Group Board Committees.

The Risk Committee operates under delegated authority from the Board on matters of risk management and internal controls. The Committee meets at least four times a year. The Committee has responsibility for oversight and advice to the Board on current risk exposures and the future risk strategy of the Group. It ensures that proper control systems are in place and that appropriate consideration is given to current and future risks through regular updates from both first and second line. It is responsible for embedding and maintaining a supportive culture in relation to risk management and for providing assurance to the Board that the processes for risk management and internal control are adequate and effective through independent challenge and oversight.

Members: Wayne Bowser (Chair), Mike McTighe, Joe Shaoul

The Audit Committee operates under delegated authority from the Board on matters of financial reporting, financial controls, the Internal Audit function and the external auditor. It is responsible for the oversight of the reporting of the Group’s financial information, the effectiveness of its internal controls and risk management, the Group’s Internal Audit function and the relationship with the external auditor. The Committee meets at least four times a year.

Members: Wayne Bowser (Chair), Mike McTighe, Joe Shaoul

The Remuneration and Nomination Committee operates under delegated authority from the Board on matters of remuneration, recruitment of senior individuals and succession planning. It has responsibility for approving the Pay and Reward Policy for colleagues, setting individual remuneration packages for the Executive Committee and for approving remuneration budgets for all colleague incentive schemes. It is also responsible for recruiting potential new members for the Board and reviewing succession plans for Executive Committee Members. The Committee meets at least three times a year.

Members: Mike McTighe (Chair), Wayne Bowser, Joe Shaoul

The Dividend Committee operates under delegated authority from the Board. The Committee approves the payment of interim dividends and recommends the payment of final dividends to the Board, taking into account the financial position of the company and the Group as well as other relevant matters.

Members: Mike McTighe (Chair), Wayne Bowser, Joe Shaoul.

The Disclosure Committee operates under delegated authority from the Board, to review and approve public disclosures concerning the Group and to consider matters brought to its attention which would be likely to give rise to an obligation to make a market announcement in accordance with applicable market abuse regulations.

Members: Mike McTighe (Chair), Chris Adams, Gary Beckett

The Transformation Steering Committee is a combined committee of the Group and Together Personal Finance (TPF) Boards, which includes representatives from both businesses and is chaired by a non-executive director from the TPF Board. The Committee operates under the delegated authority of both Boards and for ensuring the successful delivery of the Together Group Transformation objectives and has full responsibility to oversee the successful execution of the transformation programme in line with approved budgets.

Members: Jon Hogan (Chair), Mike McTighe (Vice Chair), Andrea Dalton, John Barker, Richard Rowntree