Employee Retention and Succession Planning

It is critical for the company to attract, develop, and retain the right talent to accomplish the company’s
objectives. Succession planning is needed to ensure that the company has sustainable operations.

Human Capital

Efforts are made to ensure growth and well-being of employees. Various programs are in place to
identify and develop high potential teams. Initiatives are taken to increase workplace diversity, resulting
in a more effective workforce.

Assessment: Likelihood: Medium Impact: Low

Strategic Objective: HR Excellence Internal

Strategy on succession planning is in place to support the management in assessing employee

performance for future growth and identify potential placements

HUMAN RESOURCE MANAGEMENT POLICY & SUCCESSION PLANNING

As we continue our journey of growth, the role and the development of human resources becomes all
the more critical. The Company has a demonstrated track record of employing talented human resources
across all its functions, which ensures availability of competent personnel for each department, in terms
of an individual’s potential, qualification, experience and professional attitude amongst other factors. At
Lucky Cement, we form and retain a motivated workforce fully equipped to steer the Company towards
achieving its vision and mission through consistent focus on grooming by way of training and
development in addition to providing them with market commensurate compensation packages. This is
in line with Company’s progressive and forward looking Succession Planning Policy, which transforms
existing talent into a competent workforce capable of occupying future strategic positions. The Policy is
periodically updated in line with the Company’s requirements and career growth objectives.