Business
Foxtons : Approved Foxtons Group Plc Deferred Bonus Plan Rules
Foxtons : Approved Foxtons Group Plc Deferred Bonus Plan
About this update from Foxtons Group Plc
Foxtons Group Plc The Foxtons Group Plc Deferred Bonus Plan Shareholder approval: 07 May 2026 Plan expires: 07 May 2036 PricewaterhouseCoopers LLP, 1 Embankment Place, London, WC2N 6RHT: +44 (0) 20 7583 5000, F: +44 (0) 20 7822 4652,www.pwc.co.uk PricewaterhouseCoopers LLP is a limited liability partnership registered in England with registered number OC303525. The registered office of PricewaterhouseCoopers LLP is 1 Embankment Place, London WC2N 6RH.PricewaterhouseCoopers LLP is authorised and regulated by the Financial Conduct Authority for designated investment business. The Foxtons Group Plc Deferred Bonus Plan 2026 Table of contents Grant of Awards 1 Plan limits 2 Award Price 3 Conditions 3 Malus 4 Clawback 4 Vesting of Awards (and exercise of Options) 7 Vesting of Awards (and exercise of Options) in special circumstances 9 Takeover and other corporate events 10 Exchange of Awards 12 Lapse of Awards 13 Adjustment of Awards on Reorganisation 13 Tax and social security withholding 14 Rights and listing of Plan Shares 14 Relationship of the Plan to contract of employment 14 Administration of the Plan 15 Amendment of the Plan 16 Notices 16 Governing law and jurisdiction 17 Interpretation 17 Grant of Awards Deferral of Bonus and Award Subject to the Rules, the Board will in its absolute discretion decide whether the Plan shall be operated for any particular Financial Year, the identity of any potential Award Holder and the terms of their participation. After the beginning of the performance period to which an Eligible Employee's Bonus relates, but before the amount of the individual's Bonus has been determined, the Board shall, in its absolute discretion, determine the percentage (which may be nil) of an Eligible Employee's Bonus which will be paid in cash and the percentage (which may be nil) which will be delivered in the form of an Award. At or as soon as practicable after the end of the performance period to which a Bonus relates, the Board will determine the number of Plan Shares over which the Award shall be granted. Where the Company has in place a Directors' Remuneration Policy approved by the Company in general meeting, the terms of an Award to be granted to an individual who is or was a director of the Company must fall within the scope of the Directors' Remuneration Policy most recently approved by the Company in a general meeting or as otherw...