBA in Funding and Trade Finance ■ Sustainable Growth ■ Regional visibility in trade ■ Diversifying Funding ■ Expand Project Finance and Consultancy Activities ■ Continuing playing active role in Capital Markets -Becoming the first bank that comes to mind in Turkey- Azerbaijan-Georgia triangle -Increasing the size of Domestic & International Bonds/Bills/Sukuk issuances, Diversifying FI geographies for funding -Focus on Renewable Energy Projects -Increasing intermediation of bonds, bills, securitization issuances upon customer needs Financial Institutions & Investor Relations 9#11Ratings Financial Institutions & Investor Relations Credit Rating Fitch Ratings has upgraded our Bank's National Long Term Rating to A-(tur) from BBB+(tur) with a Stable outlook. on October 12, 2020. Corporate Governance Rating JCR Eurasia Rating, has assigned PASHA Bank Turkey an overall compliance score of (9.23) with CMB Corporate Governance. Governance Principles along with a (Stable) outlook on June 8, 2021. 10#12PASHA Holding (Subsidiaries) PASHA Bank PASHA Bank PASHA Bank C Kapital Bank O PASHA Insurance PASHA Life .Competo PASHA Capital PASHA Development Financial Institutions & Investor Relations PASHA Construction Absheron hotel group PASHA Investments PASHA Technology PASHA Travel 17 11#13PASHA Group Banks PASHA BANK AZERBAIJAN 2020 PASHA BANK GEORGIA 2020 KAPITAL BANK AZERBAIJAN 2020 In USD M n USD M n USD M Loans to Customers 1.232 Loans to Customers 103 Loans to Customers 1.280 Assets 3.243 Assets 144 Assets 3.075 Equity 318 Equity 25 Equity 373 P&L ROAE 50 P&L -6 P&L 178 %39 ROAE -21% ROAE 51% Financial Institutions & Investor Relations 12#14Disclaimer All kinds of tables, analyses, graphics, and other information and documents located in the presentation have been prepared only for information purposes by PASHA YATIRIM BANKASI A.Ş. without having received any benefits and their accuracy and content are not guaranteed. Therefore, it is recommended to verify the accuracy of information before using the information, opinions, analyses, and tables obtained from this presentation. PASHA YATIRIM BANKASI A.Ş. and the Bank's employees cannot be held responsible for any direct and / or indirect material and moral damages and costs to arise as well as the damages that third parties may suffer due to the transactions made on the basis of such tables, analyses, graphics, and other information. PASHA YATIRIM BANKASI A.Ş. cannot be held liable for the errors, material or moral damages that may arise from the information and visual material contained in the contents of the presentation. All copyrights on the information and materials, registered trademarks, patents, intellectual and other property rights contained in the contents of the presentation, apart from the material owned by third parties, are reserved by PASHA YATIRIM BANKASI A.Ş. Financial Institutions & Investor Relations Financial Institutions & Investor Relations Phone: +90 212 705 8900 Email: [email protected] Treasury Phone: +90 212 705 8900 Email: [email protected] SWIFT: PAHATRISXXX BLOOMBERG: YATT 13#15Thank You... PASHA Yatırım Bankası A.Ş. PASHA Plaza, Sultan Selim Mahallesi, Hümeyra Sokak, No:2/7 34415 Kağıthane, İstanbul +90 (212) 705 89 00 www.pashabank.com.tr Financial Institutions & Investor Relations 14