The Company published its Notice of Annual General Meeting 2021 ( AGM Notice ) on 18 March 2021 in respect of its Annual General Meeting ( AGM ) to be held on Wednesday 21 April 2021 at 2.00pm. As anticipated at the time the AGM Notice was published, indoor public meetings will remain prohibited under the national lockdown restrictions at the date of the AGM. It will therefore now take place as a closed meeting with only the minimum number of persons present as is legally required to form a quorate meeting including a Company Director/Secretary and/or employee shareholders to meet the quorum requirements. One of them will be appointed as chair of the Meeting in accordance with the Company s articles of association. The attendance of these two people is reasonably necessary for work purposes , and therefore permitted under the national lockdown restrictions as they are currently expected to be in force on Wednesday 2
25% Statutory Earnings Per Share (EPS) before exceptional items (adjusted to reflect tax paid on a cash basis) of 25.17p (threshold, 25% vesting) to 27.96p (target, 50% vesting) to 30.76p (maximum, 100% vesting), measured as an aggregate over the three-year performance period ending 31 December 2023. Relative TSR 25% Total Shareholder Return (TSR) of median (threshold, 25% vesting) to upper quartile (maximum, 100% vesting) when ranked relative to companies in the FTSE250 (excluding investment trusts), measured over the three-year performance period ending 31 December 2023. Average ROIC 25% Pre-tax Return on Invested Capital (ROIC) of 16.5% (threshold, 25% vesting) to 18.3% (target, 50% vesting) to 20.2% (maximum, 100% vesting), measured as an average over the three-year performance period ending 31 December 2023.