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) December 31, 2020 December 31, 2019 Anadolu Sigorta 1.884.177 380.909 Groupama Sigorta A.Ş. 1.637.379 43.842 Türkiye Sigorta A.Ş (Güneş Sigorta A.Ş) 1.065.031 - Axa Sigorta A.Ş. 474.276 41.981 Ziraat Sigorta A.Ş.(Türkiye Sigorta A.Ş) 305.939 113.157 Halk Sigorta A.Ş.(Türkiye Sigorta A.Ş) 234.255 - Hdi Sigorta A.Ş. 231.437 19.160 Güven Sigorta T.A.Ş. 40.214 1.405 Liberty Sigorta A.Ş.(Hdi Sigorta A.Ş.) 39.013 2.535 Ergo Sigorta A.Ş. (Hdi Sigorta A.Ş.) 20.114 5.384 Allianz Sigorta A.Ş. 20.090 122.530 İstanbul Umum A.Ş. 12.520 1.200 Anadolu Hayat Emeklilik A.Ş. 6.893 3.612 Ziraat Hayat ve Emeklilik(Türkiye Hayat Emeklilik A.Ş) - 2.049 Other income 5.971.338 737.764 Axa Sigorta A.Ş. 931.864 132.217 Ergo Sigorta A.Ş. (Hdi Sigorta A.Ş.) 909.782 6.241 Allianz Sigorta A.Ş. 575.098 75.604 Türkiye Sigorta A.Ş (Güneş Sigorta A.Ş) 334.244 - Anadolu Sigorta 320.368 71.322 Halk Sigorta A.Ş.(Türkiye Sigorta A.Ş) 178.306 - Groupama Sigorta A.Ş. 80.987 3.378 Güven Sigorta T.A.Ş. 32.613 7.786 Liberty Sigorta A.Ş.(Hdi Sigorta A.Ş.) 28.764 9.710 Ziraat Sigorta A.Ş.(Türkiye Sigorta A.Ş) 8.321 18.633 İstanbul Umum A.Ş. 7.963 4.005 Anadolu Hayat Emeklilik A.Ş. 5.913 698 Hdi Sigorta A.Ş. 1.956 5.710 Other expenses 3.416.179 335.304 46 Subsequent events Subsequent events are disclosed in note 1.10 - subsequent events . 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 159