Milli Re 2025 Annual Report

Movement in tangible assets in the period from January 1 to December 31, 2025 and 2024 is presented below: January 1, 2024 Additions Foreign currency translation effect (*) Disposals Revaluation surplus December 31, 2024 Cost : Investment properties (Note 7) 30.000.000 - - (30.000.000) - - Furniture and fixtures 43.187.951 7.894.700 1.428.004 (2.345.849) - 50.164.806 Land vehicles 4.786.494 13.395.172 775.893 (5.562.387) - 13.395.172 Leased Assets 40.132.165 7.191.469 4.692.563 - - 52.016.197 Other Tangible Assets 53.013.225 - - - - 53.013.225 171.119.835 28.481.341 6.896.460 (37.908.236) - 168.589.400 Accumulated depreciation: Furniture and fixtures 17.221.835 8.189.362 1.394.069 (2.341.622) - 24.463.644 Land vehicles 3.809.068 1.477.630 659.237 (5.093.826) - 852.109 Leased Assets 11.477.219 13.794.753 2.224.381 - - 27.496.353 Other Tangible Assets 883.554 10.602.644 - - - 11.486.198 33.391.676 34.064.389 4.277.687 (7.435.448) - 64.298.304 Net Book Value 137.728.159 104.291.096 (*) Foreign currency translation effect resulted from Singapore Branch. As of December 31, 2025, and 2024, there is no mortgage on Company’s tangible assets. 7 Investment properties None (December 31, 2024: None). 167 Notes to the Unconsolidated Financial Statements As of December 31, 2025 Millî Reasürans Türk Anonim Şirketi 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 (Currency: Turkish Lira (TRY)) (Convenience Translation of Financial Statements and Related Disclosures and Footnotes Originally Issued in Turkish)