{"table":{"settings":{"backgroundColor":"table-cell--none","columnWidth":"None"},"rows":[{"backgroundColor":"table-cell--none","columnWidth":"None"},{"backgroundColor":"table-cell--none","columnWidth":"None"},{"backgroundColor":"table-cell--none","columnWidth":"None"},{"backgroundColor":"table-cell--none","columnWidth":"None"},{"backgroundColor":"table-cell--none","columnWidth":"None"},{"backgroundColor":"table-cell--none","columnWidth":"None"},{"backgroundColor":"table-cell--none","columnWidth":"None"}],"columns":[{"backgroundColor":"table-cell--none","columnWidth":"None"},{"backgroundColor":"table-cell--none","columnWidth":"None"}],"cells":[[{"backgroundColor":"table-cell--none","rowIndex":0,"columnIndex":0,"value":"

Share Scheme

"},{"backgroundColor":"table-cell--none","rowIndex":0,"columnIndex":1,"value":"

Treatment of Outstanding Awards

"}],[{"backgroundColor":"table-cell--none","rowIndex":1,"columnIndex":0,"value":"

2020 Annual Incentive Plan

"},{"backgroundColor":"table-cell--none","rowIndex":1,"columnIndex":1,"value":"

Mr Jensen was awarded a payment of £440,000 pursuant to the 2020 Annual Incentive Plan. 50% of the AIP achieved was deferred into shares for three years with a further two-year holding period on vesting. Mr Jensen retains his 21,671 deferred 2020 AIP shares.

"}],[{"backgroundColor":"table-cell--none","rowIndex":2,"columnIndex":0,"value":"

2021 Annual Incentive Plan

"},{"backgroundColor":"table-cell--none","rowIndex":2,"columnIndex":1,"value":"

Mr Jensen was awarded a payment of £273,732 pursuant to the 2021 Annual Incentive Plan. 50% of the AIP achieved was deferred into shares for three years with a further two-year holding period on vesting. Mr Jensen retains his 22,896 deferred 2021 AIP shares.

"}],[{"backgroundColor":"table-cell--none","rowIndex":3,"columnIndex":0,"value":"

2022 Annual Incentive Plan

"},{"backgroundColor":"table-cell--none","rowIndex":3,"columnIndex":1,"value":"

Mr Jensen was awarded a payment of £326,683 pursuant to the 2022 Annual Incentive Plan. 50% of the AIP achieved was deferred into shares for three years with a further two-year holding period on vesting. Mr Jensen retains his 73,988 deferred 2022 AIP shares.

"}],[{"backgroundColor":"table-cell--none","rowIndex":4,"columnIndex":0,"value":"

2023 Annual Incentive Plan

"},{"backgroundColor":"table-cell--none","rowIndex":4,"columnIndex":1,"value":"

Mr Jensen is treated as a good leaver and is eligible for a cash payment which will be prorated to his retirement date. This is based on an interim assessment of the measures of the AIP which takes into account his personal contribution. The actual amount will be confirmed in the DRR.

"}],[{"backgroundColor":"table-cell--none","rowIndex":5,"columnIndex":0,"value":"

2019 Value Creation Plan

"},{"backgroundColor":"table-cell--none","rowIndex":5,"columnIndex":1,"value":"

Mr Jensen’s VCP awards lapse on retirement from the Company.

"}],[{"backgroundColor":"table-cell--none","rowIndex":6,"columnIndex":0,"value":"

Share Incentive Plan: Free Shares, Partnership and Matching Shares

"},{"backgroundColor":"table-cell--none","rowIndex":6,"columnIndex":1,"value":"

Will be treated in accordance with the rules as determined by HMRC.

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Luke Jensen Remuneration Arrangements