REG - Quilter PLC - Directorate Changes

QuilterAnnouncement

12/09/2024 15:00

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RNS Number : 0080E  Quilter PLC  12 September 2024

12 September 2024

Quilter plc

Directorate Changes

 

Further to the announcement made on 7 August 2024, Quilter plc ("Quilter" or
the "Company") confirms that Tim Breedon has stepped down from the Quilter
Board on 11 September 2024.

 

With effect from 12 September 2024:

 

1.   Neeta Atkar, who has served on the Board since August 2022, has been
appointed as Senior Independent Director and Chair of the Board Remuneration
Committee.

2.   Alison Morris has been appointed as a member of the Board Remuneration
Committee.

3.   Chris Hill has been appointed as Quilter's Workforce Engagement
Director.

 

Commenting on today's announcement, Ruth Markland, Quilter Chair, said, "I am
delighted that Neeta, Alison and Chris have agreed to take on these additional
responsibilities. Neeta brings a wealth of experience serving as a Senior
Independent Director and on remuneration committees, which will be of
significant value in her new roles.  Once again, on behalf of the Quilter
Board, I would like to express our gratitude to Tim and wish him well for the
future."

 

Notes:

 1.  Neeta Atkar has been a member of the Quilter Board since August 2022 and
     currently chairs the Board Risk Committee and serves on the Board Audit
     Committee and the Board Corporate Governance and Nominations Committee. She is
     a Non-executive Director of the British Business Bank plc, where she has
     been Senior Independent Director since 2019. Neeta has extensive experience
     serving on remuneration committees, having been a member of the Nomura Europe
     Holdings plc remuneration committee since 2018, where she also chairs their
     German subsidiary remuneration committee.

 2.  Neeta's appointment as Chair of the Board Remuneration Committee is subject to
     regulatory approval.

 3.  Alison Morris has gained experience of serving on board remuneration
     committees, and is currently a member of the board remuneration committee at
     Paragon Banking Group PLC.

 4.  From 12 September 2024, the membership of the Quilter Board Committees is as
     follows:

     Board Audit Committee         Board Corporate Governance and Nominations Committee

     George Reid (Chair)           Ruth Markland (Chair)

     Neeta Atkar                   Neeta Atkar

     Chris Hill                    George Reid

     Alison Morris

     Board Remuneration Committee  Board Risk Committee

     Neeta Atkar (Chair)           Neeta Atkar (Chair)

     Chris Hill                    Moira Kilcoyne

     Ruth Markland                 Alison Morris

     Alison Morris                 George Reid

                    Chris Samuel

 5.  Neeta Atkar will receive additional fees of £20,000 per annum for her role as
     Senior Independent Director and £30,000 per annum for her role as Chair of
     the Board Remuneration Committee.

 6.  Alison Morris will receive an additional fee of £15,000 per annum for her
     role as a member of the Board Remuneration Committee.

 7.  Biographical details of the Quilter plc Board, including Neeta Atkar, Chris
     Hill and Alison Morris can be found at
     https://plc.quilter.com/about-us/quilter-leadership/
     (https://plc.quilter.com/about-us/quilter-leadership/)

 8.  No other details are required to be disclosed under paragraph 6.4.8R of the UK
     Listing Rules, save as disclosed in this announcement.

5.

Neeta Atkar will receive additional fees of £20,000 per annum for her role as
Senior Independent Director and £30,000 per annum for her role as Chair of
the Board Remuneration Committee.

 

6.

Alison Morris will receive an additional fee of £15,000 per annum for her
role as a member of the Board Remuneration Committee.

 

7.

Biographical details of the Quilter plc Board, including Neeta Atkar, Chris
Hill and Alison Morris can be found at
https://plc.quilter.com/about-us/quilter-leadership/
(https://plc.quilter.com/about-us/quilter-leadership/)

 

8.

No other details are required to be disclosed under paragraph 6.4.8R of the UK
Listing Rules, save as disclosed in this announcement.

 

Enquiries:

 John-Paul Crutchley - Head of Investor Relations  Tel: +44 (0)7741 385 251

 Clare Barrett - Company Secretary                 Tel: +44 (0)207 002 7072

 

About Quilter plc:

Quilter plc is a leading provider of financial advice, investments and wealth
management, committed to being the UK's best wealth manager for clients and
their advisers.

 

Quilter oversees £113.8 billion in customer investments (as at 30 June 2024).

 

It has an adviser and customer offering spanning financial advice, investment
platforms, multi-asset investment solutions, and discretionary fund
management.

 

The business is comprised of two segments: Affluent and High Net Worth.

 

Affluent encompasses the financial planning business, Quilter Financial
Planning, the Quilter Investment Platform and Quilter Investors, the
multi-asset investment solutions business.

 

High Net Worth includes the discretionary fund management business, Quilter
Cheviot, together with Quilter Cheviot Financial Planning.

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