STANCHART (02888) – Management Vests 1.60 Million Shares Valued at £24.90 Million; £6.64 Million Divested for Tax Withholding

Bulletin Express03-20 11:02

Standard Chartered PLC (STANCHART, 02888) disclosed multiple transactions by Persons Discharging Managerial Responsibilities (PDMRs) on 17 March 2026, all executed on the London Stock Exchange at a uniform price of £15.536 per share.

Key aggregate takeaways • Total shares vested: 1.60 million, representing an estimated market value of £24.90 million. • Shares sold to meet tax liabilities: 0.43 million, realising about £6.64 million. • All vestings stem from deferred share awards (granted in 2021–2025) and long-term incentive plan (LTIP) tranches for performance periods 2021-23 and 2022-24, some of which were accelerated in line with the PRA’s October 2025 remuneration guidance.

Executive-level breakdown (volumes vested / sold for tax, value at £15.536 per share):

1. Chief Strategy & Talent Officer Tanuj Kapilashrami – 205,585 / 97,834 shares (£3.19 million vested; £1.52 million sold). 2. CEO, Corporate & Investment Banking Roberto Hoornweg – 470,213 / 60,569 shares (£7.31 million vested; £0.94 million sold). 3. Interim Group CFO Pete Burrill – 22,914 / 10,907 shares (£0.36 million vested; £0.17 million sold). 4. CEO, Wealth & Retail Banking Judy Hsu – 401,298 / 96,469 shares (£6.23 million vested; £1.50 million sold). 5. Group Chief Risk Officer Jason Forrester – 27,472 / 13,076 shares (£0.43 million vested; £0.20 million sold). 6. Group Chief Executive Bill Winters – 219,072 / 104,253 shares (£3.40 million vested; £1.62 million sold). 7. President, International Benjamin Hung – 256,109 / 44,091 shares (£3.98 million vested; £0.68 million sold).

The vestings arise from the 2011 Standard Chartered Share Plan, the 2021 Standard Chartered Share Plan and associated LTIPs, reflecting previously awarded performance-linked and deferred remuneration.

Board composition (as of 19 March 2026) Chair: Maria da Conceicao das Neves Calha Ramos Executive Director: William Thomas Winters, CBE (Group Chief Executive) Nine Independent Non-Executive Directors, including Senior Independent Director Philip George Rivett, complete the board.

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