All specifications/figures are indicative only and subject to requisite certification(s). TrueRange™ provided is applicable on SmartEco™ riding mode. Actual performance figures may vary depending on various conditions including driving patterns, driving modes etc. Declared IDC range figures are as per ARAI IDC standard testing conditions. Degradation/performance of the battery shall be solely determined by Ather. Specifications, pricing and product availability are subject to change without notice. 5 year extended battery warranty can only be purchased with AtherStack™ Pro. 8 years or 80 000 km (whichever is earlier) extended battery warranty with 70% state of health (Eight70™ Warranty) or 10 years or 1 00 000 km (whichever is earlier) extended battery warranty (as the case may be) is available for purchase as an add-on at additional cost with AtherStack™ Pro within 60 days from the date of vehicle invoicing. Images shown on the website are for representation purposes only, actual products may vary. Advanced Electronic Braking System (AeBS™) is not an alternative to braking. Applying brakes wherever necessary is recommended. Home charging and combined charging figures are as per ideal conditions. All third-party trademarks (including words, logos and icons) referenced by Ather Energy Limited remain the property of their respective owners.WhatsApp trademark is owned by Meta. Please do not answer calls while riding. Google maps is the property of Google Inc. AEBS™, WhatsApp on dashboard, Google maps, Cricket scores on dashboard and are available on Konarc Z model only. MagicKey on App and Boot with AutoPop™ is available on Konarc Z (IDC range 161 km) model only. Cricket scores on the dashboard will be visible only when the scooter is stationary. Voice on Ather requires bluetooth connectivity. Pothole+™ data is aggregated as per Ather's database, which may be updated from time to time. Riders are advised to ride cautiously and be responsible for their own safe riding. Once a year service or 10 000 km (whichever is earlier) for periodic maintenance only as per Ather's service manual, actual service frequency for other issues may vary. To know all about the current offering/pricing, change in product configurations and inclusions get in touch with your nearest Ather Space.&nbsp;Product shown for representation purposes only. Actual features and specifications may vary based on model. Rizta-S models come with tubular grabrails. To know more on current features and specifications, please contact your nearest Ather Experience Centres.&nbsp;All specifications/figures are indicative only and subject to requisite certification(s). TrueRange™ provided is applicable on SmartEco™ riding mode. Actual performance figures may vary depending on various conditions including driving patterns, driving modes etc. Declared IDC range figures are as per ARAI IDC standard testing conditions. Degradation/performance of the battery shall be solely determined by Ather. Ather may form partnerships or alliances with third parties from time to time in order to facilitate the provision of its products and services. Specifications, pricing and product availability are subject to change without notice. 5 year extended battery warranty can only be purchased with AtherStack™ Pro. 8 years or 80 000 km (whichever is earlier) extended battery warranty with 70% state of health (Eight70™ Warranty) or 10 years or 1 00 000 km (whichever is earlier) extended battery warranty (as the case may be) is available for purchase as an add-on at additional cost with AtherStack™ Pro within 60 days from the date of vehicle invoicing. Contact your nearest Ather Experience Center to know the exact details and pricing. Images shown on the website are for representation purposes only, actual products may vary. Magic Twist™ is not an alternative to braking. Applying brakes wherever necessary is recommended. Home charging figures are as per ideal conditions. To know all about the current offering/pricing, change in product configurations and inclusions get in touch with your nearest Ather Space. Ather Grid map shown is only indicative and not an exact representation of the GPS coordinates of the Ather Grid locations. Ather Energy's trademarks are listed athttps://www.atherenergy.com/trademarks. All third-party trademarks (including words, logos and icons) referenced by Ather Energy Limited remain the property of their respective owners. Amazon, Alexa, and all related marks are trademarks ofAmazon.com, Inc. or its affiliates. WhatsApp trademark is owned by Meta. *Effective ex-showroom of 450S in Bengaluru. *Effective ex-showroom price of ₹ 99 999 for Ather Rizta is applicable in select cities and valid for limited stocks only. For Battery-as-a-Service, Ather may form partnerships or alliances with Banks/ NBFCs/ other partners from time to time in order to facilitate the customers to avail the product. Effective ex-showroom price of Rizta S (IDC- 123 km) at Lucknow is ₹ 1 07 499 with BaaS price of ₹75 999/- plus additional battery usage charges with select lenders (without AtherStack™ Pro). ₹1 / km is based on a minimum usage of approx 1 000 km per month for 48 months. Charging 30 km in 10 mins applicable on Ather Grid™ 3.0 for Ather 450X(161 KM) Rizta Z(IDC 161 KM) and Ather 2025 Apex manufactured and sold from 31 July 2025 onwards under ideal conditions. Cricket scores on dashboard will be visible only when scooter is stationary. Pothole+ Alerts data is aggregated as per Ather's database, which may be updated from time to time. Riders are advised to ride cautiously and be responsible for their own safe riding. ParkSafe™ is based on aggregated data as available with Ather, which may be updated from time to time. Riders are responsible for independently verifying no-parking zones. Voice on Ather requires bluetooth connectivity.

About us&nbsp;We are a pioneering EV company committed to driving the electric mobility space in India. We believe that a seamless transition to an electric world will be driven by building deeply integrated mobility ecosystems. We do that by leveraging our deep engineering capability, to build great products and experiences across the entire EV ecosystem.

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Pioneering the electric revolution in India.

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https://www.atherenergy.com/investor-relations/stock-exchange-disclosure

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You can reach out to us for more information.

Investor Relations

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As part of our commitment to transparency, we have previously commissioned impact reports in partnership with Aspire Impact, under the proprietary 4P framework which assessed our Company’s impact across Product, Planet, People and Policy. We have consistently received a rating of Gold Leaf.

Impact Report 2024

Impact Report 2021

Impact Report 2020

Impact Reports

Sustainability Report 2025

Sustainability Report

We are exploring battery chemistries and motor technologies that do not contain any rare-earth magnets which will aid our supply chain to be more resilient and less carbon intense, while also avoiding the negative externalities associated with mining rare-earth minerals.

Developing Technologies

Ather owners have collectively saved approximately ₹6.0 billion in petrol costs, and avoided more than 71 million tonnes of CO2 from January 2023 to June 2024.&nbsp;Our sustainable manufacturing initiatives include paper-based packaging, renewable energy, air pollution control and zero-sewage discharge.&nbsp;&nbsp;<ul style="list-style-type:disc;"><li>We have adopted green packaging and reusable packaging such as water-based paper tapes, paper pouches, paper bubble, shredded carton waste used as cushion/fillers, velcro straps, biodegradable packaging sheets, and recycled paper. &nbsp;</li><li>13% of our current manufacturing capacity energy needs were powered by solar panels installed on-site in our Hosur Factory. &nbsp;</li><li>The implementation of ISO 14001 environmental management system has led to optimisation of energy consumption through various energy-saving projects.</li></ul>

Sustainable Practices

Mitigating the Impact on Environment

Think As A Species™ is our culture collective that serves as a building block for our thoughts, actions, and working ways. Under the umbrella of TAAS™, we have five values whose wisdom we turn to in defining who we are, the way we work and the way we aspire to conduct our business:&nbsp;1) Know your true north.&nbsp;2) Move fast and don’t break things.&nbsp;3) Always be closing.&nbsp;4) None of us is as smart as all of us.&nbsp;5) Be nice.

Weaving Culture, One Strand at a Time

Our employee benefits include 1-6 months of sabbatical leave once every two years, child adoption/surrogacy leave, miscarriage leave, and volunteering leave. Our medical insurance policy coverage extends to domestic (live-in) partners as well.

Benefits

Our Learning Assistance Policy encourages employees to pursue deeper knowledge in their domain for enhanced contribution to current and future roles. We offer compliance, technical, leadership and behavioural training programs to aid in the holistic development of our employees.

Learning Opportunities

<ul style="list-style-type:disc;"><li>We have fostered a healthy, safe and inclusive work environment for our employees as demonstrated by the annualised retention rate of 82%.&nbsp; &nbsp;</li><li>We were recognised with the Marksmen Daily’s award as the Most Preferred Workplace (Manufacturing Edition) in 2024.&nbsp; &nbsp;</li><li>Our diversity, equity and inclusion efforts are carried out under the umbrella of Mosaic. We have conducted interventions such as an awareness session on PCOS, and an art workshop by a differently-abled artist.&nbsp; &nbsp;</li><li>We are an equal opportunities provider, and we aim to promote and safeguard the equality, fairness, dignity and social inclusion of persons with disabilities, HIV &amp; AIDS and people identifying themselves as a part of the LGBTQIA+ community at Ather.&nbsp; &nbsp;</li><li>In 2023, we were awarded the Top 25 Safest Workplaces in India by kelpHR PoSH Awards. We have zero-tolerance for sexual harassment.</li></ul>

Building an Inclusive Workplace

Guided by our CSR policy, we have engaged in various social activities such as supporting children from migrant families at a polio vaccination drive, donating immediate food needs to families in the cyclone Michaung flood response and raising awareness on the effect of single-use plastics and distribution of reusable cloth bags to children.&nbsp;&nbsp;We strive to engage with our community to educate them about the EV space and its possibilities.&nbsp;&nbsp;<ul style="list-style-type:disc;"><li>Our initiatives towards this include open houses, Ather Community Day, Wheee camps, and PluggedIn. &nbsp;</li><li>Through the Ather Vantage community, we collaborate with university students and other communities on tech competitions and open knowledge-sharing sessions on aspects of building an electric ecosystem.</li></ul>

The Communities We Operate In

Our live location sharing feature addresses concerns for personal safety, particularly for women, whilst technologies such as traction control, Emergency Stop Light and Fall Safe™ ensure that our customers avoid unnecessary accidents. Our Halo™ and Halo Bit™ smart helmets, coupled with onboard navigation on our scooters, discourage the use of phones while riding.

Safety First, Always

Investing in Talent and Community

Environment Clearance

Six-Monthly EC Compliance Report (April 2025 - September 2025)

Six-Monthly EC Compliance Report (October 2025 - March 2026)

Factory 3.0

Our Company adopts a robust approach to corporate governance in order to create long-term stakeholder value for our promoters, shareholders, employees and community.&nbsp;&nbsp;<ul style="list-style-type:disc;"><li class="ck-list-marker-color" style="--ck-content-list-marker-color:hsl(216,10%,40%);" data-list-item-id="e44916cfc7fbcd9c5f1c747c7548cb577">Our board consists of 8 directors, including 3 independent directors.&nbsp; &nbsp;</li><li class="ck-list-marker-color" style="--ck-content-list-marker-color:hsl(216,10%,40%);" data-list-item-id="ed0e9690d4a37f77004f1c77d77b61243">Single-company structure - led by Tarun Mehta and Swapnil Jain, and a tenured senior leadership team - ensures transparency and a simple governance structure. &nbsp;</li><li class="ck-list-marker-color" style="--ck-content-list-marker-color:hsl(216,10%,40%);" data-list-item-id="ecafd9be8babc47b4e2582355ca242faf">Our board consists of audit, risk, nomination, corporate social responsibility, initial public offering, and remuneration and stakeholder relations committees.</li></ul>

Our Leadership and Investors

We practice a zero-tolerance approach to bribery, corruption and fraud.&nbsp;&nbsp;<ul style="list-style-type:disc;"><li>The Anti-bribery and Anti-corruption, Anti-Fraud and Fraud Reporting, and Whistleblower policies &nbsp;provide frameworks for ensuring compliance with legislations governing bribery, corruption, and fraud, and enables all stakeholders to report misconducts on a strictly confidential basis.&nbsp; &nbsp;</li><li>Our Code of Ethics, which aligns with our values system, Think As A Species™, covers a range of matters including the handling of conflicts of interest, regulatory compliance issues and providing equal opportunities.</li></ul>

Policies

Strong Governance Practices

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Neelam Dhawan is the Chairperson and an Independent Director of our Company. She holds a bachelor's degree in arts (economics) from the University of Delhi and a master’s degree in business administration from the University of Delhi. She was previously associated with Hewlett-Packard Enterprise India Private Limited as vice president, solutions sales and with HP India Sales Private Limited, Hewlett-Packard India Private Limited, Microsoft Corporation (India) Private Limited as managing director. Currently she serves as an Independent Director on the Boards of Hindustan Unilever Limited, Tech Mahindra Limited, Fractal Analytics Limited, Capillary Technologies India Limited, Data Security Council of India, Delhivery Limited and as Director on the Boards of Nudge Lifeskills Foundation and Capita PLC. She has over 18 years of experience in information technology.

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Chairperson and Independent Director

Neelam Dhawan

Tarun Sanjay Mehta is one of the Promoters, is an Executive Director and the Chief Executive Officer of our Company. He has been associated with our Company since incorporation and leads operations in the product, business as well as growth front. He holds a bachelor’s and masters’ degree in technology in Engineering Design from Indian Institute of Technology, Madras under the dual degree programme. He has over 10 years of experience in the electric vehicles sector. He attended the CEO Forum (Quai d'Orsay) in Paris, France in 2023. He has received the ‘Jagdish Khattar Rising Star’ award from Acko Drive, the ‘Young Entrepreneur’ award from the All India Management Association, the ‘Keep Walking’ award from India chapter of International Advertising Association and Walkers &amp; Co, and was named in the list of ‘India 30 under 30’ by Forbes India in 2018 and in Fortune ‘40 under 40’ in 2019, 2021 and 2023.

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Executive Director and Chief Executive Officer

Tarun Sanjay Mehta

Swapnil Babanlal Jain is one of the Promoters, is an Executive Director and the Chief Technical Officer of our Company. He has been associated with our Company since incorporation and works on both the long-term technology roadmap for our Company, as well as day-to-day aspects of creating an engineering team and culture. He holds a bachelor’s and masters’ degree in technology in Engineering Design from Indian Institute of Technology, Madras under the dual degree programme. He has over 10 years of experience in the electric vehicles sector. He has received ‘Young Entrepreneur’ award from the All India Management Association and was named in the list of ‘India 30 under 30’ by Forbes India in 2018 and in Fortune ‘40 under 40’ in 2019, 2021 and 2023.

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Executive Director and Chief Technical Officer

Swapnil Babanlal Jain

Ram Kuppuswamy is a Non-executive Director of our Company. He has been associated with our Company since January 27, 2023. He holds a bachelor’s degree in engineering from Madurai Kamaraj University and a post-graduate diploma in management from the Indian Institute of Management, Ahmedabad. He was previously associated with Bharti Airtel Limited and VMWare Singapore Pte. Ltd. He is currently designated as the chief operations officer -manufacturing of HMCL. He has over nine years of experience in supply chain management, logistics and customer fulfilment.

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Non-executive Director

Ram Kuppuswamy

Pankaj Sood is a Non-executive Director of our Company. He has been associated with our Company since November 11, 2022. He holds a bachelor’s degree in chemical engineering from Indian Institute of Technology, Kharagpur and a post-graduate diploma in computer aided management from Indian Institute of Management, Kolkata. He was previously associated with Kotak Mahindra Capital Company Limited, Ernst &amp; Young and SBI Capital Markets. He is currently employed by GIC in the Global Leadership Group. He has over 25 years of experience in finance, advisory and capital markets. Currently he is a Nominee Director on the Boards of Bandhan Financial Holdings Limited and Bandhan Financial Services Limited and Director on the Boards of Spore Investment Management (India) Private Limited, Mphasis Limited and &nbsp;Aditya Birla Lifestyle Brands Limited and Whole-time Director on the Board of Singapore Investcorp (India) Private Limited.

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Pankaj Sood

Kaushik Dutta is an Independent Director of our Company. He is a fellow member of the Institute of Chartered Accountants of India and a co-founder of Thought Arbitrage Research Institute, an independent not-for-profit research think tank working in areas of corporate governance and sustainability. He was also associated with Price Waterhouse &amp; Co Chartered Accountants, LLP, and Lovelock &amp; Lewes, Chartered Accountants as Partner for over 16 years. He was engaged as an expert on corporate governance by the Indian Institute of Corporate Affairs of the Ministry of Corporate Affairs in matters relating to future of corporate governance in India, was engaged as a consultant by the Serious Fraud Investigation Office, MCA and was a member of the Task Force to lay down the Criteria for Selection of the Strategic Partners for Various Platforms from the Private Sector Industry. He has over 25 years of experience in governance, policy and audit. Currently he serves as an Independent Director on the Boards of Eternal Limited, BlackBuck Limited, Hero FinCorp Limited, Shiprocket Limited, Resilient Innovations Private Limited, Blink Commerce Private Limited and as Director on the Board of Thought Arbitrage Research Institute.

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Independent Director

Kaushik Dutta

Sanjay Nayak is an Independent Director of our Company. He has been associated with our Company since August 27, 2024. He holds a bachelor’s degree in science (engineering) from Birla Institute of Technology, Ranchi University and a master’s degree in science from North Carolina State University, Raleigh. He was previously associated with Tejas Networks Limited as its managing director and chief executive officer. He has over 23 years of industry experience and has expertise in electronics and telecommunications. Currently he serves as an Independent Director on the Board of Epic Electronics Products Foundation and as Director on the Board of Shramol Technologies Private Limited and IIMBx Digital Learning Foundation.

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Sanjay Nayak

Mr. Vivek Anand is a finance professional with over three decades of diverse industry experience in FMCG, Telecom, Paints, Consumer Healthcare and Real Estate. He joined Hero MotoCorp in March 2024 to spearhead the finance function.&nbsp;&nbsp;He has worked with Hindustan Unilever Limited, Unilever Singapore, Unilever Bangladesh, Telenor, GSK and DLF. In his previous role as Group Chief Financial Officer at DLF Ltd based in Gurugram, Mr. Vivek instilled a culture of performance into the Company and was instrumental in driving growth and profitability while steering the Company to an all-time high market cap of $27Bn (3.5x growth in 4 years).&nbsp;&nbsp;In his earlier role, Mr. Vivek was part of the lead team at GSK Healthcare during India's largest business divestment in the consumer sector valued at $4Bn. This involved divestment of HFD business to Unilever, involving sale of heritage brands like Horlicks and Boost sold in more than 20 countries.&nbsp;&nbsp;A Chartered Accountant, Mr. Vivek has significant experience in Indian and international markets with a strong acumen in Finance, Treasury, Mergers &amp; Acquisitions, Corporate Planning, Investor Relations, Tax Planning, Risk Management and Information Technology.&nbsp;&nbsp;Currently he serves as Director on the Board of HMC MM Auto Limited.

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Vivek Anand

Board of Directors

&nbsp;<ol style="list-style-type:decimal;"><li>Mr. Kaushik Dutta, Independent Director - Chairperson &nbsp;</li><li>Ms. Neelam Dhawan, Independent Director - Member &nbsp;</li><li>Mr. Ram Kuppuswamy, Non-executive Director - Member</li></ol>

Audit Committee

&nbsp;<ol style="list-style-type:decimal;"><li>Mr. Sanjay Nayak, Independent Director - Chairperson &nbsp;</li><li>Ms. Neelam Dhawan, Independent Director - Member &nbsp;</li><li>Mr. Pankaj Sood, Non-executive Director - Member</li></ol>

Nomination and Remuneration Committee

&nbsp;<ol style="list-style-type:decimal;"><li>Ms. Neelam Dhawan, Independent Director - Chairperson &nbsp;</li><li>Mr. Sanjay Nayak, Independent Director - Member &nbsp;</li><li>Mr. Tarun Sanjay Mehta, Executive Director - Member</li></ol>

Stakeholder Relationship Committee

&nbsp;<ol style="list-style-type:decimal;"><li>Mr. Kaushik Dutta, Independent Director - Chairperson &nbsp;</li><li>Mr. Swapnil Babanlal Jain, Executive Director - Member &nbsp;</li><li>Mr. Ram Kuppuswamy, Non-executive Director - Member</li></ol>

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