MILLIRE ENG2024

As of December 31, 2024, the total amount of lawsuits filed against the Company is 243,427 TL. As of December 31,2023, total amount of the claims that the Group face is TL 8.050.124.000 in gross (December 31, 2022: TL 5.061.397.932). In accordance with the relevant legislation, a provision for incurred but not reported claims amounting to 6,877,845,645 TL has been set aside as collateral for the lawsuits filed against the Company. 43 Commitments Details of the guarantees given by the Group in non-life insurance branches are shown in Note 17. 44 Business combinations None. 45 Related party transactions For the purpose of the accompanying consolidated financial statements, shareholders, key management and members of board of directors together with their families and companies controlled by or affiliated with them, and associated companies are considered and referred to as related parties. The related party balances As of December 31, 2024 and 2023 are as follows 31 December 2024 31 December 2023 Türkiye İş Bankası A.Ş. 11.594.272.458 2.942.970.918 Banks 11.594.272.458 2.942.970.918 Mutual funds founded by İş Portföy Yönetimi A.Ş. 13.704.638.359 6.823.264.826 Related party stocks 785.142.798 424.203.903 Bonds issued by Türkiye Şişe ve Cam Fabrikaları A.Ş 108.640.500 - Bonds issued by İş Faktoring A.Ş. 231.003.852 - Bonds issued by İş Gayrimenkul Yatırım Ortaklığı A.Ş. 21.715.200 - Mutual funds issued by Maxis Private Equity Portfolio Management A.Ş. 681.113.662 272.266.249 Turkey Is Bank Currency Protected Deposit 266.403.595 1.149.892.248 Bonds issued by Türkiye İş Bankası 165.457.600 90.242.836 Eurobonds issued by Türkiye Sınai Kalkınma Bankası A.Ş. - 60.424.849 Eurobonds issued by Türkiye İş Bankası A.Ş. - 149.060.326 Financial Assets (Not 11) 15.964.115.566 8.969.355.237 Türkiye İş Bankası A.Ş. 2.319.684.264 1.456.459.737 Türkiye Sigorta A.Ş 358.710.042 218.896.210 Other 81.330.204 48.215.220 Receivables from main operations 2.759.724.510 1.723.571.167 Türkiye İş Bankası A.Ş. 129.182.425 94.661.046 Other 24.910.914 42.353.337 Payables from main operations 154.093.339 137.014.383 Payables to personnel 11.094.492 1.830.978 Payables to partners 193.699 193.699 Payables to other related parties 2.283.093 61.146 Due to related parties 13.571.284 2.085.823 261 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