Chalet Hotels Limited receives Great Place to Work® certification for the third time in a row

India, March 22, 2022: Chalet Hotels Limited, owner, developer, and asset manager of high-end hotels in key metro cities in India, has been recognized with the prestigious Great Place to Work® certification. With its people-first initiatives and strong emphasis on boosting employee engagement, this will be the third consecutive year for Chalet Hotels Limited to receive this certification.

A part of the K Raheja Corp group, Chalet Hotels Limited values and believes that people are its greatest asset and has created progressive policies which are benchmarked to global standards. This recognition comes at a time when the company has created synergy across groups to remain agile and adapt rapidly to evolving market dynamics.

With an increasingly strong focus on Environment, Social and Governance (ESG) across its portfolio, Chalet Hotels has undertaken various programmes which are aimed at bettering people relations and employee welfare within the company:

· Leadership Execution Accelerated Program (LEAP) for millennials which is a one-year intensive leadership development program, specially designed to upgrade professional skills and apply the knowledge gained to function efficiently on a day-to-day basis.

· The Company also hosts a Rendezvous with the CEO – a monthly initiative that provides employees, across levels, a direct platform to showcase their ideas and concerns or just a discussion with the top management.

· An initiative called Relaunch Your Career allows employees to pick up their career posting taking a work-break due to various reasons like health issues, maternity leave, or taking care of a family member.

· The non-discriminative environment at the workplace is ensured through a policy called The Pride Side which commits to transparency from the hiring process to appraisals of employees.

· To support women workforce, the Company curated a policy called Anchal, which gives complete support to pregnant women from working from home to providing cab services and other assistance while working from office.

Commenting on the certification, Mr. Sanjay Sethi, Managing Director, and CEO, Chalet Hotels Limited said, “We are honored to receive this prestigious certification for the third time in a row. Chalet Hotels Limited believes that employee well-being is the key to business success, and we are committed to offering our employees a trusted foundation to further enhance their skills and grow

as individuals. We are constantly creating employee-centric programs to foster a diverse and progressive work culture across levels.

Great Place to Work® is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with the feedback, real-time reporting, and insights they need to make strategic people decisions. The Institute serves businesses, non-profits, and government agencies in more than 60 countries and has conducted pioneering research on the characteristics of great workplaces for over three decades.

In India, Great Place to Work® partners with more than 1100 organizations annually across over 22 industries to help them build High-Trust, High-Performance Cultures™ designed to deliver sustained business results. Hundreds of CEOs and CXOs from India Inc. are part of the great place community that is committed to the vision of making India a great place to work FOR ALLTM.

The Institute’s research shows that great workplaces are characterized by great leadership, consistent employee experience, and sustainable financial performance. These organizations can deliver a consistent experience to all their employees irrespective of their role, gender, tenure, or level in the organization. Their leaders believe in the vision of creating and sustaining a Great Place to Work FOR ALL and role model being ‘FOR ALL’ Leaders.

About Chalet Hotels Limited

Chalet Hotels Limited (CHL), is an owner, developer, and asset manager of high-end hotels in key metro cities in India. CHL comprises seven operating hotels, including a hotel with a co-located serviced residence, which is situated across the markets of the Mumbai Metropolitan Region, Hyderabad, Bengaluru, and Pune. The hotels are branded with globally recognized hospitality brands and are in the luxury-upper upscale and upscale hotel segments. The hotel platform emphasizes strategic locations, efficient design and development, appropriate positioning and, branding and operational tie-ups with leading hospitality companies. CHL uses its experience to actively manage the hotel assets to drive performance.

In addition, CHL has developed commercial spaces, in close proximity to its existing hotels. These are at strategic locations, generally with high barriers to entry, and in high-density business districts.

For more information about the Company, please visit www.chalethotels.com

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