MILLIRE 2021 ANNUAL REPORT

NOTES TO THE UNCONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2021 Millî Reasürans Türk Anonim Şirketi (Currency: Turkish Lira (TL)) (Convenience Translation of Financial Statements and Related Disclosures and Footnotes Originally Issued in Turkish, See Note 2.1.1) 47 Other Items and amounts classified under the “other” account in financial statements either exceeding 20% of the total amount of the group to which they relate or 5% of the total assets in the balance sheet They are presented in the related notes above. Payables to employees and receivables from employees presented under accounts, “other receivables” and “other short or long term payables”, and which have balance more than 1% of the total assets None. Subrogation recorded in “Off-Balance Sheet Accounts” None. Real rights on immovable and their values None. Explanatory note for the amounts and nature of previous years’ income and losses None. Details of rediscount and provision expenses are as follows: Provision expenses December 31, 2021 December 31, 2020 Provision for pension fund deficits (33.437.456) (16.344.100) Provision expenses for doubtful receivables (*) (28.449.324) (6.399.969) Provision for employee termination benefits (Note 23) (779.776) 838.683 Other provision 67.228 (84.828) Total of provisions (62.599.328) (21.990.214) (*) The provision for doubtful receivables related to valuation of foreign currency denominated receivables from main operations. Rediscount Expenses December 31, 2021 December 31, 2020 Rediscount income/(expense) from reinsurance receivables 41.084 83.702 Rediscount income/(expense) from reinsurance payables (1.132.684) 412.055 Total of rediscounts (1.091.600) 495.757 Fees for services received from Independent Auditor/Independent audit firm December 31, 2021 December 31, 2020 Independent audit fee for reporting period (*) 681.499 418.456 Fees for tax advisory service - - Fee for other assurance services - - Fees other than independent audit - - Total 681.499 418.456 (*) As of December 31 2021, the audit fee received from Güney Bağımsız Denetim ve SMMM A.Ş is TL 189.900, and the audit fee received from other independent auditing companies is TL 491.599 (December 31, 2020: received from Güney Bağımsız Denetim ve SMMM A.Ş. The independent audit fee is TL 162.620 and the audit fee received from other independent audit companies is TL 255.836.) 162 MİLLÎ REASÜRANS ANNUAL REPORT 2021 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