23 Commitments and contingencies

A. Leases - Accounted as per ASC 842 for the Period Ended March 31, 2026

Operating leases

The Company leases office space under non-cancellable operating lease agreements, which expire on various dates through January 2033. Some property leases contain extension options exercisable by the Company. The lease agreements do not contain any material residual value guarantees or material restrictive covenants. The components of lease cost for the period ended March 31, 2026 are summarized below:

i) The following tables presents the various components of lease costs:

 Components of lease cost

Roadzen Inc.

Notes to the consolidated financial statements

(in US $, except share count)

ii) The following table presents supplemental information relating to the cash flow and non cash flows arising from lease transactions. Cash payments related to short-term leases are not included in the measurement of operating liabilities, and, as such, are excluded from the amounts below.

 Schedule of supplemental cash flow information related to leases and non cash flows arising from lease transactions

iii) Balance sheet information related to leases are as follows:

 Schedule of balance sheet information related to leases

iv) Weighted Average

 Summary of weighted average remaining lease terms and discount rates

v) Maturities of lease liabilities were as follows:

 Schedule of maturities of lease liabilities

C. Litigation and loss contingencies

From time to time, the Company may be subject to other legal proceedings, claims, investigations, and government inquiries (collectively, Legal Proceedings) in the ordinary course of business. It may receive claims from third parties asserting, among other things, infringement of their intellectual property rights, defamation, labor and employment rights, privacy, and contractual rights. There are no currently pending Legal Proceedings that the Company believes will have a material adverse impact on the business or consolidated financial statements.

Roadzen Inc.

Notes to the consolidated financial statements

(in US $, except share count)

D. Indemnifications

In the ordinary course of business, the Company enters into contractual arrangements under which the Company agrees to provide indemnification of varying scope and terms to customers, business partners, and other parties with respect to certain matters, including losses arising out of intellectual property infringement claims made by third parties, if the Company has violated applicable laws, if the Company is negligent or commits acts of willful misconduct, and other liabilities with respect to its products and services and its business. In these circumstances, payment is typically conditional on the other party making a claim pursuant to the procedures specified in the particular contract. To date, the Company has not incurred any material costs as a result of such indemnifications and has not accrued any liabilities related to such obligations in its consolidated financial statements.