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) 46 Subsequent events Subsequent events are disclosed in note 1.10 - subsequent events . 47 Other Items and amounts classified under the “other” account in financial statements either exceeding 20% of the total amount of the group to which they relate or 5% of the total assets in the balance sheet They are presented in the related notes above. Payables to employees and receivables from employees presented under accounts, “other receivables” and “other short or long term payables”, and which have balance more than 1% of the total assets None. Subrogation recorded in “Off-Balance Sheet Accounts” None. Real rights on immovable and their values None. Explanatory note for the amounts and nature of previous years’ income and losses None. Details of rediscount and provision expenses are as follows: Provision expenses December 31, 2023 December 31, 2022 Provision for pension fund deficits (104.015.824) (132.268.671) Provision expenses for doubtful receivables (*) (74.994.760) (15.221.603) Provision for employee termination benefits (Note 23) 18.371.516 (2.476.451) Other provision 6.954.540 (471.823) Total of provisions (153.684.528) (150.438.548) (*) The provision for doubtful receivables related to valuation of foreign currency denominated receivables from main operations. Rediscount Expenses December 31, 2023 December 31, 2022 Rediscount income/(expense) from reinsurance receivables (2.682.549) 79.665 Rediscount income/(expense) from reinsurance payables (43.308.097) (9.599.934) Total of rediscounts (45.990.646) (9.520.269) December 31, 2023 December 31, 2022 Independent audit fee for the reporting period (*) 5.577.526 1.785.115 Fees for tax advisory services 529.839 311.811 Fee for other assurance services - - Fees for services other than independent audit - - Total 6.107.365 2.096.926 (*) As of 31 December 2023, the independent audit fee received from Güney Independent Auditing and SMMM A.Ş is 2.609.690 TL, and the audit fee received from other independent audit companies is 2.967.836 TL (31 December 2022: Güney Independent Auditing and SMMM A. The independent audit fee is 543.775 TL, and the audit fee received from other independent audit companies is 1.241.340 TL.) 163 2023 Annual Report GENERAL INFORMATION FINANCIAL RIGHTS PROVIDEDTOTHE MEMBERS OF THE GOVERNING BODY AND SENIOR EXECUTIVES RISKS AND ASSESSMENT OF THE GOVERNING BODY ACTIVITIES AND MAJOR DEVELOPMENTS RELATED TO ACTIVITIES RESEARCH & DEVELOPMENT ACTIVITIES FINANCIAL STATUS FINANCIAL INFORMATION