Company: ZCARW
Filing Date: 2025-03-28
Form Type: DRS
Source: 0001013762-25-003498
Chunk: 231

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-03-28
Form: DRS
Chunk 231
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End Table

Certain employees hold 205
options. Each equity award was granted subject to the terms of the 2012 Equity Plan which was assumed by the company under the 2023 Equity
Incentive Plan.

<div align='center'>135

DIRECTOR COMPENSATION</div>

The following table presents
the total compensation earned and paid to non-employee members (“Directors”) of the Zoomcar Board for the fiscal year beginning
April 1, 2023, and ended March 31, 2024. Mr. Greg Moran, our former Chief Executive Officer, did not receive any compensation for his
service as a member of the Zoomcar Board during any period presented. Mr. Moran’s compensation for service as an employee is presented
above under the heading “Summary Compensation Table.” In addition to the compensation outlined below, we reimburse
Directors for reasonable travel expenses and out-of-pocket costs incurred in attending meetings of the Zoomcar Board or events attended
on behalf of Zoomcar.

| Name                     |     | Fees Earned 
 or Paid in  
 Cash        
 ($)         |         |     | Option 
 Awards 
 ($)    |   |     | Total 
 ($)   |         |
| Uri Levine, Chairman (1) |     |             |  29.500 |     |        | - |     |       |  29.500 |
| David Ishag (2)          |     |             |  45,000 |     |        | - |     |       |  45,000 |
| Graham Gullans (3)       |     |             | 100,000 |     |        | - |     |       | 100,000 |
| Mohan Ananda             |     |             |  22,500 |     |        | - |     |       |  22,500 |
| Madan Menon              |     |             |  24,750 |     |        | - |     |       |  24,750 |
| Evelyn D’An              |     |             |  97,752 |     |        | - |     |       |  97,752 |
| Swatick Majumdar         |     |             |  64,634 |     |        | - |     |       |  64,634 |
| Lisbeth McNabb (4)       |     |             |       - |     |        | - |     |       |