Nationwide Ccds Regulatory News (NBS)

Nationwide Building Society

30 September 2025

Nationwide Building Society (Nationwide),Virgin Money UK PLC (Virgin Money) and Clydesdale Bank PLC (Clydesdale Bank) Board Changes

Nationwide Building Society announces that, further to the announcement made on 23 May 2025 regarding its intention to align the membership of the Virgin Money and Clydesdale Bank boards with that of Nationwide, the following board changes have been made with effect from 30 September 2025:

Resignations from the Virgin Money and Clydesdale Bank boards

· Tim Wade - Non-Executive Director, Senior Independent Director and Chair of the Audit Committee

· Lucinda Charles-Jones - Non-Executive Director and Chair of the Remuneration Committee

· Elena Novokreshchenova - Non-Executive Director

· Petra van Hoeken - Non-Executive Director and Chair of the Risk Committee

· Gergely Zaborszky - Executive Director and Chief Financial Officer

Appointments to the Virgin Money and Clydesdale Bank boards

· Kevin Parry - Non-Executive Director, Chairman and Chair of the Governance and Nomination Committee

· Tracey Graham - Senior Independent Director Chair of the Remuneration Committee

· Phil Rivett - Non-Executive Director and Chair of the Audit Committee

· Alan Keir - Non-Executive Director and Chair of the Risk Committee

· Albert Hitchcock - Non-Executive Director

· Debbie Klein - Non-Executive Director

· Tamara Rajah - Non-Executive Director

· Gillian Riley - Non-Executive Director

· Sally Orton - Non-Executive Director

· Anand Aithal - Non-Executive Director

· Debbie Crosbie - Executive Director

· Muir Mathieson - Executive Director and Chief Financial Officer

Appointment to the Nationwide Board

· Chris Rhodes - Executive Director

Chris Rhodes remains CEO of Virgin Money and continues on the Boards of Virgin Money and Clydesdale Bank. Tracey Graham also remains a Non-Executive Director of Virgin Money and Clydesdale Bank. David Bennett will continue as a Non-Executive Director of Nationwide, Virgin Money and Clydesdale Bank until 31 December 2025, after which he will retire from all roles.

Kevin Parry OBE, Chairman, said: "The Board changes signify an important step in the bringing together of the Nationwide and Virgin Money businesses enabling the streamlining of decision making and governance across the combined group. I should like to thank the retiring directors for their stewardship of the banks in the period of our ownership."

For further information, please contact:

About Nationwide Building Society

Nationwide is the world's largest building society as well as one of the largest savings and mortgages providers in the UK. It is also a major provider of current accounts, credit cards, ISAs and personal loans. Nationwide has around 16 million customers and members.

Customers can manage their finances in a branch, via the mobile app, on the telephone, internet and post. Nationwide has around 18,000 employees. Nationwide's head office is in Swindon with administration centres based in Northampton, Bournemouth and Dunfermline. Nationwide also has a number of call centres across the UK.