Company: BCS
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0000312069-25-000114
Chunk: 191

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 20-F
Chunk 191
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 or fines from the failure of the Group to meet its legal obligations, including regulatory or contractual requirements. &#8226; To monitor the Group&#8217;s legal risk profile, including considering potential material emerging legal risks. &#8226; The Committee received regular updates on the legal risks faced by the Group, including horizon scanning for key areas of emerging legal risk and Barclays&#8217; ability to manage these and other risk trends. Remuneration &#8226; To make a recommendation to the Board Remuneration Committee on the financial and operational risk factors to be taken into account in annual remuneration decisions. &#8226; The Committee considered the 2024 ex-ante risk adjustment methodology, including input from the Group Chief Risk Officer and the Group Chief Compliance Officer. Oversight of the Risk and Compliance functions &#8226; To safeguard the independence, and oversee the performance, of Barclays' Risk and Compliance functions. &#8226; To satisfy itself that the Barclays Compliance and Risk functions are adequately resourced and have appropriate access to information so as to be able to perform their functions effectively. &#8226; To review the Compliance function&#8217;s Annual Compliance Plan. &#8226; To oversee the Group&#8217;s compliance and risk culture. &#8226; The Committee considered assessments of the performance of the Risk and Compliance functions. &#8226; The Committee met privately with the Chief Risk Officer and Chief Compliance Officer on a regular basis. &#8226; The Committee approved the Annual Compliance Plan and monitored progress on key deliverables during the year. &#8226; The Committee received updates on the compliance and risk culture within the Group. Areas of focus Key role of Committee Conclusion / action taken Strategy Shareholder information Climate and sustainability report Risk review Financial review Financial statements Barclays PLC 2024 Annual Report on Form 20-F 100Governance Directors&#8217; report: Board Risk Committee report (continued)

Continuing to progress on our sustainability targets Committed to delivering our climate and sustainability strategy. Board Sustainability Committee Nigel Higgins Chair, Board Sustainability Committee Committee membership and meeting attendance during 20241 Member Meetings attended/eligible to attend Nigel Higgins 5/5 Robert Berry 5/5 Dawn Fitzpatrick 4/5 Mary Francis 5/5 Brian Gilvary 4/5 C.S. Venkatakrishnan 4/5 Julia Wilson 5/5 Note: 1 There were five scheduled meetings of the Committee in 2024. Owing to other/prior commitments, Dawn Fitz