Company: BCS
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0000312069-25-000114
Chunk: 238

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 20-F
Chunk 238
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; Annual bonus and LTIP measures reviewed each year to maintain alignment to strategic priorities and KPIs &#8226; Significant deferral into shares, to align with shareholder experience &#8226; Committee discretion, malus and clawback provisions apply to all elements of variable remuneration, to ensure outcomes do not reward poor performance Alignment to culture &#8211; incentive schemes should drive behaviours consistent with company Purpose, Values and strategy &#8226; The Committee reviews all policies and practices, including incentive schemes, ensuring alignment to the Group's Purpose, Values, Mindset and conduct expectations &#8226; A key aspect of remuneration philosophy is rewarding sustainable performance &#8226; Executive Directors' bonus and LTIP based on a balanced scorecard of financial and non- financial measures, with financial measures aligned to external financial targets and non- financial measures aligned to supporting Customers & clients, Colleagues, and to the Group's Sustainability ambitions &#8226; Commitment to pay fairness across the workforce &#8226; Executive Director remuneration outcomes considered in the context of outcomes across the wider workforce Strategy Shareholder information Climate and sustainability report Risk review Financial review Financial statements Barclays PLC 2024 Annual Report on Form 20-F 122Governance Remuneration report (continued)

Sustainability and remuneration Executive Directors The Committee reviews the Executive Directors' incentive measures each year to ensure they continue to support the delivery of our strategic priorities, including ESG priorities. The Executive Directors' annual bonus and LTIP have included sustainability-related measures over the recent years. The Committee aligns these measures each year with the Group's evolving sustainability ambitions, metrics and targets. As most of our sustainability-related measures and targets are longer term, including those relating to financing the transition and financed emissions, a larger weighting was placed on these measures in the 2024-2026 LTIP vs. the 2024 annual bonus. As described earlier, for this year's forward-looking incentives the Committee has shifted the climate / sustainability measures fully to the LTIP, as progress towards these targets is expected to be volatile and non-linear and is best assessed over a multi-year period. For the 2025-2027 LTIP the sustainability measures are included as part of a broader, renamed category of measures relating to Sustainability, customers & clients, weighted at 25%. The Sustainability measures will include financing the transition, reducing our financed emissions and achieving net zero operations, as well as supporting our communities. Additionally, 10% of the 2025 bonus will be determined