Sulaiman

Date: 27th July 2023 Private & Confidential Name : Sulaiman Employee Id : SLP04081 Designation : Inside Sales Evangelist Dear Sulaiman As you are well aware, the global market has been experiencing unprecedented volatility and uncertainty. Many organizations have faced significant setbacks, resulting in reduced revenue and profitability. I would like to emphasize the importance of mindful growth and profitability for our organization. As we navigate the dynamic business landscape, we recognize the need to align our goals with sustainable growth and profitability. I am pleased to inform you that despite these challenges, our company remains committed to recognizing and rewarding exceptional performance. Thank you for your continued association with Simplilearn and giving your best, so that we could do our best for our learners! In recognition of the efforts that you have put in to get us where we are today, details of your new salary structure are outlined below. Designation Band Fixed Variable Total CTC % Increment Current Inside Sales Evangelist B1 560952 186984 747936 Revised (Effective 1st July 2023) Associate Business Manager - 589000 196333 785333 5% Terms & conditions surrounding your variable can be found in the enclosed Annexure I Your compensation package is unique to you and not for comparison with other employees of the company. Any discussion or disclosure of your compensation with anybody, other than your Business Head or HR, will be considered as breach of the agreement by you and will be treated accordingly. Sincerely, Archana Kumari, Co-Founder & CHRO Annexure I Variable Payout (VP) Guidelines The VP payout is subject to the individual and the organization’s performance. The Variable payout will happen as per the criteria and frequency defined in the Variable Policy (updated in PeopleStrong) Slers who are on Annual / Half Yearly / Quarterly VP Scheme, will not be eligible for VP payout if they have resigned /exited, or are serving notice period at the time of release of Variable Pay. VP is subject to the prevailing government taxes. Variable payout is governed by the Variable Policy which might change time to time *This merit increase letter is issued to you through electronic mode and does not require a countersigned acknowledgment.