Disclosure under Regulation 30 and 51 read with Schedule III of SEBI Listing Regulations

October 20, 2026 Listing Department Listing Department BSE Limited, National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, ‘Exchange Plaza’, Dalal Street, Bandra-Kurla Complex, Mumbai 400 001 Bandra (East), Mumbai 400 051 Dear Sir/Madam, Subject: Update on disclosure under Regulation 30 and Regulation 51 read with Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations) We refer to our intimation dated September 27, 2024, pertaining to receipt of an order under Section 143(3) of Income Tax Act, 1961, from the Assistant Commissioner of Income Tax, Mumbai, for Assessment Year 2023. In this regard, please be informed that the Company has received an order under Section 154 of the Income Tax Act, 1961 from the Assistant Commissioner of Income Tax, Mumbai for Assessment Year 2023 on October 19, 2026 at 6:23 P.M. The details as required under Regulation 30(13) of the SEBI Listing Regulations read with the Industry Standards Note are enclosed herewith as Annexure A. We further state and declare that the information and details provided in Annexure A, in compliance with Regulation 30(13) of the SEBI Listing Regulations, is true, correct and complete to the best of our knowledge and belief. Please take the same on records. Thanking you, Yours sincerely, For ICICI Life Insurance Limited (Formerly known as ICICI Prudential Life Insurance Company Limited) Priya Nair Company Secretary ACS 17769 Encl.: As above CC: Axis Trustee Services Limited, Debenture Trustee ICICI Life Insurance Limited (Formerly known as: ICICI Prudential Life Insurance Company Limited) Regd. Office: ICICI Prulife Towers, 1089, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400025, India. Phone: +91 22 4039 1600 | Email: corporate@icicilife.com | Visit us at www.icicilife.com | CIN: L66010MH2000PLC127837 ANNEXURE A Particulars Details 1. Name of the listed company ICICI Life Insurance Limited (Formerly known as ICICI Prudential Life Insurance Company Limited) 2. Type of communication received The Company has received a rectification order 3. Date of receipt of communication October 19, 2026 4. Authority from whom Assistant Commissioner of Income Tax, communication received Mumbai (the Authority) 5. Brief summary of the material The Authority has rectified an order contents of the communication seeking incremental tax of ₹ 97,07,75,200 received, including reasons for and incremental interest of ₹ receipt of the communication 1,33,11,03,953 on revised tax demand. 6. Period for which communication Assessment Year 2023 would be applicable, if stated 7. Expected financial implications on Tax: ₹ 3,72,36,41,785 (Incremental Tax of the listed company, if any ₹ 97,07,75,200) Interest: ₹ 219,05,45,425 (Incremental interest of ₹ 1,33,11,03,953) Penalty: Nil Total: ₹ 591,41,87,210 No adverse material impact on the financial operations of the Company 8. Details of any aberrations/non- Please refer Serial No. 5 above compliances identified by the authority in the communication 9. Details of any penalty or restriction Penalty: NIL or sanction imposed pursuant to the communication 10. Action(s) taken by listed The Company has filed an appeal against company with respect to the the said order before appropriate authority communication 11. Any other relevant information -