Intimation as per Reg 84 of SEBI (ICDR) Regulations, 2018 - Issue of advertisement in newspapers in respect of certain matters relating to rights issue of partly paid-up equity shares of the Company

OLA ELECTRIC MOBILITY LIMITED CIN - L74999KA2017PLC099619 Date: October 16, 2026 To, To, National Stock Exchange of India Ltd., BSE Limited Address: Exchange Plaza, C-1, Block G, Address: Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Bandra (E), Dalal Street Mumbai- 400001, Maharashtra, India. Mumbai-400051, Maharashtra, India. BSE Scrip Code: 544225 NSE Scrip Symbol: OLAELEC Sub: Intimation as per Regulation 84 of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements), 2018 (“SEBI ICDR Regulations”) - Issue of advertisement in newspapers in respect of certain matters relating to rights issue of partly paid-up equity shares of Ola Electric Mobility Limited (the “Company”) (“Rights Issue”). Dear Sir/ Madam, In relation to the Rights Issue and further to our letters dated September 28, 2026 and October 07, 2026, we enclose copies of the advertisement issued by the Company and published today, i.e. October 16, 2026, disclosing the completion of dispatch of letter of offer dated October 7, 2026, the rights entitlement letter, the application forms issued by the Company and the details of the specific investors, in respect of matters specified under sub-regulation (1) of Regulation 84 of SEBI ICDR Regulations, in all editions of (i) Financial Express (English national daily newspaper with wide circulation); (ii) Jansatta (Hindi national daily newspaper with wide circulation); and (iii) Vishwavani (Kannada language daily newspaper with wide circulation, Kannada being the regional language of Karnataka, where our Registered Office is situated). 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 kindly take this on record. Thanking you. For Ola Electric Mobility Limited Deepa Bansal Company Secretary and Compliance Officer Membership No.: A37579 Place: Bengaluru Encl: As above 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