Appointment

Ref. No.: GIC-HO/BOARD/SE-CFO/89/2026-27 Date: 18th June 2026 To, To, The Manager The Manager Listing Department Listing Department BSE Limited The National Stock Exchange of India Ltd. 25th Floor, Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Plot C/1, Dalal Street G Block, Bandra Kurla Complex Mumbai – 400001 Mumbai - 400051 Scrip Code: (BSE – 540755/ NSE – GICRE) Sub: Disclosure under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (Listing Regulations) Dear Sir/Madam, With reference to our earlier intimation Ref. No.: GIC-HO/BOARD/SE-CFO/47/2026-27 dated 15th May 2026, we hereby inform that, Mr. Rajesh Laheri, Deputy General Manager has taken charge as Chief Financial Officer and Key Managerial Personnel of the Corporation with effect from 18th June 2026. Accordingly, Mr. V. Balkrishna ceased to be the Chief Financial Officer and Key Managerial Personnel of the Corporation with effect from 18th June 2026. Further, Mr. V. Balkrishna continues to be a part of the Senior Management in the capacity of General Manager of the Corporation. The detailed disclosure as required under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular no HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026 is annexed as Annexure- I. A Copy of resignation letter of Mr. V. Balkrishna is attached herewith as Annexure - II. Kindly take the above on record. Thanking You Yours sincerely For General Insurance Corporation of India (Satheesh Kumar) Company Secretary & Compliance Officer Annexure- I Sl. No. Particular Details for Mr. Rajesh Details for Mr. V. Laheri Balkrishna 1. Reason for change viz. Appointment Resignation appointment, resignation removal, death or otherwise 2. Date of appointment/cessation (as 18th June 2026 18th June 2026 applicable) (Effective date of taking charge) 3. Brief profile (in case of Mr. Rajesh Laheri joined N.A. appointment) GIC Re in April 1998 as a Direct Recruit officer. He is an Associate Member of Institute of Chartered Accountants of India, Final Pass of Institute of Company Secretaries of India and the Institute of Cost and Works Accountants of India as well as a Fellow Member of Insurance Institute of India. He was involved in various functions including Preparation of Final Accounts, Property Reinsurance etc. within GIC Re. He was posted to the GIC Re's London branch for six years where he handled Finance, IT and other functions. Currently he is in charge of General Accounts and Taxation Department of the Corporation. 4. Disclosure of Relationships N.A. N.A. between Directors (in case of Appointment of a Director) Annexure - II Re: Resigna(cid:415)on as Chief Financial Officer (CFO) I would like to bring to the a(cid:425)en(cid:415)on of the Board that I am availing voluntary re(cid:415)rement under the Corpora(cid:415)on’s Voluntary Re(cid:415)rement Scheme(VRS) due to personal reasons and hence would not be able to con(cid:415)nue to discharge my func(cid:415)ons as Chief Financial Officer of the Corpora(cid:415)on. I would con(cid:415)nue to carry on the func(cid:415)ons for the current month. However, I would request that my remaining no(cid:415)ce period be u(cid:415)lised for the transi(cid:415)on process towards pos(cid:415)ng of a new CFO. I am extremely grateful to the Board of Directors in appoin(cid:415)ng me as the CFO and I have been indeed privileged to have performed the func(cid:415)ons of CFO in this great organisa(cid:415)on. I sincerely apologise for being unable to con(cid:415)nue as CFO despite the honour and faith reposed in me. I take pride in repor(cid:415)ng that I am exi(cid:415)ng the post when the financials are at their best in the en(cid:415)re 55 years of the Corpora(cid:415)on’s history Digitally signed by BALKRISHNA VARIAR Date: 2026.04.20 10:07:59 +05'30' V.Balkrishna General Manager Public