Statement of deviation(s) or variation(s) under Reg. 32

July 15, 2026 Ref. No: HDFC Life/CA/2026-27/26 Listing Department Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No C/1, Block G, Sir PJ Towers, Bandra-Kurla Complex, Dalal Street, Bandra (East), Fort, Mumbai – 400 051 Mumbai – 400 001 NSE Symbol: HDFCLIFE BSE Security Code: 540777 Dear Sir/ Madam, Sub: Statement of deviation or variation in utilisation of funds raised through Preferential Issue for the quarter ended June 30, 2026 Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the statement of deviation or variation in utilisation of funds raised through preferential issue for the quarter ended June 30, 2026. The said statement has been reviewed by the Audit Committee at its meeting held on July 15, 2026. We further confirm that there has been no deviation or variation in the utilisation of the funds raised through the preferential issue from the objects stated in the explanatory statement to the Postal Ballot Notice. This is for your information and appropriate dissemination. For HDFC Life Insurance Company Limited Nagesh Pai Company Secretary & Compliance Officer Encl.: As above Statement of deviation/ variation in utilisation of funds raised Name of the listed entity HDFC Life Insurance Company Ltd. Mode of fund raising Preferential Issue Date of raising funds June 16, 2026 Amount raised Approx Rs. 1,000 crore Report filed for quarter ended June 30, 2026 Monitoring Agency Not applicable Monitoring Agency Name, if applicable - Is there a deviation/ variation in use of funds raised? No If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved Not applicable by the shareholders If Yes, date of shareholder approval Not applicable Explanation for the deviation/ variation Not applicable Comments of the Audit Committee after review None Comments of the auditors, if any None Objects for which funds have been raised and where there has been a deviation, in the following table: Original Modified Original Modified Funds Amount of deviation/variation Remarks, if any Object Object, if any Allocation allocation, utilised for the quarter according to if any applicable object Not Applicable Deviation or variation could mean: a. Deviation in the objects or purposes for which the funds have been raised or b. Deviation in the amount of funds actually utilized as against what was originally disclosed or c. Change in terms of a contract referred to in the fund raising document i.e. prospectus, letter of offer, etc. Name of Signatory: Nagesh Pai Designation: Company Secretary & Compliance Officer Date: July 15, 2026