Investor Presentaiton

Max group structure overview ANTARA Mas Canup Campany Holding Companies 14.7% Life Insurance MAX FINANCIAL SERVICES Senior Care 40.9% MAX INDIA LIMITED Operating Companies 81.8%¹ MAX LIFE INSURANCE 100% ANTARA Care Homes Care at Home MedCare Products 100% ANTARA Real Estate & Specialty Films 100% 100% 100% 49.6% MAX VENTURES & MAX ESTATES MAX ASSET SERVICES MAX I. LIMITED Max Sponsors stake (%) in holding companies 1 Max Life to be 80:20 JV with Axis Bank post series of transactions Residences for seniors Holding Companies stake (%) in Operating companies 7 MAXI LIMITED INDIA

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