Milli Re 2025 Annual Report

Management of the liquidity risk The Group considers the maturity match between asset and liabilities for the purpose of avoiding liquidity risk and ensure that it will always have sufficient liquidity to meet its liabilities when due . To mitigate liquidity risk, maturity matching between assets and liabilities is maintained, and liquid assets are held in order to ensure that any potential liquidity needs can be fully met . Maturity distribution of monetary assets and liabilities: December 31, 2025 Book value Up to 1 month 1 to 3 months 3 to 6 months 6 to 12 months Over 1 year Assets Cash and cash equivalents 41.595.962.717 21.441.704.797 18.417.844.067 1.309.567.468 426.846.385 - Financial assets (*) 59.887.513.211 27.761.465.476 1.565.662.983 1.127.473.555 2.737.775.885 26.695.135.312 Receivables from main operations 30.459.658.908 2.943.629.851 5.988.073.077 5.108.869.676 16.022.148.184 396.938.120 Other receivables and current assets 1.421.192.459 988.222.486 58.279.912 88.144.489 263.420.066 23.125.506 Total monetary assets 133.364.327.295 53.135.022.610 26.029.860.039 7.634.055.188 19.450.190.520 27.115.198.938 Liabilities Financial liabilities 166.515.234 2.331.466 4.467.239 6.239.484 27.320.333 126.156.712 Payables arising from main operations 11.192.108.075 417.890.849 1.377.418.747 1.486.899.997 7.909.898.482 - Due to related parties 3.100.026 3.100.026 - - - - Other liabilities 1.233.699.614 812.488.186 360.585.732 - 60.625.696 - Outstanding Claims Reserve - Net (**) 43.024.992.398 3.752.858.020 6.915.701.235 7.427.229.659 11.291.571.298 13.637.632.186 Provisions for taxes and other similar obligations 2.471.054.122 1.247.925.788 1.223.128.334 - - - Provisions for other risks and expense accruals 3.478.107.272 70.723.093 480.892.061 227.039.400 1.341.271.565 1.358.181.153 Total monetary liabilities 61.569.576.741 6.307.317.428 10.362.193.348 9.147.408.540 20.630.687.374 15.121.970.051 (*) Equity shares amounting to TRY 4.048.685.452 are not included.. (**) Provisions for outstanding claims are subject to maturity distribution, taking into account the estimated payment dates, and all of the provisions for outstanding claims are presented under current liabilities in the accompanying consolidated financial statements. Provisions for outstanding claims that could not be distributed consistently are shown in the “more than 1 year” column. 269 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)