MILLIRE ENG2024

As of December 31, 2024, and 2023, the Group’s available for sale financial assets are detailed as follows: 31 December 2024 Nominal value Cost Fair value Book Value Debt instruments: Government bonds - TL 2.091.471.241 2.400.311.044 4.621.846.160 4.621.846.160 Government bonds - USD 4.774.987.863 4.726.946.763 5.346.977.292 5.346.977.292 Government bonds - EUR 99.792.400 630.473.133 1.080.860.500 1.080.860.500 Private sector bonds- TL 599.400.000 580.742.000 599.417.528 599.417.528 Private sector bonds- USD 195.407.500 837.716.378 872.878.322 872.878.322 Private sector bonds- EUR 36.736.200 36.773.108 38.103.112 38.103.112 9.212.962.426 12.560.082.914 12.560.082.914 Non-fixed income financial assets: Equity shares 136.530.191 2.242.647.728 2.242.647.728 Investment funds 27.000.000 27.944.617 27.944.617 163.530.191 2.270.592.345 2.270.592.345 Total available for sale financial assets 9.376.492.617 14.830.675.259 14.830.675.259 31 December 2023 Nominal value Cost Fair value Book Value Debt instruments: Government bonds - TL 700.641.655 1.486.782.579 2.498.585.144 2.498.585.144 Government bonds - USD 5.695.410.983 5.678.642.150 6.844.111.534 6.844.111.534 Government bonds - EUR 358.869.000 838.801.696 1.447.270.038 1.447.270.038 Private sector bonds - USD 201.500.000 198.818.720 216.962.284 216.962.284 Private sector bonds- TL 38.032.000 602.809.643 1.139.663.893 1.139.663.893 Impairment loss on private sector bonds 2.500.000 65.846.419 79.415.169 79.415.169 8.871.701.207 12.226.008.062 12.226.008.062 Non-fixed income financial assets: Equity shares 136.530.191 1.606.535.857 1.606.535.857 Investment funds 35.992.237 69.860.541 69.860.541 172.522.428 1.676.396.398 1.676.396.398 Total available for sale financial assets 9.044.223.635 13.902.404.460 13.902.404.460 All debt instruments presented above are traded in the capital markets, As of December 31, 2024, equity shares classified as available for sale financial assets with a carrying amount of TRY 805.244 are not publicly traded (December 31, 2023: TRY 805.244). There is no debt security issued during the period or issued before and paid during the period by the Group. Value increases in financial assets including equity shares classified as available for sale financial assets and subsidiaries for the last 3 years (including tax effects, excluding minority interest Year Change in value increase Total increase in value 2024 288.405.332 1.864.706.708 2023 800.341.974 1.576.301.376 2022 747.941.219 775.959.402 241 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