General Updates

OLA ELECTRIC MOBILITY LIMITED CIN - L74999KA2017PLC099619 Date: September 28, 2026 To, To, National Stock Exchange of India Limited, BSE Limited Address: Exchange Plaza, C-1, Block G, Address: Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Bandra (E), Dalal Street Mumbai- 400001, Mumbai-400051, Maharashtra, India. Maharashtra, India. NSE Scrip Symbol: OLAELEC BSE Scrip Code: 544225 Dear Sir/Madam, Subject: Outcome of the meeting of the Board of Directors (“Board”) of Ola Electric Mobility Limited (the “Company”) held on September 28, 2026. Ref.: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”). In continuation to our prior intimation dated September 23, 2026, we wish to inform you that the Board has considered and approved the constitution and adoption of the terms and reference of the rights issue committee of the Board with the following members and delegation of such powers as may be necessary to give effect to the Rights Issue: Sr. Name of the Member Designation 1. Mr. Bhavish Aggarwal Chairman and Managing Director - Chairperson 2. Mr. Manoj Kumar Kohli Independent Director - Member 3. Mr. Navalur Dattatreya Singh Shashank Independent Director - Member 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. You are requested to kindly take the above information on record. Thanking you, Yours faithfully, For and on behalf of Ola Electric Mobility Limited Deepa Bansal Company Secretary and Compliance Officer Membership No. A37579 Place: Bengaluru 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