Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 941

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 1C
Chunk 941
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 Capital Corp and Stern Aegis 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 Josepthal, 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.

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 seven (5) 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-year term, except that the Class I directors are appointed to an initial one-year term (and
three-year terms subsequently), the Class II directors are appointed to an initial two-year term (and three-year terms subsequently) and
the Class III directors are appointed to an initial three-year term (and three-year terms subsequently). There