Acquisition

October 28, 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 We enclose herewith the details required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular dated January 30, 2026 as an Annexure 1. The above information will also be made available on the Company's website 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. Annexure 1 Particulars Details Name of the target entity, details Name: State Bank of India in brief such as size, turnover etc. Market Cap: ₹ 8.83 trillion (as on October 28, 2026) Whether the acquisition would Investment in target entity does not fall within related party constitute a related party transaction(s) and whether the transaction. promoter/ promoter group/ group b. companies have any interest in ICICI Lombard’s promoter and the entity being acquired? If yes, promoter group entities may have nature of interest and details investment and other business thereof and whether the same is related transaction/ arrangement done at “arm’s length” with target entity at arm’s length. Industry to which the entity being Banking acquired belongs Objects and impact of acquisition The acquisition of shares is being (including but not limited to, made in the ordinary course of disclosure of reasons for investment function of the Company. acquisition of target entity, if its business is outside the mainline of business of the listed entity) Brief details of any governmental None e. or regulatory approvals required for the acquisition Indicative time period for Investment has been made in the f. completion of the acquisition target entity in multiple tranches over a period of time. Consideration - whether cash Cash Consideration consideration or share swap or any other form and details of the same h. Cost of acquisition and/or the The Investment Function of the price at which the shares are Company invested in the target acquired entity in multiple tranches over a period of time. On October 28, 2026, the Company had acquired shares of ₹ 1.72 billion. 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. i. Percentage of shareholding / Post acquisition on October 28, control acquired and / or number 2026, the cumulative holding of the of shares acquired Company in target entity is 0.02 %. j. Brief background about the entity State Bank of India is an Indian acquired in terms of products/line Public Sector Bank headquartered in of business acquired, date of Mumbai. It is the largest banking and incorporation, history of last 3 financial services organization in years turnover, country in which India, with an asset base of over ₹ 61 the acquired entity has trillion. State Bank of India serve over presence and any other 50 crore customers through vast significant information (in brief) n e t w o r k o f over 23,321 branches, 63,580 ATMs/ADWMs and 82,900 BC outlets. The Bank has successfully diversified businesses through its various subsidiaries i.e SBI General Insurance, SBI Life Insurance, SBI Mutual Fund, SBI Card, etc. State Bank of India was incorporated in India on July 1, 1955. History of Turnover Amount Financial Year (₹ in billion) 2025-26 7096.17 2024-25 6633.43 2023-24 5945.75 Country of Presence/Registration: India 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.