MILLI RE 2023 ANNUAL REPORT

Ebru ÖZŞUCA Chairperson Ebru Özşuca graduated from the Economics Department of the Middle East Technical University, Faculty of Economics and Administrative Sciences. She holds a master’s degree in Economics from Middle East Technical University and in International Banking and Finance from the University of Southampton. She attended Advanced Management Program in Harvard Business School. Ebru Özşuca began her career at İşbank as an Assistant Specialist in the Treasury Department in 1993, she was promoted to Assistant Manager and Unit Manager of the same department. Between 2007 and 2011, she served as a Division Manager in the Corporate Banking Products Department. She was appointed as a Division Manager in Treasury Department at İşbank between 2011 and 2017. She is currently the Assistant General Manager at İşbank. Ebru Özşuca has been the Chairperson of the Board of Directors at Milli Re since 25 March 2019. Ersin Önder ÇİFTÇİOĞLU Vice Chairperson Ersin Önder Çiftçioğlu graduated from the Faculty of Social and Administrative Sciences, Department of English Linguistics at Hacettepe University. He began his career as an Officer at Yenişehir Branch in 1985 and worked as Assistant Section Head, Section Head, SubManager and Assistant Manager in the same branch. In 2007, he was appointed as Assistant Manager at the Başkent Corporate Branch and Regional Manager of the SME Loans Underwriting Division of the Adana Region in the same year. He subsequently served as Ankara Center I. Region Manager of the SME Loans Underwriting Division in 2008. He was appointed as the Ege Corporate Izmir Branch Manager in 2011 and Başkent Corporate Ankara Branch Manager in 2016. On 31 March 2017 and 31 March 2020, Ersin Önder Çiftçioğlu served as a member of the Board of Directors of İşbank. Functioned as the Chairperson of the Corporate Governance Committee, Ersin Önder Çiftçioğlu served as a member of Audit Committee, TRNC Internal Systems Committee, Sustainability Committee, Operational Risk Committee and Risk Committee as well. Ersin Önder Çiftçioğlu has been the Vice Chairperson of the Board of Directors at Milli Re since 31 March 2023. Prod. Dr. Ali Necip ORTAN Director Prof. Ali Necip Ortan graduated from the Faculty of Law at Ankara University and started to work as an assistant in the Department of Civil Law at the same faculty in 1973. Having completed his Doctorate in the department of Law at Ankara University, Prof. Dr. Ali Necip Ortan received the titles of Associate Professor and Professor at Dokuz Eylül University, the Faculty of Law. Between 1973 and 2022, he served as a faculty member, dean of law faculties, founding dean and board member at a number of different universities in Türkiye and abroad. He has written many national and international academic works and published various books and articles in the field of Commercial Law and Law of Obligations. Having worked as Assistant Legal Counsellor in I. Region at İşbank between 1999 and 2002, Prof. Ali Necip Ortan then served as Legal Counsellor at the General Directorate and as a Member of the Board of Directors at İşbank GmbH in Federal Germany. Between 2010 and 2012, he served as the Chief Legal Counsellor of İşbank and worked as the Legal Counsellor of Pfizer Limited for three years. Prof. Dr. Ali Necip Ortan has been a member of the Board of Directors at Milli Re since 28 March 2023. Serdar GENÇER Director Serdar Gençer is a graduate of the Faculty of Industrial Engineering at the Middle East Technical University. He holds a master’s degree in Finance at the University of Nottingham in the UK. Serdar Gençer began his career at İşbank as an Assistant Inspector at the Board of Inspectors in 1990, and served in various managerial positions, including Assistant General Manager between 2008 and 2013. During this period, he has been board member in Millî Reasürans T.A.Ş., Anadolu Hayat Emeklilik A.Ş., İşbank GmbH and Chairman in İş Girişim Sermayesi Yatırım Ortaklığı A.Ş. He has joined the Şişecam Group in 2013 as Sustainability Coordinator, and continued as Corporate Development & Sustainability Officer and Chairman of the Board of Directors at Şişecam Enerji A.Ş. He served as General Manager’s consultant in 2018 and retired in the beginning of 2019. Serdar Gençer has been a member of the Board of Directors at Milli Re since 25 March 2019. GENERAL INFORMATION FINANCIAL RIGHTS PROVIDEDTOTHE MEMBERS OF THE GOVERNING BODY AND SENIOR EXECUTIVES ACTIVITIES AND MAJOR DEVELOPMENTS RELATED TO ACTIVITIES RESEARCH & DEVELOPMENT ACTIVITIES FINANCIAL STATUS FINANCIAL INFORMATION 17 2023 Annual Report RISKS AND ASSESSMENT OF THE GOVERNING BODY