Just Annual Report and Accounts 2021

FINANCIAL STATEMENTS

STRATEGIC REPORT

GOVERNANCE

NON PLC INDEPENDENT NON-EXECUTIVE DIRECTORS

CLARE SPOTTISWOODE, Independent Non-Executive Director

JOHN PERKS, Life Companies’ Chair

KATHLEEN BYRNE, (KNOWN AS KATHY BYRNE), Independent Non-Executive Director Appointed: 1 February 2022 Kathy Byrne has over 35 years’ experience in the insurance industry and was previously Chief Executive Officer of the Metropolitan Police Friendly Society. A qualified actuary, Kathy started her career at consulting actuaries Hymans Robertson & Co and was Managing Director of Cardif Pinnacle’s investment business unit. Prior to this she was their Group Actuarial Director. Kathy has an MBA from Henley Management College and has served on the Institute and Faculty of Actuaries Council. Kathy is a co-founder and shareholder of Alpasión Vineyard, Mendoza, where she held a Non-Executive Director role until 2020.

Appointed: 4 April 2016 Clare was Non-Executive Director of Partnership Assurance Group plc from October 2014 until its merger with Just Retirement Group plc in April 2016. Clare is a mathematician and economist by training. In June 2010, she was appointed by Her Majesty’s Treasury to the Independent Commission on Banking (The Vickers Commission). Her career has involved acting as Policyholder Advocate for Norwich Union’s with-profits policyholders at Aviva, in which role she acted on behalf of one million policyholders tasked with reattributing Aviva’s inherited estate, and she was Director General of Ofgas, the UK gas regulator. Clare previously served as a Non-Executive Director of BW Offshore Limited and Chair of Naftogaz Group. In addition to Just Group, Clare is Chair of Xoserve Limited. She is also a Non-Executive Director of Gas Strategies Group Limited and Gas Strategies Holdings Limited.

Appointed: 1 April 2021 John was appointed as Chair of Just Retirement Limited and Partnership Life Assurance Company Limited on 5 May 2021 following his appointment as a Non-Executive Director on 1 April 2021. John has significant experience in the life and pensions industry, with 30 years of experience in the sector. He was previously Chief Executive Officer of Police Mutual and Managing Director of Life & Pensions at LV=. Prior to that he held senior roles at Prudential, AXA and Swiss Life. At LV=, John was a “friendly competitor” of the Just Group in many of its product markets, in addition to his role as Chief Executive Officer of its pension advice company, bringing important commercial and strategic perspectives to the Boards.

John is a Fellow of the Institute and Faculty of Actuaries.

Current other listed directorships None.

Current other listed directorships None. Committee and internal directorships Member of the Just Retirement Limited and Partnership Life Assurance Company Limited Investment Committees.

Committee and internal directorships Member of the Group Audit Committee and Group Risk and Compliance Committee. Director of Just Retirement Limited, Partnership Life Assurance Company Limited and HUB Financial Solutions Limited.

Committee and internal directorships Member of the Just Retirement Limited and Partnership Life Assurance Company Limited Audit Committees and Investment Committees.