ICICI Prudential Life Insurance Company Limited

rs,

April 14, 2026 General Manager Listing Department BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001 Dear Sir/Madam, Subject: Investor presentation Vice President L

₹ 106.41

, profitability and risk & prudence 4 Performance snapshot: FY2026 APE 13M Persistency1 VNB ₹ 106.41 bn 2.2% Y-o-Y growth 2-yr CAGR: 8.5% March 31, 2026: 84.5% March 31, 2025: 89.1% ₹ 26.29 bn 10.9%

2.2%

ity and risk & prudence 4 Performance snapshot: FY2026 APE 13M Persistency1 VNB ₹ 106.41 bn 2.2% Y-o-Y growth 2-yr CAGR: 8.5% March 31, 2026: 84.5% March 31, 2025: 89.1% ₹ 26.29 bn 10.9% Y-o-Y

8.5%

erformance snapshot: FY2026 APE 13M Persistency1 VNB ₹ 106.41 bn 2.2% Y-o-Y growth 2-yr CAGR: 8.5% March 31, 2026: 84.5% March 31, 2025: 89.1% ₹ 26.29 bn 10.9% Y-o-Y growth 24.7% VNB margin RWRP

84.5%

Y2026 APE 13M Persistency1 VNB ₹ 106.41 bn 2.2% Y-o-Y growth 2-yr CAGR: 8.5% March 31, 2026: 84.5% March 31, 2025: 89.1% ₹ 26.29 bn 10.9% Y-o-Y growth 24.7% VNB margin RWRP Claim settlement2 P

89.1%

tency1 VNB ₹ 106.41 bn 2.2% Y-o-Y growth 2-yr CAGR: 8.5% March 31, 2026: 84.5% March 31, 2025: 89.1% ₹ 26.29 bn 10.9% Y-o-Y growth 24.7% VNB margin RWRP Claim settlement2 Profits after tax ₹ 82.

₹ 26.29

VNB ₹ 106.41 bn 2.2% Y-o-Y growth 2-yr CAGR: 8.5% March 31, 2026: 84.5% March 31, 2025: 89.1% ₹ 26.29 bn 10.9% Y-o-Y growth 24.7% VNB margin RWRP Claim settlement2 Profits after tax ₹ 82.06 bn (1.2

10.9%

6.41 bn 2.2% Y-o-Y growth 2-yr CAGR: 8.5% March 31, 2026: 84.5% March 31, 2025: 89.1% ₹ 26.29 bn 10.9% Y-o-Y growth 24.7% VNB margin RWRP Claim settlement2 Profits after tax ₹ 82.06 bn (1.2%) Y-o-Y

24.7%

growth 2-yr CAGR: 8.5% March 31, 2026: 84.5% March 31, 2025: 89.1% ₹ 26.29 bn 10.9% Y-o-Y growth 24.7% VNB margin RWRP Claim settlement2 Profits after tax ₹ 82.06 bn (1.2%) Y-o-Y growth 2-yr CAGR:

₹ 82.06

89.1% ₹ 26.29 bn 10.9% Y-o-Y growth 24.7% VNB margin RWRP Claim settlement2 Profits after tax ₹ 82.06 bn (1.2%) Y-o-Y growth 2-yr CAGR: 6.7% Total premium Cost/ Total Premium3 ₹ 531.25 bn 8.5% Y-o-

1.2%

29 bn 10.9% Y-o-Y growth 24.7% VNB margin RWRP Claim settlement2 Profits after tax ₹ 82.06 bn (1.2%) Y-o-Y growth 2-yr CAGR: 6.7% Total premium Cost/ Total Premium3 ₹ 531.25 bn 8.5% Y-o-Y growth

6.7%

VNB margin RWRP Claim settlement2 Profits after tax ₹ 82.06 bn (1.2%) Y-o-Y growth 2-yr CAGR: 6.7% Total premium Cost/ Total Premium3 ₹ 531.25 bn 8.5% Y-o-Y growth 2-yr CAGR: 10.8% Retail sum

Performance update

1

Performance update

FY2026 April 14, 2026 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: FY2026 APE 13M Persistency1 VNB ₹ 106.41 bn 2.2% Y-o-Y growth 2-yr CAGR: 8.5% March 31, 2026: 84.5% March 31, 2025: 89.1% ₹ 26.29 bn 10.9% Y-o-Y growth 24.7% VNB margin RWRP Claim settlement2 Profits after tax ₹ 82.06 bn (1.2%) Y-o-Y growth 2-yr CAGR: 6.7% Total premium Cost/ Total Premium3 ₹ 531.25 bn 8.5% Y-o-Y growth 2-yr CAGR: 10.8% Retail sum assured Cost/ Total Premium3: Savings ₹ 4,497.74 bn 35.3% Y-o-Y growth 2-yr CAGR: 36.1% FY2026: 99.3% FY2025: 99.3% FY2026: 18.2% FY20