Action(s) taken or orders passed

August 20, 2026 Ref: NIVABUPA/EQ/2026-27/35 National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block-G Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Bandra (E), Dalal Street, Mumbai-400 051 Mumbai-400 001 Symbol: NIVABUPA Scrip Code: 544286 Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Dear Sir/Madam, This is to inform that Insurance Regulatory and Development Authority of India (“IRDAI”) had sought explanation from the Company on Expense of Management (“EoM”) limits for financial year 2024-25. The Company had made submissions to IRDAI. In this regard, IRDAI issued an order on August 19, 2026, whereby the Company has been warned for not complying with the applicable EoM limits for the FY 2024-25 and has directed not to open new place of business for a period of six months from the date of order. The Company is evaluating the order and will take appropriate steps to safeguard the interest of stakeholders. Further, it may be noted that the Company is in compliance with the IRDAI (Expenses of Management, including Commission of Insurers) Regulations, 2024 (“EoM Regulations, 2024”) for the full Financial Year ended March 31, 2026 as well as for the period Q1 ended June 30, 2026 and is on track to ensure compliance with the said EoM Regulations, 2024 for the full Financial Year ending March 31, 2027. The details as required under Regulation 30 read with Para A, Part A of Schedule III of the SEBI Listing Regulations, is enclosed herewith as Annexure A. The disclosure as required under Regulation 30(13) of the SEBI Listing Regulations read with SEBI Circular dated February 25, 2025, on Industry Standards Note is enclosed herewith in Form A, marked as Annexure Niva Bupa Health Insurance Company Limited IRDAI Registration No. 145 | CIN: L66000DL2008PLC182918 Registered Office: C-98, First Floor, Lajpat Nagar, Part 1, Delhi-110024 Corporate Office: 3rd Floor, Capital Cyber scape, Golf Course Extension Road, Sector-59, Gurugram-122101, Haryana. Website: www.nivabupa.com | Email id: investor@nivabupa.com I Tel: +91-124-6354900 We hereby state and declare that the information and details provided in Annexure B, in compliance with the Regulation 30(13) of the SEBI Listing Regulations, is true, correct and complete to the best of our knowledge and belief. We request you to take the above information on record. Thanking you, Yours’ Faithfully, For Niva Bupa Health Insurance Company Limited Aparna Sharma Company Secretary and Compliance Officer Niva Bupa Health Insurance Company Limited IRDAI Registration No. 145 | CIN: L66000DL2008PLC182918 Registered Office: C-98, First Floor, Lajpat Nagar, Part 1, Delhi-110024 Corporate Office: 3rd Floor, Capital Cyber scape, Golf Course Extension Road, Sector-59, Gurugram-122101, Haryana. Website: www.nivabupa.com | Email id: investor@nivabupa.com I Tel: +91-124-6354900 Annexure A Particulars Details Name of the Authority Insurance Regulatory and Development Authority of India Nature and details of the action(s) taken or order(s) IRDAI issued an order, whereby the Company has passed been warned for not complying with the applicable EoM limits for the FY 2024-25 and has directed not to open new place of business for a period of six months from the date of order. Date of receipt of direction or order, including any August 19, 2026 at 1808 Hrs (IST) ad-interim or interim orders, or any other communication from the authority Details of the violation(s)/contravention(s) Not complied with Regulation 6 read with committed or alleged to be committed Regulation 10, 11 & 19 of the IRDAI (Expense of Management, including commission of insurers) Regulations, 2024. Impact on financial, operation or other activities of Nil the listed entity, quantifiable in monetary terms to the extent possible Niva Bupa Health Insurance Company Limited IRDAI Registration No. 145 | CIN: L66000DL2008PLC182918 Registered Office: C-98, First Floor, Lajpat Nagar, Part 1, Delhi-110024 Corporate Office: 3rd Floor, Capital Cyber scape, Golf Course Extension Road, Sector-59, Gurugram-122101, Haryana. Website: www.nivabupa.com | Email id: investor@nivabupa.com I Tel: +91-124-6354900 Annexure B Form A Disclosure by Niva Bupa Health Insurance Company Limited regarding receipt of communication from regulatory, statutory, enforcement or judicial authority under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Regulation 30(13) – Disclosure of communication from regulatory, statutory, enforcement or judicial authority Sr. No. Particulars Details 1. Name of the listed company Niva Bupa Health Insurance Company Limited 2. Type of communication received The Company has received an order via email 3. Date of receipt of communication August 19, 2026 4. Authority from whom communication IRDAI received 5. Brief summary of the material contents of the Please refer Annexure A communication received, including reasons for receipt of the communication 6. Period for which communication would be Financial year 2024-25 applicable, if stated 7. Expected financial implications on the listed None company, if any 8. Details of any aberrations/ non-compliances Please refer Annexure A identified by the authority in the communication 9. Details of any penalty or restriction or The Authority has directed the Company not to sanction imposed pursuant to the open new place of business for a period of six communication months from the date of order i.e. August 19, 2026. 10. Action(s) taken by listed company with The Company is in compliance with the IRDAI respect to the communication (Expenses of Management, including Commission of Insurers) Regulations, 2024 (“EoM Regulations, 2024”) for the full Financial Year ended March 31, 2026 as well as for the period Q1 ended June 30, 2026 and is on track to ensure compliance with the said EoM Regulations, 2024 for the full Financial Year ending March 31, 2027. 11. Any other relevant information - Niva Bupa Health Insurance Company Limited IRDAI Registration No. 145 | CIN: L66000DL2008PLC182918 Registered Office: C-98, First Floor, Lajpat Nagar, Part 1, Delhi-110024 Corporate Office: 3rd Floor, Capital Cyber scape, Golf Course Extension Road, Sector-59, Gurugram-122101, Haryana. Website: www.nivabupa.com | Email id: investor@nivabupa.com I Tel: +91-124-6354900