Journey Simplification and Business Resilience

Exide Life transaction timeline 30 30 Step 1: Announcement of Transaction (Sep 3, 2021) Step 3: Application filed with IRDAI and CCI for acquisition, ongoing interactions Step 5: Application to IRDAI and NCLT for merging the two companies HY Completed 用 98 99 99 Step 2: Shareholders' approval for issuance of shares (Sep 29, 2021)¹ Step 4: Receipt of approvals. Exide Life becomes 100% subsidiary of HDFC Life Step 6: Approval for merger WIP 1. Subject to approval from IRDAI and CCI To be initiated Current phase HDFC Life

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