MILLI RE 2023 ANNUAL REPORT

Notes to the Consolidated 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) Details of the financial assets issued by related parties of the Group are as follows: December 31, 2023 Nominal value Cost Fair value Book value Available for sale financial assets - Private sector bonds 90.000.000 90.000.000 90.242.835 90.242.835 Available for sale financial assets - Investment funds - 35.992.237 69.860.541 69.860.541 Available for sale financial assets - Equity shares - 61.871.244 424.203.903 424.203.903 Financial assets held for trading - Investment funds 4.188.446.661 5.769.697.432 7.025.670.535 7.025.670.535 Available for sale financial assets - Private sector bonds -FC 7.000.000 41.143.317 209.485.175 209.485.175 Available for sale financial assets - Currency protected deposits 1.036.419.755 1.149.892.248 1.149.892.248 Total 7.035.123.985 8.969.355.237 8.969.355.237 December 31, 2022 Nominal value Cost Fair value Book value Available for sale financial assets - Private sector bonds 80.000.000 80.000.000 82.731.200 82.731.200 Available for sale financial assets - Investment funds - 52.537.380 63.257.425 63.257.425 Available for sale financial assets - Equity shares - 61.871.244 289.699.205 289.699.205 Financial assets held for trading - Investment funds - 875.513.385 1.439.452.850 1.439.452.850 Available for sale financial assets - Private sector bonds -FC 9.000.000 79.414.848 169.147.066 169.147.066 Held to maturity financial assets - Bonds - - - - Available for sale financial assets - Currency protected deposits 483.953.926 510.352.060 510.352.060 Total 1.633.290.783 2.554.639.806 2.554.639.806 12 Loans and receivables December 31, 2023 December 31, 2022 Receivables from main operations (Note 4.2) 18.668.821.131 7.643.848.201 Prepaid taxes and funds (Note 19), (Note 4.2) 9.246.952 13.673.790 Income accruals ( Note 4.2) 108.303.904 56.748.581 Other receivables (Note 4.2) 111.381.114 52.573.777 Other current assets (Note 4.2) 110.117.653 35.618.394 Total 19.007.870.754 7.802.462.743 Short-term receivables 18.611.609.063 7.590.225.087 Medium and long-term receivables 396.261.691 212.237.656 Total 19.007.870.754 7.802.462.743 229 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