DEVKI STEEL MILLS LTD. HO.OFF THIKA ROAD, RUIRU TOWN. P.0.80X.33319-00600, NAIROBI, KENYA TEL: +254-756-020000 +254-020-2529553/4/5/6 +254-20-2511902/3/4/5 FAX: +254-020-2529558 E-MAIL: info@devkisteel.com Website : www.devkigroup.com Private & Confidential Date: 16" February 2021 Dear Mr. AVAGADDA RAMA KRISHNA LETTER OF INTENT We are pleased to appoint you as DRI Plant Head for our upcoming INTEGRATED STEEL PLANT in Kenya and your contract is as mentioned below: | Designation DRI Plant Head Location ‘Sambhuru Plant, Kwale county, Kenya: 3. Net Salary Per Month In Kenya INR 320,000/- per month (NET SAVINGS) to be in paid equivalent Kenyan shillings at the prevailing rate on Joining date. Food & ‘Accommodation shall be provided at site. 4 Joining Date 15 March 2021, 5. Paid Leaves: 21 working days in a Calendar year (12 months) 6. ‘Accommodation Furnished ‘Accommodation at Project site 7, Transport Company shared Vehicle 8 Medical Provided as per Company Rule 9. Return Air | After 12 Months Passage | 10. Probation and | Probation - 3 months Contract Period | Contract - 24 Months Renewable 1. Duty Hours ‘As per company policy Responsible for 24 hours plant Operation. Your primary responsibility shall be for the desired production of Sponge Iron from 3 sets of S00 TPD coal based DRI Plant including Power Plant es per the set production targets. Moreover, you shall also be responsible for looking after erection, ‘commissioning, maintenance and spares inventory and raw material indenting. Reporting: You will be reporting to the Plant Head / DIRECTORS as per structure of Organization.DEVKI STEEL MILLS LTD. HO.OFF THIKA ROAD, RUIRU TOWN. P.0.80X.23319-00600, NAIROBI, KENYA TEL: +254-756-020000 +254-020-2529553/4/5/6 +254-020-2511902/3/4/S FAK: +254-020-2529558 E-MAIL: info@devkisteel.com Website : wow.devkigroup.com In case, the contract is to be discontinued by the employee he will have to give three - month notice period in terms of money or time. If the employee wants to discontinue before the contract period ends, he will have to bear the cost of work permit on a pro rata basis. Please sign and return one copy of the letter in token of your acceptance. We congratulate you on your selection and wish you a long and rewarding association with us. Detailed - Responsibility contract will be issued when candidate Reports. FOR: DEVKI STEEL MILLS LIMITED oA Fi LOKESH KUMAR cepted by: : DIRECTOR