MILLI RE 2023 ANNUAL REPORT

Notes to the Unconsolidated Financial Statements As of December 31, 2023 Millî Reasürans Türk Anonim Şirketi (Currency: Turkish Lira (TL)) (Convenience Translation of Financial Statements and Related Disclosures and Footnotes Originally Issued in Turkish) As of December 31, 2023, 2022 the details of the Company’s held for trading assets are as follows. December 31, 2023 Nominal value Cost Fair value Net book value Investment funds TL 193.284.946 285.486.151 285.486.151 Investment funds YP - - - Share - - - Derivatives (Currency protected deposits) 297.437.000 325.739.000 325.739.000 Total 490.721.946 611.225.151 611.225.151 December 31, 2022 Nominal value Cost Fair value Net book value Investment funds TL 636.096.263 767.919.622 767.919.622 Investment funds YP 63.032.262 114.654.293 114.654.293 Share 18.119.492 20.728.000 20.728.000 Derivatives (Currency protected deposits) 94.383.307 96.430.000 96.430.000 Total 811.631.324 999.731.915 999.731.915 Debt instruments presented above are traded in the capital markets. As of December 31, 2023, equity shares classified as available for sale financial assets with a carrying amount of TL 91.492 are not publicly traded (December 31, 2022: TL 91.492). There is no debt security issued during the period or issued before and paid during the period by the Company. Value increases in financial assets including equity shares classified as available for sale financial assets and subsidiaries for the last 3 years (including tax effects): Year Change in value increase Total increase in value 2023 800.341.979 1.576.301.378 2022 747.941.217 775.959.399 2021 (256.054.379) 28.018.182 Details of the financial assets issued by related parties of the Company’s are as follows: December 31, 2023 Nominal value Cost Fair value Net book value Available for sale financial assets - Equity shares 61.871.244 424.203.903 424.203.903 Available for sale financial assets - Investment funds 35.992.237 69.860.541 69.860.541 Financial Assets Held For Trading - Investment funds 193.284.946 285.486.151 285.486.151 Financial Assets Held for Trading - Currency Protected Deposits 297.437.000 325.739.000 325.739.000 Available for sale financial assets - Private sector bonds 80.000.000 80.000.000 80.000.000 80.000.000 Available for sale financial assets - Private sector bonds FC 7.000.000 41.143.317 209.485.175 209.485.175 Total 709.728.744 1.394.774.770 1.394.774.770 142 MİLLİ RE