ShareSave
Maturity

Your ShareSave is maturing

Congratulations!
You've been saving into the 2021 ShareSave for 3 years, and/or the 2019 ShareSave for 5 years, and you're about to get the benefits!

As a reminder:

• You've been saving a fixed amount each pay from your net pay for three or five years
• Your savings entitle you to Stock Appreciation Rights (SARs). These give you the right to receive the increase between the 15% discounted price at the start of ShareSave (the SAR offer price) and our share price at the end of the plan (the maturity price). This is called the SAR gain.

When the plan matures on 1 February 2025 you'll get your savings back, plus any SAR gain.

We're making great progress on our journey to becoming the high performing, competitive, resilient and growing business we have the potential to be. This progress is reflected in our share price which has increased materially since the start of the plan(s). As a result, we're expecting colleagues who joined ShareSave to make a significant gain.

Your SAR gain will depend on how much you saved, and our average share price at the close market for the three days from 29 – 31 January 2025.

Your gain is a testament to our collective hard work and contribution to executing our strategy. We are delighted that you will have this opportunity to benefit from our combined success.

#WinningTogether

Due to local laws and restrictions, it works slightly differently depending on your location. Your SAR gain will be paid to you in February or March (dependent on payroll deadlines). Your savings account will be closed and your savings plus any interest (if applicable) will be returned to you. Where your local process is different you may need to close your account and take back your savings.

Thank you for being on the journey with us – we all have a part to play in our success.

We care for your financial wellbeing and want to align as many colleagues as possible to our Purpose. Our transformation is changing not just the way we work, but the way we think and behave. We're moving from ShareSave to a new plan, to ensure our people will benefit as we deliver our strategy and continue to be a force for progress. Look out for more details soon on Your Shares: Matched!