Max Financial Services Axis Max Life Director Changes

Max Financial Services discloses board changes at its material subsidiary Axis Max Life Insurance under SEBI LODR.
Non-executive director Mitsuru Yasuda resigned effective close of business May 6, 2026.
Toru Nakabayashi appointed as additional non-executive director effective May 7, 2026, until next AGM.
Nakabayashi is a senior insurance executive nominated by Mitsui Sumitomo via Max Financial Services.