General Updates

Date: 2 July 2026 The National Stock Exchange of India Ltd., BSE Limited, Exchange Plaza, Bandra-Kurla Complex, Corporate Relationship Department, Bandra (East), Mumbai – 400 051. P. J. Towers, Dalal Street, Fort, Mumbai – 400 023. Code : PRSMJOHNSN Code : 500338 Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time (‘SEBI Listing Regulations’) - Update on sale by the Company of its shareholding in Raheja QBE General Insurance Company Limited, a material unlisted subsidiary of the Company, to QBE Holdings (AAP) Pty Limited Ref: Disclosure dated 2 March 2026 made by the Company in terms of Regulation 30 of the SEBI Listing Regulations and SEBI Master Circular HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated 30 January 2026 (‘SEBI Mater Circular’) Dear Sir/ Ma’am, We refer to our disclosure dated 2 March 2026 made under Regulation 30 of the SEBI Listing Regulations regarding the execution of a share purchase agreement dated 2 March 2026 by the Company with QBE Holdings (AAP) Pty Limited (‘QBE’) and Raheja QBE General Insurance Company Limited (‘RQBE’) (the ‘Share Purchase Agreement’) for the sale of the Company’s shareholding in RQBE, a material unlisted subsidiary of the Company, to QBE (‘Proposed Transaction’). Further to the above, we wish to inform you that pursuant to the completion of the conditions precedent set out in the Share Purchase Agreement, including receipt of approval of the Insurance Regulatory and Development Authority of India and the shareholders of the Company, the Proposed Transaction was completed after the close of normal trading hours on 1 July 2026. Consequently, with effect from 1 July 2026, RQBE has ceased to be a subsidiary of the Company, and the Company’s joint-venture with Australia’s QBE Group in the general insurance business in India, as well as the shareholders’ agreement between the Company and QBE, stand terminated. The details in relation to the Proposed Transaction, as required under Regulation 30 of the SEBI Listing Regulations read with the SEBI Master Circular, were provided in our earlier disclosure dated 2 March 2026, and other requisite details in relation to the Proposed Transaction were provided in the Postal Ballot Notice filed with BSE Limited and the National Stock Exchange of India Limited on 18 March 2026. This is for your information and record. Thanking you, Yours faithfully, For PRISM JOHNSON LIMITED SHAILESH DHOLAKIA Company Secretary & Compliance Officer