Outcome of Board Meeting

July 15, 2026 Ref. No: HDFC Life/CA/2026-27/24 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: Outcome of the Board Meeting held on July 15, 2026 We wish to inform that the Board of Directors of the Company (“Board”) at their meeting held today i.e. Wednesday, July 15, 2026, have inter‐alia approved the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. In terms of Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations), please find enclosed herewith above-mentioned financial results along with the Limited Review Reports for the quarter ended June 30, 2026. The meeting of the Board commenced at 1.15 p.m. and concluded at 3.35 p.m. (IST) This is for your information and appropriate dissemination. For HDFC Life Insurance Company Limited Nagesh Pai Company Secretary & Compliance Officer Encl.: As above B S R & Co. LLP G. M. Kapadia & Co. Chartered Accountants Chartered Accountants 14th Floor, Central B Wing and North C Wing, 1007, Raheja Chambers, Nesco IT Park 4, Nesco Center, 213 Free Press Journal Marg, Western Express Highway Nariman Point Goregaon (East) Mumbai – 400 021 Mumbai – 400 063 India Telephone +91 22 6257 1000 Telephone +91 22 6611 6611 Fax +91 22 6257 1010 Fax +91 22 6611 6600 Limited Review Report on statement of unaudited standalone financial results of HDFC Life Insurance Company Limited for the quarter ended 30 June 2026 pursuant to Regulation 33 and Regulation 52(4) read with Regulation 63 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended read with the Insurance Regulatory and Development Authority of India’s circular bearing reference no: IRDAI/F&I/REG/CIR/208/10/2016 dated 25 October 2016. To The Board of Directors of HDFC Life Insurance Company Limited 1. We have reviewed the accompanying statement of unaudited standalone financial results of HDFC Life Insurance Company Limited (the “Company”) for the quarter ended 30 June 2026, being submitted by the Company pursuant to the requirement of Regulation 33 and Regulation 52(4) read with Regulation 63 of the Securities and Exchange Board of India (“SEBI”) (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations”) and the Insurance Regulatory and Development Authority of India (“IRDAI/ Authority”) Circular reference no. IRDAI/F&I/REG/CIR/208/10/2016 dated 25 October 2016 (“IRDAI Circular”) (the “Standalone Financial Results”). 2. This Standalone Financial Results, which is the responsibility of the Company’s Management and approved by the Board of Directors, has been prepared in accordance with the requirements of recognition and measurement principles laid down in Accounting Standard 25 “Interim Financial Reporting” (“AS 25”), as prescribed under Section 133 of the Companies Act, 2013 (the “Act”), applicable rules thereto along with the accounting principles generally accepted in India, read with the accounting and presentation principles as prescribed in the relevant provisions of the Insurance Act, 1938 (the “Insurance Act”) as amended from time to time, the Insurance Regulatory and Development Authority Act, 1999 (the “IRDA Act”) as amended from time to time, and Insurance Regulatory and Development Authority of India (Actuarial, Finance and Investment Functions of Insurers) Regulations, 2024 (the “Regulations”) and orders/directions/circulars issued by IRDAI, and has been presented in accordance with the presentation and disclosure requirements prescribed as per the IRDAI Circular and the Listing Regulations, to the extent applicable. Our responsibility is to issue a report on these Standalone Financial Results based on our review. 3. We conducted our review of the Standalone Financial Results in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Standalone Financial Results are free of material misstatement. A review is limited primarily to inquiries of the Company personnel and Page 1 of 2 B S R & Co. LLP G. M. Kapadia & Co. analytical procedures applied to financial data and thus provide less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. 4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Standalone Financial Results prepared in accordance with the requirements of the recognition and measurement principles laid down in AS 25, as prescribed under Section 133 of the Act, applicable rules thereto along with the other accounting principles generally accepted in India, read with the accounting and presentation principles as prescribed in the relevant provisions of the Insurance Act, the IRDA Act and the Regulations, orders/directions/circulars issued by the IRDAI to the extent applicable and other recognized accounting practices and policies, has not disclosed the information required to be disclosed in terms of Regulation 33 and Regulation 52(4) read with Regulation 63 of the Listing Regulations and the IRDAI Circular, including the manner in which it is to be disclosed, or that it contains any material misstatement. Other Matters 5. The actuarial valuation of liabilities for life policies in force and for policies in respect of which premium has been discontinued but liability exists as at 30 June 2026 is the responsibility of the Company’s Appointed Actuary (the “Appointed Actuary”). The actuarial valuation of these liabilities for life policies in force and for policies in respect of which premium has been discontinued but liability exists as at 30 June 2026 has been duly certified by the Appointed Actuary and in her opinion, the assumptions for such valuation are in accordance with the guidelines and norms issued by the IRDAI and the Institute of Actuaries of India in concurrence with the Authority. We have relied upon the Appointed Actuary’s certificate in this regard during our review of the valuation of liabilities for life policies in force and for policies in respect of which premium has been discontinued but liability exists, as contained in the Standalone Financial Results of the Company. Our conclusion is not modified in respect of this matter. 6. Attention is drawn to the fact that the figures for the three months ended 31 March 2026 as reported in the Standalone Financial Results are the balancing figures between audited figures in respect of the full previous financial year and the published year to date figures up to the third quarter of the previous financial year. The figures up to the end of the third quarter of previous financial year had only been reviewed and not subjected to audit. For B S R & Co. LLP For G. M. Kapadia & Co. Chartered Accountants Chartered Accountants Firm’s Registration No:101248W/W-100022 Firm’s Registration No: 104767W Kapil Goenka Atul Shah Partner Partner Membership No: 118189 Membership No: 039569 UDIN: 26118189RONWTR3079 UDIN: 26039569LYEAKO5769 Place: Mumbai Place: Mumbai Date: 15 July 2026 Date: 15 July 2026 Page 2 of 2 HDFC Life Insurance Company Limited Statement of Standalone Unaudited Results for the Quarter ended June 30, 2026 Year ended / Three Months ended / As at As at Particulars No. June 30, March 31, June 30, March 31, 2026 2026 2025 2026 (Unaudited) (Unaudited) (Unaudited) (Audited) POLICYHOLDERS' A/C 1 Gross prem [Showing first 8,000 characters — download PDF for full document]