Diversity Statement

Diversity Statement

Pension Insurance Corporation Group (PIC Group) believes that its success is rooted in the diverse nature of the environment in which it operates and is dependent on PIC Group’s ability to leverage differences, collective experiences, variety of backgrounds, talents, skills and knowledge. PIC Group also recognises and values the benefits that diversity can bring to its Boards.

The Boards of Pension Insurance Corporation plc (PIC) and Pension Insurance Corporation Group Limited (PICG) believe that diversity, in its broadest sense including gender, social, educational and ethnic backgrounds, age, disability, sexual orientation, skills, experience and diversity of thought and personal attributes, is crucial in providing a range of insights needed to support good decision making and successful delivery of PIC Group’s business strategy.

The PIC and PICG Boards have adopted the Board Diversity Policy in which they have committed themselves to agree measurable objectives for achieving diversity on the Boards and to actively work towards the target of at least five directors meeting diversity criteria, including gender, social, educational and ethnic backgrounds, age, disability, sexual orientation, skills, experience and diversity of thought and personal attributes, of whom at least three should be female representatives on the PIC and PICG Boards over time where that is consistent with other skills and diversity requirements.

Jon Aisbitt

Chairman of Pension Insurance Corporation plc

Date: 2021