Easy Trip Planners Ltd Directors Report

Dear Members,

EASY TRIP PLANNERS LIMITED

Your directors have pleasure in presenting the 18^th Annual Report together with the Audited Financial Statements (Standalone and Consolidated) of Accounts of your Company for the Year ended 31^st March, 2026.

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) 2025-26. The standalone and consolidated financial highlights of the Companys operations are as follows:

Particular	Standalone		Consolidated
	2026	2025	2026	2025
Revenue from Operations	2851.20	4,032.35	5356.96	5,873.24
Other Income	437.90	199.55	377.54	159.26
Total Income	3289.10	4,231.90	5734.50	6032.50
Total Expenses	3320.45	2,856.93	5726.91	4,602.68
(Loss)/pro_t before exceptional items and tax	-31.35	1,374.97	7.59	1,429.82
Share of net loss of associates	-	-	-17.44	-
Exceptional items	539.57	-	509.57	-
Tax credit on exceptional items	-99.29	-	-99.29	-
Total tax expense	2.82	354.97	55.85	343.26
Net (loss)/pro_t after tax for the year	-474.45	1,020.00	-475.98	1,086.56
Net (loss)/profit after tax before exceptional items (net of tax)	-34.17	1,020.00	-65.70	1,086.56

2. STATE OF AFFAIRS

During the financialyear under review, the Company recorded Revenue from operations of 2,851.20 million on a standalone basis and 5,356.96 million on a consolidated basis, as compared to 4,032.35 million and 5,873.24 million, respectively, serving the previous the offline financial year.

Further, during the financial year under review, the Company recorded a Total Income of 3,289.10 million on a standalone basis and 5,734.50 million on a consolidated basis, as compared to 4,231.90 million and 6,032.50 million, respectively, in the previous financial year.

OVERVIEW

EaseMyTrip commenced its operations in 2008 with a strong focus on the B2B2C (Business-to-Business-to- Customer) segment, enabling travel agents across India to access its platform for booking domestic airline tickets and effectively travel market. Building on the robust foundation of its B2B2C network, the Company expanded into the B2C (Business-to-Customer) segment in 2011 to cater directly to the evolving travel requirements of Indias growing middle-class population. In 2013, the Company further diversified its business by entering the B2E (Business-to-Enterprise) segment, offering comprehensive, end-to-end travel management solutions to corporate clients. Its presence across these three distinct distribution channels has enabled base and EaseMyTrip to establish a diversified develop a comprehensive travel distribution ecosystem.

As on March 31, 2026, the Company offered customers access to an extensive portfolio of travel services, including bookings across more than 400 domestic and international airlines, over 2.3 million hotels in India and overseas, railway ticketing services covering nearly all railway stations across the country, as well as bus ticketing and taxi rental services in major cities.

Complementing its digital platform, EaseMyTrip had also built one of the largest travel agent networks in

India, with over 75,500 registered travel agents across key cities as on March 31, 2026, further strengthening its nationwide distribution reach and customer accessibility.

3. TRANSFER TO RESERVE

During the financial year under review, the Company has transferred Nil (no share option outstanding) Mn from Share Option Outstanding Account to General Reserve.

The total General Reserve stands at 2,082.14 million on standalone basis whereas 1,890.36 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 and EV Manufacturing.

5. SHARE CAPITAL

As on March 31, 2026, the authorised share capital of the Company stood at 7,50,00,00,000/- (comprising of 7,50,00,00,000 equity shares of face value 1/- each). The paid-up equity share capital as at March 31, 2026, was 3,63,68,53,188/- (comprising of 3,63,68,53,188 equity shares of face value 1/- each).

During the financial year under review 2025 26, the

Company increased its authorised share capital from

5,00,00,00,000/- (Rupees Five Hundred Crore Only), divided into 5,00,00,00,000 equity shares of 1/- each, to 7,50,00,00,000/- (Rupees Seven Hundred and Fifty Crore Only), divided into 7,50,00,00,000 equity shares of 1/- each, pursuant to members approval obtained through a Postal Ballot on February 22, 2026.

PREFERENTIAL ISSUE

During the financial year under review, the Company has issued 55,93,75,249 equity shares of 1/- each on a preferential basis, as approved by the members through Special Resolution passed via postal ballot on

December 04, 2025.

Subsequently, after the end of the financial year March 31, 2026, the Company has allotted 34,77,98,677 equity shares of face value 1/- each, fully paid-up, on a preferential basis at a price of 9.19 per equity share, which includes a premium of 8.19 per share. The said equity shares, allotted on May 26, 2026, rank pari-passu with the existing equity shares of the Company.

BONUS ISSUE

During the financial year under review, the Company did not issue any bonus equity shares.

Accordingly, there was no change in the paid-up share capital of the Company on account of bonus issue during the financial year.

6. EQUITY SHARES WITH DIFFERENTIAL RIGHTS AND SWEAT EQUITY SHARES

The Company has not issued any equity shares with differential rightsas 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 under review, the Company did not grant or issue any Employee Stock Options (ESOPs).

The Company, 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, had approved the "Easy Trip Planners Employees Stock Option

Plan 2022" through a Special Resolution passed by the Members at the Annual General Meeting held on

August 30, 2022. The validity of the said ESOP Plan was subsequently extended through a Special Resolution approved by the shareholders by way of Postal Ballot on September 06, 2023.

The Company continues to explore appropriate initiatives under the ESOP Plan to strengthen employee participation and align their interests with the Companys long-term growth objectives and sustainable value creation.

9. QUALIFIED INSTITUTIONAL PLACEMENT

The Company has not issued any securities through Qualified Institutions Placement (QIP) during the 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 financialyear under review, the Board of Directors reviewed the affairs of the Companys subsidiaries. The Consolidated Financial Statements of the Company for the financial year 2025 26 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 proviso to 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) Changes in Subsidiaries/ Associates / Joint Venture Companies during the financial year under review:

As on March 31, 2026, the Company has 19 (Nineteen) Direct Subsidiaries, 2 Step-down Subsidiaries and 3 (Three) Associate Companies within the meaning of Sections 2(87) of the

Companies Act, 2013 ("Act") and has 1 (One) Joint Venture.

During the financial year under review, the following changes have taken place in subsidiary / associates / joint venture companies: The Company has incorporated the following

Wholly Owned Subsidiary Company in India namely: EaseMyTrip Academy Private Limited as a direct

Wholly Owned subsidiary of the Company;

During the financial year under review, the

Company proposed the issuance of equity shares on a preferential basis, which was approved by the members of the Company by way of a Special Resolution passed through postal ballot on

December 04, 2025.

Subsequently, after the close of the financial year ended March 31, 2026, the Company allotted

34,77,98,677 equity shares of face value 1/- each on a preferential basis on May 26, 2026 to the below mentioned companies:

• The Company has acquired 50% stake in Three

Falcons Notting Hill Ltd;

• The Company has acquired 49% stake in Levo

Beauty Private Ltd;

• The Company has acquired 49% stake in

SSL Nirvana Grand Golf Developers Private Ltd; and

• The Company has acquired 49% stake in

Javaphile Hospitality Private Ltd.

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

Based upon the audited financial statements for the financial year ended March 31, 2025, Yolobus Private Limited was identified as a material subsidiary of the Company in accordance with the applicable provisions of the SEBI Listing Regulations. Subsequently, based upon the audited financial statements for the financial year ended March 31, 2026, the Company has two material subsidiaries, namely Spree Hotels and Real Estate Private Limited and EaseMyTrip

MiddleEast DMCC.

Highlight of Performance of Subsidiaries, Associate and Joint Ventures during Financial Year 2025-26

During the financialyear 2025 26, the Companys subsidiaries, associates and joint ventures continued to support the Groups long-term growth strategy by strengthening its presence across the travel, hospitality, technology and allied sectors. These entities played an important role in broadening the Companys business portfolio, enhancing its service offerings and creating strategic opportunities across domestic and international markets.

The travel and mobility businesses within the

Group continued to focus on expanding their customer base, improving operational efficiencies and strengthening digital capabilities, while the hospitality and other strategic investments were directed towards creating long-term value and expanding the Companys presence in complementary business segments.

The Companys overseas subsidiaries continued to facilitate its international operations by strengthening its global footprint, supporting cross-border business development and enabling access to new markets. Collectively, the Group entities remained aligned with the Companys vision of building an integrated travel and tourism ecosystem while pursuing sustainable growth and operational excellence.

The financial performanceand salient features of the Companys subsidiaries, associates and joint ventures are set out in the Consolidated Financial Statements and Form AOC-1, which forms part of this Annual Report.

Contribution to Overall Performance of the Company during Financial Year 2025-26

The subsidiaries, associates and joint ventures of the Company continued to contribute towards strengthening the consolidated performance of the Group during the financial year 2025 26. Their collective efforts supported the Company in enhancing operational capabilities, expanding its market presence and creating synergies across various business verticals.

The performance of these entities complemented the Companys core operations and contributed towards building a robust and diversified framework. Through effective collaboration, operational integration and strategic alignment with the Companys objectives, the Group continued to focus on sustainable growth, improved efficiencies and long-term value creation for stakeholders.

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 2025 26, 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, 2026, the following individuals were serving as Directors on the Board of the Company and as Key

Managerial Personnel (KMPs):

Name of the Directors	DIN/PAN	Designation
1 Mr. Nishant Pitti	02172265	Chairman & Managing Director
2 Mr. Rikant Pittie	03136369	Chief Executive O_cer & Executive Director
3 Mr. Vikas Bansal	11267665	Executive Director
4 Mrs. Ruchi Ghanashyam	09148241	Independent Director
5 Mrs. Neena Kumar	10551695	Independent Director
6 Mr. Ajay Kumar Chauhan	09394953	Independent Director
7 Mr. Ashish Kumar Bansal	ACSPB5909M	Chief Financial O_cer
8. Mrs. Priyanka Tiwari	ASWPT6744Q	Group Company Secretary and Chief Compliance O_cer

Appointment/ Re-Appointment/ Cessation/ Change in

Designation

• Second consecutive term of appointment of

Mr. Satya Prakash and Justice Usha Mehra as

Independent Directors of the Company has ended on July 01, 2025. Consequently, Mr. Satya

Prakash and Justice Usha Mehra have ceased to be Independent Directors of the Company with effect from July 02, 2025.

• Mrs. Neena Kumar was appointed as Independent Director w.e.f July 01, 2025.

• Mrs. Ruchi Ghanashyam was appointed as Independent Director w.e.f July 01, 2025.

• Mr. Prashant Pitti has ceased to be the Managing

Director of the Company with effect from August 29, 2025 due to his resignation.

• Mr. Nishant Pitti was appointed as the Chairman and Managing Director of the Company w.e.f

August 29, 2025.

• Mr. Vikas Bansal was appointed as Whole-time Director w.e.f. August 29, 2025.

• Second consecutive term of appointment of

Mr. Vinod Kumar Tripathi as Independent Director of the Company has ended on February 23, 2026.

Consequently, Mr. Vinod Kumar Tripathi has ceased to be Independent Director of the Company with effect from February 24, 2026

• Mr. Ajay Kumar Chauhan appointed as an

Independent Director w.e.f. 24^th February, 2026 In accordance with provisions of the Act and the Articles of Association of the Company, Mr. Nishant Pitti,

Chairman & Managing Director (DIN: 02172265) is liable to retire by rotation at this AGM and is eligible for re-appointment.

Profile and otherinformation of Mr. Nishant Pitti 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.

15. INDEPENDENT DIRECTORS DECLARATION

As on March 31, 2026, the following individuals served as Independent Directors on the Board of the Company:

1. Mr. Ajay Kumar Chauhan

2. Mrs. Neena Kumar

3. Mrs. Ruchi Ghanashyam

During the financial year under review, there were no appointments or resignations of Independent Directors except as mentioned in point 14.

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 confirmedthat 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 of Directors) Rules, 2014, as amended by the Ministry of Corporate Affairs (MCA) Notification dated 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 18, 2026, 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 financial year under review are provided in the Corporate Governance Report and are also available on the Companys website at www.easemytrip.com.

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, 2026, 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:// w w w . 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); 22,

(C) Stakeholders Relationship Committee (SRC); (D) Risk Management Committee (RMC); (E) Corporate Social Responsibility Committee (CSR); and (F) 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

Companies Act, 2013, and Regulation 22 of the SEBI (Listing Obligation and Disclosures Requirement) Regulations 2015 the Company has established a Vigil

Mechanism / Whistle Blower Policy for its Directors and employees to provide a framework for reporting genuine concerns relating to any actual or suspected instances of misconduct, violation of applicable laws, regulations, or the Companys policies, or any other matter that may be detrimental to the Companys interests.

The Policy provides appropriate channels for Directors and employees to report their concerns and ensures that such matters are reviewed and addressed in a fair and transparent manner. The Policy also provides direct access to the Chairperson of the Audit Committee in appropriate 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 AND REMUNERATION POLICY

The Nomination and Remuneration Committee is responsible for evaluating and identifying suitable candidatesforappointmentasDirectors,KeyManagerial Personnel (KMP), and Senior Management Personnel of the Company. In carrying out this responsibility, the Committee considers individuals with high standards of integrity, relevant qualifications, expertise, experience, and leadership capabilities commensurate with the requirements of the respective roles. The Committee also ensures compliance with the applicable eligibility criteria relating to age, qualifications, and other prescribed requirements under the Companies Act, 2013 and other applicable laws and regulations.

In accordance with the provisions of Section 178 of the Companies Act, 2013, the Board has adopted a comprehensive Nomination and Remuneration Policy based on the recommendations of the Nomination and Remuneration Committee. The Policy sets out the framework and guiding principles for the selection, appointment, evaluation, and remuneration of Directors, KMPs, and Senior Management Personnel of the Company.

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, 2026 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

21. IEPF

During the financial year under review, 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

M/s. Walker Chandiok & Co. LLP, Chartered Accountants (Firm Registration No. 001076N/N500013) continue to act as the Statutory Auditors of the Company for the term approved by the Members at the 16^th Annual

General Meeting held on September 28, 2024, for a period of five (5) consecutive years, i.e., 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. They have further confirmed that they hold a valid certificate issued by the Peer Review Board of the Institute of Chartered Accountants of India, in compliance with the requirements of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Report of the Statutory Auditors on the financial statements for the financialyear under review forms part of this Integrated Report and Annual Accounts. The said Report does not contain any qualification, reservation, adverse remark, or disclaimer. The observations made by the Statutory Auditors, if any, read together with the relevant Notes to Accounts, are self-explanatory and do not require any further explanation.

SECRETARIAL AUDITOR

In accordance with the provisions of Section 204 of the

Companies Act, 2013 and the Rules made thereunder, read with Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the

Members of the Company at the 17^th Annual General Meeting held on September 29, 2025, 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) consecutive years, 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.

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, or adverse remark.

The Secretarial Audit Report and the Secretarial

Compliance Report are annexed to this Report as

Annexure-B.

The material unlisted subsidiary of the Company,

Yolobus Private Limited, has also undergone Secretarial

Audit for the Financial Year 2025-26 in accordance with Section 204 of the Companies Act, 2013 and Regulation 24A of the SEBI Listing Regulations. Accordingly, the

Secretarial Audit Report of Yolobus Private Limited for

FY 2025-26, issued by M/s. Jain Pankaj & Associates,

Company Secretaries in Practice (Firm Registration

No. 23887), is annexed herewith. The said report is self-explanatory and does not contain any qualification, reservation, adverse remark or disclaimer of opinion.

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 2025 26 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. material changes

24. DETAILS OF FRAUD REPORTED BY AUDITOR

During the financial year under review, no instances of fraud were reported by the Statutory Auditors or the Secretarial Auditor to the Audit Committee under the provisions of Section 143(12) of the Companies Act, 2013, involving any officer or employee of the

Company. Accordingly, no disclosure in this regard is required to be made 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, 2026, which form part of this Annual Report.

26. CONTRACTS AND ARRANGEMENTS WITH RELATED PARTIES

During the financialyear under review, 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 of 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, 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 and There have been no significant commitments affecting the financial position of the Company between the end of the financial year to which the financial statements relate and the date of this Report.

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

Pursuant to the provisions of Section 134(3)(m) of the Companies Act, 2013, read with Rule 8(3) of the

Companies (Accounts) Rules, 2014, the particulars relating to conservation of energy, technology absorption, and foreign exchange earnings and outgo are provided in Annexure-D to this Report and form an integral part thereof.

Considering the nature of its business in the Travel and Tourism industry, the Company does not undertake absorption activities involving significant or incur substantial expenditure on research and development. Accordingly, the disclosures relating to technology absorption and other particulars prescribed under the aforesaid provisions are not applicable to the Company. Nevertheless, the Company remains committed to adopting sustainable practices and continues to undertake initiatives aimed at efficient energy utilisation and optimisation of energy consumption across its operations.

29. RISK MANAGEMENT POLICY

Pursuant to the provisions of Section 134(3)(n) of the Companies Act, 2013, and Regulation 21 read with Schedule II of, part D of SEBI (Listing Obligation and Disclosures Requirement), Regulation 2015 the Company has established a robust Risk Management Framework to identify, evaluate, monitor, and mitigate risks that may impact its business objectives, operations, or long-term sustainability. The Board has identified key risks that, in its opinion, could potentially affect the

Companys growth and continued success and has put in place appropriate measures to address such risks.

The Companys risk management process encompasses the systematic identification, assessment, prioritization, monitoring, and mitigation of strategic, operational, financial, regulatory, and other business risks. The framework also enables the Company to proactively identify emerging opportunities while minimizing the likelihood and impact of potential adverse events.

The Board of Directors, through periodic reviews, oversees the effectiveness of the Risk Management

Framework and ensures that the management adopts a structured and proactive approach towards managing the course of risks. Significant business are continuously monitored, and appropriate mitigation strategies are implemented to strengthen the Companys resilience and support sustainable growth.

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 undertaken its Corporate Social Responsibility (CSR) initiatives through the EaseMyTrip

Foundation, with a focus on creating meaningful social impact across diverse areas, including environmental sustainability, heritage conservation, promotion of art and culture, healthcare, education, women empowerment, animal welfare, and sports development. Through these initiatives, the Company aims to contribute towards the well-being of communities and support sustainable development.

The Company considers CSR an integral part of its business philosophy and remains committed to conducting its operations in a responsible and sustainable manner while creating value for its stakeholders. In accordance with the provisions of Section 135 of the Companies Act, 2013, read with Schedule VII thereto, the Board of Directors has constituted a CSR Committee and has adopted a comprehensive CSR Policy outlining the framework and guiding principles for undertaking CSR activities.

The CSR Policy of the Company is available on its website at: https://www.easemytrip.com/investor-pdf/2024/ Corporate-Social-Responsibility-Policy.pdf

For the financial year 2025 26, the Companys CSR obligation amounted to 3,29,96,514/-, out of which the Company contributed 3,29,96,514/- towards CSR activities through its implementing agency, EaseMyTrip

Foundation, and direct contributions made by the

Company. The Annual Report on CSR activities for the financial year ended March 31, 2026, 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. 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.

33. 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 2025-26 forms an integral part of this Integrated

Annual Report.

34. NUMBER OF MEETINGS OF THE BOARD

The Board of Directors met Twelve (12) 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)

Pursuant to the requirements of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Business Responsibility and Sustainability Report (BRSR), setting out the Companys performance and initiatives across key Environmental, Social, and Governance (ESG) parameters, 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

During the financial year under review, the Management engaged M/s. ADMS & Co., Chartered

Accountants, to assist in updating the Companys Risk Control Matrix (RCM) and to conduct testing of the design and operating effectiveness of internal controls. The updated RCM, together with the results of the control testing, was reviewed and adopted by the Management and subsequently shared with the Statutory Auditors for their independent evaluation.

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

The updated RCM is expected to further strengthen the

Companys internal control framework by enhancing risk management processes, improving operational efficiency, and reinforcing governance practices.

Based on the evaluation of the internal financial controls and the reports of the Management and the Statutory Auditors, no material weaknesses in the design or operating effectiveness of the Companys internal financial controls were identified during the financial year. Accordingly, the Board is of the opinion that the Companys internal financial controls are adequate, commensurate with the nature and size of its business, and are operating effectively.

38. DETAILS OF SIGNIFICANT AND MATERIAL ORDERS PASSED BY THE REGULATORS, COURTS AND TRIBUNALS or During the financialyear 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 adopted a comprehensive Prevention of Sexual Harassment (POSH) Policy in accordance with the provisions of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal)

Act, 2013 and the Rules framed thereunder. The Policy is applicable to all employees of the Company and its subsidiaries, including permanent, contractual, temporary, and trainee personnel.

The Company remains committed to fostering a safe, inclusive, and respectful workplace that upholds the dignity of every individual and is free from discrimination, harassment, and intimidation.

To reinforce this commitment, the Company regularly conducts awareness, sensitization, and training programmes to educate employees on the provisions of the Act and promote a culture of mutual respect and accountability.

In compliance with the statutory requirements, the Company has duly constituted Internal Committees (ICs) at all applicable locations to receive, inquire into, and redress complaints relating to sexual harassment.

The Company has complied with all applicable provisions of the Act concerning the constitution and effective functioning of these Committees.

During the financial year under review, no complaints of sexual harassment were received by the Internal 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 financialyear under review, the requirement to disclose details of any difference between the valuation conducted at the time of a one-time settlement and the valuation carried out for obtaining loans from banks or financial institutions, along with to the the reasons for such difference,

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, 2026, 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 ended March 31, 2026 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: September 01, 2026	Chairman
Place: New Delhi	DIN: 02172265