OVERVIEW OF REMUNERATION ACROSS THE GROUP GOVERNANCE EMPLOYEE ENGAGEMENT ON EXECUTIVE REMUNERATION Our Designated Non-Executive Director for Workforce Engagement and the Group People Director discuss the topic of remuneration with the Culture Matters employee forum, including the structure, role and remit of the Remuneration Committee; how pay policy supports strategy and values; and the alignment of pay practices for Executive Directors and employees. Previous feedback from the forum has led to HOW DIFFERENT ELEMENTS OF REMUNERATION CASCADE ACROSS THE GROUP Eligibility Element of pay Details Employees at all levels Salary Generally reviewed annually, taking into account Company and individual performance, experience and responsibilities. As an accredited Living Wage employer, all of Unite Group’s employees receive at least the voluntary Living Wage rate. Benefits All employees are eligible for the Company-funded Health Cash Plan and an enhanced sick pay scheme; free 24/7 access to our employee assistance programme which provides counselling and support to employees, including up to eight face-to-face sessions per issue per year. Life assurance cover is provided at 4x annual salary and employees can access a range of deals and discounts. We offer employees 25 days’ annual leave a year plus bank holidays and also operate a holiday purchase scheme to allow employees to purchase up to an extra week of annual leave each year. Employees can participate in our charity match, or give-as-you-earn schemes. Financial support is available through season ticket loans, student rental discounts and the Bike2Work Scheme, and employee service is recognised with long-service awards. Pension All employees can participate in the Unite Group Personal Pension scheme, with an alternative cash pension allowance available in certain circumstances. All employees are eligible to receive a Company contribution of up to 11% of salary, subject to their own contribution level. SAYE We encourage all employees to become shareholders in Unite Group by participating in the SAYE scheme, under which participants save monthly over three years with the option to acquire shares at a discount at the end of the savings period. Currently c.17% of eligible employees participate in the SAYE. Annual bonus – cash All employees are eligible to participate in the annual bonus scheme, with outcomes based on Company performance. Maximum opportunities, performance measures and weightings vary by grade; however, metrics are broadly similar across all levels to support delivery of our strategy. Executive Directors and other senior leaders Long-term incentive Executive Directors and other senior leaders may be invited to participate in the LTIP each year. Performance conditions are consistent for all participants, but award sizes vary. Heads of Department may be invited to participate in the Restricted Share Plan (RSP). This scheme is designed to support retention and to provide a clearer reward outcome for our senior leaders, with awards and the applicable deferral period being consistent for all. Executive Directors only Annual bonus –deferred Currently only Executive Directors are required to defer a proportion of their bonus into shares, which supports shareholder alignment. Shareholding guidelines While all employees are strongly encouraged to become shareholders to allow them to share in the success of the Group, currently only Executive Directors are subject to formal shareholding guidelines (both in-post and post-exit). THE UNITE GROUP PLC Annual Report and Accounts 2024 118 changes in how the Committee operates, for example, how health, safety and wellbeing are considered when confirming bonus outcomes. Nicky Dulieu attended the employee forum in August 2024 to present on the topic of Executive pay and share her broader experience of serving on remuneration committees. Feedback from the session suggested that members were particularly appreciative of understanding the pay positioning at Unite Group and how it aligns with our values. The Committee was appraised of the session at its November meeting.