West Bromwich Building Society Board would like to provide updated guidance on its current expectation for the final CCDS distribution for August 2021 (the 'Final Distribution'). Although profit levels have remained below the levels envisaged at the time of the LME, the Society has maintained its capital strength with a CET1 ratio of 16.4% as at 31 March 2021. Taking account of these and other relevant factors, and considering the interests of the Society's members as a whole, the Board expects to increase the Final Distribution to £0.75p per CCDS.