Company: ZCARW
Filing Date: 2025-05-12
Form Type: S-1/A
Source: 0001213900-25-041769
Chunk: 199

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-05-12
Form: S-1/A
Chunk 199
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 by Mr. Moran during the fiscal year ended March 31, 2025 and 2024 respectively. 
 On June 20, 2024, Greg Moran, the Company’s Chief Executive Officer, was terminated from his role.                                         |

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| (6) | Mr. Geiv Dubash(former Chief Financial Officer) resigned as Chief Financial                                                            
 Officer effective April 12, 2024. Mr. Sachin Gupta served as our Interim Chief Financial Officer from April 12, 2024 until January 16, 
 2025 and then was appointed Chief Financial Officer with effect from January 17, 2025.                                                 |

| (7) | On behalf of Mr. Gupta, Zoomcar made $15,651 and $37,528 in contributions                                               
 to India’s Provident Fund, a defined contribution plan, for the fiscal year ended March 31, 2025 and 2024 respectively. |

| (8) | Following                                                                                                                                      
 such termination of Mr. Moran, effective June 20, 2024, the Board of Directors of the Company appointed Hiroshi Nishijima, the Company’s       
 Chief Operating Officer, as Acting Chief Executive Officer and then as Chief Executive Officer on February 1, 2025. Pursuant to his employment 
 agreement, Mr. Nishijima’s annual salary is  $350,000 per annum. Mr. Nishijima has resigned from his position as the Chief                     
 Executive Officer. Mr. Nishijima’s resignation is effective from May 02, 2025 and was finalized by the Board on May 07,2025.                   |

| (9) | Mr. Nishijima received retention incentives totaling $10,721 and $78,399 
 in respect of the fiscal year ended March 31, 2025 and 2024.             |

| (10) | On behalf of Mr. Nishijima, Zoomcar made $ 125,145 and $52,903 in contributions                                        
 to India’s Provident Fund, a defined contribution plan, for the fiscal year ended March 31, 2025 and 2024 respectively |

| (11) | On January 6, 2025, the board of directors (the “Board”)                                                              
 of Zoomcar Holdings, Inc. (the “Company”) approved the designation of Shachi Singh, the Company’s General Counsel and 
 Chief Legal Officer, as an executive officer of the Company, effective immediately