MILLIRE ENG2024

The classification of fair value measurements of financial assets and liabilities measured at fair value is as follows: 31 December 2024 Level 1 Level 2 Level 3 Total Financial assets : Available for sale financial assets (Note 11) (*) 14.829.870.015 - - 14.829.870.015 Financial assets to be held to maturity (Note 11) 21.855.422.234 5.881.112.516 - 27.736.534.750 Total financial assets 36.685.292.249 5.881.112.516 - 42.566.404.765 Tangible assets Investment properties (Note 6) - - 5.336.521.000 5.336.521.000 Owner occupied properties (Note 6) - - 317.622.500 317.622.500 Total tangible assets - - 5.654.143.500 5.654.143.500 Total 36.685.292.249 5.881.112.516 5.654.143.500 48.220.548.265 31 December 2023 Level 1 Level 2 Level 3 Level 3 Financial assets : Available for sale financial assets (Note 11) (*) 13.901.599.216 - - 13.901.599.216 Financial assets held for trading (Note 11) 7.176.935.826 7.211.468.881 - 14.388.404.707 Total financial assets r 21.078.535.042 7.211.468.881 - 28.290.003.923 Tangible assets:: Investment properties (Note 6) - - 4.890.602.000 4.890.602.000 Owner occupied properties (Note 6) - - 215.104.000 215.104.000 Total tangible assets - - 5.105.706.000 5.105.706.000 - - Total 21.078.535.042 7.211.468.881 5.105.706.000 33.395.709.923 (*) As of December 31, 2024, securities that are not publicly traded amounting to TL 805.244 (December 31, 2023: TRY 805.244) have been measured at cost. Equity share price risk Equity share price risk is defined as the risk of decreasing the market price of equity shares as a result of a decline in index. The effect on Group income as a result of 10% change in the fair value of equity instruments held as held for trading financial assets (traded at İstanbul Stock Exchange) due to a reasonably possible change in equity indices, with all other variables held constant, is as follows (excluding tax effect): 31 December 2024 31 December 2023 Profit or loss Equity (*) Profit or loss Equity (*) Financial assets held for trading (422.063.396) (422.063.396) (142.504.296) (142.504.296) Available for sale financial assets - (224.184.248) - (160.573.061) Total, net (422.063.396) (646.247.644) (142.504.296) (303.077.357) (*) Equity impact includes impact of change of conjectural interest rates on income statement. 233 2024 Annual Report Millî Reasürans Türk Anonim Şirketi (Currency: Turkish Lira (TL)) Notes to the Consolidated 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