Milli Re 2025 Annual Report

With its TSRS-Aligned Sustainability Report for 2024, Milli Re authored a first in the global reinsurance sector. Human Resources Practices Processes have been created for building a corporate structure for sustainability management, clarifying areas of responsibility, and effectively coordinating sustainability practices across the Company. Along this line, with the aim of supporting organizational transformation and contributing to the transformation of the ecosystem we are in, a Sustainability Committee was set up, as well as a Sustainability Reporting Working Group under the Committee, which contributes to the preparation of the TSRS-Aligned Sustainability Report in 2025. The Sustainability Committee is responsible for the primary management and oversight of sustainability practices, while the Sustainability Unit working under the Human Resources and Sustainability Group Directorate has coordination, operational and process-related responsibility for the same. In the reporting period, a Sustainability Policy was established to integrate sustainability issues and sustainability priorities within business processes, along with a Responsible Investment Policy that supports the Sustainability Policy. The Sustainability Policy has been formulated to put forth the Company’s sustainability vision, priority areas, and commitments, and define fundamental principles and targets in relation to various areas such as climate action, efficient use of natural resources, human rights, ethical business practices, and stakeholder participation. Supporting the Sustainability Policy, the Responsible Investment Policy is intended to address environmental, social and governance aspects in investment decisions in an integrated manner. Through these policies, it is targeted to conduct sustainability efforts consistently across the Company, to make their performance measurable, and increase traceability across the organization. With its TSRS-Aligned Sustainability Report for 2024, Milli Re authored a first in the global reinsurance sector. Through the TSRS Report, sustainability performance is shared with the stakeholders in line with transparency and accountability principles, fostering the corporate reliability and responsible governance concepts. With these developments, the Company seeks to further strengthen the innovative and sustainable structure that drives Milli Re into the future, and aims to keep leading the sector and creating lasting value. 36 MİLLİ RE 2025 Annual Report