Directorate Change - Chair of Board Risk Committee

28 April 2020

LLOYDS BANKING GROUP: CHANGE IN NON-EXECUTIVE BOARD ROLES

As previously announced, Alan Dickinson will take over the role of Deputy Chairman when Anita Frew retires from the Board at the AGM on May 21^st 2020.

Accordingly, Alan will step down as Chair of the Board Risk Committee at that time and be succeeded by Nicholas Prettejohn, an independent Non-Executive member of the Board. Nick brings extensive prior experience in financial services to the role, including as Chief Executive of Lloyds of London and as Chief Executive of Prudential UK.

Since Nick will continue in his role as Chairman of the Group's Insurance subsidiary, Scottish Widows Group Limited, his position as Chair of the Group Board Risk Committee will be for a limited period pending further reallocation of non-executive Board roles planned for later this year.

For further information:

Investor Relations

Douglas Radcliffe

Group Investor Relations Director                              +44 (0) 20 7356 1571

Email: douglas.radcliffe@lloydsbanking.com

Group Corporate Affairs

Matt Smith                                                                  +44 (0) 20 7356 3522

Head of Media Relations

Email: [email protected]