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OSB GROUP PLC

CEO retirement announcement

OSB Group (‘OSBG’ or the ‘Group’) today announces that Andy Golding
has informed the Group’s Board of his intention to retire from the Board and
from his role as CEO by 31(st) December 2026.

The Board has commenced the search, with assistance of a third party, for a
new CEO to deliver the strategy for the Group as set out at the Investor
Update in March 2025.

Andy will continue as a Board director and Group CEO and, alongside the Board
and the experienced executive team, will continue to focus on delivering the
strategy, including the 2025 and 2026 financial guidance and medium-term
aspirations, set out at the Investor Update in March 2025.

Further announcements about the completion of the search and any subsequent
appointment and transition dates will be made in due course.

OSBG confirmed at the recent Trading Update for the nine months to 30
September 2025 that it is on track to meet 2025 guidance.

Andy Golding, CEO of OSBG said:

‘‘OSBG is an amazing bank with delivery for its customers, owners and
staff at the very heart of what the group does. I am immensely proud to have
been at the helm for the last 14 years, seeing the bank through initial
stabilisation and growth, an IPO, major M&A activity and cementing its place
as the UK’s biggest and best specialist lender. I look forward to working
with our experienced and talented leadership team to deliver another year of
strong performance in 2026 during an orderly handover process.”

David Weymouth, Chair of OSBG said:

“Andy has made invaluable contributions in the creation of the OSB Group
over the last 14 years. As the founding CEO of the Group his strategic vision
and leadership have been critical in transforming the Group, overseeing
significant growth in deposits, loan originations and overall market position,
delivering significant shareholder value and shareholder returns of £1.2bn
since 2019. The entire Board wishes him well when he retires from executive
life.”

Enquiries:

OSB GROUP PLC, Investor
Relations                                
Alexander Holcroft/Monika Ziober/Richard
Treacher                

t: 01634 838
973                                                

                        
Brunswick Group 
Robin Wrench/Simone Selzer 
t: 020 7404 5959

Other information
This announcement contains inside information which is disclosed in accordance
with the UK Market Abuse Regulation. The person responsible for arranging
the release of this announcement is Jason Elphick, Company Secretary of OSB
Group.

A statement concerning particulars of remuneration payments in accordance with
section 430(2B) of the Companies Act 2006 will be released in due course.

About OSB GROUP PLC
OneSavings Bank plc (OSB) began trading as a bank on 1 February 2011 and was
admitted to the main market of the London Stock Exchange in June 2014 (OSB.L).
OSB joined the FTSE 250 index in June 2015. On 4 October 2019, OSB acquired
Charter Court Financial Services Group plc (CCFS) and its subsidiary
businesses. On 30 November 2020, OSB GROUP PLC became the listed entity and
holding company for the OSB Group. The Group provides specialist lending and
retail savings and is authorised by the Prudential Regulation Authority, part
of the Bank of England, and regulated by the Financial Conduct Authority and
Prudential Regulation Authority. The Group reports under two segments,
OneSavings Bank and Charter Court Financial Services.

OneSavings Bank (OSB)
OSB primarily targets market sub-sectors that offer high growth potential and
attractive risk-adjusted returns in which it can take a leading position and
where it has established expertise, platforms and capabilities. These include
private rented sector Buy-to-Let, commercial and semi-commercial mortgages,
residential development finance, bespoke and specialist residential lending
and asset finance. OSB originates mortgages organically via specialist brokers
and independent financial advisers through its specialist brands including
Kent Reliance for Intermediaries and InterBay Commercial. It is differentiated
through its use of highly skilled, experience-based manual underwriting and
efficient operating model. OSB is predominantly funded by retail savings
originated through the long-established Kent Reliance name, which takes
deposits online and through a network of branches in the South East of
England. Diversification of funding is currently provided by securitisation
programmes and the Bank of England’s lending facilities.

Charter Court Financial Services Group (CCFS)
CCFS focuses on providing Buy-to-Let and specialist residential mortgages and
retail savings products. It operates through its brands: Precise and Charter
Savings Bank. It is differentiated through risk management expertise and
best-of-breed automated technology and systems, ensuring efficient processing,
strong credit and collateral risk control and speed of product development and
innovation. These factors have enabled strong balance sheet growth whilst
maintaining high credit quality mortgage assets. CCFS is predominantly funded
by retail savings originated through its Charter Savings Bank brand.
Diversification of funding is currently provided by securitisation programmes
and the Bank of England’s lending facilities