Bajaj Allianz Corporate Update

BALIC: Persistency Persistency 13th Month 83% 82% B Allianz BAJAJ LIFE GOALS. DONE. Persistency 25th Month 83% 83% 74% 73% - Persistency 13th Month ■FY22 ■FY23 Q1 FY23 Q1 FY24 Persistency 37th Month 67% 66% 66% 67% Persistency 49th Month 64% 62% 62% 63% 75% 73% Persistency - 25th Month FY22 FY23 Q1 FY23 Q1 FY24 Persistency 61st Month 48% 50% 50% 50% Persistency - 37th Month FY22 FY23 Q1 FY23 Q1 FY24 Persistency - 49th Month FY22 FY23 Q1 FY23 Q1 FY24 Persistency - 61st Month ■FY22 ■FY23 Q1 FY23 Q1 FY24 Continued focus on renewal collection via various initiatives such as driving auto-payment registration, digital payments & higher distribution ownership have led to significant improvement in persistency across most cohorts *Note: Persistency as per IRDAI framework; Individual business excluding single premium and fully paid-up policies | The persistency ratios for the period ended have been calculated for the policies issued in June to May period of the relevant years 40 40

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