Capital Requirements Directive

Governance

Sections 5.8 and 6.4 of the General Organisational Requirements (“GOR”) Part of the Prudential Regulation Authority’s (“PRA’s”) Rulebook require a firm that maintains a website to explain how it complies with the requirements of Chapters 5 and 6 of the GOR Part and rule 8.2 of the Senior Management Functions Part of the PRA Rulebook relating to governance arrangements.

The Group confirms that it meets the current requirements. Further details on compliance can be found in our Board Terms of Reference and Board Committees’ terms of reference; in our Full Year Annual Report; our Directors’ Profiles; and our Board Diversity Policy.

The Group further confirms that it meets the current requirements in respect to GOR 5.4 to GOR 5.6.

Remuneration

Section 7.5 of the Remuneration Part of the Prudential Regulation Authority’s Rulebook, and 19D.3.13 of the Financial Conduct Authority’s Handbook require a firm that maintains a website to explain how it complies with their remuneration rules.

The Group confirms that it meets the current requirements. The relevant year of the Annual Report contains information on the way in which risk management is an inherent part of remuneration decisions, how Group discretionary incentives are determined, the remuneration structures for all employees including Material Risk Takers and the purpose and involvement of the Remuneration Committee in remuneration decisions.

Country by country disclosure

In accordance with the Capital Requirements (Country-by-Country Reporting) Regulations 2013, we set out the country-by-country information in respect of the year ended 31 December 2023. The disclosures in respect of the year ended 31 December 2024 will be published on the website on or before 31 December 2025.