THE UNITE GROUP PLC Annual Report and Accounts 2024 132 ANNUAL REPORT ON REMUNERATION continued subject to a mandatory two-year holding period; and 1,235 shares under the DBP (in relation to the 2022 annual bonus) which have been added to his nominee account to satisfy his post-exit shareholding requirement. Other than the above, there have been no payments in excess of the de minimis threshold to former Directors during the year ended 31 December 2024 in respect of their former roles as Directors. The Company has set a de minimis threshold of £5,000 under which it would not report such payments. EXIT PAYMENTS MADE IN THE YEAR (AUDITED) There have been no exit payments during the year ended 31 December 2024. PERCENTAGE CHANGE IN REMUNERATION OF DIRECTORS AND EMPLOYEES These tables are produced in accordance with the Companies (Directors’ Remuneration Policy and Directors’ Remuneration Report) Regulations 2019 and shows the change in remuneration of Unite Group Directors and employees over time. Executive Director remuneration includes base salary, taxable benefits and annual bonus (where eligible). Non-Executive Director remuneration includes base fee and any additional fees paid, and taxable benefits. Data is shown on a full-time equivalent basis and growth rates are based on a consistent set of employees, i.e. the same individuals appear in the 2024 and 2023 populations for the 2024 analysis and so on. Base salary/total fee Note 1 Taxable benefits Note 2 2024 2023 2022 2021 2020 2024 2023 2022 2021 2020 J Lister 40.6% 5.0% 7.0% 11.1% (6.9)% 0.3% 1.3% (2.4)% (1.3)% 3.4% M Burt n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a R Huntingford 7.5% 3.0% 28.0% 266.3% n/a (100)% n/a (100)% n/m n/a R Paterson 14.9% 3.0% 3.0% 11.1% (7.3)% n/m (100)% 1,190% (71.1)% 100% I Beato 18.2% 3.0% 3.0% 11.1% (7.3)% (100)% (11.1)% 1,400% n/m (100)% S Pearce 15.1% 3.0% 6.6% 29.7% (7.3)% n/m (100)% 1,400% (71.1)% 100.% T Jackson n/a n/a n/a n/a n/a n/a n/m (100)% n/m n/a S Smith 15.1% 3.0% 3.0% 17.0% n/a (100)% (62.6)% 2.0% n/m n/a N Dulieu 24.3% 24.0% n/a n/a n/a n/m n/m n/a n/a n/a A Jain 18.0% n/a n/a n/a n/a n/m n/a n/a n/a n/a All employees 11.4% 11.6% 3.6% 2.9% 4.4% 17.3% 6.1% 3.2% 2.3% 2.3% Annual bonus Note 3 2024 2023 2022 2021 2020 J Lister 71.2% 60.4% (47.5)% n/m (100)% M Burt n/a n/a n/a n/a n/a All employees 73.3% 87.7% (52.8)% 285.0% (67.8)% n/a – not applicable n/m – not meaningful 1. Changes in Directors and responsibilities during the 2023 and 2024 financial years which are relevant to the calculations above are as follows: 1.1. Joe Lister was promoted from CFO to CEO with effect from 1 January 2024 1.2. Mike Burt joined the Board with effect from 1 January 2024 1.3. Nicky Dulieu joined the Board with effect from 1 September 2022 and took on the roles of Senor Independent Director and Chair of the Remuneration Committee with effect from 1 March 2023 1.4. Angela Jain joined the Board with effect from 1 August 2023. 2. For Executive Directors, taxable benefits consist primarily of company car or car allowance and private health care insurance. For Non-Executive Directors, taxable benefits relate primarily to certain travel expenses and accommodation which, given the relatively small numbers involved, can produce sizeable % changes from year to year. 3. The figures shown are reflective of any bonus earned during the respective financial year. Non-Executive Directors are not eligible to participate in the annual bonus scheme and therefore no data is shown for them in the annual bonus table. GOVERNANCE