VIRGIN MONEY UK PLC

(Company or Virgin Money UK)

LEI:213800ZK9VGCYYR6O495

23 March 2022

Directorate Changes

The Company announces that after having served two three-year terms on the Board, Paul Coby, a Non-Executive Director of the Company, will step down from the Board of Virgin Money UK on 30 June 2022. Paul joined the Board in June 2016 and is a member of the Audit Committee, the Governance and Nomination Committee, the Remuneration Committee and of the Risk Committee. He will also step down as a Director of Clydesdale Bank PLC on the same date.

On 3 December 2021 the Company announced that, following the announcement of her appointment as Chief Financial Officer of Hargreaves Lansdown plc, Amy Stirling (the Representative Director of Virgin Enterprises Limited) had informed the Company of her intention to step down as a Non-Executive Director of Virgin Money UK by the summer of 2022 on a date to be agreed between the Company and Virgin Enterprises Limited. The Company confirms that Amy will leave the Board on 5 May 2022. She will also step down as a Director of Clydesdale Bank PLC on the same date.

David Bennett, Company Chairman said "On behalf of the Board I would like to thank both Paul and Amy for their significant contributions during their time on the Board including Paul's chairmanship of the Board Transformation and Integration Committee established to provide oversight of the integration of the two heritage businesses following the acquisition of Virgin Money and more recently their insights which helped shape our accelerated digital strategy. All of us wish Paul and Amy well for the future."

Announcement authorised for release by Lorna McMillan, Group Company Secretary.

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