MILLI_RE_ANNUAL REPORT 2022

Insurance risk concentrations The Group’s gross and net insurance risk concentrations (after reinsurance) in terms of insurance branches are summarized as below: Branches December 31, 2022 Gross total claims liability (*) Reinsurance share of total claims liability Net total claims liability Land Vehicles Liabitily 3.214.330.811 (773.608.134) 2.440.722.677 Land Vehicles 2.702.128.641 (8.919.935) 2.693.208.706 Fire and Natural Disasters 2.422.448.062 (466.494.732) 1.955.953.330 General Losses 1.267.585.922 (137.543.106) 1.130.042.816 General Liability 301.976.687 (41.140.213) 260.836.474 Sea Vehicles 404.890.346 (151.278.808) 253.611.538 Accident 51.376.294 (3.368.089) 48.008.205 Marine 207.331.318 (48.719.219) 158.612.099 Life 9.673.464 (381.331) 9.292.133 Air Vehicles 20.555.052 (657.487) 19.897.565 Health 1.580.855.752 (76.842.298) 1.504.013.454 Breach of trust 2.299.483 1.674.977 3.974.460 Air Vehicles Liability 2.239.725 (462.556) 1.777.169 Legal Protection 338.512 - 338.512 Sea Vehicles Liability 290 - 290 Financial Losses 146.960.145 (79.329.497) 67.630.648 Credit 3.641.463 (664.030) 2.977.433 Total 12.338.631.967 (1.787.734.458) 10.550.897.509 Branche s December 31, 2021 Gross total claims liability (*) Reinsurance share of total claims liability Net total claims liability Land Vehicles 1.318.818.317 (4.582.733) 1.314.235.584 Land Vehicles Liabitily 1.680.196.544 (411.160.437) 1.269.036.107 Fire and Natural Disasters 1.221.426.828 (193.200.666) 1.028.226.162 Health 906.344.373 (45.284.704) 861.059.669 General Losses 776.261.208 (64.852.537) 711.408.671 General Liability 179.024.789 (19.579.288) 159.445.501 Sea Vehicles 179.076.835 (55.126.088) 123.950.747 Marine 110.895.792 (30.824.421) 80.071.371 Financial Losses 129.052.017 (50.649.961) 78.402.056 Accident 40.324.538 (2.827.260) 37.497.278 Air Vehicles 17.114.776 (5.000.394) 12.114.382 Life 11.946.157 (1.830.418) 10.115.739 Credit 5.140.078 (877.077) 4.263.001 Breach of trust 2.848.855 (263.754) 2.585.101 Air Vehicles Liability 410.248 (118.482) 291.766 Legal Protection 181.420 - 181.420 Sea Vehicles Liability 75 - 75 Total 6.579.062.850 (886.178.220) 5.692.884.630 (*) Total claims liability includes outstanding claims reserve (paid). 222 MİLLİ RE 2022 ANNUAL REPORT Notes to the Consolidated Financial Statements As of December 31, 2022 Millî Reasürans Türk Anonim Şirketi (Currency: Turkish Lira (TL)) Convenience Translation of Financial Statements and Related Disclosures and Footnotes Originally Issued in Turkish, See Note 2.1.1 GENERAL INFORMATION FINANCIAL RIGHTS PROVIDED TO THE MEMBERS OF THE GOVERNING BODY AND SENIOR EXECUTIVES RESEARCH & DEVELOPMENT ACTIVITIES ACTIVITIES AND MAJOR DEVELOPMENTS RELATED TO ACTIVITIES

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