Max India Limited Financial Overview

3 MAX Extensive focus on key growth levers to maximize long-term value Leveraging Max India and BUPA capabilities • Max India - strong understanding of Indian Insurance landscape, learning's from Max Life's success and leverage synergies with Max Life and MHC • BUPA - Product design, underwriting and clinical expertise Bancassurance would catapult growth • Opened up to Standalone Health insurers in February 2013 • 4 tie-ups - Standard Chartered, Deutsche, Federal Bank and Ratnakar Bank successfully launched Pricing for profitability • Value based pricing based on data and analysis • Selective targeting of profitable Group business Continuous product innovation Max Bupa Health Insurance A Max India Joint Venture Factsheet* - Max Bupa Gross Written Premium ^ INR 373 Cr. Customer Base^ ~800K Number of Employees ~1,500 Number of Agents ~9,000 • Build a culture of innovation and expertise. • Focus on wellness and specialized products with no age limit and high sum assured. • Emphasis on Health Risk Management Number of Offices 26 Focused customer profile • Focus on the mass affluent+ customer base • Robust underwriting procedure For the year ended March 31, 2015 Partner Hospitals ~3,500 32

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