ICICI Prudential Life Insurance Company Limited

rs,

rgy IT Park, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400025. Regd. Office : ICICI PruLife Towers, 1089, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400025. India. Visit us at www.iciciprulife.com

₹ 104.07

, profitability and risk & prudence 4 Performance snapshot: FY2025 APE 13M Persistency1 VNB ₹ 104.07 bn 15.0% Y-o-Y growth FY2025: 89.1% FY2024: 89.0% ₹ 23.70 bn 6.4% Y-o-Y growth 22.8% VNB margin

15.0%

ty and risk & prudence 4 Performance snapshot: FY2025 APE 13M Persistency1 VNB ₹ 104.07 bn 15.0% Y-o-Y growth FY2025: 89.1% FY2024: 89.0% ₹ 23.70 bn 6.4% Y-o-Y growth 22.8% VNB margin RWRP C

89.1%

erformance snapshot: FY2025 APE 13M Persistency1 VNB ₹ 104.07 bn 15.0% Y-o-Y growth FY2025: 89.1% FY2024: 89.0% ₹ 23.70 bn 6.4% Y-o-Y growth 22.8% VNB margin RWRP Claim settlement2 Profits af

89.0%

shot: FY2025 APE 13M Persistency1 VNB ₹ 104.07 bn 15.0% Y-o-Y growth FY2025: 89.1% FY2024: 89.0% ₹ 23.70 bn 6.4% Y-o-Y growth 22.8% VNB margin RWRP Claim settlement2 Profits after tax ₹ 83.0

₹ 23.70

Y2025 APE 13M Persistency1 VNB ₹ 104.07 bn 15.0% Y-o-Y growth FY2025: 89.1% FY2024: 89.0% ₹ 23.70 bn 6.4% Y-o-Y growth 22.8% VNB margin RWRP Claim settlement2 Profits after tax ₹ 83.07 bn 15.2

6.4%

13M Persistency1 VNB ₹ 104.07 bn 15.0% Y-o-Y growth FY2025: 89.1% FY2024: 89.0% ₹ 23.70 bn 6.4% Y-o-Y growth 22.8% VNB margin RWRP Claim settlement2 Profits after tax ₹ 83.07 bn 15.2% Y-o-Y

22.8%

VNB ₹ 104.07 bn 15.0% Y-o-Y growth FY2025: 89.1% FY2024: 89.0% ₹ 23.70 bn 6.4% Y-o-Y growth 22.8% VNB margin RWRP Claim settlement2 Profits after tax ₹ 83.07 bn 15.2% Y-o-Y growth Total prem

₹ 83.07

89.0% ₹ 23.70 bn 6.4% Y-o-Y growth 22.8% VNB margin RWRP Claim settlement2 Profits after tax ₹ 83.07 bn 15.2% Y-o-Y growth Total premium Cost/TWRP: Savings3 ₹ 489.51 bn 13.2% Y-o-Y growth Retail

15.2%

.70 bn 6.4% Y-o-Y growth 22.8% VNB margin RWRP Claim settlement2 Profits after tax ₹ 83.07 bn 15.2% Y-o-Y growth Total premium Cost/TWRP: Savings3 ₹ 489.51 bn 13.2% Y-o-Y growth Retail sum assu

₹ 489.51

ettlement2 Profits after tax ₹ 83.07 bn 15.2% Y-o-Y growth Total premium Cost/TWRP: Savings3 ₹ 489.51 bn 13.2% Y-o-Y growth Retail sum assured Cost/Total premium ₹ 3,324.49 bn 37.0% Y-o-Y growth F

13.2%

rofits after tax ₹ 83.07 bn 15.2% Y-o-Y growth Total premium Cost/TWRP: Savings3 ₹ 489.51 bn 13.2% Y-o-Y growth Retail sum assured Cost/Total premium ₹ 3,324.49 bn 37.0% Y-o-Y growth FY2025: 99

Performance update

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Performance update

FY2025 April 15, 2025 Agenda • Company strategy & performance • Opportunity & industry overview Agenda • Company strategy & performance • Opportunity & industry overview 3C Framework Customer centricity Competency Catalyst People Tech Analytics ESG integrated with business management Comprehensive product suite Customer centricity Diversified distribution Operational efficiency Risk & Prudence Deliver sustainable VNB growth by balancing business growth, profitability and risk & prudence 4 Performance snapshot: FY2025 APE 13M Persistency1 VNB ₹ 104.07 bn 15.0% Y-o-Y growth FY2025: 89.1% FY2024: 89.0% ₹ 23.70 bn 6.4% Y-o-Y growth 22.8% VNB margin RWRP Claim settlement2 Profits after tax ₹ 83.07 bn 15.2% Y-o-Y growth Total premium Cost/TWRP: Savings3 ₹ 489.51 bn 13.2% Y-o-Y growth Retail sum assured Cost/Total premium ₹ 3,324.49 bn 37.0% Y-o-Y growth FY2025: 99.3% FY2024: 99.2% FY2025: 15.4% FY2024: 15.8% FY2025: 18.1% FY2024: 18.2% ₹ 11.89 bn 39.6% Y-o-Y growth Embedded value4 ₹ 479.51 b

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Application (Savings policy) Post login stage» Alert to sales manager for at-risk policies Renewal campaigns» Proactively contacting customers 57%* reduction in cases with higher propensity for fraud claims Continued investment in data science & analytics AI: Artificial Intelligence; ML: Machine Learning *For savings policies in the period October 2023 to March 2025 39 Integrating ESG into business management Environmental Social Governance ESG rating by MSCI • Environment Focus areas • Human capital • Responsible investing • Access to finance • CSR AA AA A A • Governance & business ethics • Data privacy & security B 2020 2021 2022 2023 2024 • Highest rated Indian insurer as per two of the leading ESG rating agencies • ESG framework approved by the Board • Board Sustainability & CSR Committee oversees ESG aspects; Executive Sustainability Steering Committee integrates ESG into business processes • LEED3 Platinum certificate (green building rating) received for Company’s headquarter • C