Company: BCS
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0000312069-25-000114
Chunk: 287

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 20-F
Chunk 287
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 broad categories &#8211; Capital & liquidity, Control environment and Conduct &#8211; using a combination of quantitative and qualitative metrics. 6.8% Total 67.5% Final 2022-2024 LTIP vesting outcome approved by the Committee 67.5% Performance measure Weighting Threshold Maximum vesting Actual % of award vesting Notes: 1 Barclays Group average tangible shareholder&#8217;s equity based on an assumed CET1 ratio at the mid-point of the Group range, 13-14% (2024: &pound;50.5bn; 2023: &pound;46.5bn; 2022: &pound;47.7bn). 2 Material items consist of post-tax structural cost actions (2024: &pound;209m; 2023: &pound;739m taken in Q423; 2022: &pound;110m), post-tax provision of &pound;68m recognised in respect of the 2024 FCA motor finance review, 2022 customer remediation post-tax provision of &pound;228m relating to legacy loan portfolios, and 2022 re-measurement of UK deferred tax assets of &pound;346m. The litigation and conduct impacts from the Over-issuance of Securities and the devices settlements are not excluded. 3 Please refer to the "Non-IFRS performance measures" section of this Annual Report on Form 20-F for further information on and a reconciliation of the non-IFRS measure &#8220;return on tangible equity&#8221; against the most directly comparable IFRS measure. 4 Material items consist of certain structural cost actions (2024: &pound;273m; 2023: &pound;927m taken in Q423; 2022: &pound;151m), provision of &pound;90m recognised in respect of the 2024 FCA motor finance review, impact of the Bank of England levy scheme of &pound;93m in 2024 and corresponding benefit to 2024 income from closure of the Cash Ratio Deposit scheme (c.&pound;75m), and 2022 customer remediation provision of &pound;282m relating to legacy loan portfolios. The litigation and conduct impacts from the Over-issuance of Securities in 2022 and 2021 and the devices settlements in 2022 are not excluded.