1 July 2024

M&G PLC BOARD CHANGES

PAUL EVANS APPOINTED AS NON-EXECUTIVE DIRECTOR

M&G plc today announces the appointment of Paul Evans as an independent Non-Executive Director with effect from 1 October 2024.

Paul is an experienced senior business leader in financial services, with deep experience of Life Insurance. He spent 17 years at AXA in a variety of senior roles in Life Insurance, Wealth and Asset Management, including Group CEO of AXA's Global Life, Savings and Health businesses with responsibility for global asset management. Prior to joining AXA, Paul spent 13 years with PwC as a Chartered Accountant.

Paul brings international experience of regulated risk management and governance frameworks. For the past six years, he has served as a Non-Executive Director across a comprehensive portfolio of companies. He is currently Chair of Allianz Holdings plc and Non-Executive Director and Chair of the Audit Committee of Bupa. 

Paul will also become a member of the Audit, Risk and Remuneration Committees.

Edward Braham, Chair of M&G plc, commented:

"I am delighted to welcome Paul to the M&G Board. He is highly respected within the UK financial services market and brings with him a strong track record and expertise in UK Life insurance which will be invaluable to the Group."

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Notes to Editors:

1.   Disclosures

Mr Evans holds no interest in any shares of M&G plc.  Mr Evans is considered to be independent for the purposes of the UK Corporate Governance Code. Save as disclosed above, there is no further information required to be disclosed pursuant to Listing Rule 9.6.13 (1) - (6) of the Listing Rules of the Financial Conduct Authority.