Milli Re 2025 Annual Report

December 31, 2025 December 31, 2024 Türkiye Sigorta A.Ş 49.172.848 15.012.056 Anadolu Sigorta 40.212.339 14.924.440 Other 6.367.951 (1.022.723) Other income 95.753.138 28.913.773 Türkiye Sigorta A.Ş 11.169.911 8.918.593 Axa Sigorta A.Ş. 6.810.107 1.469.703 Other 8.980.130 2.673.539 Other expenses 26.960.148 13.061.835 46 Subsequent events None. 47 Other Items and amounts classified under the “other” account in financial statements either exceeding 20% of the total amount of the group to which they relate or 5% of the total assets in the balance sheet Other Technical Income (After Deducting Reinsurance Share) December 31, 2025 December 31, 2024 Life Non-Life Life Non-Life Foreign Exchange Gains Arising from Technical Operations 2.834.884 1.455.791.654 467.692 802.411.274 Other - 49.704.552 400 83.908.232 Total 2.834.884 1.505.496.206 468.092 886.319.506 Payables to employees and receivables from employees presented under accounts, “other receivables” and “other short or long term payables”, and which have balance more than 1% of the total assets None. Subrogation recorded in “Off-Balance Sheet Accounts” None. Real rights on immovable and their values None. Explanatory note for the amounts and nature of previous years’ income and losses None. 197 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)