Secure Trust Bank Regulatory News (STB)

PRESS RELEASE

Secure Trust Bank PLC

LEI: 213800CXIBLC2TMIGI76

28 June 2021

For immediate release

SECURE TRUST BANK PLC

Appointment of Independent Non‐Executive Director and

Changes to Board and Committee Composition

Secure Trust Bank PLC ("STB" or the "Company") announces the appointment of Finlay Williamson as an independent Non‐Executive Director of the Company with effect from 30 June 2021. Finlay will also join the Risk Committee and Nomination Committee on the same date.

Finlay Williamson has many years of banking experience, gained initially at The Royal Bank of Scotland Group PLC (now NatWest Group plc) and then at Virgin Money Holdings (UK) plc where he was Chief Financial Officer prior to the IPO. Finlay was previously a Non-Executive Director at Paragon Banking Group PLC, chairing the Group and Bank Risk Committees and is currently the Chairman of the Audit Committee and Senior Independent Director of Hampden & Co PLC. He is a graduate of Edinburgh University and a qualified accountant.

The Financial Conduct Authority and the Prudential Regulation Authority (Regulators) have been informed of the appointment of Finlay Williamson.

Lord Forsyth, Chairman, said:

"Finlay brings substantial banking, financial, risk and governance experience acquired in his previous roles, as well as knowledge of the Challenger Bank market. He will complement the skills and experience of the existing directors and further strengthen the Board and Risk Committee. I am delighted to welcome Finlay to the Board and look forward to the contributions he will make"

The Company was assisted in the recruitment process by Ridgeway Partners who were appointed in January 2020 to support STB in identifying suitable executive director candidates and were reengaged for the process of recruiting an additional non-executive director. Ridgeway Partners were originally appointed following a competitive tender.

The Company confirms that there is no other information about Finlay Williamson requiring disclosure under paragraph 9.6.13 (1) to (6) of the Listing Rules of the UK Listing Authority.

‐ENDS-

Enquiries:

Secure Trust Bank PLC

Mark Stevens, Company Secretary

Tel: 0121 693 9100

About the Company:

Secure Trust Bank is an established, well‐funded and capitalised UK retail bank with a 69 year trading track record. Secure Trust Bank operates principally from its head office in Solihull, West Midlands, and had 1,003 employees (full‐ time equivalent) as at 31 December 2020. The Group's diversified lending portfolio currently focuses on two sectors:

(i) Business Finance through its Real Estate Finance, Asset Finance and Commercial Finance divisions,

(ii) Consumer Finance through its Motor Finance, Retail Finance, Debt Management and Consumer Mortgages divisions.

As at 31 December 2020 the Group's loans and advances to customers totalled £2,358.9 million, customer deposits totalled £1,992.5 million and the Group's total customer base was well over 1.5 million.

Secure Trust Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

Secure Trust Bank, PLC, One Arleston Way, Solihull, B90 4LH.