MILLI RE 2020 ANNUAL REPORT

Activities and Major Developments Related to Activities General Information Financial Rights Provided to the Members of the Governing Body and Senior Executives Research & Development Activities Milli Re Annual Report 2020 20 Board of Directors Ertuğrul SENEM Director Ertuğrul Senem graduated from the Faculty of Political Sciences, Department of International Relations at Ankara University. He began his career at İşbank as an Assistant Inspector on the Board of Inspectors in 1990. He became an Assistant Manager in Deposits and Banking Services Department in 1999, Financial Management Department in 2001, and Strategy and Corporate Performance Management Department in 2003, where he was appointed as a Unit Manager in 2004. In 2006, Ertuğrul Senem worked as a Unit Manager in the Change Management Division which led the Customer Centric Transformation Program (MOD). He was appointed as the Branch Manager of Rıhtım‑Kadıköy Branch in İstanbul in 2008. He became the Head of Enterprise Architecture in 2011 and Head of Corporate Compliance in 2017. Ertuğrul Senem, who holds Financial Analyst title, currently functions as the Information Security Coordinator at İşbank, and has been a member of the Board of Directors at Milli Re since 16 November 2020. Kemal Emre SAYAR Director Kemal Emre Sayar is a graduate of the Faculty of Industrial Engineering at the Middle East Technical University. He holds a master’s degree in Information Technologies in Management from Sabancı University and in Economics and Finance from Boğaziçi University. Kemal Emre Sayar began his career in 1999 as an Assistant Inspector on the Board of Inspectors at İşbank and held managerial positions in various units of the Bank. He is currently the Subsidiaries Department Unit Manager at İşbank and a member of the Board of Directors of various group companies as well. Kemal Emre Sayar has been a member of the Board of Directors at Milli Re since 30 November 2015. Fikret Utku ÖZDEMİR Director and General Manager Fikret Utku Özdemir holds an Associate Degree in Nuclear Engineering from Hacettepe University and graduated with a bachelor’s degree in Management from the Faculty of Economics and Administrative Sciences at Middle East Technical University. He holds a master’s degree from EDHEC Business School (France). He joined İşbank as a member of the Board of Inspectors in 1996 and served in a number of the Bank’s departments and positions. Appointed as a member of the Board of Directors and General Manager on 27 August 2019, Fikret Utku Özdemir is also a Vice Chairman of the Board of Directors of Anadolu Anonim Türk Sigorta Şirketi and a member of the Non-life Management Committee of the Insurance Association of Turkey.