o, Paul, As discussed with both of you, we have a call on Turkey at 10.30am — I will send a separate dial-in invite. See attached for analysis from Kazim who is the equity analyst for the names in the spreadsheet. I am also sending another email behind this one with more analysis so please take a look

tivities under various asset quality and growth assumptions. We stress test CoR, earnings, ROE, capital ratios of six banks we cover. Best regards Kazim This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communicati