Please find enclosed transcript of the earnings conference call with investor(s) and analyst(s) for the quarter and half-year ended September 30, 2026

October 19, 2026 The Manager The Manager Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Plot C/1 Dalal Street G Block, Bandra Kurla Complex, Mumbai – 400 001 Mumbai – 400 051 Scrip code: Equity (BSE: 540716/ NSE: ICICIGI) Dear Sir/Madam, Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Transcript of earnings conference call for the quarter and half-year ended September 30, 2026 This is further to our letter dated October 6, 2026 and October 14, 2026, please note that the Company had hosted an earnings conference call with investor(s) and analyst(s) on Wednesday, October 14, 2026 to discuss the financial performance of the Company for the quarter and half-year ended September 30, 2026. In this regard, please find attached transcript of the earnings conference call with investor(s) and analyst(s) for the quarter and half-year ended September 30, 2026. The above information will also be made available on the website of the Company at www.icicilombard.com. You are requested to kindly take the same on your records. Thanking you. Yours Sincerely, For ICICI Lombard General Insurance Company Limited Vikas Mehra Company Secretary Encl. As above ICICI Lombard General Insurance Company Limited IRDA Reg . No. 115 CIN: L67200MH2000PLC129408 You can contact us at: Mailing Address: Registered Office: Toll free No.: 1800 2666 Sixth floor- Interface 16, ICICI Lombard House, 414, Veer Savarkar Marg, Email: customersupport@icicilombard.com Office no 601 & 602, Near Siddhi Vinayak Temple, Prabhadevi, Website: www.icicilombard.com New linking Road, Malad Mumbai - 400 025. west, Mumbai - 400064. ICICI Lombard General Insurance Company Limited Q2 & H1 FY2027 Earnings Conference Call October 14, 2026 Management: Mr. Sanjeev Mantri – MD & CEO, ICICI Lombard Mr. Gopal Balachandran – CFO, ICICI Lombard Mr. Anand Singhi – Chief Corporate, International, Banca, KRG & Government Business, ICICI Lombard Mr. Girish Nayak – Chief Enterprise AI & Technology, ICICI Lombard Mr. Sandeep Goradia – Chief Retail Business Strategy & Solutions Team, ICICI Lombard Mr. Gaurav Arora – Chief Commercial Lines & Motor (Underwriting & Claims), ICICI Lombard Mr. Girish Sehgal - Chief Health UW & Claims, Customer Service & Operations, ICICI Lombard ICICI Lombard General Insurance Company Limited Q2 & H1 FY2027 Earnings Conference Call October 14, 2026 Moderator: Good evening ladies and gentlemen. A very warm welcome to ICICI Lombard General Insurance Company Limited's Q2 and H1 FY2027 Earnings Conference Call. From the senior management we have with us today Mr. Sanjeev Mantri – MD & CEO of the company, Mr. Gopal Balachandran – CFO, Mr. Anand Singhi – Chief Corporate, International, Banca, KRG & Government Business, Mr. Girish Nayak – Chief Enterprise AI & Technology, Mr. Sandeep Goradia – Chief Retail Business Strategy & Solutions Team, Mr. Gaurav Arora – Chief Commercial Lines & Motor (Underwriting & Claims) and Mr. Girish Sehgal - Chief Health UW & Claims, Customer Service. Please note that any statements, comments are made in today's call that may look like forward-looking statements are based on information presently available to the management and do not constitute an indication of any future performance as future involve risks and uncertainties which could cause results to differ materially from the current views being expressed. As a reminder all participant lines will be in the listen only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call please signal an operator by pressing “*” and then “0” on your touchtone phone. I now hand the conference over to Mr. Sanjeev Mantri, MD and CEO, ICICI Lombard General Insurance Company Limited. Thank you and over to you sir. Sanjeev Mantri: Good evening to each one of you. Thank you for joining the earnings conference call of ICICI Lombard General Insurance Company Limited for half year ended September 30, 2026. I would like to commence with an overview of the economic and industry trends followed by our company's performance and key initiatives. Our Chief Financial Officer, Mr. Gopal Balachandran, will then take you through the financial performance for the half year ended September 30, 2026. The domestic economy continued its growth momentum, with real GDP expanding by 7.8% year-on-year in Q1 FY2027. Economic activity remained firm, aided by private consumption, manufacturing growth and investment spending. Supportive monetary and fiscal policies helped cushion the impact of the ongoing conflict in West Asia and broader geopolitical tensions on domestic economic activity. Looking at specific industries in the context of our business, the automobile sector, basis data from VAHAN, continued to witness strong double-digit growth across key segments during H1 FY2027 with total vehicle sales reaching 15.6 mn showing a growth of 21.1%. More importantly, the growth of industry across all segments was higher in Q2 FY2027 than in Q1 FY2027, with the overall growth in Q2 FY2027 being 26.9% against Q1 growth of 16.0%. September 2026 was a particularly strong month, with total vehicle sales growing by 32.0%. This sustained demand provides a healthy base as we enter the key festive months. Bank credit growth remained robust at approximately 19.6% in Q2 FY2027, compared with 17.6% in the preceding quarter. Lending to industry, services and agriculture grew between 15.0% and 20.0%, including approximately 15.0% growth in credit to large industries. These trends indicate broad-based credit demand and supportive financing conditions across both business investment and household consumption which is always a positive for our sector. Talking about regulatory updates, as you would be aware, IRDAI has recently released a landmark consultation paper titled “Recalibrating Economics of Insurance Distribution”, which seeks to address the evolving needs of the insurance sector, with underlying emphasis on transparency, customer trust and distribution efficiency. This is expected to result in simplifying distribution structures, improving accessibility and enhancing customer experience. We believe that the broad objectives outlined in the paper are aligned with the long-term vision of ‘Insurance for All’. Further, the GST Council in its meeting held on October 08, 2026 has recommended further process reforms along with certain measures for trade facilitation and streamlining compliances. Within this, an important clarification relates to removal of restrictions on availing input tax credit (ITC) on Group - Health and Life Insurance. This recommendation will ensure a smoother flow of ITC across the supply chain. Let me now dwell upon the industry performance for the period ended September 30, 2026. The General Insurance Industry continued to demonstrate steady GDPI growth of 8.9% in H1 FY2027, supported by 10.9% in Q1 FY2027 and 7.0% in Q2 FY2027. However, the GDPI growth excluding Crop and Mass Health segments was 12.6% in H1 FY2027. Speaking of specific segments within the industry: • The Commercial lines segment witnessed an improvement in growth trends during Q2 FY2027 as compared to the preceding quarter. Most of the key segments, namely Engineering, Marine, Liability and Miscellaneous i.e. the segments sans Fire insurance, collectively reported a healthy growth of 15.9% for Q2 FY2027. While the Fire segment continued to witness a de-growth of 26.6% for H1 FY2027, the pace of decline moderated to 24.4% in Q2 FY2027 as against 27.8% in Q1 FY2027 with September at a de-growth of only 13.6%. These trends indicate a gradual improvement in the operating environment for Commercial lines, which augurs well for the segment in the coming quarters. • As highlighted earlier, the Motor segment continued to record healthy [Showing first 8,000 characters — download PDF for full document]