30th May 2019 Private & Confidential

Mr. Vikas Dadaso Sargar

Empno : 125162

Patalganga

FY19 has been a year, where we made some significant progress towards our winning aspirations. The overall rating
for Cipla at a global level has been settled at 96%.

On completion of the MiDNA performance assessment cycle for FY19, your relevant Business Unit’s achievement has
been assessed at 93% and your individual performance has been rated Creditable. Thank you for meeting most of
your goals during the year and displaying an overall creditable level of performance and the OneCipla Credo
behaviour. We hope that you will continue to raise the bar for yourself and Cipla in FY20.

Effective April 01, 2019 your CTC has been revised. Please refer to the Annexure for the detailed breakup of your
CTC. The revised increase has been apportioned in Basket of Allowance / Advance Bonus (if applicable as per
statute) / Target Variable Pay and there are no changes in any other components of your CTC.

Please note that your compensation details are confidential between you and the organization.

We count on your continued support and passion, to deliver our business plans and build a stronger organization
following the First Principles.

With Warm Regards,

Manoj Dorlikar
 Private & Confidential

Compensation Break-up for FY 2019-2020

Name :Vikas Dadaso Sargar Empno : 125162 Location : Patalganga
Salary Component Current Compensation Revised Compensation
(INR) per annum (INR) per annum
Basic Salary 81,000 81,000
House Rent Allowance 40,500 40,500
Basket of Allowances 40,500 44,430
***Advance Bonus 0 18,000
**Bonus 8,400 8,400
Provident Fund 9,720 9,720
Fixed CTC 180,120 202,050
CTC (Excluding Temporary
180,120 202,050
Allowances)
CTC (Including Temporary
180,120 202,050
Allowances)

**Bonus is paid annually.

*** Advance Bonus will be paid on a quarterly basis at the beginning of every quarter.

Please refer FAQ documents on Mi-Horizon for further details.