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Message from Gopal Vittal

Dear ANAND MISHRA,

Thank you for your continued contribution to Airtel.

As we stand at the cusp of another exciting phase in the telecom industry, let's take a moment to reflect back on the
last 30 months; a phase full of learnings and some incredible changes. Not only have we come out resilient from this
intense phase, our vision and ambition has also enabled us to accelerate our journey to being an integrated digital
services company. We are committed to creating an ecosystem of digital services, and leveraging our network and
distribution assets to deliver them seamlessly.
This would not have been possible without you. We recognize your contribution to Airtel and remain deeply
committed to ensuring the growth of our talent.
I am excited about the opportunities ahead of us, and I remain confident that we are well positioned to
serve our customers' needs across wireless, DTH, broadband and enterprise. Our strategy is simple - go
after quality customers and offer them a brilliant network experience. For this, we continue to invest in our
network while we innovate constantly. This is truly an exciting phase for Airtel.
Once again, I would like to thank you for your contribution and look forward to an enriching year ahead.

Best Wishes,
Gopal Vittal

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Total Rewards Statement
Annual Compensation Review
01-Jun-2019

ANAND MISHRA
97229
Executive, Network

Dear ANAND MISHRA,

Your performance for the year FY 2018-19 has been Good.

Your total reward for FY 2019-20 has been revised as detailed below:

Total Reward Summary


Compensation
Current
Components (Annual) with effect from
Compensation
1-Jun-2019
Total Fixed Pay(INR Per Annum)
360,000 385,200
i.e. TFP
Target Variable Pay*(INR Per Annum)
40,000 42,800
i.e. Target APB/ SIP
Target TCC(INR Per Annum)
400,000 428,000
i.e. TFP + Target APB/ SIP
*Your revised Target Variable Pay as a percentage of Target TCC is 10%

Your actual bonus earning for FY 2018-19 is as below:

APB (actual) for FY2018-19


37,400 94% payout of 'On-Target' APB amount
Based on Company & Individual Performance

Target bonus is pro-rated for salary change


'On-Target' APB for FY2018-19 40,000 & tenure in the year (1st Apr'18 to 31st
Mar'19), if applicable

TCC includes statutory bonus, as applicable. Please update your revised salary structure in the online employee
compensation structure (ECS) by July 10, 2019.

This is a system generated document and does not require signature. Any unauthorized use, disclosure, dissemination or copying of this document is
strictly prohibited and may be unlawful.

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