ATL/CRP/HR:2017 01 April 2017

Mr. R. Praveen
703677
Team Member QA

Dear Mr. R. Praveen,

We thank you for your contribution to the success of Apollo Tyres Limited. We are pleased to
revise your compensation effective from first of Next month as follows

Salary Head Per Month (In Rs.) Per Annum (In Rs.)
BASIC 13,000 1,56,000
HOUSE RENT ALLOWANCE 5,500 66,000
EDUCATION ALLOWANCE 5,700 68,400
CONVEYANCE ALLOWANCE 1,600 19,200
FLEXI BENEFIT PLAN 22,389 2,68,668
PERFORMANCE BONUS 3,792 45,504
RETIRALS 2,186 26,232
C.T.C 54,167 6,50,000

Congratulations and best wishes!

We look forward to your continued commitment and performance as we accelerate our
journey to becoming a world Leader

With Best Regards

Dhanapal Ganesan
Group Leader HR
Apollo Tyres Ltd.