MILLI_RE_ANNUAL REPORT 2022

Milli Re’s premium income increased by 76.40% on a year-on-year basis and reached TL 4,808,430,037 in 2022, Paid claims increased by 76.40% and were recorded as TL 2,423,531,546 as at the end of 2022, Premium Production (TL) Line of Business 2022 2021 2020 Accident 47,687,465 46,776,240 30,010,309 Health 3,245,708 1,198,030 7,369,444 Land Vehicles 31,994,927 22,322,647 27,526,323 Railway Vehicles - - - Air Vehicles 2,176,982 3,307,551 1,108,216 Sea Vehicles 221,972,203 94,523,683 66,963,918 Marine 250,395,505 110,160,704 71,603,752 Fire & Natural Disasters 2,828,343,792 1,439,290,622 1,005,205,113 General Damages 1,087,398,142 590,314,680 461,653,743 Land Vehicles Liability 97,854,623 55,566,973 46,154,678 Air Vehicles Liability - - - Sea Vehicles Liability - - - General Liability 184,780,270 101,210,901 62,590,682 Credit 2,164,239 1,785,171 836,401 Fidelity Guarantee 4,914,541 2,424,829 1,546,349 Financial Losses 33,740,140 13,130,835 4,364,980 Legal Protection 719,895 433,977 426,945 Total Non-life 4,797,388,432 2,482,446,843 1,787,360,853 Life 11,041,605 158,222 32,914,453 Total 4,808,430,037 2,482,605,065 1,820,275,306 2022 Premium Production Geographical Breakdown TL % Turkey 3,685,784,114 77 Asia 564,256,913 11 Asia 407,719,484 8 Middle East 156,537,429 3 Others (incl, America) 201,075,308 4 Worldwide 183,910,867 4 Europe 145,265,575 3 Central&Eastern Europe 82,260,961 2 Western Europe 63,004,614 1 Africa 28,137,260 1 100 2022 Technical Results 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 75 MİLLİ RE 2022 ANNUAL REPORT