Milli Re 2025 Annual Report

1996 Milli Re Chamber Orchestra was established. The orchestra is made up of artists, most of whom also continue their solo music careers, and the orchestra performs with the participation of renowned local and international artists and conductors. 2000 Turkish Catastrophe Insurance Pool (TCIP), which was set up relevant the “Compulsory Earthquake Insurance” system established by the Undersecretariat of Turkish Treasury became operational under the management of Milli Re. 2001 Risk-based Compulsory Reinsurance System came to an end. 2005 Milli Re became the only active local reinsurance company in the Turkish market after the acquisition of Destek Reasürans T.A.Ş. 2006 Milli Re began to write business from international markets. Decree Pool was terminated. 2007 Singapore Branch, which plays an important role for Milli Re in international markets, was opened. 2010 Milli Re acquired an additional 35.53% stake in Anadolu Sigorta, another group company. Accordingly, Milli Re, Türkiye’s one and only active local reinsurer increased its share in the capital of Anadolu Sigorta to 57.31%, one of the largest and well- established insurance companies in the industry. 2023 Milli Re moved from its building in Teşvikiye to its new office in İş Towers, Levent as of July 10. 2024 As a reliable and stable institution that accredits the art field, Milli Re Art Gallery has contributed to bringing artworks into the permanent collections of a limited number of museums, as well as to the collections of conscious collectors in the sector. It has completed its 30th year of operation. With its success in maintaining business relationships based on solid foundations, Milli Re has contributed to the development of the insurance sector in Türkiye for many years and celebrated its 95th year of operation. Milli Re has transferred its technical knowledge gained in the Turkish market to global markets with the support of its strong capital structure. 2025 Milli Re added pace to its technological advancement and organizational change initiatives as it prepares for the next century with its solid capitalization and sustainable profitability. In the 97th year of its operation, Milli Re registered a performance demonstrating its accurate strategies and management competence, and recorded TL 660 million in paid-in capital, TL 49,817 million in total assets, TL 26,338 million in shareholders’ equity, TL 16,153 million in total premiums, and TL 9,776 million in net profit for the period. GENERAL INFORMATION FINANCIAL RIGHTS PROVIDED TO THE 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 11