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 unconsolidated financial statements. ASSETS I- Current Assets Note Audited Current Period December 31, 2023 Audited Prior Period December 31, 2022 A- Cash and Cash Equivalents 4.2,14 1.825.305.969 1.690.343.554 1- Cash 4.2,14 - 42.425 2- Cheques Received - - 3- Banks 4.2,14 1.825.305.969 1.690.301.129 4- Cheques Given and Payment Orders (-) - - 5- Receivables From Credit Cards with Bank Guarantee Due Less Than Three Months - - 6- Other Cash and Cash Equivalents - - B- Financial Assets and Investments with Risks on Policy Holders 11 4.449.936.934 3.813.962.169 1- Financial Assets Available for Sale 11 3.838.711.783 2.821.184.794 2- Financial Assets Held to Maturity - - 3- Financial Assets Held for Trading 11 611.225.151 999.731.915 4- Loans - - 5- Provision for Loans (-) - - 6- Investments with Risks on Policy Holders - - 7- Equity Shares - - 8- Impairment in Value of Financial Assets (-) 11 - (6.954.540) C- Receivables From Main Operations 4.2,12 3.692.318.505 811.580.762 1- Receivables From Insurance Operations - - 2- Provision for Receivables From Insurance Operations (-) - - 3- Receivables From Reinsurance Operations 4.2,12 3.237.541.002 504.391.933 4- Provision for Receivables From Reinsurance Operations (-) - - 5- Cash Deposited For Insurance & Reinsurance Companies 4.2,12 454.777.503 307.188.829 6- Loans to Policyholders - - 7- Provision for Loans to Policyholders (-) - - 8- Receivables from Pension Operation - - 9- Doubtful Receivables From Main Operations - - 10- Provisions for Doubtful Receivables From Main Operations (-) - - D- Due from Related Parties 12 24.306.074 - 1- Due from Shareholders - - 2- Due from Affiliates - - 3- Due from Subsidiaries 12 24.306.074 - 4- Due from Joint Ventures - - 5- Due from Personnel - - 6- Due from Other Related Parties - - 7- Rediscount on Receivables Due from Related Parties (-) - - 8- Doubtful Receivables Due from Related Parties - - 9- Provisions for Doubtful Receivables Due from Related Parties (-) - - E- Other Receivables 4.2,12 12.705.272 12.828.915 1- Leasing Receivables - - 2- Unearned Leasing Interest Income (-) - - 3- Deposits and Guarantees Given 4.2,12 10.519.746 11.762.043 4- Other Receivables 4.2,12 2.185.526 1.066.872 5- Discount on Other Receivables (-) - - 6- Other Doubtful Receivables 4.2,12 705.142 705.142 7- Provisions for Other Doubtful Receivables (-) 4.2,12 (705.142) (705.142) F- Prepaid Expenses and Income Accruals 1.284.632.255 619.990.838 1- Deferred Commission Expenses 17 1.151.447.899 540.362.676 2- Accrued Interest and Rent Income - - 3- Income Accruals 4.2 64.668.644 43.874.686 4- Other Prepaid Expenses 4.2 68.515.712 35.753.476 G- Other Current Assets 14.796.619 23.843.169 1- Inventories 118.768 166.642 2- Prepaid Taxes and Funds 12, 19 9.170.386 13.673.790 3- Deferred Tax Assets - - 4- Job Advances 4.2,12 47.448 5.207.469 5- Advances Given to Personnel - - 6- Stock Count Differences - - 7- Other Current Assets 12 5.460.017 4.795.268 8- Provision for Other Current Assets (-) - - I- Total Current Assets 11.304.001.628 6.972.549.407 Unconsolidated Balance Sheet As of December 31, 2023 94 MİLLİ RE