Just Annual Report and Accounts 2022

STRATEGIC REPORT

FINANCIAL STATEMENTS

Governance

PLC COMMITTEES

JRL AND PLACL COMMITTEES

Investment Committees Audit Committees Committee Chair

Nomination and Governance Committee Remuneration Committee Committee Chair

Group Audit Committee Group Risk and Compliance Committee Market Disclosure Committee

A

N

I

RI

RE

A

M

SENIOR INDEPENDENT DIRECTOR

NON-EXECUTIVE DIRECTORS

Ian Cormack Senior Independent Director Appointed: 4 April 2016 (7 years)

Paul Bishop Independent Non-Executive Director Appointed: 4 April 2016 (7 years)

Michelle Cracknell Independent Non-Executive Director Appointed: 1 March 2020 (3 years)

N RE RI

M

A A

N

RI

RE

N

I

CAREER AND EXPERIENCE Ian has been an independent Non-Executive Director of Just Group plc since April 2016 and was appointed as its Senior Independent Director on 1 January 2022. Ian previously served as Senior Independent Director for Partnership Assurance Group plc from May 2013 until its merger with Just Retirement Group plc in April 2016. Prior to his appointment, Ian spent over 30 years at Citibank, latterly as UK Country Head and Co-Head of the Global Financial Institutions Group. From 2000 to 2002, he was Chief Executive Officer of AIG Europe. Ian has served as a Non-Executive Director on several Boards in the UK and overseas. Previous appointments include serving as Senior Independent Director of Phoenix Group Holdings Limited, Chair of Maven Income & Growth VCT 4 plc and Non- Executive Director of Hastings Group Holdings plc and the Broadstone Acquisition Corporation. Ian is currently a Non-Executive Director of NatWest Holdings Limited, National Westminster Bank plc, the Royal Bank of Scotland plc, Ulster Bank Limited and the Foundation for Governance Research and Education. SKILLS AND COMPETENCIES • Extensive career within the financial services and banking sector • Broad knowledge and understanding of remuneration issues • Broad experience of engagement with major shareholders and regulators on remuneration

CAREER AND EXPERIENCE Paul has been an independent Non-Executive Director of Just Group plc since April 2016. He previously served as a Non-Executive Director of Partnership Assurance Group plc from May 2014 until its merger with Just Retirement Group plc in April 2016. Prior to his appointment, Paul spent the majority of his career at KPMG and was a Partner from 1993 until the end of January 2014. He has specialised in the insurance sector for over 30 years, particularly life insurance, and led KPMG’s insurance consulting practice for much of his time as a Partner. Paul also spent 18 months on secondment at Standard Life as Head of Financial Change in the period leading up to its demutualisation and flotation. Previously, Paul served as a Non-Executive Director of Police Mutual Assurance Society from 2017 to September 2020. Paul is currently a Non-Executive Director of the National House Building Council and Zurich Assurance Limited.

CAREER AND EXPERIENCE Michelle was Chief Executive Officer of The Pensions Advisory Service between October 2013 and December 2018. Prior to that, she held Director roles in advice firms, providers and insurance companies. In addition to Just Group, Michelle is a Non- Executive Director and Trustee of Lloyds Banking Group Pension Funds, Chair of FIL Wealth Management Limited, Non-Executive Director of FIL Holdings Limited and Financial Administration Services Limited, and a Non- Executive Director and Chair of the Audit and Risk Committee of PensionBee Group plc. In February 2023 Michelle was appointed as a Non- Executive Director of the Board of Sport England.

SKILLS AND COMPETENCIES • Strong experience of financial, accounting and internal control matters • Highly competent in programme and change management • Chartered Accountant

SKILLS AND COMPETENCIES • Extensive experience in later life benefits and regulated financial services • Broad knowledge and understanding of remuneration issues • Qualified Actuary

CURRENT OTHER LISTED DIRECTORSHIPS None

CURRENT OTHER LISTED DIRECTORSHIPS None

CURRENT OTHER LISTED DIRECTORSHIPS PensionBee Group plc

KEY INTERNAL DIRECTORSHIPS • Director of Just Retirement Limited • Director of Partnership Life Assurance Company Limited

KEY INTERNAL DIRECTORSHIPS • Director of Just Retirement Limited • Director of Partnership Life Assurance Company Limited

KEY INTERNAL DIRECTORSHIPS • Chair of Just Retirement Money Limited • Chair of Partnership Home Loans Limited • Director of Just Retirement Limited • Director of Partnership Life Assurance Company Limited • Director of HUB Financial Solutions Limited

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