MILLI_RE_ANNUAL REPORT 2022

The Company’s capital adequacy is measured according to the provisions of “Regulation in Respect of Measurement and Assessment of Capital Adequacy of Insurance, Reinsurance and Pension Companies”, which was published by the Ministry of Treasury and Finance and assessments regarding the results are submitted to the Board of Directors and Subsidiaries Division of İşbank via the “Risk Assessment Report”. The factor-based method, used according to the aforementioned regulation, determines the amount of capital required for each type of risk, and thus allows the calculation of the total required capital. Assessment of Capital Adequacy 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 90 MİLLİ RE 2022 ANNUAL REPORT