Life,Holistic Living: Delivering Superior Customer Experience

Healthy performance across all key metrics (2/2) 16 Improving Persistency¹ 86% 52% 88% 54% 87% 51% H1 FY23 (Post-Merger) H1 FY22 H1 FY23 (Pre-Merger) 13th 61st Strong growth in renewal premium 89.2 T H1 FY22 21% Improving persistency trends across channel and product cohorts Growth backed by consistent improvement Rs bn Steady expansion in New Business Margins 16% 27.6% 26.4% 26.2% H1 FY22 H1 FY23 (Pre-Merger) VNB Growth Stable solvency position H1 FY23 (Post-Merger) Margins continue to improve for both existing and acquired businesses Sep 30, 2022 (Post-Merger) Successfully raised Rs 20 billion of equity capital in Q2 FY23 120.1 108.0 in overall persistency 210% 210% 176% Mar 31, 2022 H1 FY23 (Pre-Merger) H1 FY23 (Post-Merger) I Sep 30, 2022 I (Pre-Merger) 1. For individual business; Excluding single premium and fully paid up policies HDFC Life

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