OYO Withdraws Existing Bonus Plan, Set to Launch Revised Framework

Update on OYO’s Bonus Issue

• Re-evaluation of Bonus Structure: Based on feedback received on the ongoing bonus issue,OYO has decided to re-evaluate and introduce a new, simplified bonus structure that will include all shareholders- both equity and CCPS holders, ensuring equal participation.
  
  
• Withdrawal of Current Resolution: As regulatory provisions do not permit mid-process changes, OYO will not proceed with the current resolution and will instead present a fresh, unified proposal for shareholder approval in compliance with the Companies Act, 2013.
  
  
• No Opt-In Required: The revised structure will be announced shortly and will not require shareholders to opt in separately.
  

According to OYO, the decision reflects the company’s continued commitment to governance-first growth, fairness, and long-term value creation for all categories of shareholders. OYO further stated that the upcoming bonus structure will embody its belief that every shareholder should have an equal opportunity to participate in PRISM’s next phase of growth.