Shareholders meeting

August 14, 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, Subject: Proceedings of Extraordinary General Meeting We wish to inform you that the Extraordinary General Meeting (EGM) of the Company was held today i.e. August 14, 2026 through Video Conferencing (VC) in compliance with circulars issued by Ministry of Corporate Affairs (MCA), Securities and Exchange Board of India (SEBI) and other applicable provisions of the Companies Act, 2013. In this regard, please find enclosed herewith the proceedings of the EGM in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is for your information and records. Thank you, For Ather Energy Limited Puja Aggarwal Company Secretary & Compliance Officer Membership No: A49310 PROCEEDINGS OF THE EXTRAORDINARY GENERAL MEETING (EGM) OF ATHER ENERGY LIMITED HELD ON FRIDAY, AUGUST 14, 2026 AT 11:30 AM (IST) THROUGH VIDEO CONFERENCING (‘VC’) DIRECTORS PRESENT THROUGH VC: Ms. Neelam Dhawan - Non-executive Independent Director (Chairperson of the Board and Chairperson of Stakeholder Relationship Committee) Mr. Kaushik Dutta - Non-executive Independent Director (Chairperson of Audit Committee & Risk Management Committee) Mr. Sanjay Nayak - Non-executive Independent Director (Chairperson of Nomination and Remuneration Committee) Mr. Tarun Sanjay Mahta - Executive Director & CEO Mr. Swapnil Babanlal Jain - Executive Director & CTO Mr. Pankaj Sood - Non-executive Director Mr. Ram Kuppuswamy - Non-executive Director Mr. Vivek Anand - Non-executive Director KEY MANAGERIAL PERSONNEL PRESENT THROUGH VC: Mr. Sohil Dilipkumar Parekh - Chief Financial Officer Ms. Puja Aggarwal - Company Secretary & Compliance Officer PRESENT BY INVITATION THROUGH VC: Mr. Gurvinder Singh - Partner, Deloitte Haskins & Sells, Statutory auditors Mr. Biswajith Ghosh - Partner, M/s. BMP & Co LLP, Scrutinizer MEMBERS PRESENT: 60 Members were present at the EGM through VC. The EGM commenced at 11:30 AM (IST). PROCEEDINGS: The Extraordinary General Meeting of the members of Ather Energy Limited was held through Video Conferencing (“VC”) in accordance with the circular(s) issued by the Ministry of Corporate Affairs (“MCA”) and Securities and Exchange Board of India (“SEBI”) and as per the applicable provisions of the Companies Act, 2013 and the Rules made thereunder. The deemed venue for the EGM was the Registered Office of the Company. Ms. Neelam Dhawan, Chairperson of the Board took the Chair and welcomed all Members to the EGM of the Company The Chairperson informed that the proceedings of the EGM will be made available on the website of the Company and stock exchanges. The Chairperson upon confirmation of the requisite quorum being present, called the meeting to order. Thereafter, the Chairperson introduced Directors, Key Managerial Personnels and representatives of Statutory Auditors and Scrutinizer for e-voting who were virtually attending the meeting from their respective locations. The Chairperson further requested Ms. Puja Aggarwal, Company Secretary & Compliance Officer, to brief the shareholders about certain instructions for participating in the meeting through VC. Ms. Puja informed the shareholders that the EGM was being held through VC in accordance with the Companies Act, 2013 and Circulars issued by the MCA and SEBI and the Company had taken all necessary steps to enable shareholders participation through VC and cast their votes on the business being considered at the EGM. She further informed that the shareholders who had registered to speak at the EGM will be allowed to speak once the floor was opened for questions and answers by the Chairperson and the shareholders could also post their views or questions on the chat box. The statutory registers along with the documents referred to in the notice of the EGM were available for inspection by the shareholders electronically during the EGM. Shareholders seeking to inspect such documents could send an email request to the Company. It was further informed that, the Company had provided the facility to cast votes electronically on the resolution set forth in the notice and shareholders who had not yet cast their votes and who were participating in the EGM would have the opportunity to cast their vote through the e-voting system provided by NSDL during the meeting. Those shareholders who had cast their vote through remote e- voting prior to the EGM could also attend the EGM but shall not be entitled to cast their votes again. The Chairperson then delivered her speech capturing the strategic importance of the proposed fundraising and the strong confidence shown by both institutional and promoter investors in the Company's future. She also highlighted the key aspects of the proposed issue such as the issue price, floor price and changes in promoter holding. She thereafter requested Mr. Tarun Sanjay Mehta, Executive Director & CEO, to address the shareholders. Mr. Tarun addressed the shareholders highlighting the strategic purpose of the proposed issue. The Chairperson thereafter conducted the proceeding of the EGM. She informed that the EGM Notice dated July 15, 2026, corrigendum to the EGM Notice dated August 07, 2026 had been circulated to the shareholders and the same was taken as read with their permission. She also mentioned that since e-voting on the item of the agenda has been made available to the shareholders, there shall be no voting by show of hands. Thereafter, the Chairperson read out the following business item no. 1 of the Notice providing a brief of the proposal which was proposed to be passed as a special resolution. Special Business 1. To approve the issuance of equity shares and convertible warrants by way of preferential issue. After the above item was read, the Chairperson opened the floor for questions by the shareholders. The shareholders who had registered to speak at the EGM were invited in turns to ask their questions. The Board of Directors and members of the Management answered all the questions raised by the shareholders. It was further informed that shareholders with additional queries, or whose questions remained unanswered during the meeting, may write to the Company at the designated e-mail addresses provided on its website. The Chairperson informed that shareholders who had not cast their votes through remote e-voting could cast their votes during the EGM and the facility would be available for 30 minutes after the conclusion of the meeting. She further informed that, CS Biswajit Ghosh, Partner, BMP & Co. LLP, Practicing Company Secretary, was appointed as the Scrutinizer for supervising the e-voting process. The results along with scrutinizers report will be made available on the Company’s website and disseminated to the Stock Exchanges in accordance with applicable laws. The resolution set forth in the notice shall be deemed to be passed today subject to the receipt of the requisite number of votes. The Chairperson, on behalf of the Board and the Management, thanked the shareholders for their active participation in the meeting and extended her appreciation to the Board Members, employees, suppliers, vendors and bankers for the committed and efficient services rendered by them towards the successful operations of the Company. She also expressed her appreciation to the various Government/ Regulatory authorities and Company’s valued customers for their continued co-operation, trust and support. The proceedings of the Meeting concluded at 12:15 P.M. (IST) The e-voting facility was kept open for the next 30 minutes to enable the shareholders to cast their vote. For Ather Energy Limited Puja Aggarwal Company Secretary & Compliance Officer Membership No: A49310