ICICI Prudential Life Insurance Company Limited

rs,

October 14, 2025 General Manager Listing Department BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001 Dear Sir/Madam, Subject: Investor presentation Vice President L

₹ 42.86

rofitability and risk & prudence 4 Performance snapshot: H1-FY2026 APE 13M Persistency1 VNB ₹ 42.86 bn (4.1%) Y-o-Y growth 2-yr CAGR: 10.3% September 30, 2025: 85.3% September 30, 2024: 89.8% ₹ 10.

4.1%

and risk & prudence 4 Performance snapshot: H1-FY2026 APE 13M Persistency1 VNB ₹ 42.86 bn (4.1%) Y-o-Y growth 2-yr CAGR: 10.3% September 30, 2025: 85.3% September 30, 2024: 89.8% ₹ 10.49 bn (0

10.3%

rmance snapshot: H1-FY2026 APE 13M Persistency1 VNB ₹ 42.86 bn (4.1%) Y-o-Y growth 2-yr CAGR: 10.3% September 30, 2025: 85.3% September 30, 2024: 89.8% ₹ 10.49 bn (0.9%) Y-o-Y growth 24.5% VNB mar

85.3%

APE 13M Persistency1 VNB ₹ 42.86 bn (4.1%) Y-o-Y growth 2-yr CAGR: 10.3% September 30, 2025: 85.3% September 30, 2024: 89.8% ₹ 10.49 bn (0.9%) Y-o-Y growth 24.5% VNB margin RWRP Claim settlemen

89.8%

B ₹ 42.86 bn (4.1%) Y-o-Y growth 2-yr CAGR: 10.3% September 30, 2025: 85.3% September 30, 2024: 89.8% ₹ 10.49 bn (0.9%) Y-o-Y growth 24.5% VNB margin RWRP Claim settlement2 Profits after tax ₹ 32

₹ 10.49

2.86 bn (4.1%) Y-o-Y growth 2-yr CAGR: 10.3% September 30, 2025: 85.3% September 30, 2024: 89.8% ₹ 10.49 bn (0.9%) Y-o-Y growth 24.5% VNB margin RWRP Claim settlement2 Profits after tax ₹ 32.84 bn (10

0.9%

%) Y-o-Y growth 2-yr CAGR: 10.3% September 30, 2025: 85.3% September 30, 2024: 89.8% ₹ 10.49 bn (0.9%) Y-o-Y growth 24.5% VNB margin RWRP Claim settlement2 Profits after tax ₹ 32.84 bn (10.4%) Y-o

24.5%

r CAGR: 10.3% September 30, 2025: 85.3% September 30, 2024: 89.8% ₹ 10.49 bn (0.9%) Y-o-Y growth 24.5% VNB margin RWRP Claim settlement2 Profits after tax ₹ 32.84 bn (10.4%) Y-o-Y growth 2-yr CAGR:

₹ 32.84

9.8% ₹ 10.49 bn (0.9%) Y-o-Y growth 24.5% VNB margin RWRP Claim settlement2 Profits after tax ₹ 32.84 bn (10.4%) Y-o-Y growth 2-yr CAGR: 11.7% H1-FY2026: 99.3% H1-FY2025: 99.3% ₹ 6.01 bn 26.0% Y-o-Y

10.4%

9 bn (0.9%) Y-o-Y growth 24.5% VNB margin RWRP Claim settlement2 Profits after tax ₹ 32.84 bn (10.4%) Y-o-Y growth 2-yr CAGR: 11.7% H1-FY2026: 99.3% H1-FY2025: 99.3% ₹ 6.01 bn 26.0% Y-o-Y growth

11.7%

VNB margin RWRP Claim settlement2 Profits after tax ₹ 32.84 bn (10.4%) Y-o-Y growth 2-yr CAGR: 11.7% H1-FY2026: 99.3% H1-FY2025: 99.3% ₹ 6.01 bn 26.0% Y-o-Y growth Total premium Cost/ Total Pr

Performance update

1

Performance update

H1-FY2026 October 14, 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: H1-FY2026 APE 13M Persistency1 VNB ₹ 42.86 bn (4.1%) Y-o-Y growth 2-yr CAGR: 10.3% September 30, 2025: 85.3% September 30, 2024: 89.8% ₹ 10.49 bn (0.9%) Y-o-Y growth 24.5% VNB margin RWRP Claim settlement2 Profits after tax ₹ 32.84 bn (10.4%) Y-o-Y growth 2-yr CAGR: 11.7% H1-FY2026: 99.3% H1-FY2025: 99.3% ₹ 6.01 bn 26.0% Y-o-Y growth Total premium Cost/ Total Premium3 Embedded value4 ₹ 212.51 bn 9.2% Y-o-Y growth 2-yr CAGR: 9.3% H1-FY2026: 19.2% H1-FY2025: 22.0% ₹ 505.01 bn