Standard Chartered PLC — Board/Management Information 2014

Jun 16, 2014

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STANDARD CHARTERED PLC

渣打集團有限公司

(Incorporated as a public limited company in England and Wales with registered number 966425)

(Stock Code: 02888)

Byron Grote to join Standard Chartered PLC Board

The Board of Directors (the "Board") of Standard Chartered PLC (the "Company") today announces the appointment of Byron Elmer Grote as an independent Non-Executive Director from 1 July 2014.

Byron (aged 66) is an experienced non-executive director who has strong finance, commercial and risk management credentials. He also has substantial international experience, across Asia Pacific and Africa. Byron worked for over 25 years at BP plc across a variety of commercial, operational and executive roles, including nine years as Chief Financial Officer. He stepped down from the Board of BP plc in April 2013. Byron is a Non-Executive Director of Unilever plc/Unilever NV, Anglo American plc and a member of the Supervisory Board of Akzo Nobel NV.

Byron's appointment is part of the Board's ongoing multi-year succession planning exercise designed to enhance the experience, depth and diversity of the Board and its Committees. As previously announced, two of our long standing independent Non-Executive Directors, Rudy Markham and Jamie Dundas, stepped down from the Board in May 2014 and Oliver Stocken will step down by the end of the year.

Sir John Peace, Chairman of the Board, said: "Byron brings significant financial and risk management experience to the Board, having worked in a range of senior roles in a heavily regulated industry. Byron's appointment will ensure that the Board's composition continues to evolve and that we have the right balance and diversity of skills and experience to support the future development of our business. I am delighted to welcome Byron to Standard Chartered."

REMUNERATION STATEMENT IN RELATION TO BOARD CHANGE

Remuneration statement in relation to Byron Elmer Grote

The independent Non-Executive Directors do not participate in any of the Group's incentive arrangements. Byron will receive a fee of GBP 100,000 for his services as a Non-Executive Director. This is disclosed in accordance with the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited (the "Hong Kong Listing Rules").

Additional information

Byron Grote has no relationship with any other Director, member of senior management or substantial or controlling shareholder of Standard Chartered PLC.

Byron Grote holds 7,000 ordinary shares in the Company.

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There is no other information to be disclosed under the requirements of UK Listing Rule 9.6.13 (1-6) and Rule 13.51(2) of the Hong Kong Listing Rules in relation to Byron Grote's appointment which has received the necessary regulatory approval.

By Order of the Board
Annemarie Durbin
Group Company Secretary

Hong Kong, 16 June 2014

As at the date of this announcement, the Board of Directors of Standard Chartered PLC comprises:

Chairman:
Sir John Wilfred Peace

Executive Directors:
Mr Peter Alexander Sands; Mr Jaspal Singh Bindra; Mr Richard Henry Meddings; Mr Alun Michael Guest Rees and Mr Viswanathan Shankar

Independent Non-Executive Directors:
Mr Om Prakash Bhatt; Dr Kurt Michael Campbell; Dr Louis Chi-Yan Cheung; Dr Han Seung-soo, KBE; Mrs Christine Mary Hodgson; Mr Naguib Kheraj; Mr Simon Jonathan Lowth; Ms Ruth Markland (Senior Independent Director); Mr John Gregor Hugh Paynter; Mr Paul David Skinner, CBE; Mr Oliver Henry James Stocken, CBE and Dr Lars Henrik Thunell

For further information please contact:

Investors
James Hopkinson Tel: +44 20 7885 7151
James.Hopkinson@sc.com

Media
Sarah Lindgreen
Tel: +44 20 7885 8764
Sarah.Lindgreen@sc.com

Notes to Editors

Standard Chartered

We are a leading international banking group, with more than 86,000 employees and a 150-year history in some of the world's most dynamic markets. We bank the people and companies driving investment, trade and the creation of wealth across Asia, Africa and the Middle East, where we earn around 90 per cent of our income and profits. Our heritage and values are expressed in our brand promise, Here for good.

Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges as well as the Bombay and National Stock Exchanges in India.

For more information please visit www.sc.com. Hear from Standard Chartered's experts and comment on our blog at ourviews.sc.com. Follow Standard Chartered on Twitter, LinkedIn and Facebook.