MILLI RE 2020 ANNUAL REPORT

Anadolu Anonim Türk Sigorta Şirketi Writing Non-life insurance and reinsurance business, Anadolu Sigorta was founded on 1925 at the initiative of Mustafa Kemal Atatürk and under the leadership of İşbank, Turkey’s first national bank. Pioneering its sector ever since it was founded, Anadolu Sigorta is committed to offering only high-quality products and services and to ensuring their sustainability with its experienced staff, solid financial and high-tech infrastructure, dynamic approach towards continuous development and improvement, and extensive network of expert agents. 48% of Anadolu Sigorta’s shares are quoted on Borsa İstanbul (BİST) National Market under the symbol “ANSGR”. 57.31% of the Company’s share is held by Millî Reasürans T.A.Ş. Headquartered in İstanbul, Anadolu Sigorta brings its products to its customers via regional offices in İstanbul (2), Ankara, Adana, Antalya, Bursa, Samsun, Trabzon, and İzmir, a sales office in Gaziantep, a branch in the Turkish Republic of Northern Cyprus, and about 2,473 agencies. Anadolu Sigorta uses bank branches within the bancassurance network as fundamental element of its service delivery in Turkey. Together with all İşbank branches, Türkiye Sınai Kalkınma Bankası, Arap Türk Bankası, Alternatifbank, Albaraka Türk Katılım Bankası and QNB Finansbank branches are serving as Anadolu Sigorta agencies. In 2020, Anadolu Sigorta expanded its total premium production by 21% year-on-year on basis to TL 8 billion and controls an 11.76% share of the overall market among Non-life companies. Anadolu Sigorta registered its highest premium production in 2020 in Land Vehicles Liability with TL 2,305 million, followed by Land Vehicles with TL 1,506 million, Fire and Natural Disasters with 1,423 million and Sickness/Health with TL 948 million. According to the unconsolidated financial statements, Anadolu Sigorta’s total assets reached TL 12.1 billion at the end of 2020 increasing by 23.6%while shareholders’ equity stood at TL 2.8 billion with an increase of 30.4%. Anadolu Sigorta with the net profit for the year of TL 460.6 million with an increase of 14% compared to the previous year, successfully achieved its sustainable profit target in 2020 as well. INFORMATION ON CONSOLIDATED SUBSIDIARIES 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 162