We have a proven and attractive dividend history with consistent annual growth.

- Cash Generation continues to support the dividend strategy – with HY2025 Cash Generation providing 1.42x dividend coverage2
- We aim to make a complicated industry as simple and transparent as possible.
- We have a proven successful acquisition track record.
- Our acquisition strategy has delivered impressive Economic Value growth.

- Debt capacity and support to fund future acquisitions.
- Strong regulatory compliance in all of our three territories.
- Loyal and supportive investor base.
- Strong financial foundations – Solvency Coverage Ratio (with no transitional arrangements) of 207%
- Governance Maps ensure robust risk management across all aspects of the strategy.
- Skilled and experienced Senior Management team in all territories.
1 Dividend pence per share has been rebased to
reflect the Rights Issue bonus factor of 1.1514x
applied to historic dividend per share metrics
²Defined as Commercial Cash Generation divided
by 50% of the projected full year dividend cost