NOTICE OF REDEMPTION AND CANCELLATION OF LISTING

Skipton Building Society

(the "Issuer")

£350,000,000 Senior Non-Preferred Reset Notes due 2 October 2026

ISIN: XS2239766624

(the "Notes")

issued under the £2,000,000,000 Euro Medium Term Note Programme of the Issuer

(the "Programme")

10 September 2025

The Issuer hereby gives notice to the Noteholders that it has elected to redeem all of the outstanding Notes pursuant to Condition 7(c) of the terms and conditions of the Notes (the "Conditions") set out in Schedule 1 to the Trust Deed relating to the Programme dated 7 December 2000 between the Issuer and The Bank of New York Mellon, London Branch, as amended, modified and restated as at the issue date of the Notes, as completed by the Final Terms relating to the Notes dated 30 September 2020 (the "Final Terms"), and paragraph 20 of the Final Terms.

The Notes will be redeemed on 2 October 2025 (being the Optional Redemption Date). The Notes will be redeemed at their principal amount, together with any interest accrued to (but excluding) the Optional Redemption Date.

The Notes, and the listing of the Notes on the Official List of the Financial Conduct Authority and the admission of the Notes to trading on the main market of the London Stock Exchange plc, will be cancelled forthwith following the redemption.

Capitalised terms used herein but not otherwise defined shall have the meaning given to such terms in the Conditions.

Issuer LEI Number: 66AGRETLUXS4YO5MUH35

For further information, please contact:

Jeremy Helme

Head of Capital Markets and Investor Relations

Skipton Building Society

Telephone:      01756705978