Reimagining Growth with Resilience

41 Exide Life transaction timeline Step 1: Announcement of transaction (Sep 3, 2021) Step 3: Application filed with IRDAI and CCI for acquisition, ongoing interactions Step 5: Integration Phase-1 (9- 12 months) Step 7: Final approval for merger (expected in H2 FY23) ₹ HY ון 用 Step 2: Shareholders' approval for issuance of shares (Sep 29, 2021) Step 4: Receipt of approvals. Exide Life becomes 100% subsidiary of HDFC Life (Jan 1, 2022) Step 6: Application filed with NCLT for merging the two companies (April 22, 2022) Step 8: Integration Phase-2 (12-18 months post merger) Completed WIP To be initiated HDFC Life

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