Arohan Annual Report FY 20-21

ANNEXURE - III Remuneration details of Directors, KMPs, Employees Sl. No Particulars Disclosures 1. The ratio of the remuneration of each Whole-Time director to the median remuneration of the employees of the Company for the financial year. 72.16:1 2. The percentage increase in remuneration of each Director, Chief Financial Officer, Chief Executive Officer, Company Secretary or Manager, if any, in the financial year KMP % increase in remuneration MD# 0.02% CFO# 0.17% CS# 0.44% # KMP remuneration does not include variable pay component. 3. The percentage increase in the median remuneration of employees in the financial year 8.31% 4. The number of permanent employees on the rolls of the Company 6,790 employees as on March 31, 2021 5. The explanation on the relationship between average increase in remuneration and company performance The Company made a (degrowth) of (227.22%) in its Net Profit and increased the remuneration of its employees by an average of 3.91% based on the recommendation of the NRC Committee of the Board. 6. Comparison of the remuneration of the Key Managerial Personnel against the performance of the company The Company’s revenue has grown by 8.47% and Net Profit degrown by (227.22%) in FY 2020-21 in comparison to FY 2019-20. The average increase in remuneration of KMP in the FY 2020-21 was 0.21%. 7. Variations in the market capitalization of the Company, price earnings ratio as at the closing date of the current financial year and previous financial year and percentage increase over decrease in the market quotations of the shares of the Company in comparison to the rate at which the company came out with the last public offer in case of listed companies, and in case of unlisted companies, the variations in the net worth of the Company as at the close of the current financial year and previous financial year As on March 31, 2021, the Company’s equity shares were not listed. The Company’s net worth has decreased from INR 962.63 Cr as on March 31, 2020 to INR 958.64 Cr as on March 31, 2021 – decreased by 0.42%. 8. Average percentile increase already made in the salaries of employees other than the managerial personnel in the last financial year and its comparison with the percentile increase in the managerial remuneration and justification thereof and point out if there are any exceptional circumstances for increase in the managerial remuneration The average increase in the salaries of employees was 3.91% and the average increase in the managerial remuneration was 0.21%. 9. Comparison of the each remuneration of the Key Managerial Personnel against the performance of the Company The Company’s revenue and Net Profit has grown/(degrown) by 8.47% and (227.22%) respectively in FY 2020-21 in comparison to FY 2019-20. The average increase in remuneration of KMP in the FY 2020-21 was 0.21%. 10. The key parameters for any variable component of remuneration availed by the Directors Yearly incentive as per employment terms based on the company’s performance and profits 11. The ratio of the remuneration of the highest paid director to that of the employees who are not directors but receive remuneration in excess of the highest paid director during the year No employee received remuneration in excess of the highest paid director. 12. Affirmation that the remuneration is as per the remuneration policy of the company Yes Board of Director’s Report 99