Investor Presentaiton

3.1 MAX Healthcare Nanavati Max Hospital set to be one of the largest private quaternary care complexes in Mumbai with ~770 beds Nanavati Nanavati Max Hospital - Future plans Plans to add ~440 net beds spread over 3.9 acres of land in the iconic Nanavati Max Hospital located in the heart of Mumbai - Addition of ~339 beds in phase 1 by Q3 FY25 as part of a new block Demolition of ~160 beds before commencement of Phase 2 Addition of ~271 beds in phase 2 by Q3 FY27 New metro station proposed to come up next to Nanavati, which will increase accessibility and hence footfalls . Bed expansion to aid EBITDA margin expansion and enable spreading of employee cost over a larger base (1) Note: (1) Reduction in employee cost as % of revenue due to beds addition will be in addition to the VRS scheme recently initiated by the company 19

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