Change in Management

Ref. No.: LIC/SE/2026-27/99 Date: September 25, 2026 The Manager, The Manager, Listing Department, Listing Department, BSE Limited, National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Tower, Exchange Plaza, Floor, Plot C/1, Dalal Street, G Block, Bandra Kurla Complex, Mumbai-400001. Mumbai-400051. Scrip Code: 543526 Symbol: LICI Dear Sir/Madam, Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) In continuation of earlier filing vide Ref. No: LIC/SE/2026-27/56 dated June 16, 2026, this is to inform that the Government of India, vide notification Ref: F. No. A-11011/08/2026-Ins. I dated September 24, 2026, has approved the voluntary retirement of Shri Dinesh Pant, Managing Director and Key Managerial Personnel (“KMP”) of Life Insurance Corporation of India (“the Corporation”), with effect from the date of issue of said notification. Accordingly, Shri Dinesh Pant has been relieved from the services of the Corporation on account of his voluntary retirement and has ceased to be the Managing Director and KMP with effect from September 24, 2026 after close of the day. Consequent to the above, Shri Dinesh Pant, ceases to be the Chairperson of the Information Technology Strategy Committee. Accordingly, he also ceases to be the member of the Executive Committee and Investment Committee. The details as required under Regulation 30 of the Listing Regulations read with circulars issued thereunder, from time to time, are enclosed as Annexure – 1. Please take the above information on record and arrange for dissemination. A copy of this intimation is also being made available on the website of the Corporation at www.licindia.in. Yours faithfully, For Life Insurance Corporation of India (Anshul Kumar Singh) Company Secretary & Compliance Officer Encl.: a/a Annexure - 1 Disclosure required pursuant to Regulation 30 of the Listing Regulations read with Para A of Schedule III to the Listing Regulations and the circulars issued thereunder, from time to time, with regard to change in Key Managerial Personnel is given hereunder: S. No. Particulars Information of such event 1 Reason for change viz. Cessation, Cessation of Shri Dinesh Pant as Manager Director Appointment, Resignation, Removal, (KMP) on account of his voluntary retirement from the Superannuation, Death or Otherwise services of the Corporation. 2 Date of Appointment / Cessation & September 24, 2026. Term of appointment 3 Brief Profile (in case of appointment) Not Applicable 4 Disclosure of relationships between Not Applicable directors (in case of appointment of a director)