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Auto Trader Group PLC announced on 8 December 2025 that Catherine Faiers will step down from its Board effective 9 December 2025. She will remain an employee of the Group until 27 February 2026. Catherine Faiers will not receive any loss of office payments and will not be treated as a good leaver for outstanding share incentive benefits, aligning with the Company's Remuneration Policy approved at the 2024 AGM.
| Date | 8 Dec 2025 |
| Time | 16:30:00 |
| Category | Board changes |
| ID | 7063K |
8 December 2025
AUTO TRADER GROUP PLC
UPDATE ON BOARD CHANGE
Further to the announcement on 31 October 2025, Auto Trader Group PLC (LSE: AUTO, "Autotrader" or the "Company"), the UK's largest digital automotive platform, announces that Catherine Faiers will step down from the Autotrader Board with effect from 9 December 2025. In order to facilitate a smooth transition, Catherine will remain an employee of the Group until 27th February 2026.
Enquiries:
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Sodali & Co
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+44 (0) 20 7250 1446 |
Section 430 (2B) Companies Act 2006 Statement
The following information is provided in accordance with section 430(2B) of the Companies Act 2006 and these arrangements are in line with the Company's Remuneration Policy which was approved by shareholders at the 2024 AGM:
1. Catherine has not and will not receive any loss of office payments.
2. Catherine will not be treated as a good leaver in respect of her outstanding share incentive benefits.
The Company's Remuneration Report for the financial year ending 31 March 2026 will include details of remuneration earned by Catherine Faiers as an executive director during the relevant period.
About Autotrader
Auto Trader Group plc is the UK's largest automotive platform. It listed on the London Stock Exchange in March 2015 and is a member of the FTSE 100 Index.
Autotrader's purpose is Driving Change Together. Responsibly. Autotrader is committed to improving the efficiency of car buying and selling in the UK, to building stronger partnerships with customers, using its influence to drive more environmentally friendly vehicle choices and enabling this through a culture that enables our people to develop and perform. With the largest number of car buyers and the largest choice of trusted stock, Autotrader's marketplace sits at the heart of the UK car buying process. That marketplace is built on an industry-leading technology and data platform, which is increasingly used across the automotive industry. Autotrader is continuing to bring more of the car buying journey online, creating an improved buying experience, whilst enabling all its retailer partners to sell vehicles online.
Autotrader publishes a monthly used car Retail Price Index which is based on pricing analysis of circa 800,000 unique vehicles each day. This data is used by the Bank of England to feed the broader UK economic indicators.
For more information, please visit: https://plc.autotrader.co.uk/
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