Investor Presentaiton

3.1 MAX Healthcare Nanavati Hospital set to be one of the largest private quaternary care complexes in Mumbai with ~770 beds Namavali Nige Nanavati Hospital - Future plans . • Plans to add ~440 net beds spread over 3.9 acres of land in the iconic Nanavati 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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