Compliance statements and remuneration policy

The fifth Capital Requirements Directive (CRD V) requires an institution such as NatWest Group to include a compliance statement on its website in relation to certain articles contained in the Directive. The document below sets out how NatWest Group complies with the requirements relating to governance, remuneration and reporting.

Section 172(1) of the Companies Act 2006 is one of the statutory duties that directors have and requires them to promote the success of the company for the benefit of shareholders as a whole while taking into account the interests of other stakeholders and, in so doing, have regard to the matters set out in Section 172(1)(a) to (f) of the Companies Act 2006. Certain companies within the NatWest Group need to include a statement (a Section 172(1) Statement) within their Annual Report explaining how the directors have had regard to these matters. The document below sets out the Section 172(1) Statements for the relevant subsidiaries of NatWest Group plc.