Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 268

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 1
Chunk 268
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 vesting is subject to the non-employee
director’s service as a director through the vesting date. Each initial equity award and annual equity award is also expected to
accelerate in full upon a change in control of Zoomcar.

    Non- Employee Director Fees 
  
    Annual Board Cash Retainer 
    $75,000 
  
    Additional Retainer for Chairman of the Board 
    $15,000 
  
    Retainers for Committee Members 

    ●    Audit 
    $10,000 
  
    ●    Compensation 
    $6,000 
  
    ●    Nominating and Corporate Governance 
    $4,000 
  
    Additional Retainers for Committee Chairs 

    ●    Audit 
    $10,000 
  
    ●    Compensation 
    $6,000 
  
    ●    Nominating and Corporate Governance 
    $4,000 
  
    Initial Equity Award 
    $300,000 
  
    Additional Initial Equity Award for Chairman of the Board 
    $100,000 
  
    Annual Equity Award 
    $100,000 

Zoomcar will also reimburse
non-employee directors for reasonable travel and other expenses incurred in connection with attending meetings of the Board and any committee
of the Board on which they serve.

Item 12. Security Ownership of Certain Beneficial Owner and Management
and Related Stockholder Matters

The following table sets
forth information regarding the beneficial ownership of our voting shares as of the date of the filing of 10-K:

    ●
    each person who is known to be the beneficial owner of more than 5% of our voting shares;

    ●
    each of our named executive officers and directors; and

    ●
    all of our executive officers and directors as a group.

Beneficial ownership is determined according to the rules of the SEC,
which generally provide that a person has beneficial ownership of a security if he, she or it possesses sole or shared voting or investment
power over that security, including options and warrants that are currently exercisable or exercisable within 60 days. Except as described
in the footnotes below and subject to applicable community property laws and similar laws, we believe that each person listed above has
sole voting and investment power with respect to such shares. The beneficial ownership of shares of Company Common Stock is based on an
aggregate of 6,284,491 shares of Common Stock issued and outstanding as of June 27,