MILLI_RE_ANNUAL REPORT 2022

As at reporting date; the interest rate profile of the Group’s interest earning financial assets and interest bearing financial liabilities are detailed as below: December 31, 2022 December 31, 2021 Financial assets Financial assets with fixed interest rates: 17.660.994.845 11.852.882.496 Cash at banks (Note 14) (*) 8.839.667.993 3.868.387.140 Available for sale financial assets – Private sector bonds (Note 11) 2.005.214.067 3.416.179.119 Available for sale financial assets – Government bonds (Note 11) 5.431.158.510 1.985.467.702 Cash deposited to insurance and reinsurance companies (Note 12) 1.005.162.022 631.657.233 F.V. held to maturity - government debt securities (Note 11) 379.792.253 329.943.241 Held for trading financial assets – other (Note 11) - 479.673.282 Held-to-maturity financial assets - private sector debt securities (Note 11) - 1.141.574.778 Financial assets with variable interest rate: 1.711.985.976 906.451.254 Available for sale financial assets – Private sector bonds (Note 11) 637.554.644 882.362.938 Available for sale financial assets – Government bonds (Note 11) 1.074.431.332 24.088.316 Financial liabilities: Financial liabilities with fixed interest rate: 99.915.061 389.506.210 Expense Accruals From Derivative Contracts (Note 20) 18.749.281 326.794.945 Payables from operating leases (Note 34) 81.165.780 62.711.265 (*) Demand deposits amounting to TL 316.724.311 are not included (December 31, 2021: TL 144.016.023). Fair value information The estimated fair values of financial instruments have been determined using available market information, and where it exists, appropriate valuation methodologies. The Group has classified its financial assets as held for trading or available for sale, As at the reporting date, available for sale financial assets and financial assets held for trading are measured at their fair values based on their quoted prices or fair value information obtained from brokers in the accompanying consolidated financial statements. Group management estimates that the fair value of other financial assets and liabilities are not materially different than their carrying values. 229 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 RISKS AND ASSESSMENT OF THE GOVERNING BODY UNCONSOLIDATED FINANCIAL STATEMENTS TOGETHER WITH INDEPENDENT AUDITORS’ REPORT THEREON CONSOLIDATED FINANCIAL STATEMENTS TOGETHER WITH INDEPENDENT AUDITORS’ REPORT THEREON FINANCIAL STATUS