MILLI_RE_ANNUAL REPORT 2022

As of December 31, 2022, 2021 the details of the Company’s held for trading assets are as follows. December 31, 2022 Nominal value Cost Fair value Net book value Investment funds TL 636.096.263 767.919.622 767.919.622 Investment funds YP 63.032.262 114.654.293 114.654.293 Share 18.119.492 20.728.000 20.728.000 Derivatives (Currency protected deposits) 94.383.307 96.430.000 96.430.000 Total 811.631.324 999.731.915 999.731.915 December 31, 2021 Nominal value Cost Fair value Net book value Investment funds TL 125.071.511 159.626.370 159.626.370 Investment funds YP 63.032.262 84.376.756 84.376.756 Total 188.103.773 244.003.126 244.003.126 Debt instruments presented above are traded in the capital markets. As of December 31, 2022, equity shares classified as available for sale financial assets with a carrying amount of TL 91.492 are not publicly traded (December 31, 2021: TL 91.492). There is no debt security issued during the period or issued before and paid during the period by the Company. Value increases in financial assets including equity shares classified as available for sale financial assets and subsidiaries for the last 3 years (including tax effects): Year Change in value increase Total increase in value 2022 747.941.217 775.959.399 2021 (256.054.379) 28.018.182 2020 184.597.765 284.072.561 Details of the financial assets issued by related parties of the Company’s are as follows: December 31, 2022 Nominal value Cost Fair value Net book value Available for sale financial assets – Equity shares 61.871.244 289.699.205 289.699.205 Available for sale financial assets – Investment funds 52.537.380 63.257.425 63.257.425 Financial Assets Held For Trading - Investment funds 393.777.415 455.512.732 455.512.732 Financial Assets Held for Trading - Currency Protected Deposits 94.383.307 96.430.000 96.430.000 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 – Private sector bonds FC 9.000.000 79.414.848 169.147.066 169.147.066 Total 761.984.194 1.156.777.628 1.156.777.628 151 MİLLİ RE 2022 ANNUAL REPORT Notes to the Unconsolidated Financial Statements As of December 31, 2022 Millî Reasürans Türk Anonim Şirketi (Currency: Turkish Lira (TL)) Convenience Translation of Financial Statements and Related Disclosures and Footnotes Originally Issued in Turkish, See Note 2.1.1 RISKS AND ASSESSMENT OF THE GOVERNING BODY UNCONSOLIDATED FINANCIAL STATEMENTS TOGETHER WITH INDEPENDENT AUDITORS’ REPORT THEREON CONSOLIDATED FINANCIAL STATEMENTS TOGETHER WITH INDEPENDENT AUDITORS’ REPORT THEREON FINANCIAL STATUS