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MUTHOOT FINANCE LIMITED

To HRD Department

Mr. KIRAN R Date: 01/06/2022

MF51258

RENEWAL EXECUTIVE

KANAKAPURA - (KA)

Sub: Salary Hike w.e.f. 01/06/2022

The Management is pleased to implement substantial grade wise salary hike for all employees effective from
01-June-2022, in line with the policy of recognising and rewarding its workforce, who are all instrumental in
the business performance of the Company as frontline soldiers, despite external challenges.

Accordingly, a salary hike of Rs.2,000.00 (Rupees Two Thousand Only) is sanctioned to you with effect from
01/06/2022.

The Management expects continued contributions by each and every employee, with added vigour,
enthusiasm and commitments, which will certainly take the Company to greater heights and glorious
positions in future years as well.

With Best Wishes,

GEORGE ALEXANDER MUTHOOT


MANAGING DIRECTOR

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