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REG - Savills PLC - Directors Remuneration Report - Clarification

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RNS Number : 5837J  Savills PLC  27 April 2022

Clarification in respect of the Directors' Remuneration Report

The Company published its 2021 Annual Report and Accounts on 4 April 2022.

On page 134 of the 2021 Annual Report and Accounts within the Directors'
Remuneration Report, it is stated that in relation to the Company's 2021
Performance Share Plan awards the one-third of the awards subject to the
satisfaction of Return on Capital Employed targets has a maximum performance
target requiring the Company's ROCE to be 32.5% or more but this is incorrect.
As correctly stated in the Company's announcement issued on 25 November 2021
through the Regulatory News Service, the one-third of the awards subject to
the satisfaction of Return on Capital Employed targets has a maximum
performance target requiring the Company's ROCE to be 25% or more.

The period over which the performance targets are measured runs from 1 January
2021 to 31 December 2023. Actual performance against these targets will be set
out in the Company's 2023 Annual Report and Accounts.

For further information, please contact:

Chris Lee

Group Legal Director & Company Secretary

020 3107 5431

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