MILLIRE ENG2024

As at December 31, 2024 and 2023, receivables from main operations are detailed as follows 31 December 2024 31 December 2023 Receivables from insurance companies 1.332.398.229 869.202.522 Receivables from reinsurance companies (Note 10) 2.521.327.822 2.907.188.037 Receivables from agencies, brokers and intermediaries 920.485.381 1.971.092.327 Total receivables from reinsurance operations, net 4.774.211.432 5.747.482.886 8.202.425.696 Receivables from agencies, brokers and other intermediaries Receivables from insurance and reinsurance companies 9.729.119.692 706.208.45 1.133.384.268 Long term receivable which is bank guarantee and three months credit card 2.488.815.298 1.598.638.932 Salvage and subrogation receivables (Note 2.21) 723.408.965 449.617.0028 Receivables from insurance and reinsurance companies 99.262.922 181.714.908 Total receivables from insurance operations, net 13.746.815.331 11.565.780.832 Cash deposited to insurance and reinsurance companies (Note 4.2) 1.683.352.236 1.512.369.005 Provisions for receivables from insurance operations - subrogation receivables (Note 2.21) (216.362.128) (156.811.592) Doubtful receivables from main operations - premium receivables 354.952.449 191.817.299 Provision for doubtful receivables from main operations - premium receivables (354.952.449) (191.817.299) Doubtful receivables from insurance operations - subrogation receivables 1.469.513.028 986.553.472 Provisions for doubtful receivables from insurance operations - subrogation receivables (1.469.513.028) (986.553.472) Receivables from main operations 19.988.016.871 18.668.821.131 As of December 31, 2024, and 2023, mortgages and collaterals obtained for receivables are disclosed as follows: 31 December 2024 31 December 2023 Mortgage notes 331.150.182 244.510.302 Letters of guarantees 1.007.232.743 409.683.801 Other guarantees 992.943.682 302.647.538 Government bonds and treasury bills 230.000 230.000 Total 2.331.556.607 957.071.641 Provisions for overdue receivables and receivables not due yet a) Receivables under legal or administrative follow up (due): TRY 354.952.449 for main operations (December 31, 2023: TRY 191.817.299) and TL 705.142 (December 31, 2023: TL 705.142) for other receivables. b) Provision for premium receivables (due): TL 1.685.875.156 (December 31, 2023: TRY 1.143.365.064) The Company’s receivables from and payables to shareholders, associates and subsidiaries are detailed in Note 45 - Related party transactions . The details of the receivables and payables denominated in foreign currencies and foreign currency rates used for the translation are presented in Note 4.2- Financial risk management . 244 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