SBI Life Independent Director Seshadri Tenure Completion

Key Event Details

Mr. Narayan K. Seshadri (DIN: 00053563) ceased to be an Independent Director of SBI Life Insurance Company Ltd. effective close of business hours on August 19, 2026. The cessation occurred due to completion of his tenure of two consecutive terms of three years each.

Annexure Details

The filing includes Annexure A providing required details:

• Reason for change: Cessation as Independent Director upon completion of tenure of two consecutive terms of three years each
• Date of cessation: Close of business hours on August 19, 2026
• Brief profile and disclosure of relationships between directors: Not applicable

Filing Details

Impact Assessment

Routine governance update with no disclosed financial or operational impact. The change represents normal board rotation due to term completion.