Zoomcar downgraded from OTCQX to OTCQB; shares now trade on OTCQB under ZCAR

Zoomcar Holdings, Inc.

Received OTC Markets notice on Aug 7, 2025 re: missing OTCQX eligibility; elected transition to OTCQB.
Ordinary shares began trading on OTCQB tier on Nov 4, 2025 under ticker ZCAR.
Transition does not affect Exchange Act reporting obligations or U.S. public trading.
Company remains an emerging growth company as defined by SEC rules.

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