Product launch

OLA ELECTRIC MOBILITY LIMITED CIN - L74999KA2017PLC099619 (Formerly known as Ola Electric Mobility Private Limited) August 15, 2026 To, To, National Stock Exchange of India Limited BSE Limited Address: Exchange Plaza, C-1, Block G, Bandra Kurla Address: Phiroze Jeejeebhoy Towers Complex, Bandra (E), Mumbai-400051, Maharashtra, Dalal Street Mumbai- 400001, India. Maharashtra, India. NSE Scrip Symbol: OLAELEC BSE Scrip Code: 544225 Subject: Disclosure of Product Launch pursuant to Regulation 30 read with Schedule-III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"). Dear Sir/ Madam, With reference to the captioned subject, we wish to inform you that Ola Electric Mobility Limited ("the Company") has today i.e. August 15, 2026, launched its Battery Energy Storage System ("BESS") product portfolio comprising Ola Shakti, Shakti Rack and Mahashakti. The details required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, as amended from time to time (“SEBI Circulars”) is enclosed herewith as Annexure-A. The newly launched products are designed to cater to diverse battery energy storage requirements across residential, commercial, industrial and utility-scale applications. The product portfolio leverages the Company's integrated capabilities across battery cells, battery packs and energy storage systems, further expanding and further strengthens its energy solutions portfolio. The above intimation will also be hosted on the website of the Company i.e., www.olaelectric.com. We request you to take the above on your record. Thanking you, For Ola Electric Mobility Limited Abhishek Jain Company Secretary and Compliance Officer Membership No.: A62027 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 OLA ELECTRIC MOBILITY LIMITED CIN - L74999KA2017PLC099619 (Formerly known as Ola Electric Mobility Private Limited) Annexure-A Sr. Particulars Details Details Details 1 Name of the product Ola शक्ति / Ola Shakti Shakti Rack (Shakti AC Mahashakti (Mahashakti (Shakti Gen2) Rack and Shakti DC Rack) Rack and Mahashakti) 2 Date of launch August 15, 2026 August 15, 2026 August 15, 2026 3 Brief description Residential battery energy Commercial & Industrial Utility-scale battery energy storage solution battery energy storage storage solution solution 4 Category of the Battery Energy Storage Battery Energy Storage Battery Energy Storage product Systems Systems Systems 5 Whether caters to Domestic Domestic Domestic domestic/ international market 6 Name of the countries Not Applicable Not Applicable Not Applicable in which the product is launched (in case of international). 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