Page 510 - SOBHA REALTY QUARTERLY PR REPORT - JANUARY-MARCH 2024 (ENGLISH )

3/1/24, 1:25 PM Sobha Realty Announces AED 100M Bonus for Employees, Celebrating D…
In light of recent global challenges, Sobha Realty's initiative comes as a testament to the resilience and

unwavering commitment demonstrated by its employees. Ravi Menon, the Co-chairman of Sobha Realty,

emphasized the crucial role of each team member, stating, "This special bonus is our way of expressing
gratitude towards our employees who have shown exceptional dedication and resilience, especially during

tough times." Disbursed on February 1, 2024, the bonus aims not just to reward, but also to motivate the

workforce as they step into the new year.

Aligning with Core Values

The decision to award a significant bonus aligns seamlessly with Sobha Realty's core values of integrity,

innovation, and excellence. By acknowledging the collective effort of its employees, the company reinforces its

commitment to creating a positive and motivating work environment. This initiative is a clear indication of

Sobha Realty's dedication to its greatest asset - its people, ensuring that their hard work and dedication do not

go unnoticed.

Looking Ahead

As Sobha Realty continues to navigate through the ups and downs of the real estate market, this bonus

program represents more than just financial reward; it symbolizes the company's recognition of the essential

role that each employee plays in its growth and success. With a focus on fostering a culture of appreciation,

Sobha Realty sets a precedent for other companies in the industry, proving that valuing employees is key to
achieving corporate excellence and resilience in challenging times.

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