01 July 2019

Tridev Kumar
Assistant Officer - Draftsman, O1
Business Operations, Gurugram

SUB: Compensation Revision and Performance Bonus

FY 2019 has been a challenging year for us.

Although we have delivered a Y-o-Y growth and have closed the year with a decent Order Book, we have been unable to meet our budgeted
targets for Revenue and Profitability and the Order Intake has been subdued. Further, increase in time taken for converting the Order Book into
Revenue, has resulted in Revenue shortfalls and pressure on Margins.

Although, on a positive note, our Non-T & D businesses have recorded a growth, but the Margins have been lower than expected.

With the above Achievement, we have fallen short of meeting our Outperformance Targets for the year which is reflective in our Company
Performance and Individual Performance and accordingly will have a cascading impact on the Performance Rewards for the FY 2019.

Nevertheless, going forward, I am confident that we will garner our efforts and strive to achieve the targets set for FY 2020 and deliver a stellar
performance like we have done in the near past.

 
 01 July 2019

Performance & Bonus FY 2018-19:

Your Performance Rating for the financial year 2018–19 is 4.

In line with the above changes in the compensation framework and based on your individual performance, you will be paid a
Performance Bonus of INR  36870/- for the financial year 2018-19.

Increment & Revised Compensation effective 1 July, 2019:

Your revised Compensation is attached in Annexure A.

Please note that your compensation and the changes thereto are subject to income and other taxes as applicable including such
amounts to be withheld as per applicable statutes.

You will continue to abide and comply with the provisions of the RPG Code of Corporate Governance and Ethics (Version 4) 2018
which is applicable to all employees of RPG Group.
In line with the terms of your appointment and the RPG Code of Corporate Governance and Ethics, you are obligated not to divulge
your compensation to anyone unless required to do so by law.

All other terms and conditions of your employment remain unchanged.

Please reach out to your respective SBU HR contacts for any clarifications.

We take this opportunity to express our sincere thanks for your contributions and look forward to higher levels of performance and
contributions to drive profitable growth.

Let’s work together to make KEC a great place to work!

For KEC International Limited

Vivek Rai
Assistant Manager – Human Resources
 ANNEXURE A

01 July 2019

Name Tridev Kumar

Business KEC - Corporate SBU Business Operations

Date of Joining KEC 21-Sep-16 Date of Birth 14-Nov-89

Department KEC - Engineering Services Sub-Department KEC - Civil Design

Grade O1 Designation Assistant Officer - Draftsman
 
Current CTC Revised CTC
Components INR Per Month INR Per Annum INR Per Month INR Per Annum
Basic 8813 105756 9464 113568
Management Allowance 8813 105756 9464 113568
CAP 13423 161076 14940 179280
Retirals
(a) PF 1058 12696 1136 13632
(b) Gratuity 425 5100 456 5472
100% Performance Bonus* - 43376 - 47280
Actual Performance Bonus
- 36870 - -
Payout
Total CTC# - 433760 - 472800
Increase in Fixed 35136
Increase in Total CTC 39040
Increment % 9%

For KEC International Limited

Vivek Rai
Assistant Manager – Human Resources
 01 July 2019

* Performance Bonus (PB):

Performance Bonus Payout may vary from 0 to 100% of the Total PB.
Payment of PB will be made after apportioning the amount of Statutory Bonus, if any, payable to you under the Payment of
Bonus Act, 1965 as amended from time to time.

# Total CTC:

Total CTC is determined using 100% Performance Bonus.

For KEC International Limited

Vivek Rai
Assistant Manager – Human Resources