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Update re FCA Motor Finance redress scheme

Secure Trust Bank PLC has acknowledged the Financial Conduct Authority's final details regarding an industry-wide redress scheme for UK motor finance commissions. The bank is currently reviewing the scheme's implementation requirements and potential financial implications, and will provide further market updates as necessary. Disclaimer*

Secure Trust Bank PlcMarch 31, 20265
Update re FCA Motor Finance redress scheme

About this update from Secure Trust Bank Plc

Secure Trust Bank PLC 31 March 2026 For immediate release   SECURE TRUST BANK PLC Update relating to FCA Motor Finance redress scheme   Secure Trust Bank PLC ("STB" or the "Group") notes the publication yesterday evening of the final details of the Financial Conduct Authority's ("FCA") industry-wide redress scheme relating to UK motor finance commissions.   The Group is reviewing the details of the FCA's scheme, including the implementation requirements and financial implications. The Group will provide further updates to the market as appropriate.   Enquiries:   Secure Trust Bank PLC Ian Corfield, Chief Executive Officer Rachel Lawrence, Chief Financial Officer Phil Deakin, Strategy and Corporate Development Director Tel: 0121 693 9100   Investec Bank plc (Joint Broker) Christopher Baird David Anderson Maria Gomez de Olea Tel: +44 (0) 20 7597 5970   Shore Capital Stockbrokers (Joint Broker) Mark Percy / Sophie Collins (Corporate Advisory) Oliver Jackson / Ansh Batura (Corporate Broking) Tel: +44 (0) 20 7408 4090 Camarco Geoffrey Pelham-Lane, Amrith Uppuluri [email protected] Tel: +44 (0) 7733 124 226, +44 (0) 7763 083 058 About STB STB is an established, well ‐ funded and capitalised UK retail bank with a more than 70 ‐ year trading track record. STB operates principally from its head office in Solihull, West Midlands. The Group's diversified lending portfolio currently focuses on two sectors: (i) Business Finance through its Real Estate Finance and Commercial Finance divisions; and (ii) Consumer Finance through its V12 Retail Finance division, supported by its Savings division. Secure Trust Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Secure Trust Bank PLC, Yorke House, Arleston Way, Solihull, B90 4LH.

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