July 10, 2022

Private & Confidential

Ms. Mamatha Deva

Dental Assistant

Dear Ms. Mamatha,

Compliments from Clove Dental.

This is to acknowledge your contributions in the year 2021-2022. Clove took a big leap and
became the largest and the best dental chain of India, which enabled the organization in
providing outstanding patient care to our customers, thereby helping us to achieve this
milestone. We would like to thank you for your contributions.

We have just completed our Performance Management Process for 2021-22. We are sure
that this process allowed you a formal opportunity to discuss your achievements and areas
of development with your manager.

We are pleased to inform you that based on your individual performance and our philosophy
of “Pay for Performance”, your compensation has been revised with effect from June 01,
2022.

Details of your performance rating and revised compensation are as per Annexure A.

Congratulations!! We look forward to your continued dedication and commitments

towards the patients and your efforts in realizing our Common Goals!!

For Star Dental Centre Pvt. Ltd

Ms. Nishi Saini

Vice President

Annexure: Details of revised salary structure and performance rating.

 Annexure A

Name Ms. Mamatha Deva

Designation – Department Dental Assistant

Grade S1

Performance Ranking Highly Valued Talent

Particulars Amount Monthly in INR Amount Annual in INR

BASE COMPENSATION (A)

Basic Salary 11400 136800
HRA 4794 57528
Flaxi Allowance 1608 19296
Statutory Bonus 2030 24360
OMC Incentive 1689 20268

Total Fixed Earnings (B) INR 21521 INR 258252

Annual Performance Incentive ** 0 0

Total Salary - [Fixed (A) + Variable(B)] 21521 258252

DEDUCTIONS (B)
Provident Fund (PF) - (Employer's
1253 15036
Contribution)

ESI 124 1488

BENEFITS / RETIRALS (C)

Professional Taxes 200 2400

Cost To Company (A+B+C) INR 23098 INR 277176

1.Perquisites and benefits include all allowance as per company policies. Additionally, employees
will be entitled to Provident Fund, Gratuity as per applicable law.

2.All Statutory contributions / Deductions will be made and deposited with the relevant authorities as
per the statutory requirements. All applicable tax liability will be borne by the employee as per
relevant statutory tax rules.

3.Gratuity will be governed by the Payment of Gratuity Act, 1972.

4.** Annual Performance Incentive is a discretionary incentive and subject to management’s decision
to pay as per organization and individual Incentive plan.

5.This is an Information statement only that does not create a contract or any legal rights. Your
compensation and the various constituents are governed by the terms of Star Dental Centre Pvt. Ltd.
compensation plans and programs, which may be changed or withdrawn at the sole discretion of
Star dental, based on company policy and applicable law. If you believe the data shown above is
inaccurate, please notify your Supervisor or HRBP immediately. This statement contains personal
information, please handle appropriately.

Signature : Date :