Company Statement dated September 23, 2026

OLA ELECTRIC MOBILITY LIMITED CIN - L74999KA2017PLC099619 September 23, 2026 To, To, National Stock Exchange of India Limited BSE Limited Address: Exchange Plaza, C-1, Block G, Bandra Kurla Address: Phiroze Jeejeebhoy Towers Complex, Bandra (E), Mumbai-400051, Maharashtra, Dalal Street Mumbai- 400001, I ndia. Maharashtra, India. NSuSbEj Seccrti:p C Soymmpbaonl:y O SLtAatEeLmECe nt dated September 23, 20B2S6E. Scrip Code: 544225 Dear Sir/ Madam, Annexure – A With reference to the captioned subject, we are enclosing herewith the Company Statement of Ola Electric Mobility Limited as ”. This intimation will also be made available on the website of the Company and can be accessed using the link: https://www.olaelectric.com/investor-relations/announcements We request you to take the above on your record. Ola Electric Mobility Limited T hanking you, F or Deepak Rastogi Chief Financial Officer Place: Bengaluru Encl: a/a Registered Address: Wing C, Prestige RMZ Startech, Hosur Road, Municipal Ward No.67, Municipal No. 140, Industrial Layout, Koramangala, Bengaluru – 560095, Karnataka, India | Landline: 080-35440050 | companysecretary@olaelectric.com | www.olaelectric.com OLA ELECTRIC MOBILITY LIMITED CIN - L74999KA2017PLC099619 Annexure - A Company Statement: “Ola Electric today informed the stock exchanges that it is seeking Board approval for a proposed rights issue of equity shares. The rights issue route is being considered to enable participation by all eligible shareholders including retail, institutional and promoter group, subject to applicable laws.” For corporate communication: Anand Subramanian | anand.subramanian@olaelectric.com | +91-95380 22855 Registered Address: Wing C, Prestige RMZ Startech, Hosur Road, Municipal Ward No.67, Municipal No. 140, Industrial Layout, Koramangala, Bengaluru – 560095, Karnataka, India | Landline: 080-35440050 | companysecretary@olaelectric.com | www.olaelectric.com