MILLIRE ENG2024

I- TECHNICAL SECTION Note Audited Current Period January 1- December 31, 2024 Audited Prior Period January 1- December 31, 2023 C- Non Life Technical Net Profit (A-B) 12.998.988.946 7.535.613.133 D- Life Technical Income 62.119.444 19.587.603 1- Earned Premiums (Net of Reinsurer Share) 35.429.875 15.442.368 1.1- Written Premiums (Net of Reinsurer Share) 17 73.127.468 19.127.110 1.1.1- Gross Written Premiums (+) 17 92.945.103 35.352.037 1.1.2- Ceded Premiums to Reinsurers (-) 10,17 (19.817.635) (16.224.927) 1.2-Change in Unearned Premiums Reserve (Net of Reinsurers Shares and Reserves Carried Forward) (+/-) 17,29 (37.697.593) (3.684.742) 1.2.1- Unearned Premium Reserves (-) 17 (38.762.083) (11.557.847) 1.2.2-Unearned Premium Reserves Reinsurer Share (+) 10,17 1.064.490 7.873.105 1.3-Changes in Unexpired Risks Reserve (Net of Reinsurer Share and Reserves Carried Forward)(+/-) - - 1.3.1- Unexpired Risks Reserves (-) - - 1.3.2-Unexpired Risks Reserves Reinsurer Share (+) - - 2- Life Branch Investment Income 26.221.477 3.621.548 3- Unrealized Income from Investments - - 4- Other Technical Income (Net of Reinsurer Share) (+/-) 47 468.092 523.687 4.1- Gross Other Technical Income (+/-) 408.355 382.267 4.2-Reinsurance Share of Other Technical Income (+/-) 59.737 141.420 5- Accrued Subrogation and Salvage Income (+) - - 186 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) MİLLİ RE Consolidated Statement of Income For the Year Ended December 31, 2024