Intimation on Newspaper Publication for the matters relating to Rights Issue

OLA ELECTRIC MOBILITY LIMITED CIN - L74999KA2017PLC099619 Date: November 04, 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, Mumbai-400051, Maharashtra, India. Maharashtra, India. NSE Scrip Symbol: OLAELEC BSE Scrip Code: 544225 Sub: Intimation as per Regulation 92 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 37,02,72,665 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, October 07, 2026 and November 2, 2026, we enclose copies of advertisement issued and published by the Company today, i.e. November 04, 2026, in respect of matters specified under sub-regulation (1) of Regulation 92 of SEBI ICDR Regulations, such as, inter alia, details of subscription, basis of allotment and date of credit of partly paid-up equity shares pursuant to the Rights Issue, in all editions of the following newspapers: (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, Yours faithfully, 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 vishwavani.news