MILLIRE ENG2024

ASSETS II- Non-Current Assets Note Audited Current Period December 31, 2024 Audited Prior Period December 31, 2023 A- Receivables From Main Operations 4.2, 12 431.653.921 395.937.136 1- Receivables From Insurance Operations - - 2- Provision for Receivables From Insurance Operations (-) - - 3- Receivables From Reinsurance Operations 4.2,12 263.336.032 381.273.026 4- Provision for Receivables From Reinsurance Operations (-) - - 5- Cash Deposited for Insurance & Reinsurance Companies 4.2,12 168.317.889 14.664.110 6- Loans to Policyholders - - 7- Provision for Loans to Policyholders (-) - - 8- Receivables From Pension Operations - - 9- Doubtful Receivables from Main Operations 4.2,12 178.476.684 153.566.800 10-Provision for Doubtful Receivables from Main Operations 4.2,12 (178.476.684) (153.566.800) B- Due from Related Parties - - 1- Due from Shareholders - - 2- Due from Affiliates - - 3- Due from Subsidiaries - - 4- Due from Joint Ventures - - 5- Due from Personnel - - 6- Due from Other Related Parties - - 7- Discount on Receivables Due from Related Parties (-) - - 8- Doubtful Receivables Due from Related Parties - - 9- Provisions for Doubtful Receivables Due from Related Parties (-) - - C- Other Receivables - - 1- Leasing Receivables - - 2- Unearned Leasing Interest Income (-) - - 3- Deposits and Guarantees Given - - 4- Other Receivables - - 5- Discount on Other Receivables (-) - - 6- Other Doubtful Receivables - - 7- Provisions for Other Doubtful Receivables (-) - - D- Financial Assets 9 18.817.804.486 10.692.447.851 1- Investments In Associates - - 2- Affiliates 9 1.254.912.086 803.602.412 3- Capital Commitments to Affiliates (-) - - 4- Subsidiaries 9 17.562.892.400 9.888.845.439 5- Capital Commitments to Subsidiaries (-) - - 6- Joint Ventures - - 7- Capital Commitments to Joint Ventures (-) - - 8- Financial Assets and Investments with Risks on Policy Holders - - 9- Other Financial Assets - - 10-Diminution in Value of Financial Assets (-) - - E- Tangible Fixed Assets 6 104.291.096 137.728.159 1- Investment Properties 6,7 - 30.000.000 2- Diminution in Value for Investment Properties (-) - - 3- Building for own use - - 4- Machinery and Equipments - - 5- Furnitures and Fixtures 6 50.164.806 43.187.951 6- Vehicles 6 13.395.172 4.786.494 7- Other Tangible Assets (Including Leasehold Improvements) 6 53.013.225 53.013.225 8- Leased Tangible Fixed Assets 6 52.016.197 40.132.165 9- Accumulated Depreciation (-) 6 (64.298.304) (33.391.676) 10-Advances Paid for Tangible Fixed Assets (Including Construction In Progresses) - - F- Intangible Fixed Assets 8 77.017.815 45.358.449 1- Rights 8 14.304.813 61.830.210 2- Goodwill - - 3- Establishment Costs - - 4- Research and Development Expenses - - 6- Other Intangible Assets - - 7- Accumulated Amortizations (-) 8 (10.640.733) (54.082.786) 8- Advances Regarding Intangible Assets 8 73.353.735 37.611.025 G- Prepaid Expenses and Income Accruals 4.2 69.559 1.260.542 1- Deferred Commission Expenses - - 2- Accrued Interest and Rent Income - - 3- Other Prepaid Expenses 4.2 69.559 1.260.542 H- Other Non-current Assets 187.732.955 91.409.605 1- Effective Foreign Currency Accounts - - 2- Foreign Currency Accounts - - 3- Inventories - - 4- Prepaid Taxes and Funds - - 5- Deferred Tax Assets 21 187.732.955 91.409.605 6- Other Non-current Assets - - 7- Other Non-current Assets Amortization (-) - - 8- Provision for Other Non-current Assets (-) - - II- Total Non-current Assets 19.618.569.832 11.364.141.742 TOTAL ASSETS 33.749.307.560 22.668.143.370 99 2024 Annual Report Millî Reasürans Türk Anonim Şirketi (Currency: Turkish Lira (TL)) (Convenience Translation of Financial Statements and Related Disclosures and Footnotes Originally Issued in Turkish) The accompanying notes are an integral part of these unconsolidated financial statements. GENERAL INFORMATION FINANCIAL RIGHTS PROVIDEDTOTHE MEMBERS OF THE GOVERNING BODY AND SENIOR EXECUTIVES RISKS AND ASSESSMENT OF THE GOVERNING BODY ACTIVITIES AND MAJOR DEVELOPMENTS RELATED TO ACTIVITIES RESEARCH & DEVELOPMENT ACTIVITIES FINANCIAL STATUS FINANCIAL INFORMATION Unconsolidated Balance Sheet As of December 31, 2024