MILLI RE 2023 ANNUAL REPORT

Millî Reasürans Türk Anonim Şirketi (Currency: Turkish Lira (TL)) (Convenience Translation of Financial Statements and Related Disclosures and Footnotes Originally Issued in Turkish) The accompanying notes are an integral part of these consolidated financial statements. EQUITY V- Equity Note Audited Current Period December 31, 2023 Audited Prior Period December 31, 2022 A- Paid in Capital 660.000.000 660.000.000 1- (Nominal) Capital 2.13,15 660.000.000 660.000.000 2- Unpaid Capital (-) - - 3- Positive Inflation Adjustment on Capital - - 4- Negative Inflation Adjustment on Capital (-) - - 5- Unregistered Capital - - B- Capital Reserves 15 1.509.019.962 798.036.576 1- Equity Share Premiums - - 2- Cancellation Profits of Equity Shares - - 3- Profit on Sale to be Transferred to Capital 15 42.921.312 33.799.814 4- Translation Reserves 15 254.517.245 86.654.441 5- Other Capital Reserves 15 1.211.581.405 677.582.321 C- Profit Reserves 3.617.899.688 2.270.556.966 1- Legal Reserves 15 312.168.254 261.812.474 2- Statutory Reserves 15 183.984.605 122.747.456 3- Extraordinary Reserves 15 1.448.635.062 1.055.949.776 4- Special Funds (Reserves) 184.820.637 117.937.781 5- Revaluation of Financial Assets 11,15 1.576.301.376 775.959.402 6- Other Profit Reserves 15 (16.950.092) 7.210.231 7- Subsidiary Capital Correction 15 (71.060.154) (71.060.154) D- Previous Years’ Profits 608.973.389 362.755.684 1- Previous Years’ Profits 608.973.389 362.755.684 E- Previous Years’ Losses (-) - - 1- Previous Years’ Losses - - F- Net Profit of the Period 3.631.736.624 861.369.752 1- Net Profit of the Period 3.627.616.021 852.248.254 2- Net Loss of the Period (-) - - 3- Net Income not subject to distribution 15 4.120.603 9.121.498 G- Minority Shares 5.218.783.473 2.033.974.028 Total Shareholders’ Equity 15.246.413.136 6.986.693.006 Total Liabilities and Shareholders’ Equity 73.142.124.679 39.001.614.940 Consolidated Balance Sheet As of December 31, 2023 176 MİLLİ RE