MILLIRE ENG2024

Insurance risk concentrations The Company’s gross and net insurance risk concentrations (net of reinsurer share) in terms of insurance branches are summarized as below: Branches December 31, 2024 Gross total claims liability (*) Reinsurance share of total claims liability Net total claims liability Fire and Natural Disasters 7.147.159.967 (4.573.446.732) 2.573.713.235 General Losses 1.634.583.440 (9.292.488) 1.625.290.952 Sea Vehicles 327.869.173 (32.295.210) 295.573.963 General Liabilities 214.406.429 (1.862.334) 212.544.095 Marine 221.955.057 (56.483.650) 165.471.407 Land Vehicles Liability (MTPL) 147.256.964 (15.447) 147.241.517 Financial Losses 89.638.356 (2.553.391) 87.084.965 Land Vehicles 73.824.733 (57.811) 73.766.922 Accident 25.980.453 (572.053) 25.408.400 Health 7.784.841 -- 7.784.841 Life 10.894.560 (3.522.521) 7.372.039 Fidelity Guarantees 5.581.260 (22.931) 5.558.329 Air Vehicles 4.208.193 -- 4.208.193 Credit 440.103 -- 440.103 Legal Protection 21.149 -- 21.149 Sea Vehicles liability 1.349 -- 1.349 Total 9.911.606.027 (4.680.124.568) 5.231.481.459 Branches December 31, 2023 Gross total claims liability (*) Reinsurance share of Total claims liability Net total claims liability Fire and natural disasters 10.630.493.085 (7.579.866.355) 3.050.626.730 General Losses 1.014.234.797 (9.621.848) 1.004.612.949 Sea Vehicles 194.713.991 (19.056.273) 175.657.718 Land vehicles liability (MTPL) 122.487.913 (20.674) 122.467.239 Marine 130.022.396 (9.014.277) 121.008.119 General liabilities 114.262.623 (1.333.033) 112.929.590 Land Vehicles 35.632.466 (30.689) 35.601.777 Financial Losses 27.025.157 (1.308.113) 25.717.044 Accident 23.964.451 (86.281) 23.878.170 Life 9.400.117 (2.568.630) 6.831.487 Air Vehicles 5.444.820 - 5.444.820 Health 4.437.711 - 4.437.711 Legal protection 3.126.615 (70.409) 3.056.206 Credit 306.106 - 306.106 Legal protection 6.745 - 6.745 Total 12.315.558.993 (7.622.976.582) 4.692.582.411 (*) Total claims liability includes outstanding claims reserve (paid). 134 Millî Reasürans Türk Anonim Şirketi (Currency: Turkish Lira (TL)) Notes to the Unconsolidated Financial Statements As of December 31, 2024 (Convenience Translation of Financial Statements and Related Disclosures and Footnotes Originally Issued in Turkish) MİLLİ RE