MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2022-23

MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2022-23 The world is witnessing a transformative era where the business landscape is evolving rapidly. At Mahindra, we believe that agility and responsiveness to change are crucial for success. However, we also recognise that in this new world, our customers want more than just a prof it-oriented approach. They expect brands to care about issues that matter and stand for something meaningful. That is why, at Mahindra, we are committed to rise for a more equal world. At the heart of this commitment are our people - our employees, who are our brand ambassadors. They bring vitality, dynamism, energy and innovative ideas to work every day. They are the driving force behind our success, helping us realise our aspirations in this new era. To achieve our goals, we prioritise the well-being and development of our employees. We provide them with a sense of purpose, invest in their professional growth, and prioritise their health and safety. We celebrate innovation and out-of-the- box thinking and support well-reasoned risk-taking. In doing so, we recognise that our employees are also our partners in our journey towards a more equal world. PEOPLE M&M has a workforce of 61,874 permanent and non-permanent employees of the permanent workforce is unionised. 91% ENABLING TRANSFORMATION Challenge Conventions Bring Alternative inking to the Workplace Drive Positive Change in the Lives of Our Customers & Communities C A P ENSURING GROWTH Recognition for Outperformance Empowering Environment Abundant Learning Opportunities R E AL THE MAHINDRA EMPLOYEE VALUE PROPOSITION At Mahindra, we enable and sustain an empowering work culture where our employees learn and lead. Our employee value proposition 'CAPable people – REAL experience' underpins effective employee strategies that enable transformation and accelerate inclusive growth to drive the momentum towards collaborative success. 40