Change in Director(s)

August 19, 2026 SBIL/CS/NSE-BSE/2627/91 Vice President General Manager Listing Department, Listing Department, National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, Phiroze Jeejeebhoy Towers, Plot No. C/1, G Block, BKC, Dalal Street, Bandra (East), Mumbai 400051 Mumbai 400001 NSE Symbol: SBILIFE BSE Scrip Code: 540719 Subject: Completion of Tenure of Mr. Narayan K Seshadri (DIN: 00053563), Independent Director Dear Sir / Madam, Pursuant to Regulation 30 of the SEBI (Listing Opbligations and Disclosures Requirements) Regulations, 2015, we wish to inform you that Mr. Narayan K. Seshadri (DIN: 00053563) ceases to be an Independent Director of the Company upon completion of his tenure of two consecutive terms of three years each w.e.f. close of business hours today i.e. August 19, 2026. The details required under Regulation 30 of the Listing Regulations read SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is given in the enclosed Annexure A. We request to you to kindly take the above information on record. Yours faithfully, Girish Manik Company Secretary ACS No. 26391 Encl: A/a Public SBI Life Insurance Company Ltd. Registered and Corporate Office: Natraj, M.V. Road and Western Express Highway Junction Andheri (East), Mumbai 400 069. Tel.: (022) 6191 0000/ 3968 0000 IRDAI Regn. No. 111. CIN: L99999MH2000PLC129113 www.sbilife.co.in Annexure A Details as required under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Sr.No Details of events that need to be provided Information of such event(s) 1 Reason for change viz. appointment, Cessation as an Independent reappointment, resignation, removal, death or Director upon completion of otherwise tenure of two consecutive terms of three years each. 2 Date of appointment / re-appointment / cessation Close of business hours today (as applicable) & term of appointment / re- i.e. August 19, 2026 appointment 3 Brief profile (in case of appointment) 4 Disclosure of relationships between directors (in Not Applicable case of appointment of a director) Public SBI Life Insurance Company Ltd. Registered and Corporate Office: Natraj, M.V. Road and Western Express Highway Junction Andheri (East), Mumbai 400 069. Tel.: (022) 6191 0000/ 3968 0000 IRDAI Regn. No. 111. CIN: L99999MH2000PLC129113 www.sbilife.co.in