ShareSave

There are no fees to join or save through the plan. And there’s no government stamp duty, dealing or administration charges to pay if you buy shares at the end of the plan. You’ll pay Computershare’s dealing charges if you sell your shares.

Yes, so long as you stay within the overall £100 per month limit for ShareSave 2025.

Your ShareSave option is your opportunity to buy a set number of NatWest shares when the plan ends. The price you’ll pay for your shares is the option price. If the NatWest share price is higher than the option price, you can choose to buy the shares (known as ‘exercising your option’), and you’ll make a profit. If the share price is lower than the option price you can choose not to exercise your option and instead take your savings back as cash.

The option price for ShareSave 2025 is £4.6688.

This is the price you’ll pay for NatWest shares at the end of the three- or five-year plan, if you choose to do so. We set the price on 30 October.

It’s based on the average share price over the previous three days and includes a 20% discount.

You get an opportunity to join once a year. ShareSave 2025 offer window opens on 20 October until 5pm (UK time) 10 November. Look out for the ShareSave offer announcements during the offer window.

We’ll start taking your chosen amount from your pay in December, and the plan starts the same day.

ShareSave is available to permanent and fixed-term colleagues based in the UK, Jersey, Guernsey, Isle of Man, Gibraltar and India. If you were employed on 30 September you can join.

If lots of colleagues decide to join ShareSave, we might need to reduce or scale back the amount you can save. This is unlikely, but if it happens, we’ll let you know.

If you die, your savings will automatically stop. Your personal representative can choose to either have your savings returned to your estate, or use them to buy shares at the option price. If you die before the plan finishes, they’ll have one year after your death to choose to buy the shares. If you die in the six months after the plan finishes, they’ll have a year from when the plan finished.

If you leave because you’re made redundant, retire, or through injury or disability, or the company you’re employed by is no longer part of NatWest, you can choose to:

• Use the amount you’ve already saved to buy shares at the option price within six months of leaving.
• Keep saving for up to six months by setting up direct payments to Computershare and then buy shares.
• Keep saving beyond six months, and have your savings returned to you at the end of the plan.
• Have your savings returned to you straight away.

The position above also applies if you’ve been saving for more than three years and you leave for any reason other than the leaver reasons listed in the first paragraph above (other than dismissal for misconduct).

However, if you’ve been saving for less than three years and leave for any reason other than the leaver reasons listed in the first paragraph above (for example, you resign or you’re dismissed), you won’t be able to buy shares. You can keep saving until the end of the plan and get your money back, or have your money back straight away.

You can (i) request your money back; or (ii) continue saving by contacting Computershare (using the contact options at the bottom of the FAQ section) to set up a standing order.

If you don’t take any action and miss more than 12 contributions during your savings contract, your option will automatically lapse and you will only be able to request your money back.

If you continue saving, you will be able to exercise your ShareSave option at maturity, subject to the ShareSave rules. Please be aware that when you exercise your ShareSave option it may be subject to tax in your new country (as the ShareSave is only tax advantaged in the UK). You will be advised on exercise of any tax due and, where applicable, this will, if appropriate, be deducted from your pay.

Please use the HelpChat on EquatePlus. Or you can call Computershare on +44 (0)370 702 0109.

If you’re being paid via payroll, we’ll still take your payment. If you’re not being paid, you can make direct payments to Computershare instead. Just get in touch with Computershare directly and they’ll help you set up payments from your bank account. You’ll also need to let payroll know you’re doing this.

If you don’t do this, these payments will be missed, but you can make them up later. This will delay when your savings plan finishes, as you’ll need to catch up on the delayed payments. If you need to delay payments at any other time you can do this too.

You can delay up to 12 payments in total. See the FAQ on ‘Can I change or stop my payment?’ for more details.

Buying shares:

You don’t usually need permission or pre-approval to buy shares at the end of ShareSave, provided you don’t sell them straight away. If you’re an insider, you can’t do this in the 30 days before we announce annual or half-year results to the market.

Selling shares:

Any share sales are subject to the Personal Account Dealing requirements.

If you’re an insider or work in a defined business area, you’ll need to get prior authorisation if you want to sell shares during an Open Window, and you’ll need to use the STAR compliance system.

Find out more about the Personal Account Dealing Requirements, Open Windows and the STAR compliance system on the Control Room hub on the intranet.

You’ve got six months from your maturity date to decide what to do. The expiry date is the last day you can choose to buy shares at the option price. After this you’ll still be able to have your savings returned to you as cash. This won’t happen automatically – you’ll need to log in to your EquatePlus account.

It depends on what choice you’ve made.

• If you choose to buy shares and keep them, they’ll usually be in your EquatePlus account within two working days.
• If you choose to buy shares and sell all of them straight away, your money will be sent to you two days after you sell. Remember it can take up to 5 days for the money to reach your bank account (longer for international transactions) and during the festive season this can take longer than usual.
• If you choose to take your savings back as cash, the money will usually be in your bank account in 2-5 working days.

You need to make all the monthly payments before your ShareSave is finished. This means 36 payments for a 3-year plan and 60 for a 5-year plan.

So if you’ve taken a payment holiday, this will delay your maturity date. But as long as you keep making the monthly payments, you’ll still be able to buy shares at the option price at the end of your savings period.

If you decide to buy shares and you don’t sell them all, your shares will be held in an EquatePlus online account called the Share Plan Account.

Your ShareSave option is your opportunity to buy a set number of NatWest shares when the plan ends. The price you’ll pay is the option price.

If the NatWest share price is higher than the option price, you can choose to buy the shares (known as ‘exercising your option’), and you’ll usually make a profit.

If the share price is lower than the option price you can choose not to exercise your option and instead take your savings back as cash.

If you decide to buy shares and you don’t want to sell them straight away, your shares will be held in an online account with EquatePlus called the Share Plan Account (SPA). The shares are held electronically instead of you holding a share certificate.

You can see your shares, buy, or sell by logging in. It’s free to hold shares in the account. When you buy or sell, you’ll pay a dealing charge of 0.235% (minimum of £17).

As a shareholder you’ll receive any dividends directly into your EquatePlus account, and can vote at our Annual General Meeting. You can also choose to have your dividends automatically reinvested in more shares if you wish.

Full details of how to use the account can be found on EquatePlus.