SCHEDULES

SCHEDULE 2Approved share incentive plans

Part 11Supplementary provisions

Meaning of “associated company”

94

1

For the purposes of the SIP code one company is an “associated company” of another company at a given time if—

a

one has control of the other, or

b

both are under the control of the same person or persons.

2

Sub-paragraph (1) does not, however, apply for the purposes of paragraph 29 (prohibited shares).

3

For the purposes of sub-paragraph (1) the question whether a person controls a company is to be determined in accordance with F1sections 450 and 451 of CTA 2010.