Milli Re 2025 Annual Report

The net provisions for incurred but not reported claims of Anadolu Sigorta as of December 31, 2025, and 2024, broken down by branch, are as follows: December 31, 2025 Branches Net outstanding claims provision before discount Discount amount Discounted net outstanding claim provision Motor Third Party Liability 31.121.059.241 (14.902.162.766) 16.218.896.475 General Liability 10.694.388.320 (5.875.846.325) 4.818.541.995 Fire and Natural Disasters 3.489.662.559 (454.190.256) 3.035.472.303 Land Vehicles 2.037.274.675 (129.750.857) 1.907.523.818 General Losses 908.271.217 (177.333.868) 730.937.349 Sea Vehicles 906.192.958 (185.883.269) 720.309.689 Marine 605.320.092 (149.812.643) 455.507.449 Life/Health 428.701.063 (18.549.116) 410.151.947 Air Vehicles 213.796.659 (55.399.613) 158.397.046 Surety 113.196.796 (47.008.999) 66.187.797 Accident 355.409.697 (111.892.713) 243.516.984 Financial Losses 246.831.584 (41.471.804) 205.359.780 Air Vechicles Liability 99.890.471 (28.333.198) 71.557.273 Credit 62.819.115 (19.754.885) 43.064.230 Legal Protection 10.352.166 (3.423.494) 6.928.672 Total 51.293.166.613 (22.200.813.806) 29.092.352.807 December 31, 2024 Branches Net outstanding claims provision before discount Discount amount Discounted net outstanding claim provision Motor Third Party Liability 21.305.086.789 (11.438.198.237) 9.866.888.552 General Liability 7.749.047.300 (5.104.495.948) 2.644.551.352 Fire and Natural Disasters 2.869.469.172 (426.222.201) 2.443.246.971 Land Vehicles 1.760.457.321 (127.804.247) 1.632.653.074 General Liability 769.489.322 (168.629.938) 600.859.384 Sea Vehicles 727.076.566 (171.019.900) 556.056.666 Marine 514.794.695 (146.704.714) 368.089.981 Life/Health 291.072.085 (14.744.706) 276.327.379 Air Vechicles 255.761.135 (74.814.251) 180.946.884 Surety 272.433.401 (124.937.390) 147.496.011 Accident 226.099.194 (85.560.614) 140.538.580 Financial Losses 119.291.889 (22.938.379) 96.353.510 Air Vechicles Liability 96.335.368 (30.677.108) 65.658.260 Credit 46.714.843 (16.145.195) 30.569.648 Legal Protection 4.795.048 (1.775.256) 3.019.792 Total 37.007.924.128 (17.954.668.084) 19.053.256.044 251 Notes to the Consolidated 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)