MILLI_RE_ANNUAL REPORT 2022

Transactions Carried out with Milli Re’s Risk Group External Service Procurement Being a member of İşbank Group, Milli Re carries out its relations with its risk group on an arm’s length basis. Relations with group companies are concentrated mostly in reinsurance, banking, portfolio management, information technologies services and risk management. Risk management activities are carried out in compliance with Consolidated Risk Policies of the risk group. Possible risks and findings obtained as a result of measurement are regularly monitored through reporting systems set up within the group. Detailed information on the Company’s transactions with its risk group is presented in the notes to the Financial Statements. Support service Service provided by Duration of service Maintenance and support for the accounting module SAP Türkiye 01.01.2023-31.12.2023 Maintenance and support for the reinsurance module (including the claims tracking module) DXC Teknoloji 01.04.2020-31.03.2025 Support for payroll management and provision of identity data for staff SAP Türkiye 01.01.2023-31.12.2023 Support for the personnel leave management and correspondence management SOFTTECH 01.01.2023-31.12.2023 Support received for the calculation of technical provisions, pricing, establishment of an economic capital model and capital adequacy studies in the field of actuary. PREFUS Danışmanlık A.Ş. 01.01.2023-31.12.2023 Legal consultancy received in long lasting disputes and international arbitration files in order to form additional opinion on high-amount claims files and controversial issues Paksoy Ortak Avukat Bürosu 01.01.2023-31.12.2023 Database service "Data Market Bilgi Hizmetleri A.Ş. Metod IT Academy" 01.01.2023-31.12.2023 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 91 MİLLİ RE 2022 ANNUAL REPORT