Future PLC

Remuneration Information • Feb 11, 2022

National Storage Mechanism | Additional information

RNS Number : 4448B

Future PLC

11 February 2022

Date: 11 February 2022

Future plc

(the "Company")

Director/PDMR holding

Value Creation Plan

Pursuant to the appointment of Penny Ladkin-Brand as Chief Financial Officer and Executive Director of the Company on 1 November 2021 and in line with the Company's remuneration policy, Penny Ladkin-Brand has been awarded units under the all-employee Value Creation Plan (VCP) commensurate with the equivalent of the previous CFO's award (63,000 units per tranche). Tranche 1 has been prorated from 1 November 2021 (47,472 units) reflecting Penny's 13 months as Chief Strategy Officer.

The first potential vesting date is the first Dealing Day after the announcement of FY23 results and any shares awarded to Executive Directors in respect of the first tranche (measurement date 30 September 2023) will be subject to a mandatory two-year holding period.

Any shares awarded to Executive Directors in respect of the second tranche (measurement date 30 September 2024) will be subject to a mandatory one-year holding period.

The ultimate release of any shares will be subject to the Committee satisfying itself that the recorded outcome is a fair reflection of the underlying business performance over the period.

Details of the awards to the Executive Director are as follows:

Name	Number of units awarded	Performance period	Vesting date
Penny Ladkin-Brand	27,472 (first tranche) - bringing her total award for tranche 1 to 47,472	1 October 2020 to: 30 September 2023	The first Dealing Day after the announcement of the FY23 results
Penny Ladkin-Brand	43,000 (second tranche) bringing her total award for tranche 2 to 63,000	1 October 2020 to 30 September 2024	The first Dealing Day after the announcement of the FY24 results
Penny Ladkin-Brand	43,000 (third tranche) bringing her total award for tranche 3 to 63,000	1 October 2020 to 30 September 2025	The first Dealing Day after the announcement of the FY25 results

Deferred Annual Bonus Scheme (DABS)

On 9 February 2022, in accordance with the provisions of the Company's approved Remuneration Policy, the Company granted the following conditional award over Ordinary Shares of 15p each. The DABS Award will vest two years from the date of the bonus payment, at no cost to the participant, in accordance with the rules of the DABS.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Zillah Byng-Thorne
2	Reason for the notification
a)	Position/status	Chief Executive Officer (PDMR)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Future plc
b)	LEI	213800K2581YRLEXV353
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument
	Ordinary shares of 15p each
Identification code	GB00BYZN9041
b)	Nature of the transaction	Grant of conditional awards over Future plc ordinary shares under the DABS. The award will vest on the first Dealing Day after the announcement of the FY23 results.
c)	Price(s) and volume(s)
		Price(s)	Volume(s)
		Nil	19,993
d)	Aggregated information	N/A (single transaction)
- Aggregated volume
- Price
e)	Date of the transaction	9 February 2022
f)	Place of the transaction	London

Enquiries:

Future plc Zillah Byng-Thorne, Chief Executive Officer Penny Ladkin-Brand, Chief Financial Officer Marion Le Bot, Head of Investor Relations	Tel: +44 (0)1225 442244
Headland Consultancy (Financial PR) Stephen Malthouse Rob Walker Charlie Twigg future@headlandconsultancy.com	Tel: +44 (0)20 3805 4822 +44 (0)7734 956 201 +44 (0)77 9195 8922

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