We wish to inform that Insurance Regulatory and Development Authority of India ("IRDAI") has approved and granted a Certificate of Registration dated October 15, 2026 to Ather Insurance Limited, a wholly owned subsidiary ("WOS") of Ather Energy Limited ("the Company"), to act as a Corporate Agent (Composite) for distribution and servicing of life, general and health insurance business under the IRDAI (Registration of Corporate Agents) Regulations, 2015, as amended.

October 15, 2026 To To National Stock Exchange of India Ltd BSE Limited Exchange Plaza, 5th Floor, C-1, Block G, 1st Floor, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Bandra (E), Mumbai 400051 Dalal Street Mumbai – 400001 NSE Symbol: ATHERENERG Scrip Code: 544397 Dear Sir/ Madam, Sub: Intimation pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we wish to inform that Insurance Regulatory and Development Authority of India (“IRDAI”) has approved and granted a Certificate of Registration dated October 15, 2026 to Ather Insurance Limited, a wholly owned subsidiary (“WOS”) of Ather Energy Limited (“the Company”), to act as a Corporate Agent (Composite) for distribution and servicing of life, general and health insurance business under the IRDAI (Registration of Corporate Agents) Regulations, 2015, as amended. The disclosure as required under SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026 are provided in Annexure A. Kindly take the above information on record. Thank you For Ather Energy Limited Puja Aggarwal Company Secretary & Compliance Officer Membership No: A49310 Annexure-A S No. Particulars Details 1. Name of the regulatory or licensing authority Insurance Regulatory and Development Authority of India (“IRDAI”) 2. Brief details of the approval/license obtained/ Certificate of Registration is granted to Ather withdrawn/ surrendered; Insurance Limited, a Wholly Owned Subsidiary of Ather Energy Limited, by the IRDAI to act as a Corporate Agent (Composite) under the IRDAI (Registration of Corporate Agents) Regulations, 2015, as amended. 3. Impact / relevance of such approval / license This will enable Ather Energy Limited (“Company”), to the listed entity through its Wholly Owned Subsidiary, to diversify its revenue stream by leveraging the existing customer base to create recurring revenue opportunities. The expected benefits include: 1. Diversification of the Company’s revenue streams 2. Improved customer experience for the Company’s customers and retail partners 4. Withdrawal/cancellation or suspension of Not Applicable licence/approval by the regulatory or licensing authority, with reasons for such action, estimated impact (monetary or otherwise) on the listed entity and penalty, if 5. Period for which such approval/license is/ From October 15, 2026 and shall remain in force was valid subject to payment of annual fee, until it is suspended or cancelled by the IRDAI. 6. Subsequently, the listed entity shall inform Not Applicable the stock exchange(s), the actual impact (monetary or otherwise) along with corrective actions taken by the listed entity pursuant to the withdrawal, cancellation or suspension of the key license/ approval