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Investor Presentaiton

In million With 15% CAGR in new policy count from FY2020 to FY2035 CAGR 8% 244.2 Protection opportunity: Addressable population coverage (%) In million With 20% CAGR in new policy count from FY2020 to FY2035 63.3 CAGR 13% 103.2 CAGR 10% 166.2 42% CAGR 8% 244.2 26% 63.3 CAGR 13% 103.2 CAGR 10% 166.2 64.3 31.5 FY2021 14.8 FY2025 ■Insured FY2030 Uninsured FY2035 101.9 40.8 FY2021 16.1 FY2025 ■Insured FY2030 Uninsured FY2035 Even at accelerated policy growth rates, at best ~40% of India's addressable population can be expected to be covered in 15 years ICICI PRUDENTIAL LIFE INSURANCE Assumed 10% lapse rate for inforce policies at each year 52 52
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