Options to purchase securities

June 23, 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 of Grant of Stock Options under Ather Energy ESOP 2025 Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we wish to inform that the Nomination and Remuneration Committee (“NRC”) of the Board of Directors of Ather Energy Limited (“the Company”) has approved the grant of 6,24,630 Employee Stock Options (ESOPs) under Ather Energy ESOP 2025 (“ESOP Plan”) to the eligible employees of the Company on June 23, 2026. 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 and Compliance Officer Membership No: A49310 Annexure A S No. Particulars Details 1. Brief details of options granted 6,24,630 Employee Stock Options (ESOPs) were granted pursuant to Ather Energy ESOP 2025 to the eligible employees of the Company. 2. Whether the scheme is in terms of SEBI (SBEB) Yes Regulations, 2021 (if applicable) 3. Total number of shares covered by these 6,24,630 equity shares of the Company having a options face value of Rs. 1/- each (Rupees One each). 4. Pricing formula Exercise Price is Rs. 1/- (Rupees One) per ESOP. 5. Time within which option may be exercised Exercise Period shall be a period of five years from the date of vesting, within which the vested options may be exercised by the option grantee. 6. Brief details of significant terms The ESOP Plan is administered by the Nomination and Remuneration Committee of the Company. The grant of ESOPs is based on and governed by the ESOP Plan approved by the shareholders. Each vested option confers a right upon the option grantee to apply for one equity share of the Company. 7. Options vested 8. Options exercised 9. Money realized by exercise of options 10. The total number of shares arising as a result of exercise of option; 11. Options lapsed Not applicable as this disclosure is pertaining to 12. Variation of terms of options grant of Options under the Scheme 13. Subsequent changes or cancellation or exercise of such options 14. Diluted earnings per share pursuant to issue of equity shares on exercise of options.