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Vacations Policy

The following is the company’s vacation policy, applicable in general to all employees at Talos.

In accordance with Colombian law, employees are entitled to vacation rights upon meeting the requisites defined under ‘’artículo 186 del Código Sustantivo del Trabajo’’ which states that every worker shall have the right to 15 working days of vacation per year of service. Both employer and employee can agree upon monetary payment of up to half vacation time, as long as the employee takes a minimum of 6 consecutive days of vacation per year.

To guarantee an effective vacation request process, the company has defined the following guidelines:

* All vacation requests should be directed via email to HR and the Account manager or corresponding PO depending on the vertical. E.g. request@talosdigital.com and Account Manager or PO.

* All vacation requests for more than 5 working days, should be presented at least 4 months in advance.

* All vacation requests for less than 5 working days should be presented at least 1 month in advance.

* When vacations are subject to a customer’s approval, the request should be managed directly by the Account Manager, never by the employee.

* We recommend that the employees’ vacations coincide with the termination dates of their projects, in order to avoid affecting their development.

* It is part of Talos culture to request vacation time on a yearly basis, in order to avoid accumulating and requesting consecutive periods.

* All the members of a team should avoid taking vacation time simultaneously, and vacation requests will be answered in order of arrival.

* If after a year of work, the employee has not applied for vacation time, the company will unilaterally schedule vacation time for the employee, and will notify them of this, 15 working days in advance of the granted resting period. This is done in order to avoid vacation periods accumulation.

In case of having questions or needing further information on this policy, please communicate with HR.