4/22/2021 Gateway - SCS Mock 1 Debrief Mock 1 + Tosk 3 - Director Retirement, Nomination Committee & planned divestment of shares (up to 20%) (© Peter Plant - First Financial Training Gateway - SCS Mock 1 Debrief Resignation of NED Introduction NEDs normally initially serve for « period of three years, seeking re-election for a further three. before eventually gaing on to annval retirement by rotation. Martin Harris joined the board in 2018 and upon his retirement he will have served 3 years, His resignation appears to be unexpected, but sufficient notice hes been given to enable Arrfield's Nomination Committee to ‘commence the search for a suitable replacement. ‘The Nomination Committee will need to commence the process of finding a suitable replacement relatively soon, Arrfield's Nomination Committee should use this opportunity to enhance and enrich the pool of talent at board level (© Peter Plant - First Financial Training 12