MILLI_RE_ANNUAL REPORT 2022

As of and for the year ended December 31, 2022 and 2021, details of discount and provision expenses are as follows: December 31, 2022 December 31, 2021 Provision expense for doubtful receivables (Note 4.2) (206.697.406) (126.709.931) Provision for pension fund deficits (Note 23) (132.268.671) (33.437.457) Provision expense for employee termination benefits (Note 23) (10.939.144) (7.004.574) Provision expenses for unused vacation (Note 23) (6.370.538) (1.535.318) Terminated provision income/(expense) 972.046 443.108 Other provision expenses (Note 4.2) (1.086.679) 112.588 Provision expenses (356.390.392) (168.131.584) December 31, 2022 December 31, 2020 Rediscount income/(expense) from main operations receivables 83.611.246 50.920.765 Rediscount income/(expense) from main operations payables (157.046.167) (66.475.422) Total of rediscounts (73.434.921) (15.554.657) 31 December 2022 31 2021 Independent audit fee for the reporting period (*) 2.209.378 881.235 Fees for tax advisory services 311.831 160.490 Fee for other assurance services - - Fee for services other than independent audit - - Total 2.521.209 1.041.725 (*) As of 31 December 2022, the independent audit fee received from Güney Independent Auditing and SMMM A.Ş is 968.038 TL, and the audit fee received from other independent audit companies is 1.241.340 TL (31 December 2021: Güney Independent Auditing and SMMM A. The independent audit fee is 389.636 TL, and the audit fee received from other independent audit companies is 491.599 TL.) 268 MİLLİ RE 2022 ANNUAL REPORT Notes to the Consolidated 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 GENERAL INFORMATION FINANCIAL RIGHTS PROVIDED TO THE MEMBERS OF THE GOVERNING BODY AND SENIOR EXECUTIVES RESEARCH & DEVELOPMENT ACTIVITIES ACTIVITIES AND MAJOR DEVELOPMENTS RELATED TO ACTIVITIES