6 March 2025

Schroders plc

("the Company")

Directorate changes

Schroders plc today announces that Deborah Waterhouse, having served on the Board for six years, has decided not to stand for re-election at our Annual General Meeting ("AGM") on 1 May 2025 to concentrate on the demands of her role at GSK plc. Deborah will therefore step down from the Board at the conclusion of the AGM.

The Company is also announcing that Ian King will step down from the role of Senior Independent Director and be succeeded by Iain Mackay with effect from the conclusion of the AGM on 1 May 2025. Ian King will remain an independent non-executive Director of the Company and as a member of the Nomination and Governance, and Remuneration Committees, and he will remain the designated non-executive Director responsible for engagement with the workforce.

Iain Mackay has been an independent non-executive Director of the Company since January 2024 and Chair of the Audit and Risk Committee since April 2024. He is also a member of the Nomination and Governance Committee.

Elizabeth Corley, Chair of Schroders, said: "Deborah's insights and challenge have been of huge benefit to the Board and I would like to thank her for the contribution she has made to the Board, and also as a member of both the Audit and Risk, and Remuneration Committees. I would also like to extend my thanks to Ian King for his unwavering support in his role as Senior Independent Director. Iain Mackay's prior experience makes him ideally qualified to assume the position of Senior Independent Director."

This notification is made in accordance with UK Listing Rule 6.4.6

Enquiries:

Kate Graham

Group Company Secretary

Schroders plc

Tel: 0207 658 8272