GOLDEN RELIEF RESOURCES LIMITED

HR POLICY MANUAL – INDIA

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1. INTRODUCTION

This HR Policy Manual outlines the policies, procedures, and standards governing employment at Golden Relief Resources Limited (“the Company”) in India.

1.1 Policy Authority

The Company reserves the absolute right to interpret, amend, modify, suspend, or withdraw any provision of this manual at its sole discretion, with or without prior notice, subject to applicable laws. In case of any ambiguity, the interpretation of Management shall be final and binding.

1.2 No Contract of Employment

This manual does not constitute a contract of employment, express or implied, nor does it guarantee employment for any specific duration. Employment is governed solely by the individual employment agreement and applicable laws.

1.3 Governing Law

All policies shall be governed by and interpreted in accordance with the laws of India. In case of conflict, statutory provisions shall prevail.

1.4 Severability

If any provision is deemed invalid under law, the remaining provisions shall continue in full force.

2. COMPANY OVERVIEW

2.1 Vision

To build a structured, growth-driven institution delivering consistent and superior performance.

2.2 Mission

To deliver prompt, high-quality services using innovative techniques in challenging environments.

2.3 Core Values – iCARE

The Company operates on the following core values:

• Innovation – Continuously improving and challenging conventional approaches
• Commitment – Delivering on promises with integrity
• Adaptability – Embracing change and learning
• Respect – Valuing diversity and treating all with dignity
• Ethics – Upholding the highest standards of conduct

3. GENERAL COMPETENCY FRAMEWORK

Employees are expected to demonstrate key competencies including Communication, Customer Focus, Drive for Results, Flexibility & Adaptability, Health & Safety Awareness, Innovation, Planning & Organizing, Problem Solving, Self-Development, and Team Spirit.

4. EMPLOYMENT FRAMEWORK

4.1 Employment Types

Direct Employees, Graduate Trainees (Develops), Contract Employees, and Special Contract Employees.

4.2 Probation

Probation period is up to 6 months. Employment may be terminated during probation without notice, subject to applicable law.

4.3 Conflict of Interest

Employees must disclose any potential conflict. Failure to do so may result in disciplinary action, including termination.

5. WORKING HOURS & ATTENDANCE

5.1 Working Hours

Standard office hours: 9:00 AM to 6:00 PM (Monday to Friday). Saturday: 9:00 AM to 2:00 PM. (6 days workweek).

5.2 Attendance Requirements

Punch-in and punch-out are mandatory. Requests for manual attendance correction due to forgetting to punch in or out will generally not be entertained. Proxy attendance is strictly prohibited.

5.3 Grace & Late Policy

Grace period: up to 9:30 AM. After 9:15 AM, employees are expected to work till 7:00 PM. After 9:30 AM, it is counted as a half-day leave or salary deduction.

5.4 Monthly Flexibility

Two late arrivals (short leaves) up to 11:00 AM are allowed per month with approval (morning delay or early departure of up to 2 hours).

6. LEAVE POLICY (INDIA)

The leave year runs from 1st January to 31st December.

6.1 Sick Leave

Employees are eligible for 12 Sick Leaves per calendar year. A medical certificate is required for leaves exceeding 2 consecutive working days or hospitalization.

6.2 Casual Leave

Employees are eligible for 12 Casual Leaves per calendar year, accrued at 1 leave per completed month on a pro-rata basis. Unused leave will not carry forward or be encashed unless approved.

6.3 Additional / Advance Leave

Employees may take up to 33% additional leave beyond their available balance with Management approval (adjusted against future accruals or treated as LWP).

6.6 Maternity & Paternity Leave

Eligible female employees may avail up to 3 months of maternity leave. Eligible male employees may avail 2 working days of paternity leave within 30 days of childbirth.

6.8 Sandwich Leave Rule

Leaves taken in combination with weekly offs or public holidays immediately before and/or after such days will count the intervening holidays as leave. Maximum of two (2) relaxations per year are permitted with prior approval 3 months in advance.

6.9 Leave during Notice Period

Paid leaves are not allowed during the notice period.