Strategic Shareholder Climate and Risk Financial Financial Barclays PLC 225 report information sustainability report Governance review review statements Annual Report 2022 Remuneration report (continued) The table below summarises performance against the personal objectives for the Group Finance Director, which were originally set for Tushar Morzaria but also applied to Anna Cross after she succeeded him in that role. Objectives for the Group Finance Director Outcomes Continue to optimise financial • Enhancements made to delivery of quarterly results, providing more granular performance management and reporting commentary, greater transparency on notable items and more accessible narrative (particularly through • Leveraged technology to enhance the delivery of financial management reporting, increase technology) to drive benefits efficiency and automation across the Group Continue to progress the • Liquidity Transformation delivered, resulting in greater automation, accelerated reporting, transformation of the improved controls, and improved liquidity buffer management Treasury function, including • Successful delivery of the Bank of England-mandated programme to ensure Barclays is able to strategic treasury and liquidity manage its funding and liquidity in a resolution scenario, commented on in the Bank of England UK platforms bank resolvability assessment as ‘above peers’ Oversee the effective • Control Environment and Management Control Approach overall rated satisfactory in 2022 management of the risk and • Strong personal contribution to the response and remediation of the Over-issuance of Securities controls agenda across Group • The risk-free rates transition is in progress with USD LIBOR exposures decreasing throughout 2022 Finance, Strategy, Tax and Treasury Retain focus on the colleague • High level of colleague engagement across Finance, at 85% (2021: 82%) agenda across Group Finance, • Strong progress again this year against three key areas of people focus: Diversity, Equity & Strategy, Tax and Treasury, Inclusion; Skills for the Future; and Operational Efficiency & Ways of Working driving employee • Continued focus on embedding the Barclays Mindset with positive increases on all three indices: engagement, continuing to Empower at 89% (2021:86%); Challenge at 85% (2021:83%); and Drive at 87% (2021:84%) improve diversity, developing senior talent and succession planning Effectively manage • Established effective and open relationships with regulators and the investment community relationships with key external stakeholders including regulators and investors The Committee recognised the high level of achievement during 2022 against these objectives. Anna Cross stepped into the Group Finance Director role as a natural successor, considering the skills and relevant experience that she brings, and the Committee’s assessment was that during 2022 she provided strong leadership in this critical role. She performed exceptionally well in her first eight months as Group Finance Director and was instrumental in the delivery against both the personal objectives set for the Group Finance Director and those shared with the Group Chief Executive. Based on her contribution to those achievements, the Committee assessed that an outcome of 13% out of a maximum of 15% was appropriate. The Committee separately assessed Tushar Morzaria’s contribution in the earlier part of 2022 to the achievement against these same objectives, noting his strong contribution throughout his tenure as Group Finance Director, including over the last few months in this role. His key achievements in 2022 in relation to his Executive Director role included supporting a highly effective transition of responsibilities to Anna, positioning her well to succeed him as part of a clear and effective internal succession plan, and the contributions he made from the beginning of 2022 through the delivery of full-year results for 2021 and Q1 results for 2022. Based on his contribution to the achievements against the personal objectives above, the Committee assessed that an outcome of 12% out of a maximum of 15% was appropriate. 5) Vesting of the 2020-2022 LTIP cycle The LTIP value included in the single total figure for 2022 for Tushar Morzaria is based on the amount that will be released on 8 March 2023 in relation to the 2020-2022 LTIP award granted in 2020. The value that will vest has been estimated using the Q4 2022 average share price of £1.5315. Release is dependent on, among other things, performance over the period from 1 January 2020 to 31 December 2022, with straight-line vesting applied between the threshold and maximum points for the financial measures. The performance achieved against the performance targets is shown in the table that follows. No LTIP awards were granted to C.S. Venkatakrishnan and Anna Cross in 2020 as they were not Executive Directors at that time.