Company: ZCARW
Filing Date: 2025-01-21
Form Type: DEF 14A
Source: 0001213900-25-005022
Chunk: 68

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-01-21
Form: DEF 14A
Chunk 68
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 of the Company at Anjaneya Techno
Park, No.147, 1st Floor, Kodihalli, Bangalore, India 560008.

<div align='center'>34

ANNEX A

AMENDMENT NO. 1

TO THE

ZOOMCAR HOLDINGS, INC.

2023 EQUITY INCENTIVE PLAN</div>

This Amendment No. 1 (this “”)
to the Zoomcar Holdings, Inc. 2023 Equity Incentive Plan (the “”), is adopted by the Board of Directors (the “”)
of Zoomcar Holdings, Inc., a Delaware corporation (the “”), effective as of March 31, 2025 (the “”), subject to the approval of the Company’s shareholders. Capitalized terms used in this Amendment and
not otherwise defined herein shall have the meanings ascribed to such terms in the Plan.

RECITALS

| A. | The Company currently maintains the Plan. |

| B. | Pursuant to Section 18(a) of the Plan, the Board may amend, alter, suspend, or terminate the Plan at any 
 time.                                                                                                    |

| C. | The Board believes that it is in the best interests of the Company and its shareholders to amend the Plan, 
 subject to shareholder approval, to increase the Plan Share Limit as set forth herein.                     |

AMENDMENT

Subject to the approval of the Company’s
shareholders, effective as of the Amendment Effective Date, Section 4(a) of the Plan is hereby amended in its entirety to read as follows:

“. Subject to the provisions of Section 14, the maximum aggregate number of
Shares that may be issued under the Plan is the sum of (A) 392,189 Shares and (B) fifteen
percent (15%) of the issued and outstanding Shares of the Company on March 31, 2025 (collectively,
the “”). The Shares subject to the Plan may be authorized,
but unissued, or reacquired Shares.”

Subject to the approval of the Company’s
shareholders, this Amendment shall be and, as of the Amendment Effective Date, is hereby incorporated in and forms a part of the Plan.

Except as specifically set forth in this Amendment,
there are no other amendments to the Plan, and the Plan shall remain in full force and effect.

<div align='center'>ANNEX B

CERTIFICATE OF AMENDMENT

TO THE

AMENDED AND RESTATED

CERTIFICATE OF INCORPORATION

OF