ESG Remuneration Policy

ESG CRITERIA IN REMUNERATION FOR BOARD OF DIRECTORS AND SENIOR EXECUTIVES

The remuneration policy of Türkiye Sigorta's Board Members and Senior Executives is structured in accordance with the long-term goals of the company. This policy aims to provide a fair, competitive and sustainable rewarding system by taking into account not only financial success but also environmental, social and governance (ESG) performance.

The Board of Directors and Senior Executives demonstrate their performance in line with ESG targets set each year. These targets are in line with Türkiye Sigorta's sustainability strategies and include elements such as minimising environmental impacts, supporting social responsibility projects and implementing governance principles. In the evaluations made at the end of the year, performance measurements are made by taking into account the success of these ESG criteria.

ESG performance targets include sustainability activities such as reducing carbon footprint, increasing energy efficiency and contributing to social responsibility projects. The Board of Directors and senior management present their efforts to realise these targets in annual performance evaluations.

The remuneration policy aims to incentivise ESG performance while observing the wage balance within the company and market competition. While fixed salaries of senior executives are determined in line with market conditions, Türkiye Sigorta's size and sustainable growth targets, variable salaries are shaped based on the success of ESG criteria and individual performance.

The members of the Board of Directors may be paid attendance fees, salaries, bonuses, premiums and shares from the annual profit, provided that the amount is determined by the Articles of Association or by a resolution of the General Assembly.  The General Assembly shall determine the amount of remuneration to be paid to the members of the Board of Directors. The General Assembly shall determine the remuneration of the Board of Directors and their rights such as attendance fees, bonuses and premiums.

As a result, Türkiye Sigorta implements a remuneration system that aims to reward the Board of Directors and Senior Executives' achievement of sustainability targets and strategic success by taking ESG criteria into consideration.

This policy was approved and entered into force with the Board of Directors' resolution numbered 03.03.2025 and 18.

The current version of the policy is available on the website.