Milli Re 2025 Annual Report

Anadolu Anonim Türk Sigorta Şirketi Undertaking insurance and reinsurance activities in non-life branches, Anadolu Sigorta was founded in 1925 at the initiative of Mustafa Kemal Atatürk, the founder of the Turkish Republic, and under the leadership of İşbank, Turkey’s first national bank. Pioneering its sector ever since its incorporation, Anadolu Sigorta is committed to offering only high-quality products and services and to ensuring their continuity with its experienced and expert teams, solid technological and financial infrastructure, continuous development and improvement understanding, and extensive network of expert agents. Anadolu Sigorta’s shares are quoted on Borsa İstanbul (BİST) Stars Market under the ticker symbol “ANSGR”. 42.7% of Anadolu Sigorta is publicly held, while 57.31% belongs to Millî Reasürans T.A.Ş. and 7% belongs to Trakya Yatırım Holding A.Ş. Headquartered in İstanbul, Anadolu Sigorta brings its products to its customers via regional offices in İstanbul (2), Ankara, Adana, Antalya, Bursa, Samsun, Trabzon, Konya, and İzmir, a sales office in Gaziantep, a branch in the Turkish Republic of Northern Cyprus, and 3,138 professional agencies as of year-end 2025. Anadolu Sigorta uses bank branches, mainly those of İşbank, within its bancassurance network as a fundamental distribution channel of its services. Besides all İşbank branches, TSKB, A&T Bank, Alternatifbank, Albaraka Türk Participation Bank, QNB Bank and Tera Bank branches serve as Anadolu Sigorta agencies. In 2025, Anadolu Sigorta increased its total premium production by 41% year-on-year to TL 97.9 billion and controls a 9.37% share of the overall market among non-life companies. The highest premium generator for Anadolu Sigorta in 2025 has been the Fire and Natural Disasters branch with TL 20,238 million, followed in order by Health with TL 20,012 million, Land Vehicles Liability with TL 19,564 million, and Land Vehicles with TL 18,970 million. According to its unconsolidated financial statements, Anadolu Sigorta’s total assets reached TL 134.4 billion at the end of 2025, up by 40% year-on-year, while its shareholders’ equity reached TL 41.3 billion with an annual rise by 35%. Booking a net profit of TL 12.7 billion in 2025 that went up by 17% as compared to the previous year, Anadolu Sigorta successfully achieved its sustainable profit target also in 2025. 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 199 Information on Consolidated Subsidiaries