Date: April 30, 2021

Employee Name: Vijay Rawat

Employee Code: 006882
Designation: Assistant Department Manager

Dear Vijay,

The Covid-19 pandemic created an unprecedented situation and has affected everyone in the country and the
world. These circumstances have impacted almost all sectors, companies and we are no different.

In these challenging times, our spirit and ability to ‘win in every adversity' has helped us to rise up and face
the current situation. We are extremely grateful and proud of you for doing your best every day. We value and
acknowledge your contribution to the organization and are happy to revise your compensation effective April
1, 2021 as detailed in the Annexure.

For Future Retail Limited

Anil Menon
Head - People Office

Encl: a/a

Future Retail Limited (Formerly known as Bharti Retail Limited)

Registered Office: Knowledge House, Snyam Nagar, Off Jogeshwari Vikhroli Link Road, Jogeshwari (East), Mumbai - 400 060 P +91 22 6644 2200, F + 91
22 6644 2201. www.futureretail.co.in
CIN : L51909MH2007PLC268269
REVISED COMPENSATION STRUCTURE W.E.F. April 1, 2021
Employee Code 006882
Name Vijay Rawat
Designation Assistant Department Manager
Band 2C
Location BB-NOIDA-GRAND VENICE

Salary Heads Current Amt Revised Amt.

(A) Monthly Payments

Basic 12,141 13,356
HRA 7,763 8,904
Total Monthly Pay (GPM) 19,904 22,260
Total Gross Pay Per Annum (GPA)= GPM *12 乙 38,848 乙 67,120
(B) Annual Payments
Exgratia 14,004 14,004
ESIC 7,763 0
Provide nt Fund 17,484 19,232
Total Fixed Cost = Total Gross Per Annum ^Annual Payments 乙 78,099 3,00,356
(C) Annual Variable Cash (Maximum Payable)
TOTAL COST = Total Fixed Cost + Annual Variable Cash 乙 78,099 3,00,356
(D ) Health /Retiral Benefits
Medical In sura nee 0 5,600
Gratuity(Payable As per provisi ons of Gratuity Act) 7,008 7,705
COST TO COMPANY = Total Cost + Health/Retiral Benefits 乙 85,107 3,13,661
Additi onal Ben efit: Membership un der Special Privilege Scheme of Future Group

Anil Menon
Head - People Office

Future Retail Limited (Formerly known as Bharti Retail Limited)

Registered Office: Knowledge House, Snyam Nagar, Off Jogeshwari Vikhroli Link Road, Jogeshwari (East), Mumbai - 400 060 P +91 22 6644 2200, F + 91
22 6644 2201. www.futureretail.co.in
CIN : L51909MH2007PLC268269