Direction for modification by consent of 5.1 to 5.3 and 5.5 of the Capital Buffers Part of the PRA Rulebook.

Section A

The PRA gives a direction under section 138A of the Financial Services and Markets Act, in the form set out in Section of this document, to:

A-Firm Name B-Firm Address C- Firm D-Date of Reference Direction Number

1. West Bromwich Building 2 Providence Place, 104877 20/01/2021 Society West Bromwich, B70 8AF 2. British Arab Commercial 8-10 Mansion House 204564 20/01/2021 Plc Place, , EC4N 8BJ 3. Gulf International Bank (UK) 1 Knightsbridge, 124772 20/01/2021 Limited London, SW1X 7XS 4. Dudley 7 Harbour Buildings, 161294 20/01/2021 The Waterfront, Brierley Hill, DY5 1LN 5. 90 Bartholomew 206077 20/01/2021 Street, Newbury, Berkshire, RG14 5EE 6. United National Bank Limited 2 Brook Street, 207381 20/01/2021 London, W1S 1BQ 7. Gatehouse Bank Plc The Helicon, 1 South 475346 20/01/2021 Place, London EC2M 2RB 8. & Co Arbuthnot House, 7 143336 20/01/2021 Limited Wilson Street, London EC2M 2SN 9. Scottish Building Society SBS House, 206034 20/01/2021 193 Dalry Road, Edinburgh, EH11 2EF 10. Hampden & Co Plc 9 Charlotte Square, 606934 20/01/2021 Edinburgh, EH2 4DR 11. Crown Agents Bank Limited Crown Agents Bank, 204456 20/01/2021 Quadrant House, The Quadrant, SM2 5AS 12. JN Bank UK Ltd 410 Brixton Road, 832786 20/01/2021 London, SW9 7AW 13. 7 Belton Road, 162090 20/01/2021 Silsden, BD20 0EE 14. Bank of China (UK) Limited 1 , London 467410 20/01/2021 EC2R 7DB

15. Tesco Personal Finance Plc 2 South Gyle 186022 20/01/2021 Crescent, Edinburgh, EH12 9FQ 16. United Bank for Africa (UK) Limited36 Queen Street, 695048 20/01/2021 London, EC4R 1BN

17. 6-20 Russell Street, 206050 20/01/2021 Nelson, BB9 7NJ 18. Nomura International Plc 1 Angel Lane, London, 124422 20/01/2021 EC4R 3AB 19. Nomura Bank International 1 Angel Lane, London, 204419 20/01/2021 Plc EC4R 3AB 20. TSB Bank plc 20 Gresham Street, 191240 20/01/2021 London, EC2V 7JE 21. OneSavings Bank Plc Reliance House, 530504 20/01/2021 Sun Pier, Medway Street, Chatham, Kent, ME4 4ET 22. Charter Court Financial Broadlands, 494549 20/01/2021 Services Limited Wolverhampton, West Midlands, WV10 6TD 23. Limited Lutea House, 204574 20/01/2021 Warley Hill Business Park, Great Warley Brentwood, Essex CM13 3BE 24. Bank Ltd Broadwalk House, 730427 20/01/2021 5 Appold Street, London, EC2A 2AG 25. Bank Leumi (UK) plc 20 Stratford Place, 139217 20/01/2021 Marylebone, London, W1C 1BG 26. Bank of Beirut (UK) Ltd 66 , 219523 20/01/2021 London, EC4N 6AE 27. ICBC Standard Bank Plc 20 Gresham Street, 124823 20/01/2021 London, EC2V 7JE 28. Sonali Bank (UK) Limited 29-33 Osborn Street, 207518 20/01/2021 London, E1 6TD 29. Close Brothers Limited 10 Crown Place, 124750 20/01/2021 London, EC2A 4FT 30. Market Harborough Building Welland House, 15-17 206041 20/01/2021 Society The Square, Market Harborough, LE16 7PD 31. Union Bank of India (UK) Senator House, 85 601551 20/01/2021 Limited Queen Victoria Street, London, EC4V 4AB

32. Investec Bank PLC 30 Gresham Street, 172330 20/01/2021 London, EC2V 7QP 33. Wesleyan Bank Limited Colmore Circus, 165116 20/01/2021 , West Midlands, B4 6AR 34. PCF Bank Limited Pinners Hall, 747017 20/01/2021 105-108 Old , London, EC2N 1ER 35. Melton Mowbray Building Road, 106184 20/01/2021 Society Melton Mowbray Leicestershire, LE13 0DB 36. BFC Bank Limited 9th Floor, South 716167 20/01/2021 Quay Building, 77 Marsh Wall, London E14 9SH 37. Tipton & Coseley Building 70 Owen Street, 159601 03/02/2021 Society Tipton, West Midlands, DY4 8HG 38. Morgan Stanley & Co. 25 , 165935 03/02/2021 International Plc London, E14 4QA 39. Morgan Stanley Bank , 195430 03/02/2021 International Limited London E14 4QW 40. ICICI Bank UK Plc 1 Thomas More 223268 03/02/2021 Square, London, E1W 1YN 41. Bank of the Philippine 28-29 Threadneedle 455378 03/02/2021 Islands (Europe) PLC Street, London EC2R 8AY 42. Turkish Bank (UK) Ltd 84-86 Borough High 204566 03/02/2021 Street, London, SE1 1LN 43. The Chorley and District Key House, Foxhole 206023 03/02/2021 Building Society Road, Chorley, Lancashire PR7 1NZ 44. plc 25 Gresham Street, 119278 03/02/2021 London, EC2V 7HN 45. plc The Mound, Edinburgh 169628 03/02/2021 Midlothian, EH1 1YZ 46. Brown Shipley & Co Limited 2 , London, 124548 03/02/2021 EC2R 6AG 47. (UK) Plc One Temple Quay, 512956 03/02/2021 Bristol, Avon BS1 6DX 48. Monmouthshire Building John Frost Square 206052 03/02/2021 Society Newport, Gwent NP20 1PX 49. DF Capital Bank Limited 196 Deansgate 848291 03/02/2021 M3 3WF

50. China Construction Bank 111 Old Broad Street 481877 03/02/2021 (London) Limited London EC2N 1AP 51. Bank plc Apex Plaza, Forbury 204503 03/02/2021 Road, Reading RG1 1AX 52. Bank Plc , 122702 03/02/2021 London, E14 5HP 53. Barclays Capital Securities One Churchill Place, 124431 03/02/2021 Limited London, E14 5HP 54. Barclays Bank UK PLC One Churchill Place, 759676 03/02/2021 London, E14 5HP 55. Nationwide Building Society Nationwide House 106078 03/02/2021 Pipers Way Swindon Wiltshire SN38 1NW 56. CAF Bank Ltd 25 Kings Hill Avenue, 204451 03/02/2021 West Malling, Kent ME19 4JQ 57. Bank Mandiri (Europe) 4 Thomas More 204424 03/02/2021 Limited Square, London E1W 1YW 58. OakNorth Bank plc 57 Broadwick Street, 629564 03/02/2021 London, W1F 9QS 59. Teachers Building Society Allenview House, 156580 03/02/2021 Hanham Road, Wimborne, Dorset, BH21 1AG 60. Kexim Bank (UK) Ltd 3rd Floor, Moorgate 204490 03/02/2021 Hall, London EC2M 6XB 61. Bank 1 Basinghall Avenue, 114276 03/02/2021 London, EC2V 5DD 62. HBL Bank UK Limited 9 Portman Street, 188585 03/02/2021 London, W1H 6DZ 63. Bank Sepah International plc 5-7 , 208019 03/02/2021 London, EC3M 1JT 64. MUFG Securities MEMA Plc Ropemaker Place, 124512 03/02/2021 25 Ropemaker Street, London. EC2Y 9AJ 65. National Westminster Bank 250 , 121878 03/02/2021 plc London, EC2M 4AA 66. The 36 St. Andrew Square 114724 03/02/2021 Plc Edinburgh, Midlothian EH2 2YB 67. & Company 440 Strand, London 122287 03/02/2021 WC2R 0QS

68. Ltd 11-16 Donegall 122315 03/02/2021 Square East, BT1 5UB 69. Natwest Markets Plc 36 St Andrew Square, 121882 03/02/2021 Edinburgh, EH2 2YB 70. Credit Suisse International One Cabot Square, 146702 03/02/2021 London, E14 4QJ 71. Credit Suisse Securities One Cabot Square, 124611 03/02/2021 (Europe) Ltd London, E14 4QJ 72. TD Bank Europe Limited 60 Threadneedle 165556 03/02/2021 Street, London, EC2R 8AP 73. SMBC Bank International plc 99 Queen Victoria 223304 03/02/2021 Street, London, EC4V 4EH 74. International 25 Shoe Lane 142888 03/02/2021 London EC4A 4AU 75. Goldman Sachs International 25 Shoe Lane, London 124659 03/02/2021 Bank EC4A 4AU

76. Lloyds Bank Corporate 25 Gresham Street, 763256 03/02/2021 Markets London, EC2V 7HN 77. Bank Mandiri (Europe) Thomas More Street, 204424 03/02/2021 Limited London, E1W 1YW 78. RBC Europe Limited . 124543 03/02/2021 London. EC2N 4AA 79. Westpac Europe Ltd 23 Camomile St. 447161 03/02/2021 London, EC3A 7LL 80. Cambridge & Counties Bank 5B New Walk, 579415 03/02/2021 Limited Leicester, Leicestershire, LE1 6TE 81. EFG Limited Leconfield House, 144036 03/02/2021 Curzon Street, London W1J 5JB 82. Hampshire Trust Bank plc 55 Bishopsgate, 204601 03/02/2021 London, EC2N 3AS 83. The Co-operative Bank PLC 1 Balloon Street, 121885 03/02/2021 Manchester, M60 4EP 84. Zenith Bank (UK) Limited 39 Cornhill, London, 451720 03/02/2021 EC3V 3ND 85. Newcastle Building Society , 156058 03/02/2021 New Street, Newcastle upon Tyne Tyne and Wear, NE1 8AL 86. Buckinghamshire Building High Street, Chalfont 206022 03/02/2021 Society St. Giles,

Buckinghamshire, HP8 4QB 87. QIB (UK) Plc 43 Grosvenor Street, 466577 03/02/2021 London, W1K 3HL 88. Yorkshire Building Society Yorkshire House, 106085 03/02/2021 Yorkshire Drive, Bradford, West Yorkshire, BD5 8LJ 89. Progressive Building Society 33-37 Wellington 161841 03/02/2021 Place, Belfast, County Antrim BT1 6HH 90. Plc 30 St. Vincent Place 121873 03/02/2021 , Strathclyde G1 2HL 91. Leek United Building Society 50 St Edward Street, 100014 03/02/2021 Leek, Staffordshire, ST13 5DH 92. The Bank of New York 1 , 183100 03/02/2021 Mellon (International) Limited London, E14 5AL 93. Ahli United Bank (UK) Plc 35 Portman Square, 131818 03/02/2021 London, W1H 6LR 94. Citibank UK Limited 25 Canada Square, 805574 03/02/2021 , London, E14 5LB 95. PLC Rivergreen Centre, 661960 03/02/2021 Aykley Heads, County Durham, DH1 5TS 96. Citigroup Global Markets Citigroup Centre, 124384 03/02/2021 Limited 25 Canada Square, London, E14 5LB 97. Recognise Bank Limited The Royal Exchange, 849404 03/02/2021 London EC3V 3DG 98. Axis Bank UK Limited 4 Chiswell Street, 577452 03/02/2021 London, EC1Y 4UP 99. Tandem Bank Limited 40 Bernard Street, 204479 03/02/2021 London, WC1N 1LE 100. 1A Market Place, 100015 03/02/2021 Saffron Walden, Essex, CB10 1HX 101. The Mansfield Building , 206049 03/02/2021 Society Mansfield, Nottinghamshire, NG18 1SS 102. Zopa Bank Limited Cottons Centre, 800542 03/02/2021 Tooley Street, London SE1 2QG

103. Coventry Building Society Economic House, 150892 03/02/2021 High Street Coventry West Midlands CV1 5QN 104. Hanley Economic Building Granville House 206024 03/02/2021 Society Festival Park Stoke-on-Trent Staffordshire ST1 5TB 105. Sainsbury’s Bank plc 3 Lochside Avenue 184514 03/02/2021 Edinburgh Midlothian EH12 9DJ 106. Macquarie Bank International 28 Ropemaker Street, 471080 03/02/2021 Ltd London, EC2Y 9HD 107. Triodos Bank UK Limited Deanery Road, Bristol 817008 03/02/2021 BS1 5AS 108. Castle Trust Bank Plc 42, 25 Old 541910 03/02/2021 Broad Street, London EC2N 1HQ 109. Mizuho International Plc 30 , London, 119256 03/02/2021 EC4M 7AU 110. State Bank of India (UK) 15-17 King Street, 757156 03/02/2021 Limited London, EC2V 8EA 111. Julian Limited Central Square, 204439 03/02/2021 CF10 1FS 112. Alliance Trust Savings 8 West Marketgait 116115 03/02/2021 Limited Dundee, Angus DD1 9YP 113. Scotiabank Europe Plc 201 Bishopsgate, 204425 03/02/2021 London, EC2M 3NS 114. Cumberland Building Society Cumberland House, 106074 03/02/2021 Cooper Way, Carlisle, Cumbria, CA3 0JF 115. The Bailey, Skipton, 153706 03/02/2021 North Yorkshire, BD23 1DN 116. AIB Group (UK) Plc St Helen’s, 1 122088 03/02/2021 Undershaft, London, EC3A 8AB 117. Building Society 105 Albion Street, 164992 17/02/2021 Leeds, West Yorkshire LS1 5AS 118. National Bank of Kuwait N B K House, 13 171532 17/02/2021 (International) Plc George Street, London W1U 3QJ 119. Jordan International Bank Almack House, 183722 17/02/2021 26-28 King Street, SW1Y 6QW 120. Principality Building Society Queen Street, Cardiff, 155998 17/02/2021 South Glamorgan, CF10 1UA 121. HSBC Bank plc , 114216 17/02/2021 London, E14 5HQ

122. Loughborough Building 6 High Street, 157258 17/02/2021 Society Loughborough, Leicestershire, LE11 2QB 123. Bank of Ceylon (UK) Limited 1 Devonshire Square, 514744 17/02/2021 London, EC2M 4WD 124. Harpenden Building Society Mardall House, 10/03/2021 9-11 Vaughan Road, Harpenden, Herts, AL5 4HU 125. Hinckley and Rugby Building Upper , 206043 10/03/2021 Society Hinckley, Leicestershire, LE10 1NZ 126. Darlington Building Society Sentinel House, 205895 10/03/2021 Morton Road, Darlington, County Durham, DL1 4PT 127. GH Bank Limited Bevis Marks House, 845011 10/03/2021 24 Bevis Marks, London, EC3A 7JB 128. 7 King Street, Penrith, 164473 10/03/2021 Cumbria, CA11 7AR 129. Manchester Building Society Beaver House, 125 206048 10/03/2021 Portland Street, Manchester, M1 4QD 130. RCI Bank UK Ltd Rivers Office Park, 815220 10/03/2021 Denham Way, Rickmansworth, WD3 9YS 131. Chetwood Financial Limited Ellice Way, Wrexham 740551 10/03/2021 Technology Park, Wrexham, LL13 7YT

Section B

Power 1. This Direction is given by the Prudential Regulation Authority (“PRA”) under section 138A of the Financial Services and Markets Act 2000.

Duration 2.1 This Direction (i) takes effect on the date stated in column D of the relevant row in the table in Section A of this document, and (ii) remains in force for a period of 5 years or, if earlier, until superseded by a further Direction relating to the same subject matter. 2.2 Unless otherwise stated in this Direction, any italicised expression used in this Direction has the same meaning as in the Part of the PRA Rulebook to which it relates.

Rules modified

3. The PRA directs that 5.1 to 5.3 and 5.5 of the Capital Buffers Part of the PRA Rulebook apply to the firm with the modifications shown below (new text underlined):

5 Application on an Individual and Consolidated Basis

Application on an individual basis

5.1 This Part except for Chapter 4[1] applies to a firm on an individual basis whether or not it also applies to the firm on a consolidated basis or sub-consolidated basis.

Application on a consolidated basis

5.2 A firm which is a UK parent institution must comply with this Part except for Chapter 4[2] on the basis of its consolidated situation.

5.3 A PRA approved parent holding company, a PRA designated parent holding company, a PRA designated intermediate holding company or a PRA designated institution responsible for meeting CRR requirements on a consolidated basis must comply with this Part except for Chapter 4[3] on a consolidated basis.

…

Sub-consolidation in cases of entities in third countries

5.5 A firm, a PRA approved intermediate holding company, a PRA designated intermediate holding company, a PRA designated parent holding company or a PRA designated institution responsible for meeting CRR requirements on a sub-consolidated basis that is a subsidiary must apply this Part except for Chapter 4[4] on a sub-consolidated basis if the firm, or the parent undertaking where it is a financial holding company or mixed financial holding company, has an institution or financial institution as a subsidiary in a third country or holds a participation in such an institution or financial institution.

[1] This modification applies where a Pillar 2A requirement or an O-SII buffer has been imposed on the firm on an individual basis. [2] This modification applies where a Pillar 2A requirement, a G-SII buffer or an O-SII buffer has been imposed on the firm on a consolidated basis. [3] This modification applies where a Pillar 2A requirement, a G-SII buffer or an O-SII buffer has been imposed on the firm on a consolidated basis. [4] This modification applies where a Pillar 2A requirement or an O-SII has been imposed on the firm on a consolidated basis.