Freyr Confidential

Ref: Freyr/2021-22/ L3 F3405

Date: June 08, 2022

Dear K Praveen Shriram,

We have completed a remarkable year, with resilience, optimism, and hope. We would like to take this
opportunity to thank you for your hard work, dedication, and contribution to our growth journey. The
company looks forward to your continued support and we hope that you continue to achieve your goals
and deliver brilliant results in the future as well.

Congratulations on your promotion. Your promoted to Level L3 with Grade C2. Your revised Annual
Compensation is INR 1104256 effective April 01, 2022. The details of your compensation and related
benefits are enclosed in the Annexure to this letter.

Apart from the above, all other terms and conditions mentioned in your appointment letter will remain
unchanged.

Please be informed that the salary information is confidential in nature and shall not be divulged with
other employees.

We encourage you to connect with your HR Business Partner in case of any questions or queries.

We look forward to your continued commitment and a fulfilling career with Freyr in the years to come.

Yours Truly,
For and on behalf of Freyr Software Services Pvt. Ltd.

Sheetal Patil
Vice President – Global HR Head
Freyr Software Services Pvt. Ltd.

FREYR SOFTWARE SERVICES PRIVATE LIMITED

Level 4, H-08 Building [Owned by: Hyderabad Infratech Pvt Ltd.] SEZ Location - Phoenix Infocity Pvt Ltd. www.freyrsolutions.com
Avance Business Hub Gachibowli, TELANGANA, 500081. Tel: 91-40-48480999
 Annexure 1

Emp ID: F3405

Emp Name : K Praveen Shriram,

Salary Structure effective April 1, 2022

Component Item Amount Per Annum

(INR)
Fixed Salary Basic Salary 391328
House Rent Allowance 116536
Leave Travel Allowance 131892
Car Allowance 72000
Internet Allowance 12000
Special Allowance 258900
Gross Salary 982656
Retirals Provident Fund 21600
Performance Bonus 100000
Total CTC 1104256

FREYR SOFTWARE SERVICES PRIVATE LIMITED

Level 4, H-08 Building [Owned by: Hyderabad Infratech Pvt Ltd.] SEZ Location - Phoenix Infocity Pvt Ltd. www.freyrsolutions.com
Avance Business Hub Gachibowli, TELANGANA, 500081. Tel: 91-40-48480109