Virgin Money UK PLC announces that Darren Pope, a Non-Executive Director of the Company and Chair of the Remuneration Committee, has informed the Board of his intention to step down from the Board on 26 May 2023 to explore another non-executive director role externally. Darren joined the Virgin Money Board in October 2018 and is a member of the Audit Committee, the Governance and Nomination Committee and of the Risk Committee. He will also step down as a Director of Clydesdale Bank PLC on the same date.

The Board has initiated a process to select and appoint a Chair of the Remuneration Committee successor. The Board has initiated a process to select and appoint a Chair of the Remuneration Committee successor.