Investor Presentation

August 31, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Dalal Street, Fort, Plot No. C/1, G Block, Bandra Kurla Complex, Mumbai 400 001 Bandra (East), Mumbai 400 051 BSE Scrip Code: 540767 NSE Scrip Symbol: NAM-INDIA Dear Sir(s), Subject: NAM India Sell-Side Analyst Group Meeting – Presentation In furtherance to our intimation dated August 24, 2026, please find enclosed presentation to be made by the Company at NAM India Sell-Side Analyst Group Meeting. The same is also being uploaded on the website of the Company at https://mf.nipponindiaim.com/InvestorServices/Pages/Investor- Presentation.aspx. Request you to kindly take the same on record. Thanking you, Yours faithfully, For Nippon Life India Asset Management Limited Valde Varghese Company Secretary & Compliance Officer Encl: a/a Analyst Day Presentation Aug-2026 Where we are NAM India - At a glance One of the largest Asset Managers in India, with track record of 30+ years International AUM NAM India Mutual Funds Managed Accounts INR 147 bn (Closing INR 8.62 trn INR 7.49 trn INR 975 bn (Advisory INR 17 bn) Q1 FY27) GIFT City – INR 4.5 bn Locations Distributors Folios Employees Reach 271 1,25,200+ 40.2 mn 1,207 Unique Investors Systematic Flows Retail B-30 assets Individual AUM 24.1 mn (Quarterly) Strength INR 1.56 trn INR 4.71 trn Over 1 in 3 MF investors in INR 110 bn India invests with us Q1 FY27 Profit After Tax Financials at INR 5.04 bn (+27% YoY / +31% QoQ) Source: Internal & AMFI 3 AAUM Excludes FOF Domestic NAM India - Fastest growing AMC (among the Top 10 AMCs) QAAUM* Market Share Market Share Growth Rank MF Jun-23 Mar-26 Jun-26 Q1 FY27 3 Year 1 SBI 17.69% 15.31% 15.12% -0.18% -2.57% 3 Year 2 ICICI 12.33% 13.54% 13.40% -0.13% 1.08% • NIMF - Witnessed Highest 3 HDFC 11.27% 11.37% 11.25% -0.13% -0.02% market share growth (+176 4 Nippon 7.28% 8.89% 9.04% 0.15% 1.76% bps) 5 Kotak 7.19% 7.12% 7.10% -0.02% -0.09% 6 ABSL 6.89% 5.35% 5.14% -0.20% -1.75% Q1 FY27 7 UTI 5.76% 4.76% 4.72% -0.04% -1.03% • 7 of Top 10 AMCs have lost 8 Axis 5.76% 4.41% 4.44% 0.03% -1.32% market share 9 DSP 2.73% 2.76% 2.76% 0.00% 0.03% 10 Tata 2.58% 2.79% 2.75% -0.04% 0.17% *Quarterly Average AUM 4 Investor segment & location-wise market share MAAUM* Market Share % Growth Segment Jun-23 June-25 Jun-26 3 Year YoY Retail 8.69% 9.31% 9.65% 96 bps 34 bps HNI 5.99% 7.54% 8.90% 291 bps 136 bps Corporate 7.45% 8.89% 8.76% 131 bps -13 bps Total 7.28% 8.55% 9.04% 176 bps 49 bps T30 7.07% 8.42% 8.83% 176 bps 41 bps B30 8.33% 9.10% 10.00% 167 bps 90 bps Market Share basis Monthly Average AUM Excludes FoF domestic Sustained Growth Trendlines Acquisition Geographical Footprints Growing Wallet Share Looking back on the journey thus far NAM India MF MAAUM (INR trn) Mkt Share % 9.04% 8.55% 8.30% 7.31% 7.28% 7.37% 7.28% Jun-20 Jun-21 Jun-22 Jun-23 Jun-24 Jun-25 Jun-26 6 – Year MAAUM CAGR at 26% Source: Internal & AMFI 7 AAUM Excludes FOF Domestic Asset mix: Diversity drives resilience 6% 4% 5% 5% 5% 4% 4% 3% 4% 3% 4% 2% 2% 5% 2% 2% 3% 2% 3% 2% 3% 3% 5% 3% 12% 15% 19% 20% 11% 24% 23% 47% 40% 30% 22% 21% 36% 18% 42% 42% 41% 33% 32% Jun-20 Jun-21 Jun-22 Jun-23 Jun-24 Jun-25 Jun-26 Equity Debt* Other ETFs Commodities ETF Index Funds Hybrid Arbitrage Cautiously trying to build a higher allocation to long-term assets within the overall asset mix *Debt includes liquid category Asset mix basis monthly average AUM Source: Internal Strategic expansion in HNI segment NAM India HNI Mkt Share % 8.90% 339 bps 7.54% 6.91% 5.99% 5.51% 5.29% 5.14% Jun-20 Jun-21 Jun-22 Jun-23 Jun-24 Jun-25 Jun-26 Consistent market share growth in HNI segment Market Share basis monthly average AUM Source: Internal & AMFI Highest folio count in MF industry NAM India Folios (mn) Jun-20 Jun-21 Jun-22 Jun-23 Jun-24 Jun-25 Jun-26 Recently - Folio Count Crossed 40 mn – Highest in Industry Trusted by 39% of Mutual Fund Investors in India Source: Internal Core operating strengths Strong Execution Catching Trends early Capabilities & Focus Team vintage in S&D Robust risk Strong on-ground management & connect Core process orientation Strength Ability to grow without Sharp segmentation & Bank support Go-to Market approach Leadership that has grown with the organization TENURE ACROSS THE LEADERSHIP PIPELINE 20+ 13+ 12+ 20+ 14+ Years tenure Years tenure Years tenure Years tenure Years tenure MD & CEO, Deputy CEO Organization Next-in-line organization Sales leadership team Next-in-line & CIOs (Equity & Debt) leadership team leadership team sales leadership team WHAT THIS DEMONSTRATES Built from within Continuity of thought process Senior leaders have grown through the organization and progressed Deep organizational experience supports consistency in through the hierarchy decision-making and thought process Fresh perspectives remain important Culture is carried forward External talent from diverse industries adds new thinking, particularly Long leadership tenures help preserve and reinforce the in new business verticals organization's culture What sets us apart: Key differentiators 01 02 03 04 Beyond Fund MFD Vertical: Investor Acquisition: Banking Vertical: Returns: Open architecture but A core pillar of our Success without bank- Process, discipline & relationships drive growth strategy backed distribution its impact stickiness 05 06 07 Institutional Why physical Why only B-30? Business: presence is important We think B-100 Deeper penetration across sub-segments 01- Beyond Fund Returns Process, discipline & its impact Performance is an outcome of strong processes Since 2022, these campaigns have remained central to our investor Play with solid fill outreach, emphasizing process strength, risk governance, and disciplined investing as the foundations of long- term wealth creation. A case in point - Beyond short-term performance A synopsis of one of our fund’s recent quartile rankings vs its gross sales market share (%) Quartile Rankings Gross sales market share (%) (Basis 1 Year Performance) (Quarterly market share) Q1 25% 20% 20% Q4 5% QuartileS eppos’2it5ioninDg eaccr’2os5s recMenatr t’2im6e hoJruiznoen’s26 GrosSs eSpal'e2s5 Mkt Dsheacr'e2 5acrosMs saarm'2e6 periJoudn aes' 2ra6nkings Consistently captured above 20% Industry Ranking drift: Q1 Q3 over 4 quarters Gross Sales in this category (On a 1 – year return basis) Source: Internal, AMFI 16 Quartile rankings are basis internal parameters Long-term fund performance Returns % (CAGR) Investor Scheme Name Accounts Since (mn) 5 - Year 10 - Year 15 - Year 20 - Year Inception Nippon India Growth Mid Cap 2.3 mn 18.85% 17.96% 16.65% 17.04% 21.93% Fund Nippon India Large Cap Fund 2.9 mn 14.93% 13.84% 13.92% -- 12.30% Nippon India Small Cap Fund 5.5 mn 18.41% 20.40% 21.26% -- 19.96% Nippon India Multi Cap Fund 2.6 mn 18.34% 15.18% 15.09% 15.82% 17.32% Inception Dates Nippon India Large Cap Fund Nippon India Small Cap Fund – Nippon India Growth Mid Cap Nippon India Multi Cap Fund – – 8th Aug 2007 16th Sep 2010 Fund – 8th Oct 1995 28th Mar 2005 Note: Data as on 31st July 2026 , Investor accounts is folio count as on 31th July 2026 Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other investment. Performance of the schemes (wherever provided) are calculated basis CAGR Refer annexures slides 69 - 82 for detailed disclosures 02 - Investor Acquisition – A core pillar of our growth strategy Our opportunity extends beyond mutual funds TAM - Funnel Approach Financial Universe INR 253 1.34 bn trn Volume (mn) 23,658 (July-26) Bank Aadhar Deposits Holders Per-Capita SIP Accounts Income Digital UPI Total Population Penetration NIMF Transactions Industry MF AUM MSME Owners Total ITR Filers AAUM Bank Credit 800 mn PAN Holders Urbanization Initial Public Outstanding Women Work Rate Offerings Demat Accounts force Household Insurance Count 234 mn Thinking Beyond Mutual Funds Population Universe Above [Showing first 8,000 characters — download PDF for full document]