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 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 4.2,12 480.322 324.555 1- Leasing Receivables - - 2- Unearned Leasing Interest Income (-) - - 3- Deposits and Guarantees Given 324.555 324.555 4- Other Receivables 155.767 - 5- Discount on Other Receivables (-) - - 6- Other Doubtful Receivables - - 7- Provisions for Other Doubtful Receivables (-) - - D- Financial Assets 9 2.115.020.367 1.354.386.089 1- Investments In Associates - - 2- Affiliates 9 2.115.020.367 1.354.386.089 3- Capital Commitments to Affiliates (-) - - 4- Subsidiaries - - 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 6.159.070.183 5.425.308.231 1- Investment Properties 6,7 5.336.521.000 4.890.602.000 2- Diminution in Value for Investment Properties (-) - - 3- Buildings for Own Use 6 317.622.500 215.104.000 4- Machinery and Equipments 6 280.935.328 188.791.920 5- Furnitures and Fixtures 6 84.901.462 67.901.403 6- Vehicles 6 36.462.802 13.489.028 7- Other Tangible Assets (Including Leasehold Improvements) 6 106.204.900 97.776.415 8- Leased Tangible Fixed Assets 6 328.088.484 187.439.190 9- Accumulated Depreciation (-) 6 (374.522.004) (255.458.176) 10-Advances Paid for Tangible Fixed Assets (Including Construction In Progresses) 6 42.855.711 19.662.451 F- Intangible Fixed Assets 8 568.219.563 391.411.829 1- Rights 8 653.512.652 526.278.411 2- Goodwill 8 16.250.000 16.250.000 3- Establishment Costs - - 4- Research and Development Expenses 8 18.657.453 18.657.453 6- Other Intangible Assets - - 7- Accumulated Amortizations (-) 8 (475.614.418) (433.942.972) 8- Advances Regarding Intangible Assets 8 355.413.876 264.168.937 G- Prepaid Expenses and Income Accruals 99.470.300 3.421.242 1- Deferred Commission Expenses 17 99.400.742 2.160.700 2- Accrued Interest and Rent Income - - 3- Other Prepaid Expenses 4.2 69.558 1.260.542 H- Other Non-current Assets 1.132.200.585 843.879.875 1- Effective Foreign Currency Accounts - - 2- Foreign Currency Accounts - - 3- Inventories - - 4- Prepaid Taxes and Funds - - 5- Deferred Tax Assets 21 1.132.200.585 843.879.875 6- Other Non-current Assets - - 7- Other Non-current Assets Amortization (-) - - 8- Provision for Other Non-current Assets (-) - - II- Total Non-current Assets 10.506.115.241 8.414.668.957 TOTAL ASSETS 110.896.544.587 73.142.124.679 181 2024 Annual Report Millî Reasürans Türk Anonim Şirketi (Currency: Turkish Lira (TL)) The accompanying notes are an integral part of these consolidated financial statements. (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 Consolidated Balance Sheet As of December 31, 2024