CFO Retirement

Secure Trust Bank PLC, a leading specialist lender, announces that, after six years with the Group, Rachel Lawrence has informed the Board of her intention to retire as Chief Financial Officer and as a Director of STB during the first half of 2027.

After a career spanning over 35 years, Rachel has decided that then will be the right time for her to retire. The Board has commenced a process to identify a successor and Rachel's retirement date should allow for a seamless handover in due course.

Jim Brown, Chair of STB, said:

"Although Rachel will not be leaving STB for some time, I would like to take this opportunity to thank her for the substantial contribution she has made to the Group since her appointment in September 2020. Rachel has helped drive significant strategic progress across the business, including its simplification, and has maintained a disciplined approach to capital management. Together, these have positioned STB well for continued growth and improved shareholder returns. She is a valued colleague who has built a strong finance team and will leave with our sincere thanks and best wishes for her retirement."

Rachel Lawrence, CFO of STB, said:

"It has been a privilege to serve on the Board and to work with such a talented and committed group of colleagues. While the decision to retire is not an easy one, I do so knowing that STB is well positioned for continued growth, supported by a robust balance sheet and a strong capital position. I wish the Board, the Executive team and all my colleagues every success in the future."

STB will provide a further update once Rachel's successor has been identified and her retirement date has been confirmed. There are no further details to be disclosed under UK Listing Rule 6.4.