Company: ZCARW
Filing Date: 2025-03-28
Form Type: DRS
Source: 0001013762-25-003498
Chunk: 214

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-03-28
Form: DRS
Chunk 214
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of Central Texas.

Mr. John Clarkehas
been a director of the Company since June 2024. Mr. Clarke has 40 years of experience providing specialty financing and capital advice
regarding emerging private and public companies. In 2021, John joined Aegis Capital Corp and SternAegis Ventures as a Senior Managing
Director. Previously, he has been President of H.C. Wainwright & Co and worked with Spencer Trask Ventures, as well as several Investment
boutiques and NYSE brokerage firms. During his career, he has raised several hundred million dollars for over 100 private and public Offerings
in a variety of emerging industries.

Mr. Clarke developed his
career as a Branch Manager for Josephthal, Lyon & Ross and is currently registered with Representative, General Securities and Financial
and Operations Principal Securities and Research Analyst Supervisory licenses. He is a graduate of the E. Claiborne Robbins School of
Business and holds a B.S. in Finance, and lives in New Jersey. Mr. Clarke was designated to the Board by Aegis Capital Corp. pursuant
to an arrangement between the Company and Aegis which provided that Aegis has the one-time right to designate two (2) independent directors
to the Board.

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Family Relationships

There are no family relationships
among any of our directors or executive officers.

Certain Legal Proceedings

None of the Company’s
directors or executive officers have been involved, in the past ten years and in a manner material to an evaluation of such director’s
or officer’s ability or integrity to serve as a director or executive officer, in any of those “Certain Legal Proceedings”
more fully detailed in Item 401(f) of Regulation S-K, which include but are not limited to, bankruptcies, criminal convictions and an
adjudication finding that an individual violated federal or state securities laws.

Corporate Governance

Composition of the Board of Directors

Our business and affairs
are organized under the direction of the Board, which consists of six (6) members. Mohan Ananda serves as Chairman of the Board. The primary
responsibilities of the Board are to provide oversight, strategic guidance, counselling and direction to our management. The Board meets
on a regular basis and additionally as required.

In accordance with the terms
of the Charter, the Board is divided into three classes, Class I, Class II and Class III, with only one class of directors being elected
in each year and each class serving a three