Prudential plc executes the sale of a 2.0 per cent stake of ICICI Prudential Asset Management

27 August 2026, Hong Kong – Prudential plc (“Prudential”) announces that Prudential Corporation Holdings Limited (“PCHL”, a subsidiary of Prudential) has successfully executed the sale of a 2.0 per cent stake in ICICI Prudential Asset Management Company Limited (“IPAMC”) via an open market sale process (the “Sale”).

The final realised price for the Sale was INR 3,065 per share. The resultant proceeds of the Sale are the equivalent of US$0.3 billion[1]. As mentioned in Prudential’s 2026 half year results released on 27 August 2026, the net proceeds are to be returned to Prudential shareholders in the form of a share buyback.

¹ _{Actual proceeds in terms of USD (based on INR / USD of 95.4263 as of 27 August 2026) are subject to the relevant exchange rate and the deduction of applicable fees and other costs including any tax chargeable.}

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About Prudential plc

PPrudential provides life and health insurance and asset management in Greater China, ASEAN, India and Africa. Prudential’s mission is to be the most trusted partner and protector for this generation and generations to come, by providing simple and accessible financial and health solutions. The business has dual primary listings on the Stock Exchange of Hong Kong (HKEX: 2378) and the London Stock Exchange (LSE: PRU). It also has a secondary listing on the Singapore Stock Exchange (SGX: K6S) and a listing on the New York Stock Exchange (NYSE: PUK) in the form of American Depositary Receipts. It is a constituent of the Hang Seng Composite Index and is also included for trading in the Shenzhen-Hong Kong Stock Connect programme and the Shanghai-Hong Kong Stock Connect programme.

Prudential is not affiliated in any manner with Prudential Financial, Inc. a company whose principal place of business is in the United States of America, nor with The Prudential Assurance Company Limited, a subsidiary of M&G plc, a company incorporated in the United Kingdom.

This announcement is not for publication or distribution, directly or indirectly, in or into the United States of America. This announcement is not an offer of securities for sale into the United States. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States, except pursuant to an applicable exemption from registration. No public offering of securities is being made in the United States.