MILLI_RE_ANNUAL REPORT 2022

As of 2019, work on the automation of the business processes of the Head Office and Singapore Branch was initiated and the relevant project continued in 2022. In addition to improvements in operational processes, activities were carried out to transfer the business processes of internal systems to the application. On the other hand, in order to ensure the efficiency of our Company’s reinsurance business processes, a detailed analysis of the business processes and due diligence according to the best practices was carried out in 2022 and preliminary preparations for the restructuring of reinsurance processes were completed. The consolidation of data from the systems related to reinsurance activities on the data warehouse and visualization on the business intelligence application were completed. In 2022, our Company switched to the hybrid working format and largely adopted the remote working format. A safe and comfortable working environment are provided to employees in accordance with the processes by offering the hardware and security applications required for remote working to cover all company employees. Launched in 2021, efforts to achieve higher efficiency by automating our Company’s operations with Artificial Intelligence - RPA (Robotic Process Automation) continued regularly. Operational activities and regular reports of different business units were automated with RPA. RPA activities whose areas of use are expanding will continue in 2023. Research & Development Activities EFFORTS TO ACHIEVE HIGHER EFFICIENCY THROUGH AUTOMATION WITH ARTIFICIAL INTELLIGENCE-RPA (ROBOTIC PROCESS AUTOMATION) CONTINUED ON A REGULAR BASIS. ARTIFICIAL INTELLIGENCE FINANCIAL STATUS 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 35 MİLLİ RE 2022 ANNUAL REPORT