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RNS Number : 2809B  Yorkshire Building Society  30 January 2024

This announcement contains inside information for the purposes of Regulation
11 of the Market Abuse (amendment) (EU Exit) Regulations 2019/310.  With the
publication of this announcement, this information is now considered to be in
the public domain.

30 January 2024

YORKSHIRE BUILDING SOCIETY ANNOUNCES CHIEF FINANCIAL OFFICER'S PLAN TO RETIRE

Yorkshire Building Society has announced today that their Chief Financial
Officer (CFO), Alasdair Lenman, plans to retire in June this year after seven
successful years with the Society.

Susan Allen, Chief Executive of Yorkshire Building Society, said:

"I would like to thank Alasdair for his outstanding contribution to the
Society over the last seven years. He has been CFO during a period of
significant challenge as we have addressed the complexities of the Covid
Pandemic and a period of historically low interest rates.

"During this period, our mortgage and savings balances have increased to more
than £45bn, we have consistently paid higher than the market average rate to
our savers and delivered strong profitability."

"We are working with external executive search partners to find a permanent
successor to Alasdair. In the meantime, I know colleagues will continue to
ensure everything we do is in the long-term best interest of our members and
customers."

Commenting on his time at Yorkshire Building Society, Alasdair Lenman said:

"I have thoroughly enjoyed my time at Yorkshire Building Society and it has
been a great privilege to have been CFO at a member owned mutual building
society.

"Now is the right time for me to plan my retirement, particularly when the
society is in such good shape. I would like to thank all my colleagues for
their dedication and hard work and know they will continue to put members at
the heart of everything they do."

ENDS

Notes to Editors

About Yorkshire Building Society

Yorkshire Building Society has assets of £62.2billion and nearly 3 million
customers. Its subsidiary companies include Accord Mortgages Limited.

For more information on Yorkshire Building Society visit www.ybs.co.uk
(http://www.ybs.co.uk)

For further media information please contact:

Gary Brook, Senior Manager - External Affairs

gbrook@ybs.co.uk (mailto:gbrook@ybs.co.uk)

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