MILLI RE 2020 ANNUAL REPORT

Millî Reasürans Türk Anonim Şirketi (Currency: Turkish Lira (TL)) NOTES TO THE UNCONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2020 (Convenience Translation of Financial Statements and Related Disclosures and Footnotes Originally Issued in Turkish, See Note 2.1.1) No guarantees have been taken against receivables from related parties. There are no doubtful receivables and payables from shareholders, subsidiaries and joint ventures. No guarantees, commitments, guarantee letters, advances and endorsements given in favour of shareholders, associates and subsidiaries. The transactions with related parties are as follows: December 31, 2020 December 31, 2019 Anadolu Sigorta 187.883.281 166.823.936 Türkiye Sigorta A.Ş (Güneş Sigorta A.Ş) 137.358.307 - Halk Sigorta A.Ş.(Türkiye Sigorta A.Ş) 87.838.414 - Ziraat Sigorta A.Ş.(Türkiye Sigorta A.Ş) 26.019.942 24.283.392 Halk Hayat ve Emek.(Türkiye Hayat Emeklilik A.Ş) 23.941.512 - Groupama Sigorta A.Ş. 22.097.082 18.950.974 Türkiye Hayat ve Emeklilik A.Ş (Vakıf Hayat ve Emeklilik A.Ş) 5.211.904 - Anadolu Hayat Emeklilik A.Ş. 2.593.824 1.886.239 Axa Sigorta A.Ş. 1.152.343 1.493.921 Hdi Sigorta A.Ş. 1.038.334 631.473 Ziraat Hayat ve Emeklilik(Türkiye Hayat Emeklilik A.Ş) 365.790 444.848 Allianz Sigorta A.Ş. 330.895 (5.197) Ergo Sigorta A.Ş. (Hdi Sigorta A.Ş.) 86.340 122.159 Liberty Sigorta A.Ş.(Hdi Sigorta A.Ş.) 41.418 7.768 Güven Sigorta T.A.Ş. 9 - Premiums received 495.959.395 214.639.513 Hdi Sigorta A.Ş. (26) 40 Güven Sigorta T.A.Ş. (51) 189 Liberty Sigorta A.Ş.(Hdi Sigorta A.Ş.) (53) 165 Halk Sigorta A.Ş.(Türkiye Sigorta A.Ş) (58) - Türkiye Sigorta A.Ş (Güneş Sigorta A.Ş) (59) - Ergo Sigorta A.Ş. (Hdi Sigorta A.Ş.) (132) 426 Axa Sigorta A.Ş. (181) 582 Groupama Sigorta A.Ş. (221) 760 Anadolu Sigorta (448) 1.469 Premiums ceded (1.229) 3.631 Anadolu Sigorta 2.845 (137) Groupama Sigorta A.Ş. 1.480 (67) Axa Sigorta A.Ş. 889 (91) Ergo Sigorta A.Ş. (Hdi Sigorta A.Ş.) 727 (55) Türkiye Sigorta A.Ş (Güneş Sigorta A.Ş) 684 - Güven Sigorta T.A.Ş. 319 (24) Halk Sigorta A.Ş.(Türkiye Sigorta A.Ş) 290 - Liberty Sigorta A.Ş.(Hdi Sigorta A.Ş.) 172 (38) Hdi Sigorta A.Ş. 135 (12) Commissions received 7.541 (424) Financial Status 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 Milli Re Annual Report 2020 157