Milli Re 2025 Annual Report

The related party balances as of December 31, 2025 and 2024 are as follows: December 31, 2025 December 31, 2024 Türkiye İş Bankası A.Ş. 4.686.377.144 3.210.239.301 İş Yatırım Menkul Değerler A.Ş. 7 - Banks 4.686.377.151 3.210.239.301 Equity shares of the related parties (Note 11) 928.628.812 785.142.798 Bonds issued by Türkiye Şişe ve Cam Fabrikaları A.Ş (Note 11) 103.614.500 108.640.500 Investment funds founded by İş Portföy Yönetimi A.Ş. ( Note 11) 1.329.413.796 1.426.564.832 Bond issued by Türkiye İş Bankası A.Ş. (Note 11) - 165.457.600 Investment funds founded by Maxis Girişim Sermayesi Portföy Yönetimi A.Ş. (Note 11) 294.655.507 226.392.248 Bond issued by İş Gayrimenkul Yatırım Ortaklığı A.Ş. (Note 11) 100.000.000 21.715.200 Bond issued by İş Faktoring A.Ş.(Note 11) 233.268.000 216.342.000 Bond issued by İş Finansal Kiralama A.Ş. (Not 11) 844.690.500 - Bond issued by İş Yatırım Menkul Değerler A.Ş. 69.271.500 - Financial assets 3.903.542.615 2.950.255.178 Türkiye Sigorta A.Ş. 559.474.251 358.710.042 Anadolu Hayat 36.283.077 25.813.210 Anadolu Sigorta - 84.761.198 Other 861.873 1.770.461 Receivables from main operations 596.619.201 471.054.911 Due from subsidiaries (Miltaş) 2.629.551 190.467.198 Due from related parties 2.629.551 190.467.198 Due to shareholders 337.812 156.859 Due to Personnel 31.876 6.277 Due to subsidiaries 55.091 - Due to other related parties 300.181 2.283.093 Due to related parties 724.960 2.446.229 Anadolu Sigorta 56.091.187 17.414 Axa Sigorta A.Ş. 16.999.069 10.325.202 HDI Sigorta A.Ş. 5.928.597 13.598.687 Allianz Sigorta A.Ş. 4.638.201 4.843.514 Other 5.729.825 9.712.162 Payables from main operations 89.386.879 38.496.979 No guarantees have been taken against receivables from related parties. 195 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)