Ather Energy Limited — Proxy Solicitation & Information Statement 2025

Jul 18, 2025

July 18, 2025

To National Stock Exchange of India Ltd Exchange Plaza, 5th Floor, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai 400051 NSE Symbol: ATHERENERG	To BSE Limited 1stFloor, Phiroze Jeejeebhoy Towers Dalal Street Mumbai – 400001 Scrip Code: 544397

Dear Sir/ Madam,

Sub: Postal Ballot Notice

With reference to the captioned subject, and in compliance with the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), please find enclosed a copy of the Postal Ballot Notice for seeking approval of the Members by way of remote e-Voting process (“eVoting”) for the below mentioned resolutions:

S.no	Description of resolution	Type of resolution
1	Approve Reclassification of Authorised Share Capital by classifying the compulsorily convertible preference shares into a resultant number of equity shares and consequent alteration to the Capital Clause of the Memorandum of Association of the Company	Ordinary Resolution
2	Approval and Ratification of ‘Amended and Restated Ather Energy ESOP Plan 2025’	Special Resolution

ln accordance with General Circular nos. 14/2020 dated April 8, 2020, 17/2020 dated April 13, 2020, and subsequent circulars issued in this regard, the latest being 09/2024 dated September 19, 2024 issued by the Ministry of Corporate Affairs (“Circulars”), the said Postal Ballot Notice is being sent only through electronic mode to those members, whose names appear on the Register of members/list of Beneficial owners as on Thursday, July 17, 2025 (“Cut-Off Date”) and whose e-mail addresses are registered with the Company/depository participant(s).

ln compliance with the provisions of Section 110 of the Companies Act, 2013 read with the Companies (Management and Administration) Rules, 2014, Regulation 44 of the SEBI Listing Regulations and any other applicable law, rules, circulars, notifications and regulations (including any statutory modification(s) or reenactment(s) thereof, for the time being in force), the Company has engaged the services of National Securities Depositories Limited (“NSDL”) for the purpose of providing e-Voting facility to all its members. The voting through

remote e-Voting shall commence on Saturday, July 19, 2025, at 09:00 AM (IST) and shall end on Sunday, August 17, 2025, at 05:00 PM (IST). The results of the Postal Ballot will be declared latest by Tuesday, August 19, 2025.

• The Postal Ballot Notice is also available on the Company's website at https://www.atherenergy.com/investor relations/stock-exchange-disclosure.

Kindly take the above-said information on record.

Thank you

For Ather Energy Limited

PUJA Digitally signed by PUJA AGGARW AGGARWAL Date: 2025.07.18 AL 20:52:41 +05'30'

Puja Aggarwal Company Secretary and Compliance officer Membership no: A49310