Transcript of 25th Annual General Meeting

August 5, 2026 Listing Department, Listing Department, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (E), Dalal Street, Mumbai - 400 051 Mumbai - 400 001 Symbol: MAXHEALTH Scrip Code: 543220 Sub.: Transcript of 25th Annual General Meeting Dear Sir / Madam, Please find enclosed copy of transcript of 25th Annual General Meeting of the Company held on July 30, 2026 at 10.30 am (IST) through video conference/ other audio-visual means. The said transcript is also available on the website of the Company at www.maxhealthcare.in/investors/ corporategovernance/general-meetings-and-postal-ballot. Kindly take the same on record. Thanking you Yours truly, For Max Healthcare Institute Limited Dhiraj Aroraa EVP - Company Secretary and Compliance Officer Encl.: As above Transcript of 25th Annu al General Meeting of Max Healthcare Institute Limited held on July 30, 2026 Dhiraj Aroraa Dear members, good morning, I am Dhiraj Aroraa, Company Secretary and Compliance Officer of Max Healthcare Institute Limited. I welcome you all to 25th Annual General Meeting of Max Healthcare Institute Limited. I hope you and your families are keeping well. I am joining this meeting from Max Smart Super Speciality Hospital, Saket, New Delhi. This AGM is being conducted through video conference in accordance with the provisions of the Companies Act, 2013, SEBI Listing Regulations and Circulars issued by MCA. The Company has also provided a webcast facility to view the live proceedings of this meeting on the Company's website. The deemed venue for this meeting is Company's Registered Office. In compliance with applicable provisions of the Companies Act, 2013, SEBI Listing Regulations and relevant MCA and SEBI Circulars, electronic copies of the AGM Notice and Integrated Annual Report for the financial year 2025-26 were sent to all members whose email addresses were registered with the Company, its RTA, MUFG Intime India Private Limited or depository participants and whose name appeared in the register of members as on Wednesday, July 1, 2026. For members without registered email addresses, physical letters containing the weblink, path and QR code to access the Notice and Integrated Annual Report were sent. The AGM Notice and Integrated Annual Report are also available on the websites of the Company, its RTA, BSE and NSE. Physical copies were also sent to those members who requested the same. Before we begin, I confirm that the requisite quorum is present for this meeting. Now I would like to request Mr. Abhay Soi, Chairman and Managing Director of the Company to take forward the proceedings. Over to you, Sir. Abhay Soi Thank you Dhiraj. Dear Members, Good morning and a very warm welcome to all of you at the 25th Annual General Meeting of your Company. I trust you and your families are in good health. As the requisite quorum is present, I now call this meeting into order. My colleagues on the Board are also present at this AGM. I am attending the meeting from Max Smart Super Speciality Hospital, Saket, Delhi and I would like to introduce Board of Directors of the Company: Mr. Pranav Amin, Lead Independent Director. Mr. Amin is the Chairman of the Nomination and Remuneration Committee, and Stakeholders Relationship Committee. Mr. Anil Kumar Bhatnagar, Non-Executive Director. Mr. Bhatnagar is the Chairman of the Renewable Energy Investment Committee. Mr. Amin and Mr. Bhatnagar are joining this meeting from Max Smart Super Speciality Hospital, Saket, Delhi. Ms. Amrita Gangotra, Independent Director. Ms. Gangotra is the Chairperson of the IT Strategy Committee. She is joining the meeting from Village Palhar, Punjab. Mr. Mahendra G. Lodha, Independent Director. Mr. Lodha is the Chairman of the Audit Committee. He is joining the meeting from Ahmedabad, Gujarat. Mr. Michael Thomas Neeb, Independent Director. Mr. Neeb is the Chairman of the ESG and Sustainability Committee. He is joining the meeting from the United States of America. Mr. Narayan K. Seshadri, Non-Executive Director. Mr. Seshadri is the Chairman of the Risk Management Committee. He is joining the meeting from Mumbai. Dr. Pranav C. Mehta, Independent Director. Dr. Mehta is joining the meeting from Florida, USA. Thank you and over to you, Dhiraj. Dhiraj Aroraa Thank you, Sir. Dear Members, apart from the board members, senior officials of the company have also joined this AGM. Mr. Yogesh Kumar Sareen, Group Director & Chief Financial Officer. Ms. Vandana Pakle, Group Director - Corporate Affairs. Mr. Keshav Gupta, Group Director - Growth, M&A and Business Planning. Dr. Mradul Kaushik, Group Director - Operations and Planning & Chief Executive Officer (Cluster 1). Col. Harinder Singh Chahal, Group Director & Chief Executive Officer (Cluster 2). Mr. Anas Abdul Wajid, Group Director & Chief Sales and Marketing Officer. Dr. Sandeep Budhiraja, Group Medical Director. Mr. Umesh Gupta, Group Director & Chief Human Resource Officer. All of them are attending the meeting from Max Smart Super Speciality Hospital, Saket, New Delhi. We also have Dr. Vivek Talaulikar, Senior Director & Chief Operating Officer (Western Region), attending this meeting from Mumbai. We also have representatives of auditors present through video conference. S.R. Batliboi & Co. LLP, Statutory Auditors; DPV & Associates LLP, Secretarial Auditors; and Chandra Wadhwa & Co., Cost Auditors. Further, the Company has appointed Mr. Devesh Kumar Vasisht, Partner of DPV & Associates LLP as Scrutinizer, to oversee the remote e-voting and e-voting at this AGM in a fair and transparent manner. His decision on validity and outcome of the meeting will be final. He is also present at this AGM through video conference. Before we proceed, let me briefly outline some general instructions for participation in this AGM: Facility for joining this meeting through video conference is made available to members on a first-come-first-served basis. Documents referred in the explanatory statement of AGM Notice, Register of Members, Directors and KMP and their shareholding, Register of Contracts or Arrangements and other related documents are available electronically for inspection during the meeting. Since this AGM is held through video conference, appointment of proxies is not applicable and the proxy register is not available for inspection. For smooth conduct, all participants are put on mute mode by default. Members who have pre-registered themselves to speak will be unmuted by moderator shortly. The proceedings of this meeting are being recorded. Now I request the moderator to play a short video for our members. [Video was played thereafter] Thank you, moderator. I would now request the Chairman to address the members. Over to you, Sir. Abhay Soi Dear Shareholders, As I stand before you today, I do so with a profound sense of gratitude and pride. FY 2025-26 has been another defining year, marked by strong financial performance, disciplined execution of our long-term strategy, and our unwavering commitment to exceptional patient care. From a single hospital in South Delhi, Max Healthcare has grown into one of India's most valuable listed healthcare organizations. Today, we operate a robust network of 21 healthcare facilities with over 6,000 beds, supported by more than 40,000 professionals, including over 6,000 doctors and 14,000 nurses and paramedics. During the year, we had the privilege of caring for more than 40 lakh patients. Behind these numbers, lies the trust that patients and their families continue to place in Max Healthcare every single day. I am delighted to share that Max Healthcare has been certified as a Great Place to Work® for the fourth consecutive year. We are also honored as one of India's Best workplaces in Pharmaceuticals, Healthcare, and Biotech and India's Best Employers Amongst Nation- Builders, reflecting the strength of our culture, leadership, and people practices [Showing first 8,000 characters — download PDF for full document]