Chair’s introduction to governance continued
Board tenure as at 30 September 2025
Chris Stone
8 years 6 months
Mike Maddison
3 years 3 months
Guy Ellis
2 years 3 months
Julie Chakraverty
3 years 9 months
Jennifer Duvalier
7 years 5 months
Mike Ettling
8 years 0 months
Lynn Fordham
3 years 1 month
30 September:
2017
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2025
Our investors We are in regular contact with our large investors through a scheduled programme of meetings attended by our CEO, CFO and Chair. Julie Chakraverty (Senior Independent Director), Lynn Fordham (Audit Committee Chair) and Jennifer Duvalier (Remuneration Committee Chair) are also available to meet with investors should the need arise. In May 2025, we hosted an immersive experience to help our shareholders and analysts, along with other industry professionals from insurance brokers and financial services, to understand how we would help clients respond to cyber incidents. Particular highlights during the year were NCC Group winning the IR Society award for “Best IR Programme 2024 (Small Cap)”, and also being shortlisted for the IR Society award for “Best Communication of Sustainability 2024 (Small Cap)”. I continue to meet with our larger investors and report my findings to Board colleagues. Investor engagement has remained a priority throughout the year and has been conducted in full compliance with Offer Period regulations. In addition, our brokers have undertaken investor surveys following the half-year results, and the findings were presented and discussed at a Board meeting. Our objective is to maintain open, transparent, and meaningful dialogue with our shareholders. Ensuring that the Directors’ remuneration packages align the Directors’ and senior managers’ interests with the long-term interests of NCC Group and its shareholders is always a key area of interest for investors. The 2024 Directors’ Remuneration Policy received 89.61% of votes in favour at the 2025 AGM, and it was pleasing that our 2024 Directors’ Remuneration Report received 80.33% of votes in favour, recognising the continued appreciated support of our shareholders for our approach to executive remuneration.
Statement of compliance with the UK Corporate Governance Code The Company measures itself against the requirements of the UK Corporate Governance Code 2018 (the “Code”), which is available on the Financial Reporting Council website (www.frc.org.uk). I can confirm that the Board has applied the principles and complied with the provisions of the UK Corporate Governance Code 2018 throughout the year to 30 September 2025 other than the fact that we have not undertaken a formal Board and Committee evaluation for the reasons explained earlier. Thank you We are immensely proud of our colleagues for their continuing extraordinary efforts, always acting in the best interests of our customers and our stakeholders. I would like to thank all our colleagues for their incredible contribution in stepping up and meeting the challenges that the Group has faced over the past year.
Chris Stone Non-Executive Chair 11 December 2025
NCC Group plc — Annual report and accounts for the year ended 30 September 2025 60
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