Strategic Shareholder Climate and Risk Financial Financial Barclays PLC 150 report information sustainability report Governance review review statements Annual Report 2022 Directors’ report: Our Governance Framework (continued) Corporate Governance How the Board discharged its responsibilities in 2022 Operating Manual Our Corporate Governance Operating Manual sets out how the Group’s entities (and their respective Boards and Board Committees) should interact with each other, while also providing guidance and clarity for management and Directors as to how these relationships and processes should work in practice. This is a dynamic document that continues to evolve with the changing nature of the Group. The role of the Board The BPLC Board sets the purpose, strategic direction and risk appetite for the Group and is the ultimate decision-making body for matters of Group-wide strategic, financial, regulatory or reputational significance. We partially consolidated and streamlined the membership of the BPLC and BBPLC Boards in 2019, to improve coordination and efficiency while reducing complexity and unnecessary duplication. As a result, membership of the BBPLC Board is a subset of the BPLC Board, with all members of the BPLC Board (except the SID, Chair of BBUKPLC and at least one other Non-Executive Director) also serving on the Board of BBPLC. We believe that having members of the BPLC Board serve as the Chairs of some of the Group’s main subsidiaries supports improved coordination, efficiency and escalation, whilst enabling an appropriate focus on matters relevant to each entity. Spotlight Board members also participated in • the Group Chief Executive held Board engagement events with other stakeholders. engagement sessions with with stakeholders These engagements bring valuable colleagues, including quarterly The Board strongly believes in the value outside perspectives to the Board. Group results town halls, Business of engaging directly with our stakeholders and Function town halls, and Other Board engagement with and in 2022 Board members continued to Employee Resource Group stakeholders in 2022 included: engage with our shareholders, including sessions extensive engagement by our Chairman • a site visit to the Barclays Radbroke • the Group Finance Director and SID ahead of the 2022 AGM. The campus to meet colleagues and participated in colleague events, Chairman also met with institutional explore first-hand their skills, including during Multi-Generational investors throughout the course of the experience and career aspirations Week and Women in Junior year, and the Group Chief Executive and • the Board held a reception with Banking events. She also met with Group Finance Director held briefings senior female leaders in New York, environmentally-focused with investors at each set of quarterly together with members from the companies that Barclays is results. Boards of Barclays US LLC and supporting The Board recognises that our colleagues Barclays Bank Delaware • Mohamed A. El-Erian, Dawn are critical to our success, and our • the Chairman, Tim Breedon and Fitzpatrick and Brian Gilvary continued investment in them protects Crawford Gillies facilitated a Lifeskills participated in various colleague and strengthens our culture. In addition workshop at a London school and client events. to receiving formal updates about colleague engagement and sentiment, Further information about how we engage with + the Board also met colleagues to hear stakeholders can be found in the Strategic Report on pages 21 to 22. their feedback at various events held during the year.