MILLIRE ENG2024

With our experience and vision, we are focused on the future. Having left behind 95 years of accomplishments, Milli Re, the safeguard of the Turkish insurance industry, also demonstrated strong performance in 2024. Continuing to provide reinsurance capacity in line with the needs of ceding companies, our Company recorded a 48% increase in premium production, reaching TL 14,721 million. In 2024, our total assets reached TL 33,749 million, with equity recorded at TL 16,475 million, and a net profit for the period of TL 5,934 million. As one of the most established reinsurance companies in the world, Milli Re continues to make significant contributions to the national economy as one of the leading institutions in the sector. Fully aware of the responsibilities that come with its leadership role, our Company considers it a duty to support not only the economy but also social development. Within the framework of policies supporting gender equality, our Company holds the FEM (Equal Opportunity Model) certification and attaches special importance to the professional development and participation of female employees in the workforce, driven by the belief that all employees should have equal rights and opportunities without any form of discrimination. Our Company is also active in the fields of culture, arts, and sports. In this regard, the “Milli Re Chamber Orchestra” continues its annual concert series, while the “Milli Re Art Gallery”, which boasts an art archive spanning 30 years, contributes significantly to our country’s cultural life through the exhibitions it organizes. The “International Insurance Tennis Tournament”, which has been organized for 36 consecutive years, has become a tradition that brings together sector stakeholders from both Türkiye and abroad each year. Milli Re is committed to being one of the key players in the sector and to contributing to the country’s economy through its robust financial structure, competent human resources, innovative technological approach, success in managing long-term and well-founded business relationships, and agility in adapting to changing market conditions. On behalf of myself and our Board of Directors, I would like to extend our sincere gratitude to all our stakeholders, particularly our employees, shareholders, and business partners, for their invaluable support and contributions to our sustainable performance. Best Regards, Ebru ÖZŞUCA Chairperson of the Board of Directors As one of the most established reinsurance companies in the world, Milli Re continues to make significant contributions to the national economy as one of the leading institutions in the sector. 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 13 2024 Annual Report