OLA ELECTRIC : UPDATED PRESS RELEASE DATED JULY 1, 2026

• Updated press release titled “Ola Electric Doubles QoQ Growth in Q1 FY27; Registers 16,144 Vehicles in June 2026” • Correction of "Q1 FY26" to "Q1 FY27" and "Q4 FY25" to "Q4 FY26" • No other changes made to the press release • Intimation to be hosted on company website www.olaelectric.com Impact: Neutral (Administrative correction to press release)

Ola Electric Mobility Limited

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