MILLI_RE_ANNUAL REPORT 2022

December 31, 2021 Level 1 Level 2 Level 3 Total Financial assets: Available for sale financial assets (Note 11) (*) 6.785.851.089 143.627.229 - 6.929.478.318 Financial assets held for trading (Note 9) 828.950.976 99.127.990 - 928.078.966 Financial assets to be held to maturity (Note 11) 1.471.518.019 1.471.518.019 Associates - 395.748.095 - 395.748.095 Subsidiaries - 3.992.980 - 3.992.980 Total financial assets 9.086.320.084 642.496.294 9.728.816.378 Tangible assets: Investment properties (Note 6) - 635.476.000 - 635.476.000 Owner occupied properties (Note 6) - 256.634.240 - 256.634.240 Total tangible assets - 892.110.240 - 892.110.240 Total 9.086.320.084 1.534.606.534 10.620.926.618 (*) As of December 31, 2022, securities that are not publicly traded amounting to TL 771.254 (December 31, 2021: TL 992.072) have been measured at cost. Equity share price risk Equity share price risk is defined as the risk of decreasing the market price of equity shares as a result of a decline in index. The effect on Group income as a result of 10% change in the fair value of equity instruments held as held for trading financial assets (traded at İstanbul Stock Exchange) due to a reasonably possible change in equity indices, with all other variables held constant, is as follows (excluding tax effect): December 31, 2022 December 31, 2021 Profit or loss Equity (*) Profit or loss Equity (*) Financial assets held for trading (57.073.168) (57.073.168) (5.534.272) (5.534.272) Available for sale financial assets - (94.290.124) - (43.683.779) Total, net (57.073.168) (151.363.292) (5.534.272) (49.218.051) (*) Equity impact includes impact of change of conjectural interest rates on income statement. 231 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