MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2023-24

MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2023-24 238 IV. EMPLOYEES [GRI 2-7, 2-8, 405-1, 401-1] 20. Details as at the end of Financial Year: a. Employees and workers (including differently abled): S. No Particulars Total (A) Male Female No. (B) % (B/A) No. (C) % (C/A) EMPLOYEES 1. Permanent (D) 13,807 12,717 92.11 1,090 7.89 2. Other than Permanent (E) 457 318 69.58 139 30.42 3. Total employees (D + E) 14,264 13,035 91.38 1,229 8.62 WORKERS 4. Permanent (F) 10,598 10,549 99.54 49 0.46 5. Other than Permanent (G) 43,552 40,204 92.31 3,348 7.69 6. Total workers (F + G) 54,150 50,753 93.73 3,397 6.27 b. Differently abled Employees and workers: S. No Particulars Total (A)* Male Female No. (B) % (B/A) No. (C) % (C/A) DIFFERENTLY ABLED EMPLOYEES 1. Permanent (D) 6 6 100.00 0 0.00 2. Other than Permanent (E) 0 0 0.00 0 0.00 3. Total differently abled employees (D + E) 6 6 100.00 0 0.00 DIFFERENTLY ABLED WORKERS 4. Permanent (F) 9 8 88.89% 1 11.11 5. Other than Permanent (G) 21 17 80.95% 4 19.05 6. Total differently abled workers (F + G) 30 25 83.33% 5 16.67 * Numbers mentioned above are based on voluntary disclosures from employees & workers 21. Participation/Inclusion/Representation of women Total (A) No. and percentage of Females No. (B) % (B/A) Board of Directors 10 3 30.00% Key Management Personnel 4* 0 0.00% * Includes Managing Director & CEO and Executive Director & CEO (Auto and Farm Sector) as per the definition of Key Management Personnel (KMP), also covered in the number of directors on the Board. 22. Turnover rate for permanent employees and workers (Disclose trends for the past 3 years) FY 2023-24 (Turnover rate in current FY) FY 2022-23 (Turnover rate in previous FY) FY 2021-22 (Turnover rate in the year prior to the previous FY) Male Female Total Male Female Total Male Female Total Permanent Employees 13.7% 16.1% 13.8% 16.4% 24.9% 17.0% 15.8% 34.2% 16.9% Permanent Workers 5.8% 7.6% 5.8% 5.0% 8.8% 5.0% 4.5% 9.4% 4.6% Note: Includes workers opted for retirement under voluntary retirement scheme of the Company.

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