Niva Bupa Health Insurance Company Limited has notified stock exchanges about the authorization of Key Managerial Personnel (KMPs) to determine materiality of events and make necessary disclosures under regulatory requirements. The disclosure was made on January 29, 2026, in compliance with SEBI Listing Regulations.

Authorized Key Managerial Personnel

The Board has authorized three senior executives to determine materiality thresholds and make disclosures to stock exchanges under Regulation 30:

Regulatory Compliance Framework

This authorization aligns with Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has established a Policy for Determination of materiality threshold for disclosure of events or information, which guides these authorized personnel in their decision-making process.

The disclosure ensures that material events and information are promptly communicated to both National Stock Exchange of India Limited (Symbol: NIVABUPA) and BSE Limited (Scrip Code: 544286). This framework enables efficient and timely compliance with regulatory disclosure requirements while maintaining transparency with stakeholders.

Company Information

Niva Bupa Health Insurance Company Limited operates under IRDAI Registration No. 145 and Corporate Identification Number L66000DL2008PLC182918. The company maintains its registered office in Delhi and corporate office in Gurugram, Haryana.

Niva bupa health insurance company Limited has announced significant leadership appointments following its Board of Directors meeting held on January 29, 2026. The appointments were made based on recommendations from the Nomination and Remuneration Committee and are effective immediately.

Key Leadership Appointments

The Board approved two critical appointments that strengthen the company's governance structure:

Roger Davis: Extensive Financial Services Background

Mr. Roger William John Davis brings substantial experience to his new role as Additional Director. His professional credentials include:

• Education: MA degree in Politics, Philosophy & Economics from the University of Oxford
• Military Service: 12 years as an Officer in the British Army
• Financial Services Experience: 40 years with large global organizations

Davis has held several prominent leadership positions throughout his career. He served as Chairman of BUPA and Chairman of Sainsbury's Bank, demonstrating his expertise in healthcare and financial services sectors. His corporate governance experience includes serving as a Non-Executive Director of Experian plc, the Global Information Services Company.

International Banking Experience

Davis's international exposure spans multiple continents and senior roles:

• Served on the Board of Barclays Bank PLC while leading Barclays UK
• Oversaw all corporate and retail banking operations at Barclays
• Held Managing Director position for India at Jardine Fleming
• Served as Chief Executive Officer of BZW Asia Pacific

The company confirmed that Davis has not been debarred from holding office of a Director by SEBI or any other regulatory authority, as required by exchange circulars.

Aparna Sharma: Governance and Compliance Expertise

Ms. Aparna Sharma's appointment as Company Secretary and Compliance Officer brings specialized expertise to Niva Bupa's governance framework. Her professional background includes:

Track Record and Achievements

Sharma has demonstrated expertise in critical corporate functions since joining Niva Bupa. Her contributions include:

• Implementing SEBI Listing and Insider Trading regulations
• Overseeing the company's IPO execution
• Managing ESOP schemes implementation
• Multi-jurisdictional compliance experience across India, APAC, and Ireland

Her career progression includes key roles at prominent organizations such as Fidelity Group, Times of India, Ansal API, and Network 18, providing her with diverse industry exposure.

Regulatory Compliance and Next Steps

The appointments comply with SEBI regulations under the Listing Obligations and Disclosure Requirements. Davis's appointment as Additional Director requires member approval within three months from the appointment date. The company has confirmed that both appointments meet all regulatory requirements and disclosure norms.

These strategic appointments reflect Niva Bupa's commitment to strengthening its leadership team with experienced professionals who bring complementary expertise in financial services, governance, and regulatory compliance.