NOTICE TO THE MEMBERS OF THE ANNUAL GENERAL MEETING AND CVS OF CANDIDATES STANDING FOR ELECTION The Professional Provident Society Holdings Trust (Registration number: IT312/2011) (the Trust) Notice is hereby given that the fourteenth annual general meeting (the meeting) of the members of the Trust will be held VIRTUALLY on Monday, 6 May 2024 at 18:00, for the purposes set out below. Please refer to the section titled “Action required by members in regard to the 2024 annual general meeting” included in this Integrated Report for particulars regarding participation in the annual general meeting. 1. To adopt, by ordinary resolution, the annual financial statements for the year ended 31 December 2023, including the reports of the trustees and the auditors of the Trust. 2. To appoint, by ordinary resolution, Ernst & Young Incorporated as the auditors of the Trust for the financial year ending 31 December 2024. 3. To pass the following special resolution approving the amendment of the Trust Deed constituting the Trust: “RESOLVED THAT the Members of the Trust, in terms of clauses 12.3 and 31.1.3 of the existing deed of trust constituting the Trust, being the Second Amended and Restated Trust Deed as further amended by resolution adopted on 22 May 2017 and by resolution adopted on 8 May 2023 ("Trust Deed"), hereby approve the amendment of the Trust Deed, with effect from the end of the AGM at which this resolution is adopted but subject to the Prudential Authority confirming in terms of clause 31.1.4 of the Trust Deed that it does not object to the amendment, by: (i) the insertion of the words "amendment or" after the words "unless such" in the fifth line of clause 12.3; and (ii) the replacement of clause 17.2 with the following new clause 17.2: "17.2 Save as provided in 17.1, a Person shall only be entitled to become a Member of the Trust if such Person is, and continues to be, - 17.2.1 a Professional Person who is a member, or who is eligible for membership, of one of the Recognised Professional Organisations; and/or 17.2.2 a juristic Person which provides Professional services; provided that the Board shall be entitled to admit such other Persons as Members as it deems fit."; and (iii) the replacement of clause 18.3 with the following new clause 18.3: "18.3 Only Members who are referred to in 17.2.1 or 17.2.2 and who are - 18.3.1 ordinary participants, from time to time, as defined in the Master Contract; 18.3.2 accident participants, from time to time, as defined in the Master Contract; or 18.3.3 special participants, from time to time, as defined in the Master Contract, shall be Ordinary Members."; and 239 Notice to the Members of the Annual General Meeting
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