# EDGAR Filing Document

**Accession Number:** 0000844150
**File Stem:** 0001654954-23-001058
**Filing Date:** 2023-1
**Character Count:** 28887
**Document Hash:** 562b823d0eafe32e0b21b24bb5e0ba7d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001654954-23-001058.hdr.sgml**: 20230131

**ACCESSION NUMBER**: 0001654954-23-001058

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230131

**DATE AS OF CHANGE**: 20230131

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NatWest Group plc
- **CENTRAL INDEX KEY:** 0000844150
- **STANDARD INDUSTRIAL CLASSIFICATION:** COMMERCIAL BANKS, NEC [6029]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** X0
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-10306
- **FILM NUMBER:** 23570803

**BUSINESS ADDRESS:**
- **STREET 1:** GOGARBURN
- **STREET 2:** PO BOX 1000
- **CITY:** EDINBURGH, SCOTLAND
- **STATE:** X0
- **ZIP:** EH12 1HQ
- **BUSINESS PHONE:** 441315568555

**MAIL ADDRESS:**
- **STREET 1:** GOGARBURN
- **STREET 2:** PO BOX 1000
- **CITY:** EDINBURGH, SCOTLAND
- **STATE:** X0
- **ZIP:** EH12 1HQ

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ROYAL BANK OF SCOTLAND GROUP PLC
- **DATE OF NAME CHANGE:** 19950712

**FORM 6-K**

 **SECURITIES AND EXCHANGE COMMISSION**

 **Washington D.C. 20549**

 **Report of Foreign Private Issuer**

 **Pursuant to Rule 13a-16 or 15d-16s**

 **of the Securities Exchange Act of 1934**

For the month of January 2023

Commission File Number: 001-10306

NatWest Group plc

RBS, Gogarburn, PO Box 1000

Edinburgh EH12 1HQ

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F <u>X</u> Form 40-F ___

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):_________

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):_________

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ___ No <u>X</u>

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ________

The following information was issued as Company announcements in London, England and is furnished pursuant to General Instruction B to the General Instructions to Form 6-K:<br>

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| | |
|:---|:---|
| Exhibit No. 1 | TR1 - Notification of Major Holdings dated 17 January 2023 |
| Exhibit No. 2 | Total Voting Rights and Capital dated 31 January 2023<br>|

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Exhibit No. 1

**TR-1: Standard form for notification of major holdings**

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| | | | |
|:---|:---|:---|:---|
| **NOTIFICATION OF MAJOR HOLDINGS** (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)<sup>i</sup> | **NOTIFICATION OF MAJOR HOLDINGS** (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)<sup>i</sup> | **NOTIFICATION OF MAJOR HOLDINGS** (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)<sup>i</sup> | **NOTIFICATION OF MAJOR HOLDINGS** (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)<sup>i</sup> |
| **1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached**<sup>ii</sup>**:** | **1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached**<sup>ii</sup>**:** | NatWest Group plc | NatWest Group plc |
| **1b. Please indicate if the issuer is a non-UK issuer** (please mark with an "X" if appropriate) | **1b. Please indicate if the issuer is a non-UK issuer** (please mark with an "X" if appropriate) | **1b. Please indicate if the issuer is a non-UK issuer** (please mark with an "X" if appropriate) | **1b. Please indicate if the issuer is a non-UK issuer** (please mark with an "X" if appropriate) |
| Non-UK issuer | Non-UK issuer | Non-UK issuer | Non-UK issuer |
| **2. Reason for the notification** (please mark the appropriate box or boxes with an "X") | **2. Reason for the notification** (please mark the appropriate box or boxes with an "X") | **2. Reason for the notification** (please mark the appropriate box or boxes with an "X") | **2. Reason for the notification** (please mark the appropriate box or boxes with an "X") |
| An acquisition or disposal of voting rights | An acquisition or disposal of voting rights | An acquisition or disposal of voting rights | An acquisition or disposal of voting rights |
| An acquisition or disposal of financial instruments | An acquisition or disposal of financial instruments | An acquisition or disposal of financial instruments | An acquisition or disposal of financial instruments |
| An event changing the breakdown of voting rights | An event changing the breakdown of voting rights | An event changing the breakdown of voting rights | An event changing the breakdown of voting rights |
| Other (please specify)<sup>iii</sup>: | Other (please specify)<sup>iii</sup>: | Other (please specify)<sup>iii</sup>: | Other (please specify)<sup>iii</sup>: |
| **3. Details of person subject to the notification obligation**<sup>iv</sup> | **3. Details of person subject to the notification obligation**<sup>iv</sup> | **3. Details of person subject to the notification obligation**<sup>iv</sup> | **3. Details of person subject to the notification obligation**<sup>iv</sup> |
| Name | Name | The Commissioners of His Majesty's Treasury | The Commissioners of His Majesty's Treasury |
| City and country of registered office (if applicable) | City and country of registered office (if applicable) | London, England | London, England |
| **4. Full name of shareholder(s)** (if different from 3.)<sup>v</sup> | **4. Full name of shareholder(s)** (if different from 3.)<sup>v</sup> | **4. Full name of shareholder(s)** (if different from 3.)<sup>v</sup> | **4. Full name of shareholder(s)** (if different from 3.)<sup>v</sup> |
| Name | Name | The Solicitor for the Affairs of His Majesty's Treasury | The Solicitor for the Affairs of His Majesty's Treasury |
| City and country of registered office (if applicable) | City and country of registered office (if applicable) | London, England | London, England |
| **5. Date on which the threshold was crossed or reached**<sup>vi</sup>**:** | **5. Date on which the threshold was crossed or reached**<sup>vi</sup>**:** | 16 January 2023 | 16 January 2023 |
| **6. Date on which issuer notified (DD/MM/YYYY):** | **6. Date on which issuer notified (DD/MM/YYYY):** | 16 January 2023 | 16 January 2023 |
| **7. Total positions of person(s) subject to the notification obligation** | **7. Total positions of person(s) subject to the notification obligation** | **7. Total positions of person(s) subject to the notification obligation** | **7. Total positions of person(s) subject to the notification obligation** |
|  | % of voting rights attached to shares (total of 8. A) | Total of both in % (8.A + 8.B) | Total number of voting rights of issuer<sup>vii</sup> |
| Resulting situation on the date on which threshold was crossed or reached | 44.98% | 44.98% | 38689983916 |
| Position of previous notification (if<br> applicable) | 45.97% | 45.97% |  |

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **8. Notified details of the resulting situation on the date on which the threshold was crossed or reached**<sup>viii</sup> | **8. Notified details of the resulting situation on the date on which the threshold was crossed or reached**<sup>viii</sup> | **8. Notified details of the resulting situation on the date on which the threshold was crossed or reached**<sup>viii</sup> | **8. Notified details of the resulting situation on the date on which the threshold was crossed or reached**<sup>viii</sup> | **8. Notified details of the resulting situation on the date on which the threshold was crossed or reached**<sup>viii</sup> | **8. Notified details of the resulting situation on the date on which the threshold was crossed or reached**<sup>viii</sup> | **8. Notified details of the resulting situation on the date on which the threshold was crossed or reached**<sup>viii</sup> | **8. Notified details of the resulting situation on the date on which the threshold was crossed or reached**<sup>viii</sup> |
| **A: Voting rights attached to shares** | **A: Voting rights attached to shares** | **A: Voting rights attached to shares** | **A: Voting rights attached to shares** | **A: Voting rights attached to shares** | **A: Voting rights attached to shares** | **A: Voting rights attached to shares** | **A: Voting rights attached to shares** |
| **Class/type ofshares**<br> ISIN code (if possible) | **Class/type ofshares**<br> ISIN code (if possible) | **Number of voting rights**<sup>ix</sup> | **Number of voting rights**<sup>ix</sup> | **Number of voting rights**<sup>ix</sup> | **% of voting rights** | **% of voting rights** | **% of voting rights** |
| **Class/type ofshares**<br> ISIN code (if possible) | **Class/type ofshares**<br> ISIN code (if possible) | **Direct**<br> (Art 9 of Directive 2004/109/EC) (DTR5.1) | **Indirect**<br> (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | **Indirect**<br> (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | **Direct**<br> (Art 9 of Directive 2004/109/EC) (DTR5.1) | **Direct**<br> (Art 9 of Directive 2004/109/EC) (DTR5.1) | **Indirect**<br> (Art 10 of Directive 2004/109/EC) (DTR5.2.1) |
| Ordinary Shares of £1.0769 each GB00BM8PJY71 | Ordinary Shares of £1.0769 each GB00BM8PJY71 | 17404249716 |  |  | 44.98% | 44.98% |  |
| **SUBTOTAL 8. A** | **SUBTOTAL 8. A** | 17404249716 | 17404249716 | 17404249716 | 44.98% | 44.98% | 44.98% |
| **B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))** | **B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))** | **B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))** | **B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))** | **B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))** | **B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))** | **B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))** | **B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))** |
| **Type of financial instrument** | **Type of financial instrument** | **Exercise/Conversion Period**<sup>xi</sup> | **Exercise/Conversion Period**<sup>xi</sup> | **Exercise/Conversion Period**<sup>xi</sup> | **Number of voting rights that may be acquired if the instrument is**<br> **exercised/converted.** | **Number of voting rights that may be acquired if the instrument is**<br> **exercised/converted.** | **% of voting rights** |
|  |  | **SUBTOTAL 8. B 1** | **SUBTOTAL 8. B 1** | **SUBTOTAL 8. B 1** |  |  |  |
| **B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))** | **B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))** | **B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))** | **B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))** | **B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))** | **B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))** | **B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))** | **B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))** |
| **Expirationdate**<sup>x</sup> | **Expirationdate**<sup>x</sup> | **Exercise/Conversion Period** <sup>xi</sup> | **Exercise/Conversion Period** <sup>xi</sup> | **Physical or cash**<br> **settlement**<sup>xii</sup> | **Physical or cash**<br> **settlement**<sup>xii</sup> | **Number of voting rights** | **% of voting rights** |
|  |  |  |  | **SUBTOTAL 8.B.2** | **SUBTOTAL 8.B.2** |  |  |
| **9. Information in relation to the person subject to the notification obligation** (please mark the applicable box with an "X") | **9. Information in relation to the person subject to the notification obligation** (please mark the applicable box with an "X") | **9. Information in relation to the person subject to the notification obligation** (please mark the applicable box with an "X") | **9. Information in relation to the person subject to the notification obligation** (please mark the applicable box with an "X") | **9. Information in relation to the person subject to the notification obligation** (please mark the applicable box with an "X") | **9. Information in relation to the person subject to the notification obligation** (please mark the applicable box with an "X") | **9. Information in relation to the person subject to the notification obligation** (please mark the applicable box with an "X") | **9. Information in relation to the person subject to the notification obligation** (please mark the applicable box with an "X") |
| Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer<sup>xiii</sup> | Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer<sup>xiii</sup> | Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer<sup>xiii</sup> | Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer<sup>xiii</sup> | Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer<sup>xiii</sup> | Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer<sup>xiii</sup> | Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer<sup>xiii</sup> | Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer<sup>xiii</sup> |
| Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entity<sup>xiv</sup> (please add additional rows as necessary) | Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entity<sup>xiv</sup> (please add additional rows as necessary) | Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entity<sup>xiv</sup> (please add additional rows as necessary) | Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entity<sup>xiv</sup> (please add additional rows as necessary) | Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entity<sup>xiv</sup> (please add additional rows as necessary) | Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entity<sup>xiv</sup> (please add additional rows as necessary) | Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entity<sup>xiv</sup> (please add additional rows as necessary) | Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entity<sup>xiv</sup> (please add additional rows as necessary)<br> x |
| **Name**<sup>xv</sup> | **% of voting rights if it equals or is higher than the notifiable threshold** | **% of voting rights if it equals or is higher than the notifiable threshold** | **% of voting rights through financial instruments if it equals or is higher than the notifiable threshold** | **% of voting rights through financial instruments if it equals or is higher than the notifiable threshold** | **% of voting rights through financial instruments if it equals or is higher than the notifiable threshold** | **Total of both if it equals or is higher than the notifiable threshold** | **Total of both if it equals or is higher than the notifiable threshold** |
| UK Government Investments Limited, a company wholly-owned by His Majesty's Treasury, is entitled to exercise control over the voting rights which are the subject of this notification (pursuant to certain management arrangements agreed with His Majesty's Treasury).<br>The Solicitor for the Affairs of His Majesty's Treasury is acting as nominee for The Commissioners of His Majesty's Treasury. | UK Government Investments Limited, a company wholly-owned by His Majesty's Treasury, is entitled to exercise control over the voting rights which are the subject of this notification (pursuant to certain management arrangements agreed with His Majesty's Treasury).<br>The Solicitor for the Affairs of His Majesty's Treasury is acting as nominee for The Commissioners of His Majesty's Treasury. | UK Government Investments Limited, a company wholly-owned by His Majesty's Treasury, is entitled to exercise control over the voting rights which are the subject of this notification (pursuant to certain management arrangements agreed with His Majesty's Treasury).<br>The Solicitor for the Affairs of His Majesty's Treasury is acting as nominee for The Commissioners of His Majesty's Treasury. | UK Government Investments Limited, a company wholly-owned by His Majesty's Treasury, is entitled to exercise control over the voting rights which are the subject of this notification (pursuant to certain management arrangements agreed with His Majesty's Treasury).<br>The Solicitor for the Affairs of His Majesty's Treasury is acting as nominee for The Commissioners of His Majesty's Treasury. | UK Government Investments Limited, a company wholly-owned by His Majesty's Treasury, is entitled to exercise control over the voting rights which are the subject of this notification (pursuant to certain management arrangements agreed with His Majesty's Treasury).<br>The Solicitor for the Affairs of His Majesty's Treasury is acting as nominee for The Commissioners of His Majesty's Treasury. | UK Government Investments Limited, a company wholly-owned by His Majesty's Treasury, is entitled to exercise control over the voting rights which are the subject of this notification (pursuant to certain management arrangements agreed with His Majesty's Treasury).<br>The Solicitor for the Affairs of His Majesty's Treasury is acting as nominee for The Commissioners of His Majesty's Treasury. | UK Government Investments Limited, a company wholly-owned by His Majesty's Treasury, is entitled to exercise control over the voting rights which are the subject of this notification (pursuant to certain management arrangements agreed with His Majesty's Treasury).<br>The Solicitor for the Affairs of His Majesty's Treasury is acting as nominee for The Commissioners of His Majesty's Treasury. | UK Government Investments Limited, a company wholly-owned by His Majesty's Treasury, is entitled to exercise control over the voting rights which are the subject of this notification (pursuant to certain management arrangements agreed with His Majesty's Treasury).<br>The Solicitor for the Affairs of His Majesty's Treasury is acting as nominee for The Commissioners of His Majesty's Treasury. |
| The Commissioners of His Majesty's Treasury | 44.98% | 44.98% |  |  |  | 44.98% | 44.98% |
| **10. In case of proxy voting, please identify:** | **10. In case of proxy voting, please identify:** | **10. In case of proxy voting, please identify:** | **10. In case of proxy voting, please identify:** | **10. In case of proxy voting, please identify:** | **10. In case of proxy voting, please identify:** | **10. In case of proxy voting, please identify:** | **10. In case of proxy voting, please identify:** |
| Name of the proxy holder | Name of the proxy holder | Name of the proxy holder | Name of the proxy holder |  |  |  |  |
| The number and % of voting rights held | The number and % of voting rights held | The number and % of voting rights held | The number and % of voting rights held |  |  |  |  |
| The date until which the voting rights will be held | The date until which the voting rights will be held | The date until which the voting rights will be held | The date until which the voting rights will be held |  |  |  |  |
| **11. Additional information**<sup>xvi</sup> | **11. Additional information**<sup>xvi</sup> | **11. Additional information**<sup>xvi</sup> | **11. Additional information**<sup>xvi</sup> | **11. Additional information**<sup>xvi</sup> | **11. Additional information**<sup>xvi</sup> | **11. Additional information**<sup>xvi</sup> | **11. Additional information**<sup>xvi</sup> |
| The Solicitor for the Affairs of His Majesty's Treasury is acting as nominee for The Commissioners of His Majesty's Treasury (HMT).<br>The percentage of voting rights held by HMT in NatWest Group plc (NWG), as shown on this form (44.98%), has been calculated following the disposal by HMT of 92,048,092 ordinary shares in NWG since its last TR-1 notification on 21 December 2022, under HMT's trading plan announced on 22 July 2021 and extended on 22 June 2022. | The Solicitor for the Affairs of His Majesty's Treasury is acting as nominee for The Commissioners of His Majesty's Treasury (HMT).<br>The percentage of voting rights held by HMT in NatWest Group plc (NWG), as shown on this form (44.98%), has been calculated following the disposal by HMT of 92,048,092 ordinary shares in NWG since its last TR-1 notification on 21 December 2022, under HMT's trading plan announced on 22 July 2021 and extended on 22 June 2022. | The Solicitor for the Affairs of His Majesty's Treasury is acting as nominee for The Commissioners of His Majesty's Treasury (HMT).<br>The percentage of voting rights held by HMT in NatWest Group plc (NWG), as shown on this form (44.98%), has been calculated following the disposal by HMT of 92,048,092 ordinary shares in NWG since its last TR-1 notification on 21 December 2022, under HMT's trading plan announced on 22 July 2021 and extended on 22 June 2022. | The Solicitor for the Affairs of His Majesty's Treasury is acting as nominee for The Commissioners of His Majesty's Treasury (HMT).<br>The percentage of voting rights held by HMT in NatWest Group plc (NWG), as shown on this form (44.98%), has been calculated following the disposal by HMT of 92,048,092 ordinary shares in NWG since its last TR-1 notification on 21 December 2022, under HMT's trading plan announced on 22 July 2021 and extended on 22 June 2022. | The Solicitor for the Affairs of His Majesty's Treasury is acting as nominee for The Commissioners of His Majesty's Treasury (HMT).<br>The percentage of voting rights held by HMT in NatWest Group plc (NWG), as shown on this form (44.98%), has been calculated following the disposal by HMT of 92,048,092 ordinary shares in NWG since its last TR-1 notification on 21 December 2022, under HMT's trading plan announced on 22 July 2021 and extended on 22 June 2022. | The Solicitor for the Affairs of His Majesty's Treasury is acting as nominee for The Commissioners of His Majesty's Treasury (HMT).<br>The percentage of voting rights held by HMT in NatWest Group plc (NWG), as shown on this form (44.98%), has been calculated following the disposal by HMT of 92,048,092 ordinary shares in NWG since its last TR-1 notification on 21 December 2022, under HMT's trading plan announced on 22 July 2021 and extended on 22 June 2022. | The Solicitor for the Affairs of His Majesty's Treasury is acting as nominee for The Commissioners of His Majesty's Treasury (HMT).<br>The percentage of voting rights held by HMT in NatWest Group plc (NWG), as shown on this form (44.98%), has been calculated following the disposal by HMT of 92,048,092 ordinary shares in NWG since its last TR-1 notification on 21 December 2022, under HMT's trading plan announced on 22 July 2021 and extended on 22 June 2022. | The Solicitor for the Affairs of His Majesty's Treasury is acting as nominee for The Commissioners of His Majesty's Treasury (HMT).<br>The percentage of voting rights held by HMT in NatWest Group plc (NWG), as shown on this form (44.98%), has been calculated following the disposal by HMT of 92,048,092 ordinary shares in NWG since its last TR-1 notification on 21 December 2022, under HMT's trading plan announced on 22 July 2021 and extended on 22 June 2022. |

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| | |
|:---|:---|
| **Place of completion** | London, England |
| **Date of completion** | 16 January 2023 |

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Legal Entity Identifier: 2138005O9XJIJN4JPN90

Exhibit No. 2

NatWest Group plc Total Voting Rights and Capital<br>

In conformity with the Disclosure Guidance and Transparency Rules, NatWest Group plc ("NWG") hereby notifies the following in respect of its issued share capital with voting rights as at 31 January 2023.

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| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp; Share Class and nominal value | &nbsp;&nbsp;&nbsp; Number of Shares issued | &nbsp;&nbsp;&nbsp; Voting rights per share | &nbsp;&nbsp;&nbsp; Total Voting rights - |
| &nbsp;&nbsp;&nbsp; Share Class and nominal value | &nbsp;&nbsp;&nbsp; Number of Shares issued | &nbsp;&nbsp;&nbsp; Voting rights per share | &nbsp;&nbsp;&nbsp; 31 January 2023 |
| &nbsp;&nbsp;&nbsp; Ordinary Shares of £1.0769\* (excluding ordinary shares held in treasury) | &nbsp;&nbsp;&nbsp; 9674434162 | &nbsp;&nbsp;&nbsp; <br>4 | &nbsp;&nbsp;&nbsp; 38697736648 |
| &nbsp;&nbsp;&nbsp; Ordinary Shares of £1.0769\* held in treasury | &nbsp;&nbsp;&nbsp; 111589761 | &nbsp;&nbsp;&nbsp; 4 | &nbsp;&nbsp;&nbsp; Voting rights not exercisable |
| &nbsp;&nbsp;&nbsp; 11% Cumulative Preference Shares of £1 | &nbsp;&nbsp;&nbsp; 240686 | &nbsp;&nbsp;&nbsp; 4 | &nbsp;&nbsp;&nbsp; 962744 |
| &nbsp;&nbsp;&nbsp; 5.5% Cumulative Preference Shares of £1 | &nbsp;&nbsp;&nbsp; 242454 | &nbsp;&nbsp;&nbsp; 4 | &nbsp;&nbsp;&nbsp; 969816 |
| &nbsp;&nbsp;&nbsp; **Total:** | &nbsp;&nbsp;&nbsp; 9786507063 |  | &nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 38699669208 |

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\* **Note:** the nominal value of Ordinary Shares without rounding is £1.076923076923077 per share

Shareholders may use the above figure of 38,699,669,208 for their calculations to determine whether they are required to notify their interest in, or a change to their interest in NWG under the FCA's Disclosure Guidance and Transparency Rules.

Legal Entity Identifier: 2138005O9XJIJN4JPN90

Date: 31 January 2023

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| |
|:---|
| NATWEST GROUP plc (Registrant) |
| By: /s/ Jan Cargill |
| Name: Jan Cargill |
| Title: Chief Governance Officer and Company Secretary |

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