Date, Location, and Type of Meeting

The 9th Annual General Meeting was held on Wednesday, September 30, 2026, at 04:30 P.M. (IST) through video conferencing. The proceedings were deemed to be conducted at the Registered Office of the Company at Wing C, Prestige RMZ Startech, Hosur Road, Municipal Ward No.67, Municipal No. 140, Industrial Layout, Koramangala, Bengaluru – 560095, Karnataka, India. The meeting commenced at 04:35 P.M. (IST) and concluded at 05:35 P.M. (IST), including time allowed for e-voting.

Summary of Proposed Resolutions and Implications

The AGM transacted six resolutions as set out in the notice:

Ordinary Business:

1. Adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026, together with reports of the board of directors and auditors

2. Appointment of Mr. Arun Sarin (DIN: 01384344) who retires by rotation and offers himself for re-appointment

Special Business:

3. Re-appointment of Mr. Manoj Kumar Kohli (DIN: 00162071) as a Non-Executive Independent Director

4. Re-appointment of Ms. Shradha Sharma (DIN: 03557496) as a Non-Executive Independent Woman Director

5. Increase in authorized equity share capital of the Company and consequent alteration to clause V of the Memorandum of Association

6. Approval for raising funds through issuance of securities of the Company

All resolutions were passed by requisite majority.

Voting Process and Methods Used

The Company utilized remote e-voting facility through National Securities Depositories Limited (NSDL). The remote e-voting period commenced on Sunday, September 27, 2026 at 09:00 AM (IST) and ended on Tuesday, September 29, 2026 at 05:00 PM (IST). An additional e-voting window was open on the NSDL platform for 15 minutes from the conclusion of the AGM for members who had not voted during the remote e-voting period.

Key Voting Outcomes

The document states that all resolutions were passed by requisite majority but does not provide specific voting results. It notes that the detailed voting results (remote e-voting and e-voting at the AGM) along with the Scrutinizer's Report will be disseminated to the exchanges and placed on the Company's website by not later than October 01, 2026.

Scrutinizer's Role and Findings

Mr. Pramod SM, Partner of M/s. BMP&Co. LLP, served as the Scrutinizer for the AGM. The document mentions that a Consolidated Scrutinizer's Report under Section 108 of the Companies Act, 2013 will be submitted to the exchanges within stipulated timelines.

Compliance with Laws and Regulations

The AGM was conducted in compliance with various circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India, and as per applicable provisions of the Companies Act, 2013 and Rules made thereunder. The facility for appointment of proxies was not applicable as the AGM was held through video conferencing.

Names and Roles of Signatories

The document is signed by Deepa Bansal, Company Secretary and Compliance Officer of Ola Electric Mobility Limited.

Attendance at the Meeting

The following individuals attended the meeting via video conferencing:

  • Mr. Manoj Kumar Kohli (Independent Director, Chairman of Audit Committee and Nomination and Remuneration Committee) from Gurgaon
  • Mr. Krishnamurthy Venugopala Tenneti (Non-Executive Director, Chairman of Stakeholder Relationship Committee and Corporate Social Responsibility Committee) from Toronto, Canada
  • Mr. Arun Sarin (Non-Executive Director, Chairman of Risk Management Committee) from Florida, USA
  • Mr. Navalur Dattatreya Singh Shashank (Independent Director) from Bengaluru
  • Ms. Shradha Sharma (Independent Director) from Mumbai
  • Mr. Saroj Panigrahi (Group Chief Legal and Corporate Affairs Officer) from Bengaluru
  • Mr. Deepak Rastogi (Chief Financial Officer) from Bengaluru
  • Ms. Deepa Bansal (Company Secretary and Compliance Officer) from Bengaluru
  • Mr. Chetan Chopra (Head - Legal & Public Policy) from Bengaluru
  • Mr. Anand Subramanian (Head - Public Relations) from Bengaluru
  • Mr. Umang Banka (Partner of M/s. B S R & Co. LLP, Statutory Auditors) from Bengaluru
  • Mr. Pramod SM (Partner of M/s. BMP&Co. LLP, Secretarial Auditors and Scrutinizer) from Bengaluru

Mr. Bhavish Aggarwal chaired the AGM as per the Articles of Association of the Company.

Additional Information

The document specifically notes that it does not constitute minutes of the proceedings of the AGM. The intimation is also available on the company website at https://www.olaelectric.com/investor-relations/announcements.