SCHEDULES

SCHEDULE 2Approved share incentive plans

Part 11Supplementary provisions

Meaning of participant ceasing to be in relevant employment

95

(1)

This paragraph explains what is meant, for the purposes of the SIP code, by a participant ceasing to be in relevant employment.

(2)

For the purposes of the SIP code “relevant employment” means employment by the company or any associated company.

(3)

A participant who remains in the employment of the company or any associated company does not cease to be in relevant employment.