MILLIRE 2021 ANNUAL REPORT

23 MİLLİ RE ANNUAL REPORT 2021 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 HUMAN RESOURCES APPLICATIONS In recognition of the fact that its staff is one of the main contributors in its achievements, Milli Re has highly qualified employees, devoted to their work and the Company, open to continuous learning and development. The fundamental principles of the Company’s Human Resources policy are recruiting the right candidates qualified for the vacant positions, providing the necessary business environment for working efficiently, productively and happily, protecting and observing employees’ financial and moral rights, providing equal opportunities in training and development paying regard to personal skills in a fair and gender-neutral fashion, and facilitating motivational social relationships and efficient execution of all internal processes. At year-end 2021, Milli Re has 201 employees including Singapore Branch. Application Job applications, which are made via our corporate website and by other communication means, are stored in the candidate pool of our Company. Applications are examined when required, and candidates who are considered suitable for the positions are contacted. Recruitment Milli Re recruits’ candidates in view of qualifications required for the relevant position and applicant’s ability to adapt to the corporate culture. Performance Management Performance appraisals of our employees are conducted on an annual basis in accordance with the Performance Appraisal System Guidelines and career planning and training needs are determined based on the results of the appraisals. MİLLİ RE HAS DEFINED IT AS A FUNDAMENTAL PRINCIPLE TO EFFECTIVELY EXECUTE ALL PROCESSES NECESSARY FOR EMPLOYEES TO WORK PRODUCTIVELY AND HAPPILY.