MILLIRE ENG2024

Movement in intangible assets in the period from January 1 to December 31, 2023 is presented below: January 1, 2023 Additions Foreign currency translation effects (*) Disposals Transfers December 31, 2023 Cost: Other intangible assets 471.857.967 53.515.553 424.999 (696.419) 1.176.311 526.278.411 Advances given for intangible assets 170.780.752 93.388.185 - - - 264.168.937 Goodwill 16.250.000 - - - - 16.250.000 Research & Development 896.749 18.937.015 - - (1.176.311) 18.657.453 659.785.468 165.840.753 424.999 (696.419) - 825.354.801 Accumulated amortization: Rights 355.227.517 78.970.347 298.552 (553.444) - 433.942.972 355.227.517 78.970.347 298.552 (553.444) - 433.942.972 Net book value 304.557.951 391.411.829 (*) Foreign currency translation effect resulted from Singapore Branch. (**) TFRS 17 has been given with reference to licensing-consultation and computer software. 9 Investments in associates 31 December 2024 31 December 2023 Book value Participation rate % Book value Participation rate % Anadolu Hayat Emeklilik A.Ş. 2.115.020.367 21 ,00 1.354.386.089 21,00 Affiliates, net 2.115.020.367 1.354.386.089 Name Total assets Shareholders’ equity Retained earnings Profit for the year Audited Period Associates :: Anadolu Hayat Emeklilik A.Ş. (consolidated) 260.339.161.440 10.071.525.906 186.293.195 4.305.802.455 Geçti. 31 December 2024 In the current period TRY 904.218.444 (December 31, 2023: 599.301.192) of income is obtained from associates through equity accounted consolidation method. The movement schedule of investments valued using the equity method for the reporting period is as follows: 2024 Beginning of the period- 1 January 1.354.386.089 Shares of profit from the current period 904.218.444 Increase recognized in equity 66.415.834 Dividends (210.000.000) End of the period- 31 December 2.115.020.367 238 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) MİLLİ RE