Updates

OLA ELECTRIC MOBILITY LIMITED CIN - L74999KA2017PLC099619 October 4, 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 October 4, 2026. BSE 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 promoter Bhavish Aggarwal has pledged 4.32% stake in the company, to participate in the rights issue approved by the Board as disclosed in the Draft Letter of Offer filed on 28 September 2026. This pledge is solely to fund his subscription to the issue and there are no other pledges to his securities currently; no shares are being sold. The promoter will invest alongside all other shareholders on the same terms." For corporate communication: Anand Subramanian | anand.subramanian@olaelectric.com 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