Notice to the members of Shriram Life Insurance

05 June 2025

Notice is hereby given that the 20th (Twentieth) Annual General Meeting (AGM) of the Shareholders of Shriram Life Insurance Company Limited (referred to as "the Company") will be held on Wednesday, June 25, 2025. The meeting will take place at Plot No. 31 & 32, 5th Floor, Ramky Selenium, Financial District, Gachibowli, Hyderabad — 500 032, starting at 11:30 AM. The agenda will include the following business matters:

Ordinary Business:

• To receive, consider, and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2025, including the Revenue Account and the reports of the Board of Directors and the Auditors thereon.

• To appoint a director in the place of Mr. Sanjeev Mehra (DIN: 07491208), who retires by rotation and is eligible to offer himself for re-appointment.

• To appoint a director in the place of Mr. Umesh Govind Revankar (DIN: 00141189), who retires by rotation and is eligible to offer himself for re-appointment.

Special Business:

• Approval of the appointment of Mr. Shaji p Jacob (DIN: 10647012) as an independent director of the company
  • RESOLVED THAT, by Sections 149, 150, and 152 of the Companies Act, 2013, and the Companies (Appointment and Qualifications of Directors) Rules, 2014, Mr. Shaji P. Jacob (DIN: 10647012), appointed as an Additional Director on August 8, 2024, is eligible for appointment as an Independent Director. The Company has received a notice from a member proposing his candidacy. Therefore, Mr. Shaji P. Jacob be appointed as an Independent Director for a term of five years, effective from August 8, 2024, not liable to retire by rotation.
• Approval of the revision of the remuneration of Mr. Manoj Kumar Jain (DIN: 00421396), the managing director of the company, for FY25.
  
  • Resolved that, by Sections 196, 197 of the Companies Act, 2013, Schedule V of the Act, Section 34A of the Insurance Act, 1938, and the Articles of Association, and following the Board and Nomination and Remuneration Committee's approval, subject to IRDAI's approval, the members consent to the remuneration for Mr. Manoj Kumar Jain (DIN: 00421396), Managing Director, for the Financial Year 2024-25.
• Approval of the revision of remuneration of Mr. Karanam Ramachandra Sekhar (DIN: 00195246), the managing director of the company, for the financial year 2024-25.
• Approval of the Revision in Remuneration for Mr. Casparus J.H. Kromhout (DIN: 06419621), Managing Director and CEO of the Company for the Financial Year 2024-25.
• Approval of the revision of remuneration of Mr. Manoj Kumar Jain (DIN: 00421396), the managing director of the company, for the financial year 2025-26.
• Approval of Revised Remuneration for Mr. Karanam Ramachandra Sekhar (DIN: 00195246), Managing Director of the Company for the Financial Year 2025-26.
• Approval of the Revision in Remuneration for Mr. Casparus J.H. Kromhout (DIN: 06419621), Managing Director and CEO of the Company for the Financial Year 2025-26.