Max India Limited

7 billion

o, Bupa & Habrok • Our bet is on the fast-emerging Senior Care space in India, which is already a $7 billion market: ― Fastest growing age segment in India – from 157 mn at 11% of population to estimated 347

11%

dia, which is already a $7 billion market: ― Fastest growing age segment in India – from 157 mn at 11% of population to estimated 347 mn at 21% of population by 2050 ― Expected demand for senior’s resid

21%

: ― Fastest growing age segment in India – from 157 mn at 11% of population to estimated 347 mn at 21% of population by 2050 ― Expected demand for senior’s residences in India is expected to be 12X of t

12X

n at 21% of population by 2050 ― Expected demand for senior’s residences in India is expected to be 12X of the current supply ― 3-4X spend on Healthcare by senior households - driven by increased life ex

4X

― Expected demand for senior’s residences in India is expected to be 12X of the current supply ― 3-4X spend on Healthcare by senior households - driven by increased life expectancy and rising awareness

rs,

three business categories for creating an integrated senior care ecosystem. Over the last few years, we have seeded these verticals and gained early success: ― Assets (Residences) – Fast emerging re

90%

and Noida Phase I sold out; – Intergenerational project launched by MEGL at Gurugram in Aug’24 - ~90% sold out within 8 months of launch ― Services (Care Home and Care at home) – While nascent in Ind

Rs. 250 crore

g Health in Q2 FY25 • Improved financial results and well capitalized to pursue the scale-up with ~Rs. 250 crores of assets: ― Revenue at Rs 164 Cr in FY25. EBITDA loss contained at Rs 99.2 Cr in FY25 3 MAX G

Rs 164

results and well capitalized to pursue the scale-up with ~Rs. 250 crores of assets: ― Revenue at Rs 164 Cr in FY25. EBITDA loss contained at Rs 99.2 Cr in FY25 3 MAX GROUP OVERVIEW Max group, a leading

Rs 99.2

scale-up with ~Rs. 250 crores of assets: ― Revenue at Rs 164 Cr in FY25. EBITDA loss contained at Rs 99.2 Cr in FY25 3 MAX GROUP OVERVIEW Max group, a leading conglomerate has a history of spotting early

7.5 Billion

nt areas of business - life insurance, senior care and real estate 01 02 03 04 Mkt. Cap: USD 7.5 Billion Revenues: USD 5.5 billion Customers: ~4 million Employees: ~26,000 Agents: ~125,000 Diversi

5.5 billion

insurance, senior care and real estate 01 02 03 04 Mkt. Cap: USD 7.5 Billion Revenues: USD 5.5 billion Customers: ~4 million Employees: ~26,000 Agents: ~125,000 Diversified business model; Well

“No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.”

“250 crores of assets: ― Revenue at Rs 164 Cr in FY25.”

“• • 40:60 Channel Mix (%) Direct: Partners Project update Collection efficiency ~ 98% ~Rs 10,4001 Sales Realisation Per Sq.ft • Market continues to be positive supported by strong pipeline for Phase 2 and hence the IRR expectancy has been kept as stable.”

“Healthy Mix of 65:35 from Partners: Direct sales Received 10+ referrals through Resident referral program – more engagement events planned Targeting leads through performance marketing; Show apartment ready Estate 360, first intergenerational living community, honoured with “Themed Project of the Year” award at the Realty+ Conclave & Excellence Awards 2024.”

“(ASLL) is proposed to be a Project Manager for Senior Living Towers in this larger development subject to statutory approvals.”

“Target of 30 41 Brand : 6X growth in FB followers in 7 months, good response to our "Fun is Ageless" and "Breaking the age barrier" campaigns; Targets defined for FY26 to support business growth Content Engine Total 500+ till date.”

“Lal PathLabs to provide diagnostic services tailored to meet the needs of seniors • Partnered with Axis Bank to offer Antara’s senior care services and products to its Silver Linings Program customers (~20 lacs customers) • Discussion with Axis Max Life Insurance has been concluded for an Annuity plan which will be offered to Antara customers for financing their stay/other expenses.”

“Surplus investments in Dehradun Project – Rs 85 Cr Other monetisable asset (Greater Noida land parcel) – Rs 40 Cr Investment in residential projects • Gurugram (Rs 33 Cr) • Noida Sector 150 (Rs 25 Cr) • Noida Sector 105 (Rs 7 Cr) Invested capital numbers are as of Mar’25 52 ANNEXURES Max India: Highly experienced and versatile board of directors & leadership team Board of Directors Mr.”

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Model Care Homes and Memory Care Homes Details

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Investor Presentation Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Investor Presentation. The same shall also be available on the website of the Company at www.maxindia.in. You are requested to kindly take the aforesaid on record. Thanking you, Yours faithfully, For Max India Limited Trapti Company Secretary & Compliance Officer Encl.: As above Investor Presentation June 2025 Safe harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Max India Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment what so ever. No offering of securities of the Company will be made except by means of a statutory offering document

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Short Location Care Homes 60-80 60-100 (~10% double occupancy) Memory Care Homes 30-40 40-50 (25% double occupancy) 26 *Includes majorly for Assisted living facilities and transition care is only for short stay 45:55* 80:20 Located in high hospital density areas Located in city outskirts Care homes/memory care homes – encouraging trends and outlook • Consistent increase in leads • ~50% enquirers for understanding the product • ~35% of all our leads are qualified 01 Market Interest and Curiosity Unit break-even at 45-50% occupancy First care homes break-even achieved at 45% occupancy 03 Unit Economics • • • 3-4 Star hotels around our Care Homes are priced from Rs 5,000-7,000 with breakfast • Our pricing of Rs 4,000-6,000 includes all meals, access to care givers and doctor 05 Unmatched Offering 27 02 Competition • Increasing interest in this category from small hotels as well as existing players – especially for Short term stays 04 Show & Tell Inspires Confidence • ~60-65% conversion fr