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) 46 Subsequent events Subsequent events are disclosed in note 1.10 - Subsequent events . 47 Other Items and amounts classified under the “other” account in financial statements either exceeding 20% of the total amount of the group to which they relate or 5% of the total assets in the balance sheet They are presented in the related notes above. Payables to employees and receivables from employees presented under accounts, “other receivables” and “other short or long term payables”, and which have balance more than 1% of the total assets None. Subrogation recorded in “Off-Balance Sheet Accounts None. Real rights on immovable and their values None. Explanatory note for the amounts and nature of previous years’ income and losses None. Information about the other technical expenses in the income statement The amounting to TL 823.140.641 (31 December 2022: TL 486.688.818) which is the part of other technical expenses in the income statement of amounting to TL 201.598.844 (31 December 2022: TL 226.713.763) is the assistance services, postponement of these amounts and their technical expenses. As of and for the year ended December 31, 2023 and 2022, details of discount and provision expenses are as follows: December 31, 2023 December 31, 2022 Provision expense for doubtful receivables (Note 4.2) (361.024.583) (206.697.406) Provision for pension fund deficits (Note 23) (104.015.824) (132.268.671) Provision expense for employee termination benefits (Note 23) 30.687.577 (10.939.144) Provision expenses for unused vacation (Note 23) (10.307.744) (6.370.538) Terminated provision income/(expense) 2.722.230 972.046 Other provision expenses (Note 4.2) 5.711.628 (1.086.679) Provision expenses (436.226.716) (356.390.392) December 31, 2023 December 31, 2022 Rediscount income/(expense) from main operations receivables 482.081.678 83.611.246 Rediscount income/(expense) from main operations payables (582.238.282) (157.046.167) Total of rediscounts (100.156.604) (73.434.921) 31 December 2023 December 31, 2022 Independent audit fee for the reporting period 9.192.116 2.209.378 Fees for tax advisory services 529.839 311.831 Fee for other assurance services - - Fee for services other than independent audit - - Total 9.721.955 2.521.209 251 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