Page 492 - SOBHA REALTY QUARTERLY PR REPORT - JANUARY-MARCH 2024 (ENGLISH )

3/1/24, 1:23 PM Sobha Realty Awards AED 100M Bonus To Staff For Dedication
Sobha Realty, a leading real estate developer in Dubai, announced a special bonus program for all its employees
in a testament to its commitment to recognising their hard work and dedication.

Appreciating the unwavering commitment demonstrated by the team members, the company has granted AED

100 Million bonus to all employees working on non-incentive programs, covering employees across various
departments. This move underscores the company’s belief in the collective effort that has played a pivotal role in

Sobha Realty’s success.

Ravi Menon, Co-chairman of Sobha Realty said: “We extend our heartfelt appreciation to the essential pillars of
Sobha Realty—the outstanding individuals who consistently contribute their skills, passion and dedication each

day. The special bonus is an expression of our gratitude for the resilience demonstrated by our employees,
particularly in the face of challenging times.”

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The bonus, disseminated on 1 Feb 2024, aims to provide employees with an extra boost as they enter into the

new year. Sobha Realty acknowledges the pivotal role each employee plays in the company’s growth and
success, emphasising its commitment to fostering a positive and motivating work environment. This bonus
program aligns with Sobha Realty’s core values of integrity, innovation and excellence, reaffirming the

company’s dedication to its greatest asset, its people.

https://www.cbnme.com/news/sobha-realty-awards-aed-100m-bonus/#:~:text=The bonus%2C disseminated on 1,positive and motivating work environ… 2/2