Easy Trip Planners Ltd Directors Report

Dear Members,

EASY TRIP PLANNERS LIMITED

Your directors have pleasure in presenting the 17 th Annual Report together with the Audited Financial Statements (Standalone and Consolidated) of Accounts of your Company for the Year ended 31 st March, 2025.

1. FINANCIAL RESULTS

In compliance with the provisions of the Companies Act, 2013 (Act), and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) the Company has prepared its standalone and consolidated financial statements as per Indian Accounting Standards (Ind AS) for the Financial Year (FY) 2024-25. The standalone and consolidated financial highlights of the Companys operations are as follows:

( million)

Particular	Standalone		Consolidated
	2025	2024	2025	2024
Revenue from Operations	4,032.35	4,815.25	5,873.24	5,905.76
Other Income	199.55	179.91	159.26	185.05
Total Income	4,231.90	4,995.16	6,032.50	6,090.81
Total Expenses	2,856.93	2,669.03	4,602.68	3,940.18
Profit/(Loss) before tax	1,374.97	2,326.13	1,429.82	2,150.63
Exceptional Items	-	724.31	-	724.31
Total Tax Expense	354.97	409.86	343.26	391.66
Net profit after tax before exceptional items (net of tax)	1,020.00	1,733.97	1,086.56	1,576.67
Profit/(Loss) for the year	1,020.00	1,191.96	1,086.56	1,034.66
Other comprehensive income/(loss) for the year, net of tax	98.92	1.48	84.41	(2.96)
Total comprehensive Income of the year, net of tax	1,118.92	1,193.44	1,170.97	1,031.70
Total comprehensive income/(loss) for the year
attributable to:
Equity holders of the parent company	1,118.92	1,193.44	1,157.89	1,028.09
Non-controlling interests	-	-	13.08	3.61

2. STATE OF AFFAIRS

During the financial year underreview, your Company has achieved a Standalone Revenue from operations of

4,032.35 million as against 4,815.25 million in the previous year. Profit before tax is 1,374.97 million as against 2,326.13 million for the previous year.

Total comprehensive income of the year is 1,118.92 million as against 1,193.44 million for the previous year.

During the financial year underreview, your Company has achieved a Consolidate Revenue from operations of 5,873.24 million as against 5,905.76 million in the previous year. Profit before tax is 1,429.82 million as against 2,150.63 million for the previous year.

Total comprehensive income attributable to equity holders of the parent of the year is 1,157.89 million as against 1,028.09 million for the previous year.

OVERVIEW

EaseMyTrip commenced operations in 2008 by focusing on the B2B2C (business to business to customer) distribution channel and providing travel agents access through their website to book domestic travel airline tickets in order to cater to the offline travel market in India. Subsequently, by leveraging their B2B2C channel, they commenced operations in the B2C (business to customer) distribution channel in 2011 by primarily focusing on the growing Indian middle class populations travel requirements. Consequently, due to their presence in the B2B2C and B2C channels, they were able to commence operations in the B2E (business to enterprise) distribution channel in 2013 with the aim of providing end-to-end travel solutions to corporates. Their presence in 3 distinct distribution customer channels provides them with a diversified base and wide distribution network.

As of March 31, 2025, the Company provided customers with access to more than 400 international and domestic airlines, more than 2.9 million hotels in India and international jurisdictions, almost all the railway stations in India as well as bus tickets and taxi rentals for major cities in India. Further, EaseMyTrip also had the largest network of travel agents with 72,000+ registered travel agents across almost all major cities in India as of March 31, 2025.

3. TRANSFER TO RESERVE

During the financial year under review, the Company had no outstanding Share Option balances and did not transfer any amount to the General Reserve.

The total General Reserve stands at 2,493.16 million on standalone basis whereas 2,216.82 million on consolidated basis.

4. CHANGE IN THE NATURE OF BUSINESS

There has been no change in the nature of the business of the Company. Your Company continues to be in the business of Travel and Travel related services, and is exploring business opportunities in Hospitality,

Aviation, Insurance Broking Sector, EV Manufacturing and Foreign Exchange Money Changer.

5. SHARE CAPITAL

As on March 31, 2025, the authorised share capital of the Company stood at 5,00,00,00,000/- (comprising of 5,00,00,00,000 equity shares of face value 1/- each). The paid-up equity share capital as at March 31, 2025, was 3,54,40,81,236/- (comprising of 3,54,40,81,236 equity shares of face value 1/- each).

During the financial year under review, the

Company increased its authorised share capital from

2,50,00,00,000/- (Rupees Two Hundred Fifty Crore

Only), divided into 2,50,00,00,000 equity shares of 1/- each, to 5,00,00,00,000/- (Rupees Five Hundred Crore Only), divided into 5,00,00,00,000 equity shares of 1/- each, pursuant to members Special Resolution dated November 14, 2025 passed through Postal Ballot.

PREFERENTIAL ISSUE

During the financial year underreview, the Company has issued 12,84,47,034 equity shares of 1/- each on a preferential basis, as approved by the members through Special Resolution passed via postal ballot on January 07, 2025.

Subsequently, after the end of the financial year

March 31, 2025, the Company has allotted 9,27,71,952* equity shares of face value 1/- each, fully paid-up, on a preferential basis at a price of 18.22 per equity share, which includes a premium of 17.22 per share consideration of which has been received by way of equity swap.

* Please refer to our Stock Exchange disclosure dated

April 12, 2025 and July 9, 2025.

BONUS ISSUE

During the financial year under review, the Company issued bonus equity shares of 1/- (Rupee One Only) each to eligible members in the proportion of 1 (one) equity share for every 1 (one) existing equity share held by them, as approved by the members through an Ordinary Resolution passed via postal ballot on November 14, 2024.

Consequently, the paid-up share capital of the

Company increased from 1,77,20,40,618/- (comprising of 1,77,20,40,618 equity shares of 1/- each) to 3,54,40,81,236/- (comprising of 3,54,40,81,236 equity shares of 1/- each).

6. EQUITY SHARES WITH DIFFERENTIAL RIGHTS AND SWEAT EQUITY SHARES

The Company has not issued any equity shares with differential rights as to dividend, voting, or otherwise, nor has it issued any sweat equity shares during the financial year under review.

7. DIVIDEND

During the financial year under review, the Board has not recommended any dividend

DIVIDEND DISTRIBUTION POLICY

Pursuant to Regulation 43A of the Securities and

Exchange Board of India (Listing Obligations and

Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations), the Board of the Company had formulated a Dividend Distribution Policy (the Policy).

The Policy is available on the Companys website URL: https://www.easemytrip.com/investor-pdf/Policy-for-Dividend-Distribution.pdf

8. EMPLOYEES STOCK OPTION PLAN (ESOP)

During the financial year underreview, the Company has not issued any Employee Stock Options (ESOPs)

However, in compliance with the provisions of Section

62(1)(b) of the Companies Act, 2013, the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, and other applicable provisions, if any, the Company had approved the "Easy Trip Planners Employees Stock

Option Plan 2022" through Special Resolution passed by the members at the Annual General Meeting held on August 30, 2022. The validity of the said ESOP Plan was further extended by way of Special Resolution passed by the shareholders through Postal Ballot on September 06, 2023.

9. QUALIFIED INSTITUTIONAL PLACEMENT

The Company has not issued any securities through Qualified Institutions Placement (QIP) during financial year under review.

10. LISTING AT STOCK EXCHANGES

The Equity Shares of the Company are listed on BSE

Limited ("BSE") and National Stock Exchange of India

Limited ("NSE") (collectively referred to as ("Stock

Exchanges").

Further, trading in the Equity Shares was not suspended on the Stock Exchanges during the financial year under review.

11. SUBSIDIARIES

(a) Consolidated Financial Statements

During the financial year underreview, the Board of Directors reviewed the affairs of the Companys subsidiaries. The Consolidated Financial Statements of the Company for the financial year 2024 25 have been prepared in accordance with the provisions of the Companies Act, 2013 ("the Act") and applicable Indian Accounting Standards

(Ind AS). The Consolidated Audited Financial

Statements, together with the Auditors Report, form part of this Annual Report. A report on the performance and financial position of each subsidiary is included in the Consolidated Financial

Statements and is provided in a separate section of this Annual Report.

Pursuant to the first provisoto Section 129(3) of the Act, read with Rule 5 and Rule 8(1) of the Companies (Accounts) Rules, 2014, the salient features of the financial statements, including the performance and financial position of each subsidiary, are disclosed in Form AOC-1, which is annexed as Annexure A to this Report.

Further, in accordance with the provisions of Section 136 of the Act, the Standalone Audited Financial Statements, the Consolidated Audited Financial Statements, along with relevant documents, and the separate audited financial statements of each subsidiary are available on the Companys website at www.easemytrip.com.

(b) Incorporation/Acquisition of Subsidiaries during the financial year under review

As on March 31, 2025, the Company has 19 (Nineteen) Direct Subsidiaries and 2 Step-down Subsidiaries within the meaning of Sections 2(87) of the Companies Act, 2013 ("Act").

Further, the Company has incorporated following Subsidiary / Step-down subsidiary Companies in

India and abroad namely:

n Easy Green Mobility Private Limited direct subsidiary of the Company; Easy Trip Planners

Limited, Saudi Arabia direct subsidiary of the Company;

n Easy Trip Planners Do Brasil Ltda. direct subsidiary of the Company

n Ease My Trip Tours L.L.C step-down subsidiary of the Company and wholly owned subsidiary of EaseMyTrip Middleeast DMCC; and

n Ease My Trip Holiday Homes L.L.C step-down subsidiary of the Company and wholly owned subsidiary of EaseMyTrip Middleeast DMCC.

No company ceased to be the subsidiary, during the year under review.

There has been no material change in the nature of the business of the Companys subsidiaries. The policy for determining material subsidiaries of the Company is available on the Companys website URL: https:// www.easemytrip.com/investor-pdf/Policy-For-Determining-Material-Subsidiaries.pdf

12. SECRETARIAL STANDARDS

Pursuant to the provisions of Section 118 of the Companies Act, 2013, the Company has complied with the applicable Secretarial Standards issued by the Institute of Company Secretaries of India (ICSI) and notified by the Ministry of Corporate Affairs.

13. DEPOSITS

During the financial year under review, the Company has not accepted any deposits from the public within the meaning of Section 73 of the Companies Act, 2013, read with the Companies (Acceptance of Deposits) Rules, 2014. Further, the Company does not have any unclaimed or unpaid matured deposits or any interest due thereon as on the date of this Report.

14. DIRECTORS AND KEY MANAGERIAL PERSONNEL (KMP)

As on March 31, 2025, the following individuals were serving as Directors on the Board of the Company and as Key

Managerial Personnel (KMPs):

Sr. No. Name of the Directors	DIN/PAN	Designation
1 Mr. Nishant Pitti	02172265	Chairman & Whole Time Director
2 Mr. Prashant Pitti	02334082	Managing Director
3 Mr. Rikant Pittie	03136369	Chief Executive Officer & Whole Time Director
4 Mr. Satya Prakash	08489173	Independent Director
5 Justice Usha Mehra (Retired)	03361078	Independent Director
6 Mr. Vinod Kumar Tripathi	00798632	Independent Director
7 Mr. Ashish Kumar Bansal	ACSPB5909M	Chief Financial Officer
8. Mrs. Priyanka Tiwari	ASWPT6744Q	Group Company Secretary and Chief Compliance Officer

Designation n Mr. Nishant Pitti (DIN: 02172265) was re-appointed as the Whole-time Director of the Company for a term of five year with effect from May 10, 2024 till

May 09, 2029. n Mr. Rikant Pittie (DIN: 03136369) was re-appointed as the Whole-time Directors of the Company for a term of five till June 12, 2029. n Mr. Nishant Pitti (DIN: 02172265) resigned from the position of the Chief Executive Officer (CEO) of the Company with effect from January 01, 2025. n Mr. Rikant Pittie (DIN: 03136369) was appointed as the Chief Executive Officer (CEO) of the Company with effect from January 01, 2025 and was designated as the Key Managerial Personnel (KMP) under the provisions of the Companies Act, 2013 and Listing Regulations.

In accordance with provisions of the Act and the Articles of Association of the Company, Mr. Rikant Pittie,

Executive Director (DIN: 03136369)is liable to retire by rotation at this AGM and is eligible for re-appointment.

Profile and other information ofMr. Rikant Pittie as required under Regulation 26, Regulation 36 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 and Secretarial Standard - 2 is given as an Annexure to the Notice convening this Annual

General Meeting. year with effect from June 13, 2024

After the closure of Financial Year, the Company has appointed Mrs. Ruchi Ghanashyam (DIN: 09148241) and Mrs. Neena Kumar (DIN: 10551695) as Independent

Directors of the Company w.e.f. 1 st July, 2025 for a term of 5 years through Special Resolution passed by the shareholders on 30 th June, 2025 through Postal Ballot.

Further, Mr. Satya Prakash and Justice Usha Mehra

(retired) have completed their second term as Independent Director(s) on 2 nd July, 2025.

Mr. Prashant Pitti ( DIN: 02334082 ) resigned from the position of Managing Director of the Company with effect from August 29, 2025.

Mr. Nishant Pitti (DIN: 02172265) is appointed as Chairman & Managing Director with effect from

August 29, 2025 subject to shareholders approval.

Mr. Vikas Bansal (DIN:11267665) is appointed as Whole-time Director with effect from August 29, 2025 subject to shareholders approval.

15. INDEPENDENT DIRECTORS DECLARATION

As on March 31, 2025, the following individuals served as Independent Directors on the Board of the Company:

1. Mr. Satya Prakash

2. Justice Usha Mehra (Retired)

3. Mr. Vinod Kumar Tripathi

During the financial year under review, there were no appointments or resignations of Independent Directors.

Pursuant to the provisions of Section 149 of the Companies Act, 2013, and Regulation 25 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), the Independent Directors have submitted declarations confirmingthat they meet the criteria of independence as prescribed under Section 149(6) of the Act, read with the applicable rules, and Regulation 16(1)(b) of the Listing Regulations.

Further, in accordance with Regulation 25(8) of the Listing Regulations, the Independent Directors have confirmed that they are not aware of any circumstance or situation which exists or may reasonably be anticipated that could impair or impact their ability to discharge their duties with objective independent judgment and without any external influence.

Additionally, all Independent Directors have submitted declarations of compliance with Rule 6(3) of the Companies (Appointment and Qualification

Directors) Rules, 2014, as amended by the Ministry of

Corporate Affairs (MCA) Notification dated October 22,

2019, pertaining to their enrollment in the Independent Directors Data Bank maintained by the MCA.

In terms of the provisions of the Companies Act, 2013, a meeting of the Independent Directors was held on March 07, 2025, which was attended by all Independent Directors.

In compliance with the requirements under the Listing Regulations, the Company has established a structured framework for the Familiarization Programme for

Independent Directors. This programme is aimed at familiarizing them with their roles, rights, and responsibilities as Directors, the nature of the industry in which the Company operates, the Companys business model, and other relevant matters. Details of the familiarization programmes conducted during the financialyear under review are provided in the Corporate

Governance Report and are also available on the Companys website at https://www.easemytrip.com/ investor-pdf/Familiarization-Program-for-Independent-Directors.pdf.

16. BOARD EVALUATION

Pursuant to the provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors, at its meeting held on 30 th May, 2025, carried out the annual performance evaluation of the Board as a whole, individual Directors, and the functioning of its committees, including the Audit Committee, Nomination and Remuneration Committee, and other Committees of the Board.

The methodology and criteria for the evaluation, along with the outcomes, are detailed in the Corporate Governance Report, which forms part of this Annual

Report. The link to the board evaluation policy is https://www.easemytrip.com/investor-pdf/2023/ Board-Evaluation-Policy.pdf.

17. COMMITTEES OF BOARD

The Company has constituted the following Committees as mandated under the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with the applicable rules framed thereunder:

(A) Audit Committee;

(B) Nomination and Remuneration Committee (NRC); (C) Stakeholders Relationship Committee (SRC); (D) Risk Management Committee (RMC); (E) Corporate Social Responsibility Committee (CSR);

(F) Initial Public Offer Committee (IPO); (G) Qualified Institutional Placement Committee

(QIP); and

(H) Sexual Harassment Committee (SHC).

The detailed composition, terms of reference, and functioning of these Committees are provided in the

Corporate Governance Report, which forms an integral part of this Annual Report.

18. VIGIL MECHANISM AND WHISTLE BLOWER

POLICY:

Pursuant to the provisions of Section 177(9) of the Act, the Board of Directors of the Company has framed the igil Mechanism / Whistle Blower Policy for Directors and Employees of the Company. The Company has adopted a Whistle Blower Policy, as part of Vigil mechanism to provide appropriate avenues to the Directors and Employees to bring to the attention of the management any issue which is perceived to be in the violation of or in conflict with the business interest of the company. During the year, there have been no complaints received.

The policy also provides access to the Chairperson of the Audit Committee under certain circumstances.

During the financial year under review, no complaints were received under the Whistle Blower Policy.

The Whistle Blower Policy is available on the Companys website and can be accessed at: https:// www.easemytrip.com/investor-pdf/WHISTLE-BLOWER-POLICY_1.pdf

19. NOMINATION CUM REMUNERATION POLICY

For the purpose of selecting Directors, Key Managerial Personnel (KMP), and Senior Management personnel, the Nomination and Remuneration Committee evaluates and identifies individuals of integrity who possess the requisite qualifications, experience, and leadership competencies appropriate for the respective roles. The Committee also ensures that the candidates meet the eligibility criteria with respect to age, educational background, and other requirements as prescribed under the Companies Act, 2013 and other applicable laws and regulations.

Pursuant to the provision of Section 178 of the Companies Act, 2013 and the recommendations of the Nomination and Remuneration Committee, the Board has adopted a comprehensive Nomination and Remuneration Policy, which outlines the guiding principles for selection, appointment, and determination of remuneration for Directors, KMPs, and Senior Management personnel of the Company.

The salient features of the Policy as approved by the Board and amended from time to time are as follows: i. Appointment of the Directors and Key Managerial Personnel of the Company. ii. Fixation of the remuneration of the Directors, Key

Managerial Personnel and other employees of the Company. iii. Formulate a criterion for determining qualifications, positive attributes and independence of a director. iv. Specify methodology for effective evaluation of performance of Board/committees of the Board and review the terms of appointment of Independent Directors on the basis of the report of performance evaluation of the Independent Directors. v. To ensure a transparent nomination process for directors with the diversity of thought, experience, knowledge, perspective and gender in the Board. vi. Undertake any other matters as the Board may decide from time to time.

The Nomination and Remuneration Policy of the

Company is available on the website and can be accessed at the following URL: https://www.easemytrip.com/ investor-pdf/Nomination-and -Remuneration-Policy-20mar.pdf

20. WEB LINK OF ANNUAL RETURN

The Annual Return of the Company as on the financial year ended on March 31, 2025 in terms of Section 92 and Section 134 of the Act is available on the website of the Company at: https://www.easemytrip.com/ investor-relations.html expertise,

21. IEPF

During the financial year underreview, the Company was not required to transfer any funds and equity shares to the investor education and protection fund as per the provisions of Section 125 of the Act.

The details of unpaid/ uncashed dividend lying in the unpaid dividend account up to the year are available on the website of the company at: https:// www.easemytrip.com/investor-relations.html

22. AUDIT REPORT AND AUDITORS STATUTORY AUDITORS

At the 16 th Annual General Meeting held on September 28, 2024, the Shareholders approved the appointment of M/s. Walker Chandiok & Co. LLP, Chartered Accountants (Firm Registration No.

001076N/N500013) as the Statutory Auditors of the

Company for a term of five (5) consecutive years, to hold office from the conclusion of the 16 th Annual General Meeting until the conclusion of the 21 st Annual General Meeting to be held in the year 2029.

The Statutory Auditors have confirmed their eligibility to continue as Auditors of the Company in accordance with the provisions of Section 141 of the Companies Act, 2013 and the Rules framed thereunder. In accordance with the requirements of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, they have also confirmed that they hold a valid certificate issued by the Peer Review Board of the Institute of Chartered Accountants of India.

The report of the Statutory Auditor forms part of this Integrated Report and Annual Accounts

2024-25. The said report does not contain any qualification, reservation, adverse remark or disclaimer However, the observations of the Statutory Auditors in their report read together with the Notes on Accounts are self-explanatory and therefore, do not call for any further explanation.

SECRETARIAL AUDITOR

In terms of Section 204 of the Act and the Rules made there under, M/s Sharma and Trivedi LLP, Company

Secretaries, Practicing Company Secretaries, were appointed as the Secretarial Auditors of the Company for the financial year 2024-25.

The Secretarial Auditors have submitted their report, confirming that the Company has complied with all applicable provisions of corporate laws. The report does not contain any qualification, reservation, disclaimer, adverse remark.

The Secretarial Audit Report and the Secretarial Compliance Report are annexed to this Report as Annexure B.

Also, in accordance with the provisions of Section 204 of the Companies Act, 2013 and the rules made thereunder and Regulation 24A of the SEBI Listing Regulations, the Board of the Company based on the recommendation of Audit Committee approved the appointment of M/s. SMD & Co, Company Secretaries,

(Unique Identification Number: S2023HR924000), a peer reviewed firm of Company Secretaries in Practice as the Secretarial Auditors of the Company for a term of five (5) to hold office from the conclusion of the

17 th Annual General Meeting until the conclusion of the 22 nd Annual General Meeting to be held in the year 2030, subject to approval of the Shareholders of the Company at the ensuing AGM.

INTERNAL AUDITOR

The Company appointed M/s. Crowe Advisory Services (India) LLP (LLPIN: AAO-5909), Chartered Accountants,

Mumbai, as the Internal Auditor of the Company for the financial year 2024 25 to carry out the internal audit of the Company in accordance with the provisions of Section 138 of the Companies Act, 2013 and the rules made thereunder.

23. COST RECORDS AND AUDIT

The maintenance of cost records and the requirement . of cost audit as prescribed under the provisions of Section 148(1) of the Companies Act, 2013, are not applicable to the business activities carried out by the Company.

24. DETAILS OF FRAUD REPORTED BY AUDITOR

During the financial year under review, neither the

Statutory Auditors nor the Secretarial Auditor have reported any instances of fraud to the Audit Committee under Section 143(12) of the Companies Act, 2013, involving officers or employees of the Company, which would require disclosure in the Boards Report.

25. PARTICULARS OF LOANS, GUARANTEES OR INVESTMENT

The details of loans, guarantees and investments covered under the provisions of Section 186 of the

Companies Act, 2013 are provided in the financial statements for the year ended March 31, 2025, which form part of this Annual Report.

26. CONTRACTS AND ARRANGEMENTS WITH RELATED PARTIES

During the financial year underreview, all contracts, arrangements, or transactions entered into by the Company with related parties were on an arms length basis and in the ordinary course of business, and were in compliance with the applicable provisions of the Companies Act, 2013.

Form AOC-2, pursuant to Section 134(3)(h) of the Companies Act, 2013 read with Rule 8(2) of the Companies (Accounts) Rules, 2014, is provided in

Annexure-C to this Report.

The Company has implemented robust processes and procedures for the identification and monitoring related parties and related party transactions. The Policy on Related Party Transactions, which ensures proper reporting, approval, and disclosure procedures for such transactions, is available on the Companys website at: https://www.easemytrip.com/investor-pdf/2023/ Related-Party-Transactions-Policy.pdf

27. MATERIAL CHANGES AND COMMITMENTS, addressing IF

ANY, AFFECTING THE FINANCIAL POSITION OF THE COMPANY WHICH HAVE OCCURRED BETWEEN THE END OF THE FINANCIAL YEAR OF THE COMPANY TO WHICH THE FINANCIAL STATEMENTS RELATE AND THE DATE OF THE REPORT

There have been no significantmaterial changes and commitments affecting the financial position of Company between the end of the financial year which the financial statements relate and the date of this Report.

28. CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE EARNINGS & OUTGO

The information required under Section 134(3)(m) of the Companies Act, 2013, read with Rule 8(3) of the Companies (Accounts) Rules, 2014, relating to conservation of energy, technology absorption, and foreign exchange earnings and outgo is provided in Annexure-D and forms part of this Report.

The Company, being engaged in the Travel and Tourism industry, does not undertake activities involving and significant development expenditure. Accordingly, the particulars prescribed under the Companies (Accounts) Rules, 2014 in respect of conservation of energy and technology absorption are not applicable to the Company.

However, the Company continues to adopt measures for efficient energy usage and strives to optimize energy consumption across its operations.

29. RISK MANAGEMENT POLICY

Pursuant to the provisions of Section 134(3)(n) of the Companies Act, 2013, the Company has adopted appropriate measures for the development and implementation of a Risk Management System.

The system is designed after identifying elements of risk which, in the opinion of the Board, may pose a threat to the Companys continued existence.

The Company has established a comprehensive Risk Management process involving risk identification, assessment and prioritization, followed by coordinated efforts to mitigate, monitor and manage the impact or likelihood of adverse events, while also seeking to maximize potential opportunities.

The Risk Management framework is periodically reviewed by the Board of Directors to ensure that executive management is effectively through a structured and well-defined approach. Identified major risks are addressed on an ongoing basis through appropriate mitigation strategies.

The Companys Risk Management Policy is available on its website at: https://www.easemytrip.com/ investor-pdf/2022/Risk-Management-Policy-20-12-22. pdf?v=1

30. CORPORATE SOCIAL RESPONSIBILITY (CSR)

The Company has implemented its CSR initiatives through the EaseMyTrip Foundation, focusing on a broad spectrum of activities including environmental sustainability, protection of national heritage, promotion of art and culture (such as restoration of historical buildings and sites), healthcare support, promotion of education - particularly for girls by providing essential amenities, animal welfare, and the training of sportspersons.

Your Company regards Corporate Social Responsibility as an integral part of its business philosophy. It aims to operate in a sustainable manner that contributes positively to society and aligns with stakeholder interests. In accordance with Section 135 and Schedule VII of the Companies Act, 2013, the Board of Directors has constituted a CSR Committee, which has formulated a comprehensive CSR Policy.

This policy is available on the Companys website at: https://www.easemytrip.com/investor-pdf/2024/ Corporate-Social-Responsibility-Policy.pdf

For the FY 2024 25, the CSR budget was 3,35,00,426/-, out of which the Company spent 1,44,08,139/- on CSR activities. The Annual Report on CSR activities for the year ended March 31, 2025, along with the composition of the CSR Committee, is provided in Annexure E to this

Report.

31. MANAGEMENTS DISCUSSION AND ANALYSIS

In accordance with the provisions of Regulation 34(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Management Discussion and Analysis Report forms an integral part of this Integrated Annual Report.

32. CORPORATE GOVERNANCE REPORT

Pursuant to the provisions of Regulation 34(3) read with Schedule V of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the

Report on Corporate Governance for the financial year 2024-25 forms an integral part of this Integrated Annual Report.

33. BOARD POLICIES

The details of the policies approved and adopted by the Board as required under the Act and Securities and

Exchange Board of India (SEBI) regulations are provided in Annexure F to the Boards report.

34. NUMBER OF MEETINGS OF THE BOARD

The Board of Directors met fourteen (14) times during the financial year under review. The details of these meetings, including the dates and attendance of Directors, are provided in the Corporate Governance Report, which forms part of this Integrated Annual

Report. The maximum interval between any two consecutive Board meetings did not exceed 120 days, thereby complying with the requirements prescribed under the Companies Act, 2013.

35. BUSINESS RESPONSIBILITY AND

SUSTAINABILITY REPORT (BRSR)

As mandated under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Business Responsibility and Sustainability Report (BRSR), detailing the initiatives undertaken by the Company from an Environmental, Social, and Governance (ESG) perspective, forms an integral part of this Annual Report.

36. PARTICULARS OF EMPLOYEES

Pursuant to Section 197 of the Companies Act, 2013, read with Rule 5(1) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules,

2014, the requisite details are provided in Annexure G to this Report.

Further, in accordance with Rule 5(2) of the said Rules, a statement containing the names and other particulars of the top ten employees in terms of remuneration drawn, as well as details of employees receiving remuneration in excess of the prescribed limits, is not applicable in this financial year.

37 INTERNAL FINANCIAL CONTROL & ITS ADEQUACY

The Management of the Company engaged M/s. ADMS &

Co., Chartered Accountants, to assist in the updating of the Risk Control Matrix ("RCM") and to carry out the necessary testing of internal controls. The RCM, along with the results of the control testing, was reviewed and adopted by the Management and shared with the Statutory Auditors for their independent assessment.

The Statutory Auditors have reviewed the RCM and testing outcomes and provided their observations, which were duly considered and adopted by the Board.

The implementation of the RCM is expected to enhance the effectiveness of the Companys internal control environment and contribute positively to the long-term growth of the Company by identifying and eliminating operational inefficiencies.

During the financial year underreview, the internal controls were evaluated and no material weaknesses in the design or operational effectiveness of such controls were reported. Based on the review and evaluation, the Board is of the opinion that the Companys internal financial controls are adequate and operating effectively.

38. DETAILS OF SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS, COURTS AND TRIBUNALS or During the financial year under review, no significant material orders were passed by any regulators, courts, or tribunals which would impact the going concern status of the Company or its future operations.

39. PREVENTION OF SEXUAL HARASSMENT AT WORKPLACE

The Company has implemented a Prevention of Sexual Harassment (POSH) Policy in accordance with the provisions of "The Sexual Harassment of Women at the

Workplace (Prevention, Prohibition and Redressal) Act,

2013" and the Rules framed thereunder. The policy is applicable to all employees across the Company and its subsidiaries, including permanent, contractual, temporary, and trainee staff.

The Company is committed to providing a safe, secure, and dignified work environment that is free from any form of discrimination or harassment. To promote awareness and ensure compliance, regular training and sensitization programmes are conducted for employees.

In compliance with the Act, the Company has constituted duly formed Internal Complaints Committees (ICC) at all operational units to address any grievances or complaints pertaining to sexual harassment. The Company has complied with all statutory requirements relating to the constitution and functioning of the ICC.

No complaints pertaining to sexual harassment were received by the Internal Complaints Committees.

40. COMPLIANCE WITH THE PROVISIONS OF MATERNITY BENEFIT ACT 1961

During the year under review, the Company has made compliance with the applicable provisions of the

Maternity Benefit Act 1961

41. DETAILS OF APPLICATION MADE OR ANY PROCEEDING PENDING UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016

During the financial year under review, no application was made by the Company, nor is any proceeding pending against the Company under the Insolvency and Bankruptcy Code, 2016.

42. CYBER SECURITY

During the year, Cyber Security and related risks were reviewed by the Risk Management Committee and necessary actions were taken to mitigate any risk associated with Cyber Security.

43. OTHER DISCLOSURES

During the financial year under review, disclosure the pertaining to the details of differences amount of valuation conducted at the time of one-time settlement and the valuation carried out for obtaining loans from banks or financial institutions, along with the reasons thereof, is not applicable to the Company.

44. DIRECTORS RESPONSIBILITY STATEMENT

Pursuant to Section 134(5) of the Companies Act, 2013, the Directors, to the best of their knowledge and belief, confirm that: a) in the preparation of the annual accounts for the year ended March 31, 2025, the applicable accounting standards had been followed, along with proper explanation relating to material departure(s), if any; b) the Directors have selected such accounting policies and applied them consistently and made judgements and estimates that are reasonable and prudent, so as to give a true and fair view of the state of affairs of the Company as at the end of the financial year March 31, 2025 and of the profit of the Company for that period; c) the Directors sufficient have taken proper and care for the maintenance of adequate accounting records in accordance with the provisions of this Act for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities; d) the Directors have prepared the annual accounts on a going concern basis; e) the Directors have laid down internal financial controls to be followed by the Company and such internal financial controls are adequate and are operating effectively; and f) the Directors have devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively.

ACKNOWLEDGMENT

The Board of Directors wishes to place on record its deep and sincere appreciation to the Companys bankers, business associates, consultants, and various Government authorities for their steadfast support and cooperation extended to the Companys operations during the financial year under review. The Board also conveys its profound gratitude to the esteemed shareholders for their enduring trust, confidence, and encouragement, which continue to inspire and strengthen the Companys journey towards sustained growth and excellence.

For and on behalf of the Board

Easy Trip Planners Limited

	Nishant Pitti
Date: August 29, 2025	Chairman
Place: Delhi	DIN: 02172265