MILLIRE ENG2024

Details of rediscount and provision expenses are as follows: Provision expenses December 31, 2024 December 31, 2023 Provision for pension fund deficits (315.259.415) (104.015.824) Provision expenses for doubtful receivables (*) (24.890.113) (74.994.760) Provision for employee termination benefits (Note 23) 10.286.459 18.371.517 Other provision 26.767 6.954.539 Total of provisions (329.836.302) (153.684.528) (*) The provision for doubtful receivables related to valuation of foreign currency denominated receivables from main operations. Rediscount Expenses December 31, 2024 December 31, 2023 Rediscount income/(expense) from reinsurance receivables 23.127 (2.682.549) Rediscount income/(expense) from reinsurance payables (9.603.272) (43.308.097) Total of rediscounts (9.580.145) (45.990.646) Fees for Services Rendered by Independent Auditor/Independent Auditing Firm (*) : December 31, 2024 December 31, 2023 Independent audit fee for the reporting period 4.906.741 5.577.526 Fees for tax advisory services 650.030 529.839 Total 5.556.771 6.107.365 (*) Fee excluding VAT. 171 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