Milli Re 2025 Annual Report

ÖZSERMAYE V- Equity Note Audited Current Period December 31, 2025 Audited Prior Period December 31, 2024 A- Paid in Capital 660.000.000 660.000.000 1- (Nominal) Capital 2.13,15 660.000.000 660.000.000 2- Unpaid Capital (-) - - 3- Positive Inflation Adjustment on Capital - - 4- Negative Inflation Adjustment on Capital (-) - - 5- Unregistered Capital - - B- Capital Reserves 15 1.969.056.284 1.644.043.728 1- Equity Share Premiums - - 2- Cancellation Profits of Equity Shares - - 3- Profit on Sale to be Transferred to Capital 49.493.534 42.921.312 4- Translation Reserves 15 459.824.474 358.446.598 5- Other Capital Reserves 15 1.459.738.276 1.242.675.818 C- Profit Reserves 13.919.395.909 7.571.787.027 1- Legal Reserves 15 569.850.824 324.811.577 2- Statutory Reserves 15 1.089.589.919 572.615.467 3- Extraordinary Reserves 15 7.995.003.925 4.518.846.761 4- Special Funds (Reserves) 15 2.055.082.215 330.452.130 5- Revaluation of Financial Assets 11,15 2.330.457.161 1.864.706.704 6- Other Profit Reserves 15 (120.588.135) (39.645.612) D- Previous Years’ Profits 13.505.750 665.428.763 1- Previous Years’ Profits 13.505.750 665.428.763 E- Previous Years’ Losses (-) - - 1- Previous Years’ Losses - - F- Net Profit of the Period 9.776.419.205 5.933.631.405 1- Net Profit of the Period 9.776.419.205 5.927.059.183 2- Net Loss of the Period (-) - - 3- Net Income not subject to distribution - 6.572.222 Total Shareholders’ Equity 26.338.377.148 16.474.890.923 Total Liabilities and Shareholders’ Equity 49.817.461.771 33.749.307.560 116 MİLLÎ REASÜRANS 2025 Annual Report Millî Reasürans Türk Anonim Şirketi The accompanying notes are an integral part of these unconsolidated financial statements. (Currency: Turkish Lira (TRY)) (Convenience Translation of Financial Statements and Related Disclosures and Footnotes Originally Issued in Turkish) Unconsolidated Balance Sheet As of December 31, 2025