MILLIRE 2021 ANNUAL REPORT

FINANCIAL STATUS 67 MİLLİ RE ANNUAL REPORT 2021 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 2021 TECHNICAL RESULTS Milli Re’s premium income increased by 36.39% on a year-on-year basis and reached TL 2,482,605,065 in 2021. Paid claims increased by 30.51% and were recorded as TL 1,373,848,905 as at the end of 2021. Premium Production (TL) Line of Business 2021 2020 2019 Accident 46,776,240 30,010,309 27,302,812 Health 1,198,030 7,369,444 8,029,501 Land Vehicles 22,322,647 27,526,323 38,102,445 Railway Vehicles - - - Air Vehicles 3,307,551 1,108,216 735,239 Sea Vehicles 94,523,683 66,963,918 45,936,915 Marine 110,160,704 71,603,752 52,994,825 Fire & Natural Disasters 1,439,290,622 1,005,205,113 977,897,738 General Damages 590,314,680 461,653,743 367,787,905 Land Vehicles Liability 55,566,973 46,154,678 46,795,194 Air Vehicles Liability - - - Sea Vehicles Liability - - 28,056 General Liability 101,210,901 62,590,682 70,219,885 Credit 1,785,171 836,401 490 Fidelity Guarantee 2,424,829 1,546,349 1,195,108 Financial Losses 13,130,835 4,364,980 4,087,588 Legal Protection 433,977 426,945 382,386 Total Non-life 2,482,446,843 1,787,360,853 1,641,496,087 Life 158,222 32,914,453 17,323,840 Genel Toplam 2,482,605,065 1,820,275,306 1,658,819,927 2021 Premium Production Geographical Breakdown TL % Turkey 1,843,120,056 74 Asia 345,861,392 14 Asia 247,016,457 10 Middle East 98,844,935 4 Others (incl. America) 94,494,607 4 Europe 88,544,182 3 Central & Eastern Europe 55,757,997 2 Western Europe 32,786,185 1 Africa 10,345,723 1 Worldwide 100,239,105 4