Prudential plc announced the Mr. Saunders hasextensive knowledge of the insurance industry and Asia markets having been employed in the industry for 35 years, with the last 30 of those based in Hong Kong and is a qualified actuary. From 2014 to 2022 he served on the executive committee of AIA Group Ltd. as Chief Strategy and Corporate Development Officer. He previously spent over 16 years at Tillinghast (now Willis Towers Watson) where he led a large number of actuarial appraisal value assessments of insurers across 20 markets in Asia Pacific, ultimately becoming leader of the Hong Kong business.

David Law, member of the Board since September 2015 and Chair of the Audit Committee since May 2017, will retire from the Board at the conclusion of the Annual General Meeting ("AGM") on 23 May 2024 and will therefore not be seeking re-election. Jeanette Wong will succeed Mr. Law as Chair of the Audit Committee with effect from 20 March 2024, following the publication of the Group's 2023 full year results. Ms Wong has been a member of the Audit Committee since joining the Board in May 2021.

Shriti Vadera, Chair of Prudential plc, will join the Remuneration Committee as a member with effect from the conclusion of the AGM.