MILLIRE ENG2024

Movements of the financial assets during the period are presented below: December 31, 2024 Financial assets held for trading Available-for-sale Total Balance at the beginning of the period 611.225.151 3.838.711.783 4.449.936.934 Acquisitions during the period 6.362.912.005 4.016.645.253 10.379.557.258 Change in the fair value of financial assets (5.397.521.758) (5.309.865.181) (10.707.386.939) Fair value adjustment of financial assets 293.235.928 883.480.823 1.176.716.751 Balance at the end of the period 1.869.851.326 3.428.972.678 5.298.824.004 December 31, 2023 Financial assets held for trading Available-for-sale Total Balance at the beginning of the period 999.731.915 2.814.230.254 3.813.962.169 Acquisitions during the period 2.769.818.978 813.437.969 3.583.256.947 Disposals (sale and redemption) (3.439.802.938) (1.237.247.540) (4.677.050.478) Fair value adjustment of financial assets 281.477.196 1.448.291.100 1.729.768.296 Balance at the end of the period 611.225.151 3.838.711.783 4.449.936.934 12 Loans and receivables December 31, 2024 December 31, 2023 Receivables from main operations (Note 4.2) 2.866.435.125 4.088.255.641 Prepaid taxes and funds (Note 19) 71.260.270 9.170.386 Other receivables (Note 4.2) 235.542.408 37.011.346 Business advance/Advances given to employees 702.865 47.448 Total 3.173.940.668 4.134.484.821 Short-term receivables 2.742.286.747 3.738.547.685 Long-term receivables 431.653.921 395.937.136 Total 3.173.940.668 4.134.484.821 As of December 31, 2024, and 2023, receivables from main operations are detailed as follows: December 31, 2024 December 31, 2023 Receivables from insurance companies 1.028.793.487 723.099.199 Receivables from brokers and intermediaries 918.802.840 1.909.847.902 Receivables from reinsurance companies (Note 10) 494.482.487 985.866.927 Total receivables from insurance operations, net 2.442.078.814 3.618.814.028 Cash deposited to insurance and reinsurance companies 424.356.311 469.441.613 Doubtful receivables from main operations 178.476.684 153.566.800 Provision for doubtful receivables from main operations (178.476.684) (153.566.800) Receivables from main operations 2.866.435.125 4.088.255.641 151 2024 Annual Report 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) 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