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Date: 01 July, 2023

Emp Name: K Jashwanth Naaven

Emp ID: IWS-1021
Designation: Cloud Engineer

INCREMENT LETTER

Dear Mr. K Jashwanth Naaven,

In appreciation of your performance and contribution in achieving the organizations

goals we are pleased to inform that your compensation has been revised and your new
compensation will be INR Rs.5,30,004/-Per Annum with effect from first of Next
Month onwards.

The details of the compensation and related benefits as applicable to you are enclosed
in the annexure to this letter.

We take this opportunity to appreciate your contribution and look forward to your
continued support in achieving our organization’s ambitious growth plans.

All other terms and conditions of your employment remain unchanged. For any
clarifications, please contact your HR representative.

Wishing you continued growth and success…

Yours Sincerely,
For I-Weave Solutions Private Limited.

Gokul Das,
Manager-Human Resource.
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ANNEXURE – A

A detailed break-up of the annual total compensation is given below.

Particulars Per Month Per Annum

Basic Salary 17667 212004
House Rent Allowance 8834 106008
Conveyance Allowance 1600 19200
Transport Allowance 0 0
Medical Allowance 1250 15000
ESI Employer 0 0
Special Allowance 2120 25440
CCA 12696 152352
Total 44167 530004
Other Benefits
Variable Pay 0 0
CTC 44167 530004
Deductions
PF 1800 21600
PT 200 2400
Sodexo 1100 13200

Please note that above structure is subject to change in lieu to change in company policy
and income tax rules. All benefits are as per company policy, which are subject to
change from time to time.

Confidentiality: Matter of your compensation is confidential information of the

company. Any discussion or disclosure of your compensation with anybody other than
your departmental head or HR will be considered as breach of agreement by you. Your
compensation package is unique to you and not for comparison with other employees of
the company.

This is a highly confidential document hence you are requested not to disclose it to
anyone else.