Company: ZCARW
Filing Date: 2025-03-28
Form Type: DRS
Source: 0001013762-25-003498
Chunk: 424

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-03-28
Form: DRS
Chunk 424
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 any threatened, pending or completed action, suit or proceeding (except actions by or in the right of the corporation)
by reason of the fact that such person is or was a director, officer, employee or agent of the corporation against all expenses, judgments,
fines and amounts paid in settlement actually and reasonably incurred by such person in connection with such action, suit or proceeding
if such person acted in good faith and in a manner such person reasonably believed to be in or not opposed to the best interests of the
corporation and, with respect to any criminal action or proceeding, had no reasonable cause to believe his or her conduct was unlawful.
A corporation may similarly indemnify such person for expenses actually and reasonably incurred by such person in connection with the
defense or settlement of any action or suit by or in the right of the corporation, provided that such person acted in good faith
and in a manner he or she reasonably believed to be in or not opposed to the best interests of the corporation, and, in the case of claims,
issues and matters as to which such person shall have been adjudged liable to the corporation, provided that a court shall have
determined, upon application, that, despite the adjudication of liability but in view of all of the circumstances of the case, such person
is fairly and reasonably entitled to indemnity for such expenses which such court shall deem proper.

Section 102(b)(7) of the
DGCL provides, generally, that the registrant’s Charter may contain a provision eliminating or limiting the personal liability of
a director or officer to the corporation or its shareholders for monetary damages for breach of fiduciary duty as a director or officer,
provided that such provision may not eliminate or limit the liability of (i) a director or officer for any breach of the director’s
or officer’s duty of loyalty to the corporation or its shareholders, (ii) a director or officer for acts or omissions not in good
faith or which involve intentional misconduct or a knowing violation of law, (iii) a director under section 174 of the DGCL or (iv) a
director or officer for any transaction from which the director or officer derived an improper personal benefit. No such provision may
eliminate or limit the liability of a director or officer for any act or omission occurring prior to the date when such provision became
effective.

<div align='center'>II-1</div>

The registrant’s Charter
limits directors’ liability to the fullest extent permitted under the DGCL. The