STANDARD CHARTERED PLC: REALLOCATION OF THE WORK OF THE BOARD FINANCIAL CRIME RISK COMMITTEE

Standard Chartered PLC today announces a change to the Board's oversight of financial crime compliance. Given the progress made in financial crime compliance under the oversight of the Board Financial Crime Risk Committee ("BFCRC"), the Board has approved the reallocation of the remit of the BFCRC to a combination of the Board Risk Committee, the Audit Committee and the Board to take effect from 1 April 2022, at which point the BFCRC will cease to be a standalone Board Committee.

Pursuant to the UK Listing Rule 9.6.11(3), Gay Huey Evans, CBE; David Conner; Christine Hodgson, CBE; Naguib Kheraj and Carlson Tong, each an Independent Non-Executive Director, will step down from their respective roles on the BFCRC with effect from 1 April 2022. All BFCRC members will continue to perform their other Board and Board Committee roles.

The external advisors to the BFCRC, Sir Iain Lobban and Boon Hui Khoo, will be retained for a further year to provide support on financial crime compliance at the Board Risk Committee and Audit Committee.

José Viñals, Group Chairman commented: "I would like to thank Gay, who served as Chair, and the other members of the BFCRC for their hard work and dedication in meeting a number of important milestones and in transforming the oversight of financial crime compliance at Standard Chartered".

Details of current Board members are available here: sc.com/en/about/our-people, and the constituent members of the Board's committees are set out here: sc.com/en/investors/committees.

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For further information, please contact:

Andrew Green - Group Corporate Secretariat

+44 (0)207 885 2130