MILLI REASURANS ANNUAL REPORT 2018

Millî Reasürans Türk Anonim Şirketi NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2018 (Currency: Turkish Lira (TL)) (Convenience Translation of Financial Statements and Related Disclosures and Footnotes Originally Issued in Turkish, See Note 2.1.1) Total amount of guarantee that should be placed by the Group for life and non-life branches and guarantees placed for the life and non-life branches in respect of related assets As the Company is a reinsurance company, there is not any guarantee that should be placed. The details given below are the amounts of guarantees for Anadolu Sigorta A.Ş. December 31, 2018 Should be placed (*) Placed Book value Non-life: Bank deposits (Note 14) - 566.555.904 567.003.315 Total 453.845.445 566.555.904 567.003.315 December 31, 2017 Should be placed (*) Placed Book value Non-life: Bank deposits (Note 14) - 483.372.018 483.582.942 Total 380.109.847 483.372.018 483.582.942 (*) Insurance companies and pension companies, which are carrying out activities in life insurance and personal accident insurance branches, are required to allocate their guarantees within two months following capital adequacy calculation periods in accordance with article 7 of Regulation on Financial Structure of Insurance and Reassurance Companies and Pension Companies, regulating allocating and releasing of guarantees. Companies issue capital adequacy statement twice in June and December periods in accordance with “Regulation on Measurement and Review of Capital Adequacy of Insurance and Reassurance and Pension Companies” and submit such statements to Ministry of Treasury and Finance within 2 months. Amounts, which are determined based on calculations, made as of June 30, 2018 (June 30, 2017), are included as “allocable” amounts, since amounts, which are required to be allocated as of December 31, 2018 (December 31, 2017) shall be based on amounts, which are calculated as of June 31, 2018 (June 30, 2017). Total amount of insurance risk on a branch basis Total amount of insurance risk on branch basis for non-life insurance branch is not kept by the Group. Group’s number of life insurance policies, additions, disposals during the year and the related mathematical reserves None. Distribution of new life insurance policyholders in terms of numbers and gross and net premiums as individual or group during the period None. Distribution of mathematical reserves for life insurance policyholders who left the Group’s portfolio as individual or group during the period None. Millî Reasürans Annual Report 2018 232 / Consolidated Financial Statements and Independent Auditors’ Report