HDFC Life Insurance Company Limited

rs,

andra-Kurla Complex, Bandra (East), Mumbai- 400 051 Listing Department BSE Limited Sir PJ Towers, Dalal Street, Fort, Mumbai – 400 001 NSE Symbol: HDFCLIFE BSE Security Code: 540777 Dear Sir

18%

QUARTER ENDED JUNE 30, 2023 BSE Code: 540777 NSE Code: HDFCLIFE Value of new business grew by 18% aided by robust premium (APE) growth of 13%; Overall market share (Individual WRP) expansion to 10

13%

7 NSE Code: HDFCLIFE Value of new business grew by 18% aided by robust premium (APE) growth of 13%; Overall market share (Individual WRP) expansion to 10.6% • Private market share of 16.4% compare

10.6%

8% aided by robust premium (APE) growth of 13%; Overall market share (Individual WRP) expansion to 10.6% • Private market share of 16.4% compared to 15.8% last year • Retail protection APE up by 45% •

16.4%

rowth of 13%; Overall market share (Individual WRP) expansion to 10.6% • Private market share of 16.4% compared to 15.8% last year • Retail protection APE up by 45% • Strong PAT growth of 15% to Rs 41

15.8%

rall market share (Individual WRP) expansion to 10.6% • Private market share of 16.4% compared to 15.8% last year • Retail protection APE up by 45% • Strong PAT growth of 15% to Rs 415 crore • 34% gro

45%

10.6% • Private market share of 16.4% compared to 15.8% last year • Retail protection APE up by 45% • Strong PAT growth of 15% to Rs 415 crore • 34% growth in number of lives covered; 73% growth in

15%

are of 16.4% compared to 15.8% last year • Retail protection APE up by 45% • Strong PAT growth of 15% to Rs 415 crore • 34% growth in number of lives covered; 73% growth in sum assured • Indian Embe

Rs 415 crore

16.4% compared to 15.8% last year • Retail protection APE up by 45% • Strong PAT growth of 15% to Rs 415 crore • 34% growth in number of lives covered; 73% growth in sum assured • Indian Embedded Value at Rs

34%

o 15.8% last year • Retail protection APE up by 45% • Strong PAT growth of 15% to Rs 415 crore • 34% growth in number of lives covered; 73% growth in sum assured • Indian Embedded Value at Rs 41,843

73%

APE up by 45% • Strong PAT growth of 15% to Rs 415 crore • 34% growth in number of lives covered; 73% growth in sum assured • Indian Embedded Value at Rs 41,843 crore • AUM crossed Rs 2.5 lakh crore

Rs 41,843 crore

re • 34% growth in number of lives covered; 73% growth in sum assured • Indian Embedded Value at Rs 41,843 crore • AUM crossed Rs 2.5 lakh crore in Q1 FY24 • Declared highest ever bonus of Rs 3,660 crore to mor

“HDFC Life ESG Report HDFC Life Sustainability Factsheet 27 27 Financial and operational snapshot (1/2) Q1 FY24 Q1 FY23 Growth FY23* FY22 FY21 CAGR Rs bn.”

“The Company does not intend to register any securities in the United States.”

“Although Company believes that such forward‐looking statements are based on reasonable assumptions, it can give no assurance that your expectations will be met.”

Ratio

1

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1

Ratio

90.7% 99.7% constituted under the investment team for integration of ESG factors in the fund management process and engagement with the investee companies • Asset classes covered under RI: Equity and equity-related securities, Alternate Investment Funds (AIFs), Investment Trusts, Corporate Bonds • Materiality Assessment conducted as per GRI Universal Standard 2021 • Featured in the ‘Leadership’ category in the list of Indian Corporate Governance Scorecard HDFC Life scored 79 percentile in the 2022 S&P Global Corporate Sustainability Assessment

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HDFC Life ESG Report HDFC Life Sustainability Factsheet 27 27 Financial and operational snapshot (1/2) Q1 FY24 Q1 FY23 Growth FY23* FY22 FY21 CAGR Rs bn. New Business Premium (Indl. + Group) Renewal Premium (Indl. +Group) Total Premium Individual APE Overall APE Profit after Tax - Policyholder Surplus - Shareholder Surplus Dividend Paid Assets Under Management Indian Embedded Value Net Worth 58.7 58.0 49.5 51.0 116.7 100.5 18.8 23.3 4.2 2.1 2.0 -(1) 16.9 20.6 3.6 2.4 1.2 3.6 2,533.0 2,134.1 418.4 324.7 19% 14% 16% 12% 13% 15% -12% 72% NA 19% 29% 35% 34% 290.9 241.5 201.1 284.5 218.1 184.8 575.3 459.6 385.8 114.0 81.7 133.4 13.6 5.9 7.7 3.6 97.6 12.1 4.4 7.7 4.1 71.2 83.7 13.6 7.3 6.3 - 2,387.8 2,041.7 1,738.4 395.3 329.6 266.2 129.7 154.0 84.3 68.5 54.1 39.8 19% 23% 21% 23% 22% 2% -18% 55% NA 23% 24% 23% 4% 6% NB (Individual and Group segment) lives insured (Mn.) 16.4 (2) 133.9 99.5 12.2 No. of Individual Policies (NB) sold (In 000s) 206.9 190.6 9% 1,054.1 915.1 982.0 1. Excludes impac