24 June 2026

M&G PLC BOARD CHANGES

M&G plc (the "Company") today announces the following changes to the Board with effect from 3 September 2026:

·    Clare Thompson to step down from the Board

·    Clare Chapman CBE appointed as Senior Independent Director

·    Paul Evans appointed as Audit Committee Chair

Clare Thompson, Senior Independent Non-Executive Director ("SID") and Chair of the Audit Committee, will stand down from the Board on 3 September 2026, following the publication of the Company's Half Year 2026 results and after seven years of service.

The Board has appointed Clare Chapman as SID and Paul Evans as Chair of the Audit Committee, in each case with effect from 3 September 2026. This will ensure that there is an orderly transition and handover of the Audit Committee Chair responsibilities to Paul Evans. Mr Evans has been a member of the Audit Committee since October 2024.

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

"I would like to thank Clare Thompson for her distinguished service at M&G plc. She has made an outstanding contribution to the Board as Chair of the Audit Committee and as Senior Independent Director, providing invaluable guidance during her tenure. She leaves with our thanks and very best wishes for the future.

"I am grateful to Clare Chapman for assuming the role of  Senior Independent Director, and to Paul Evans for taking on the position of Chair of the Audit Committee. I look forward to working with them both in their new roles."

-Ends-

Media Enquiries:

Save as disclosed above, there is no further information required to be disclosed pursuant to Listing Rule 6.4.6R of the Listing Rules of the Financial Conduct Authority.