# EDGAR Filing Document

**Accession Number:** 0000844150
**File Stem:** 0001654954-23-004079
**Filing Date:** 2023-3
**Character Count:** 41898
**Document Hash:** e48da74cadfbd684ba5b8331e58ea465
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001654954-23-004079.hdr.sgml**: 20230331

**ACCESSION NUMBER**: 0001654954-23-004079

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230331

**FILED AS OF DATE**: 20230331

**DATE AS OF CHANGE**: 20230331

**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:** 23786536

**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-16**

 **of the Securities Exchange Act of 1934**

For the month of March 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:

 Q3 2016<br> Interim Management Statement<br>

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| | |
|:---|:---|
| Exhibit No. 1 | TR-1: Notice of Major Holdings dated 02 March 2023 |
| Exhibit No. 2 | Director/PDMR Shareholding dated 09 March 2023 |
| Exhibit No. 3<br> Exhibit No. 4<br> Exhibit No. 5<br> Exhibit No. 6<br> Exhibit No. 7<br> Exhibit No. 8<br>| Publication of Final Terms dated 10 March 2023<br> NWG –Morgan Stanley European Financials Conference dated 13 March 2023<br> Director/PDMR Shareholding dated 23 March 2023<br> NatWest Group plc – Climate Investor Spotlight dated 30 March 2023<br> Director/PDMR Shareholding dated 31 March 2023<br> Total Voting Rights and Capital dated 31 March 2023 |

---

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>**:** | 1 March 2023 | 1 March 2023 |
| **6. Date on which issuer notified (DD/MM/YYYY):** | **6. Date on which issuer notified (DD/MM/YYYY):** | 1 March 2023 | 1 March 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 | 41.84% | 41.84% | 38661692740 |
| Position of previous notification (if<br> applicable) | 42.95% | 42.95% |  |

---

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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> | **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** | **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> | **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) | **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) | **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 | 16174449320 | 16174449320 |  |  |  | 41.84% | 41.84% |  |
| **SUBTOTAL 8. A** | **SUBTOTAL 8. A** | 16174449320 | 16174449320 | 16174449320 | 16174449320 | 16174449320 | 41.84% | 41.84% | 41.84% |
| **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))** | **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** | **Expirationdate**<sup>x</sup> | **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.** | **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))** | **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))** |
| **Type of financial instrument** | **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> | **Physical or cash**<br> **settlement**<sup>xii</sup> | **Number of voting rights** | **% of voting rights** |
|  |  |  |  |  | **SUBTOTAL 8.B.2** | **SUBTOTAL 8.B.2** | **SUBTOTAL 8.B.2** |  |  |

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| | | | |
|:---|:---|:---|:---|
| **9. Information in relation to the person subject to the notification obligation** (please mark the<br> applicable box with an "X") | **9. Information in relation to the person subject to the notification obligation** (please mark the<br> applicable box with an "X") | **9. Information in relation to the person subject to the notification obligation** (please mark the<br> applicable box with an "X") | **9. Information in relation to the person subject to the notification obligation** (please mark the<br> 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> |  |
| 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) | x |
| **Name**<sup>xv</sup> | **% 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** | **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. |
| The Commissioners of His Majesty's Treasury | 41.84% |  | 41.84% |
| **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 |  |  |
| 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 |  |  |
| **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 (41.84%), has been calculated following the disposal by HMT of 111,427,033 ordinary shares in NWG since its last TR-1 notification on 22 February 2023.<br>This calculation does not take into account any shares repurchased by NWG under its share buyback programme since the last Total Voting Rights announcement on 28 February 2023. The percentage of voting rights held by HMT could move up or down going forward depending on the number of shares repurchased by NWG and the progress of sales 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 (41.84%), has been calculated following the disposal by HMT of 111,427,033 ordinary shares in NWG since its last TR-1 notification on 22 February 2023.<br>This calculation does not take into account any shares repurchased by NWG under its share buyback programme since the last Total Voting Rights announcement on 28 February 2023. The percentage of voting rights held by HMT could move up or down going forward depending on the number of shares repurchased by NWG and the progress of sales 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 (41.84%), has been calculated following the disposal by HMT of 111,427,033 ordinary shares in NWG since its last TR-1 notification on 22 February 2023.<br>This calculation does not take into account any shares repurchased by NWG under its share buyback programme since the last Total Voting Rights announcement on 28 February 2023. The percentage of voting rights held by HMT could move up or down going forward depending on the number of shares repurchased by NWG and the progress of sales 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 (41.84%), has been calculated following the disposal by HMT of 111,427,033 ordinary shares in NWG since its last TR-1 notification on 22 February 2023.<br>This calculation does not take into account any shares repurchased by NWG under its share buyback programme since the last Total Voting Rights announcement on 28 February 2023. The percentage of voting rights held by HMT could move up or down going forward depending on the number of shares repurchased by NWG and the progress of sales 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** | 1 March 2023 |

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Legal Entity Identifier: 2138005O9XJIJN4JPN90

Exhibit No. 2

 **9 March 2023**

 **NatWest Group plc**

 **INITIAL NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY (PDMRs) IN ACCORDANCE WITH ARTICLE 19 OF THE MARKET ABUSE REGULATION**

1. NatWest Group plc (the Company) announces that conditional restricted share plan awards (RSP) and deferred awards (Deferred Awards) over ordinary shares of £1.0769\* each in the Company (Shares) (ISIN: GB00BM8PJY71) have been granted on 7 March 2023 under the NatWest Group plc 2014 Employee Share Plan (the Plan) to the PDMRs set out below:-

\* **Note:** the nominal value of ordinary shares without rounding is £1.076923076923077 per share

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| | | | |
|:---|:---|:---|:---|
| **Name of PDMR** | **Position of PDMR** | **Award** | **Maximum no. of**<br> **Shares eligible to vest**<br>|
| Robert Begbie | CEO, NatWest Markets | Deferred Award<sup>1</sup> | 164524 |
| Peter Flavel | CEO, Wealth Businesses | RSP | 331606 |
| Peter Flavel | CEO, Wealth Businesses | Deferred Award<sup>2</sup> | 52858 |
| Bruce Fletcher | Group Chief Risk Officer | RSP | 455679 |
| Bruce Fletcher | Group Chief Risk Officer | Deferred Award<sup>2</sup> | 38447 |
| Oliver Holbourn | CEO, RBS International | Deferred Award³ | 97200 |
| David Lindberg | CEO, Retail Banking | RSP | 442077 |
| David Lindberg | CEO, Retail Banking | Deferred Award<sup>2</sup> | 85642 |
| Scott Marcar | Group Chief Information Officer | Deferred Award<sup>1</sup> | 395716 |
| Andrew McLaughlin | CEO, Commercial & Institutional (non-ring-fenced bank) | Deferred Award<sup>1</sup> | 90327 |
| Katie Murray | Group Chief Financial Officer | RSP | 431451 |
| Katie Murray | Group Chief Financial Officer | Deferred Award<sup>2</sup> | 73596 |
| Alison Rose | Group Chief Executive Officer | RSP | 632794 |
| Alison Rose | Group Chief Executive Officer | Deferred Award<sup>2</sup> | 113820 |
| John-Paul Thwaite | CEO, Commercial & Institutional (ring-fenced bank) | RSP | 425074 |
| John-Paul Thwaite | CEO, Commercial & Institutional (ring-fenced bank) | Deferred Award<sup>2</sup> | 63764 |
| Jen Tippin | Chief People & Transformation Officer | RSP | 561098 |
| Jen Tippin | Chief People & Transformation Officer | Deferred Award<sup>2</sup> | 101720 |
| The prices per Share used on the grant of the above awards were Deferred Awards<sup>1</sup>£2.3249, Deferred Awards<sup>2</sup> £2.8249, Deferred Awards³ £2.5463 and RSP £2.2055. The prices are discounted to reflect the absence of dividend equivalents during the vesting period. | The prices per Share used on the grant of the above awards were Deferred Awards<sup>1</sup>£2.3249, Deferred Awards<sup>2</sup> £2.8249, Deferred Awards³ £2.5463 and RSP £2.2055. The prices are discounted to reflect the absence of dividend equivalents during the vesting period. | The prices per Share used on the grant of the above awards were Deferred Awards<sup>1</sup>£2.3249, Deferred Awards<sup>2</sup> £2.8249, Deferred Awards³ £2.5463 and RSP £2.2055. The prices are discounted to reflect the absence of dividend equivalents during the vesting period. | The prices per Share used on the grant of the above awards were Deferred Awards<sup>1</sup>£2.3249, Deferred Awards<sup>2</sup> £2.8249, Deferred Awards³ £2.5463 and RSP £2.2055. The prices are discounted to reflect the absence of dividend equivalents during the vesting period. |

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A pre-vest performance assessment will take place for the RSP at the end of three years. Subject to this, RSP will be eligible to vest between 2026 and 2030, Deferred Awards are eligible to vest between 2023 and 2030.

Malus provisions will apply to each award up until vesting and clawback provisions will apply for a period of seven years from the date of grant. Such period can be extended to ten years in certain circumstances. Vested Shares retained after payment of associated tax liabilities will be subject to a twelve-month retention period.

&nbsp;&nbsp;&nbsp;&nbsp; 2. The Company announces that long term incentive awards (LTI), Deferred Awards and Buy-out Awards over Shares vested on 7 March 2023 to the PDMRs set out below. The awards were granted under the Plan between March 2017 and November 2022. The number of Shares withheld to meet associated tax liabilities arising on vesting and the number of vested Shares retained by each PDMR is set out below:-

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Name of PDMR** | **Position of PDMR** | **Award** | **No. of Shares vested** | **No. of Shares withheld to satisfy associated tax liability**<br>| **No. of vested Shares retained** |
| <br> Robert Begbie | <br> CEO, NatWest Markets | <br> Deferred Award<br>| 86052 | 41369 | 44683 |
| <br> Peter Flavel | <br> CEO, Wealth Businesses | <br> LTI<br>| 7457 | 3511 | 3946 |
| <br> Peter Flavel | <br> CEO, Wealth Businesses | <br> Deferred Award<br>| 94260 | 44370 | 49890 |
| <br> Bruce Fletcher<sup>1</sup> | <br> Group Chief Risk Officer | <br> LTI | 99924 | 47035 | 52889 |
| <br> Bruce Fletcher<sup>1</sup> | <br> Group Chief Risk Officer | <br> Deferred Award<br>| 54608 | 25705 | 28903 |
| <br> Bruce Fletcher<sup>1</sup> | <br> Group Chief Risk Officer | <br> Buy-out Award<br>| 17942 | 8446 | 9496 |
| Oliver Holbourn<sup>2</sup> | CEO, RBS International | <br>Deferred Award<br>| 56338 | 17833 | 38505 |
| Scott Marcar<sup>1</sup> | Group Chief Information Officer | <br>Buy-out Award<br>| 288951 | 136012 | 152939 |
| <br> Andrew McLaughlin<sup>2</sup> | <br> CEO, Commercial & Institutional (non-ring-fenced bank) | <br> LTI<br>| 89344 | 9610 | 79734 |
| <br> Andrew McLaughlin<sup>2</sup> | <br> CEO, Commercial & Institutional (non-ring-fenced bank) | <br> Deferred Award<br>| 58717 | 4242 | 54475 |
| <br> Katie Murray | <br> Group Chief Financial Officer | <br> LTI<br>| 129313 | 60869 | 68444 |
| <br> Katie Murray | <br> Group Chief Financial Officer | <br> Deferred Award<br>| 68585 | 32284 | 36301 |
| <br> Alison Rose | <br> Group Chief Executive Officer<br>| <br> LTI | 431715 | 203212 | 228503 |
| <br> John-Paul Thwaite | CEO, Commercial & Institutional (ring-fenced bank) | <br> Deferred Award<br>| 67051 | 31563 | 35488 |
| <br> Jen Tippin<sup>1</sup> | <br> Chief People & Transformation Officer<br>| <br> Buy-out Award | 159981 | 75305 | 84676 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1. Vested Shares retained after payment of associated tax liabilities will be subject to retention periods which mirror the retention periods applicable to the PDMR's awards granted by their previous employer.<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2. The PDMR is or has been an Internationally Mobile Employee and tax withholding has been applied accordingly. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1. Vested Shares retained after payment of associated tax liabilities will be subject to retention periods which mirror the retention periods applicable to the PDMR's awards granted by their previous employer.<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2. The PDMR is or has been an Internationally Mobile Employee and tax withholding has been applied accordingly. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1. Vested Shares retained after payment of associated tax liabilities will be subject to retention periods which mirror the retention periods applicable to the PDMR's awards granted by their previous employer.<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2. The PDMR is or has been an Internationally Mobile Employee and tax withholding has been applied accordingly. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1. Vested Shares retained after payment of associated tax liabilities will be subject to retention periods which mirror the retention periods applicable to the PDMR's awards granted by their previous employer.<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2. The PDMR is or has been an Internationally Mobile Employee and tax withholding has been applied accordingly. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1. Vested Shares retained after payment of associated tax liabilities will be subject to retention periods which mirror the retention periods applicable to the PDMR's awards granted by their previous employer.<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2. The PDMR is or has been an Internationally Mobile Employee and tax withholding has been applied accordingly. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1. Vested Shares retained after payment of associated tax liabilities will be subject to retention periods which mirror the retention periods applicable to the PDMR's awards granted by their previous employer.<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2. The PDMR is or has been an Internationally Mobile Employee and tax withholding has been applied accordingly. |

---

The market price used to meet associated tax liabilities was £2.920075.

Vested Shares retained after payment of associated tax liabilities will be subject to retention periods of between six and twenty four months, unless otherwise indicated in the table above.

3. The Company announces that Shares were delivered to PDMRs on 7 March 2023, as set out below. The Shares delivered represent payment of a fixed share allowance for the three-month period ending 31 March 2023 and have been calculated using a share price of £2.9216.

The number of Shares delivered, the number of Shares withheld to meet associated tax liabilities and the number of Shares retained by each PDMR is as follows:-

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Name of PDMR** | **Position of PDMR** | **No. of Shares delivered** | **No. of Shares withheld to satisfy associated tax liability** | **No. of Shares retained** |
| Robert Begbie | CEO, NatWest Markets | 12836 | 6173 | 6663 |
| Peter Flavel | CEO, Wealth Businesses | 21393 | 10074 | 11319 |
| Bruce Fletcher | Group Chief Risk Officer | 28666 | 13498 | 15168 |
| David Lindberg | CEO, Retail Banking | 27811 | 13093 | 14718 |
| Scott Marcar | Group Chief Information Officer | 35298 | 16619 | 18679 |
| Andrew McLaughlin | CEO, Commercial & Institutional (non-ring-fenced bank) | 1712 | 807 | 905 |
| Katie Murray | Group Chief Financial Officer | 65461 | 30814 | 34647 |
| Alison Rose | Group Chief Executive Officer | 96010 | 45195 | 50815 |
| John-Paul Thwaite | CEO, Commercial & Institutional (ring-fenced bank) | 26741 | 12588 | 14153 |
| Jen Tippin | Chief People & Transformation Officer | 35298 | 16619 | 18679 |

---

The market price used to determine the number of Shares withheld to meet associated tax liabilities was £2.920075. Shares retained after payment of associated tax liabilities will be held on behalf of PDMRs and will be released in instalments over a three or five year period.

All of the above transactions took place on the London Stock Exchange (XLON).

 **Legal Entity Identifier: 2138005O9XJIJN4JPN90**

For further information contact:-

NatWest Group Investor Relations

Alexander Holcroft

Head of Investor Relations

+44 20 7672 1758

<br> NatWest Group Media Relations

+44(0)131 523 4205

Exhibit No. 3

 **NatWest Group plc**

 **Publication of Final Terms**

The following Final Terms are available for viewing:

 *Final Terms dated 10 March 2023 (the "Final Terms") for NatWest Group plc ("NatWest Group") EUR500,000,000 4.699% Fixed to Floating Rate Notes due 14 March 2028 (ISIN: XS2596599063) (the "Notes") issued under the £40,000,000,000 Euro Medium Term Note Programme of NatWest Group (the "Programme").*

 *The Final Terms contain the final terms of the Notes and must be read in conjunction with the prospectus dated 7 December 2022 and the supplemental prospectus dated 17 February 2023, relating to the Programme, (together, the "Prospectus"), which together constitute a base prospectus for the purposes of the Prospectus Regulation (EU) 2017/1129 as it forms part of domestic law in the UK by virtue of the European Union (Withdrawal) Act 2018.*

To view the Final Terms for the Notes, please paste the following URL into the address bar of your browser:

 <u>http://www.rns-pdf.londonstockexchange.com/rns/6422S_1-2023-3-10.pdf</u>

A copy of the above Final Terms has been submitted to the National Storage Mechanism and will shortly be available for inspection at:

 <u>https://data.fca.org.uk/#/nsm/nationalstoragemechanism</u> 

For further information, please contact:

Scott Forrest

Head of NatWest Treasury DCM

Tel: +44 (0) 7747 455 969

 **DISCLAIMER INTENDED ADDRESSEES**

Please note that the information contained in the Final Terms (when read together with the information in the Prospectus) may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Prospectus) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the Final Terms and the Prospectus is not addressed. Prior to relying on the information contained in the Final Terms and the Prospectus, you must ascertain from the Prospectus whether or not you are part of the intended addressees of the information contained therein.

Your right to access this service is conditional upon complying with the above requirement.

Legal Entity Identifier

NatWest Group plc - 2138005O9XJIJN4JPN90

Exhibit No. 4

 **NatWest Group plc - Morgan Stanley European Financials Conference**

Alison Rose, NatWest Group CEO, will participate in a fireside chat at the Morgan Stanley European Financials Conference on Tuesday 14<sup>th</sup> March 2023 at 11:00am GMT. A live and on-demand webcast and post-event transcript will be available on our website <u>www.natwestgroup.com/ir</u>

 **For further information:**

 **Investor Relations**

Alexander Holcroft

Head of Investor Relations

+44 (0) 20 7672 1758

LEI: 2138005O9XJIJN4JPN90

Exhibit No. 5

 **23 March 2023**

 **NatWest Group plc**

 **INITIAL NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY (PDMRs) IN ACCORDANCE WITH ARTICLE 19 OF THE MARKET ABUSE REGULATION**

1. NatWest Group plc (the Company) announces that it has been notified of the PDMR set out below purchasing ordinary shares of £1.0769\* each in the Company (Shares) (ISIN: GB00BM8PJY71) on the date and at the price indicated:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Name of PDMR** | **Position of PDMR** | **No. of Shares purchased** | **Price of Shares purchased** | <br> **Date of transaction**<br>|
| Roisin Donnelly | Non-executive Director, NatWest Group plc | 7318 | £2.7190 | 22 March 2023 |

---

2. The Company announces that the PDMR set out below has sold Shares on the date and at the price indicated:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **PDMR** | **Position of PDMR** | **No. of Shares sold** | **Sale price** | <br> **Date of transaction**<br>|
| Jen Tippen | Chief People & Transformation Officer, NatWest Group plc | 73000 | £2.7167 | 22 March 2023 |

---

\* **Note:** the nominal value of ordinary shares without rounding is £1.076923076923077 per share

The transactions took place on the London Stock Exchange (XLON).

 **Legal Entity Identifier: 2138005O9XJIJN4JPN90**

For further information contact:-

NatWest Group Investor Relations

Alexander Holcroft

Head of Investor Relations

+44 20 7672 1758

NatWest Group Media Relations

+44(0)131 523 4205

Exhibit No. 6

 **NatWest Group plc - Climate Investor Spotlight**

NatWest Group will be hosting an Investor Spotlight event on our Climate strategy on Thursday 30<sup>th</sup> March at 1:30pm. A live zoom presentation and slides will be available on our website: <u>https://investors.natwestgroup.com/presentations.aspx</u>

 **For further information:**

 **Investor Relations**

Alexander Holcroft

Head of Investor Relations

+44 (0) 20 7672 1758

LEI: 2138005O9XJIJN4JPN90

Exhibit No. 7

**31 March 2023**

 **NatWest Group plc**

 **INITIAL NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY (PDMRs) IN ACCORDANCE WITH ARTICLE 19 OF THE MARKET ABUSE REGULATION**

NatWest Group plc (the Company) announces that the PDMRs set out below purchased ordinary shares of £1.0769\* each in the Company (Shares) (ISIN: GB00BM8PJY71) on 30 March 2023 at the price indicated, in accordance with the Company's Chairman and Non-executive Directors shareholding policy (the Policy):

---

| | | | |
|:---|:---|:---|:---|
| **Name of PDMR** | **Position of PDMR** | **No. of Shares purchased** | **Price of Shares purchased** |
| Howard Davies | Chairman | 3853 | £2.671 |
| Frank Dangeard | Non-executive Director | 1014 | £2.671 |
| Roisin Donnelly | Non-executive Director | 1014 | £2.671 |
| Patrick Flynn | Non-executive Director | 1014 | £2.671 |
| Yasmin Jetha | Non-executive Director | 1053 | £2.671 |
| Mark Seligman | Non-executive Director | 1053 | £2.671 |
| Lena Wilson | Non-executive Director | 1014 | £2.671 |
| *The Policy does not appy to Directors scheduled to step down from the Board of the Company within the next 12 months.* | *The Policy does not appy to Directors scheduled to step down from the Board of the Company within the next 12 months.* | *The Policy does not appy to Directors scheduled to step down from the Board of the Company within the next 12 months.* | *The Policy does not appy to Directors scheduled to step down from the Board of the Company within the next 12 months.* |

---

\* **Note:** the nominal value of ordinary shares without rounding is £1.076923076923077 per share.

The transactions took place on the London Stock Exchange (XLON).

 **Legal Entity Identifier: 2138005O9XJIJN4JPN90**

For further information contact:-

NatWest Group Investor Relations

Alexander Holcroft

Head of Investor Relations

+44 20 7672 1758

NatWest Group Media Relations

+44(0)131 523 4205

Exhibit No. 7

 **NatWest Group plc**

 **Total Voting Rights and Capital**

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 March 2023.

---

| | | | |
|:---|:---|:---|:---|
| **Share Class and nominal value** | **Number of Shares issued** | **Voting rights per share** | **Total Voting rights -** |
| **Share Class and nominal value** | **Number of Shares issued** | **Voting rights per share** | **31 March 2023** |
| Ordinary Shares of £1.0769\* (excluding ordinary shares held in treasury) | 9593494746 | <br>4 | 38373978984 |
| Ordinary Shares of £1.0769\* held in treasury | 85910882 | 4 | Voting rights not exercisable |
| 11% Cumulative Preference Shares of £1 | 240686 | 4 | 962744 |
| 5.5% Cumulative Preference Shares of £1 | 242454 | 4 | 969816 |
| **Total:** | **9679888768** |  | **38375911544** |

---

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

Shareholders may use the above figure of 38,375,911,544 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 March 2023

---

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

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