General Updates

Ref. No.: LIC/SE/2026-27/65 Date: July 06, 2026 The Manager The Manager Listing Department, Listing Department, BSE Limited, National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Tower, Exchange Plaza, 5th Floor, Plot C/1, Dalal Street, G Block, Bandra Kurla Complex, Mumbai-400001 Mumbai-400051 Scrip Code: 543526 Scrip Code: NSE - LICI Dear Sir/Madam, Sub: Presentation on Analyst/Institutional Investor Meet/Conference (“Investors” Meet) This is in continuation to our earlier filing vide Ref. no: LIC/SE/2026-27/60 dated June 28, 2026 on captioned matter wherein Life Insurance Corporation of India (“the Corporation”) has submitted the Corporate presentation for the Investors/Analyst meets scheduled from July 01, 2026 to July 15, 2026. In this regard, the Corporate Presentation is converted into USD currency for the benefit of Investors/Analysts from different geographies which is enclosed as Annexure- A and also available on the website of the Corporation at https://licindia.in/fy-2026-271 Please take the above information on record and arrange for dissemination. A copy of this intimation is also being made available on the website of the Corporation at www.licindia.in. Yours faithfully, For Life Insurance Corporation of India (Anshul Kumar Singh) Company Secretary & Compliance Officer Encl: a/a Investor Presentation Annexure-I July 2026 FY22 FY24 FY26 Net VNB 15.1% 16.8% 21.2% margin% ChartColor 0 82 156 Key Business Parameters (1/2) 255 203 8 (USD mn) Pre-IPO listing / (FY22) FY24 FY25 FY26 4 52 100 Total Premium Income 45,156 50,190 51,572 56,625 250 250 50 Distribution Mix % (Individual New Business – by Premium) 181 219 255 2022 2024 2026 Agency 96.3% 96.0% 93.9% 91.8% 9 4 119 129 179 Bancassurance, Alternates & Others 3.7% 4.0% 6.1% 8.2% 225 229 202 Product Mix % (Individual New Business – 255 251 095 by Premium) 254 202 139 Non-Participating 29.6% 42.0% 53.3% 60.8% Participating 70.4% 58.0% 46.7% 39.2% PAT 427 4,297 5,087 6,066 1.85 2.35 Overall Expense Ratio % 14.5% 15.6% 12.4% 11.9% Source: Corporation data; Figures may not add up to total due to rounding off; Exchange rate: USD / INR: 94.6543 – RBI Reference Rate as of 30.03.2026 Chart Color 0 82 156 Key Business Parameters (2/2) 255 203 8 4 52 100 (USD mn) Pre-IPO listing / (FY22) FY24 FY25 FY26 250 250 50 IEV 57,207 76,842 82,075 83,376 181 219 255 2022 2024 2026 Total APE 5,324 6,019 6,004 7,074 119 129 179 Net VNB 805 1,012 1,058 1,498 0 225 229 202 255 251 095 Net VNB Margin % 15.1% 16.8% 17.6% 21.2% 254 202 139 Solvency % 185.0% 198.0% 211.0% 235.0% Net Worth 1,100 8,657 13,331 18,526 1.85 2.35 AUM 431,553 541,115 576,022 605,297 Source: Corporation data; Figures may not add up to total due to rounding off; VNB: Value of New Business; Exchange rate: USD / INR: 94.6543 – RBI Reference Rate as of 30.03.2026 Chart Color 0 82 156 LIC – Life Insurance Leader with Strong Competitive Advantages 255 203 8 4 52 100 250 250 50 181 219 255 India’s largest life Pan-India distribution Robust product suite insurance company(1) franchise with focus on margins 119 129 179 225 229 202 255 251 095 Technology enabled 254 202 139 customer experience Continuous emphasis on Long term value creation driving operational corporate governance performance Note: 1. As per First Year Premium data as of March 2026 (published by IRDAI) May 2022 - India’s largest IPO ever; LIC continues to lead, after 25+ years of (2) As per moneycontrol.com as on 15.05.2026 2nd Largest public sector company in India by Market Capitalisation2z Globally 6th largest(1) liberalisation Chart Color 0 82 156 India’s Largest Life Insurance Company 255 203 8 Distribution & Market leadersh4i p52 100 Market leadership Scale Customer 250 250 50 181 219 255 ~ 18.4 Mn ~ 1.5 Mn #1 2nd #3 FY26 Individual policies sold Agents (Mar-26) 8.3x 5.2x 119 129 179 Largest Life Largest public sector Co. World 3rd strongest of 2nd largest life insurer5 of 2nd largest life insurer6 Insurer in India1 in India by Market Cap2 Insurance Brand3 ~ USD 385 44.3% 8.07x 225 229 202 FY26 Average ticket size Mkt. share by agents (Mar-26) ~14.87 lakhs 255 251 095 LIC of India is the World’s 3rd ~ USD 27,530 Mn 12.5 254 202 139 Largest 25+ strongest Insurance Brand1 FY26 NBP Policies sold per agent for FY267 IPO ever in India Years of Market 6.1x (as of May’22); Globally Leadership of 2nd largest life insurer5 6th largest4 7.9 56.7% policies sold per agent for FY26 Market share the 2nd largest life insurer5 Sustained leadership position with 69+ years of presence in Indian life insurance sector Source: Corporation data and Life Insurance Council data; Standalone data for FY26 unless otherwise mentioned; Exchange rate: USD / INR: 94.6543 – RBI Reference Rate as of 30.03.2026; Note: 1. As per First Year Premium data as of March 2026 (published by IRDAI); 2. As per moneycontrol.com as on 15.06.2026; 3. As per Brand Finance Global 500 2025 Report; 4. 6th largest globally in CY22, Evalueserve Global IPO 2022 Market Update 5. Relative to the 2nd largest life insurer by FY26 NBP, AUM; 6. Relative to the 2nd largest life insurer by number of individual agents as of 31 March 2026; 7. For Agency channel 5 • Can we reduce the size a little of market leadership section, and increase of others, little • And decrease text size of yellow numbers by a little Chart Color 0 82 156 Pan-India Distribution Franchise – Omni-channel Network and Increasing Share of Bancassurance 255 203 8 4 52 100 Snapshot of LIC’s Distribution Capabilities Presence in 36 States and UTs covering 92% of districts in India2 Premium 250 250 50 36 Covering 92% Collection points 8 3,636 Branch and 1.5 Agents exclusive districts vs 82% 39,1312 (2,487 MICRO Zonal offices satellite offices4 Mn. to LIC States & combined for Insurance Zonal offices Union Territories UTs sector (ex-LIC)3 181 219 255 Premium Points) Assam Jammu & Arunachal Kashmir; Ladakh Pradesh 119 129 179 92 Bancassurance 1761 Corporate 308 Brokers 167 Insurance Punjab Himachal Pradesh Meghalaya partnerships Agents Marketing Firms Chandigarh Uttarakhand Tripura Haryana Delhi Delhi Sikkim 225 229 202 Uttar Pradesh 15,29Utt8ar Pradesh Rajasthan BTihoartal Micro-insurance agents Bihar Individual New Business Premium Breakdown Jharkhand West Madhya Pradesh 255 251 095 Madhya Pradesh Bengal Gujarat West Pre-IPO listing / (FY22) FY25 FY26 Bengal Chhattisgarh Maharashtra Daman & Diu Maharashtra Odisha Mizoram Dadra & 254 202 139 12% Single state conc Nae garn havt elr i ation Manipur Telangana Telangana Nagaland Agency Agency Agency ➔ geographically diversified Andhra Pradesh 96.3% Bancassurance & 93.9% Bancassurance & 91.8% Bancassurance & Karnataka Puducherry Andaman & Alternates Alternates Alternates Nicobar 2.9% 5.6% 7.5% Tamil Nadu Kerala Tamil Nadu Digital & Others Digital & Others Digital & Others Lakshadweep 0.8% 0.5% 0.7% States divided into separate colors as per respective zone Agency-led Pan India Distribution Network Source: Corporation data as of 31st March 2026; Note 1.Including banks; 2. Out of 1.5 Mn agents; 3. As of March 31, 2025 as per the IRDAI Annual Report 2024-2025. 4. Including four SSS units (not included P&GS units) Robust agency force Deliver experience for sales intermediaries… … and Customers Chart Color 0 82 156 Pan-India Distribution Franchise – Robust Agency Force 255 203 8 4 52 100 Largest agency force in India Agency network with a mix of youth and experienced professionals 250 250 50 Mix of agents by age group 48.0% 49.1% 52.9% 18% 181 219 255 119 129 179 13% 225 229 202 1.5 25% 18-30 yrs 31-35 yrs 36-40 yrs 41-50 yrs 51-60 yrs Above 60 yrs 255 251 095 Mix of agents by tenure 254 202 139 52.6% 47.4% FY22 FY24 FY26 Rural proportion No. of Agents (in Mn) Up to 5 years > 5 years LIC has industry leading dominant agency force Source: Corporation data as on 31.03.2026 Chart Color 0 82 156 Robust Product Suite with Focus on Margins 255 203 8 4 52 100 Individual New Business Breakdown – by Premium 250 250 50 Pre-IPO list [Showing first 8,000 characters — download PDF for full document]