MILLI RE 2023 ANNUAL REPORT

Anadolu Anonim Türk Sigorta Şirketi Undertaking insurance and reinsurance activities in non-life branches, Anadolu Sigorta was founded in 1925 at the initiative of Mustafa Kemal Atatürk, the founder of the Turkish Republic, and under the leadership of İşbank, Turkey’s first national bank. Pioneering its sector ever since its incorporation, Anadolu Sigorta is committed to offering only high-quality products and services and to ensuring their continuity with its experienced and expert teams, solid technological and financial infrastructure, continuous development and improvement understanding, and extensive network of expert agents. Anadolu Sigorta’s shares are quoted on Borsa İstanbul (BİST) Stars Market under the ticker symbol “ANSGR”. 35.69% of Anadolu Sigorta is publicly held, while 57.31% belongs to Millî Reasürans T.A.Ş. and 7% belongs to Trakya Yatırım Holding A.Ş. Headquartered in İstanbul, Anadolu Sigorta brings its products to its customers via regional offices in İstanbul (2), Ankara, Adana, Antalya, Bursa, Samsun, Trabzon, and İzmir, a sales office in Gaziantep, a branch in the Turkish Republic of Northern Cyprus, and 2,966 professional agencies as of year-end 2023. Anadolu Sigorta uses bank branches, mainly those of İşbank, within its bancassurance network as a fundamental distribution channel of its services. Besides all İşbank branches, TSKB, A&T Bank, Alternatifbank, Albaraka Türk Participation Bank and QNB Finansbank branches serve as Anadolu Sigorta agencies. In 2023, Anadolu Sigorta increased its total premium production by 86% year-on-year to TL 44.3 billion and controls a 10.30% share of the overall market among non-life companies. The highest premium generator for Anadolu Sigorta in 2023 has been the Land Vehicles branch with TL 11,764 million, followed in order by Fire and Natural Disasters with TL 9,173 million, Land Vehicles Liability with TL 8,832 million, and Health with TL 5,845 million. According to its unconsolidated financial statements, Anadolu Sigorta’s total assets reached TL 58.3 billion at the end of 2023, up by 90.01% year-on- year, while its shareholders’ equity reached TL 14.2 billion with an annual rise by 134.83%. Booking a net profit of TL 5,902.2 million in 2023 that went up by 520.92% as compared to the previous year, Anadolu Sigorta successfully achieved its sustainable profit target also in 2023. Information on Consolidated Subsidiaries 166 MİLLİ RE