accountancy daily july 2020 BRIEFING FTSE 250 auditors survey Q

Company (£000s) Auditor Audit Audit Non Total Audit Audit Non Total Audit Fee 3-yr Tenure Year end fee related audit fees fee related audit fees Fee +/- % ave 2019 fee fee 2019 2018 fee fee 2018 +/- NAS 2019 2019 2018 2018 % % Deloitte 350 0 65 415 300 0 66 366 17% 19% 19% 2018 31/03/20 Group1 EY 220 0 11 231 164 0 0 164 35% 5% 3% 2019 31/12/19 Aberforth Smaller Co Tst Deloitte 22 0 0 22 25 0 0 25 -12% 0% 0% 2013 31/12/19 AG Barr Deloitte 148 25 0 173 122 24 22 168 21% 0% 14% 2018 26/01/20 KPMG 1,442 48 3 1,493 1,361 43 3 1,407 6% 0% 0% 2016 31/12/19 Airtel Africa2 Deloitte 25 0 0 25 25 0 0 25 0% 0% 0% 2019 31/03/19 AJ Bell3 KPMG 265 84 116 465 119 81 611 811 123% 44% 157% 2009 30/09/19 Alliance Trust4 Deloitte 49 0 5 54 54 0 5 59 -9% 10% 25% 2011 31/12/19 Grant Thornton 36 0 0 36 37 0 0 37 -3% 0% 0% 1996 31/12/19 KPMG 108 0 59 167 99 0 65 164 9% 55% 62% 2015 31/12/19 Ascential5 KPMG 700 0 0 700 700 0 100 800 0% 0% 5% 2010 31/12/19 KPMG 500 0 300 800 400 0 100 500 25% 60% 46% 2006 30/06/19 Assura Deloitte 200 0 0 200 200 0 100 300 0% 0% 33% 2012 31/03/20 LGH6 EY 500 0 100 600 500 0 1,900 2,400 0% 20% 239% 2019 31/12/19 Avast7 EY 902 0 82 984 1,066 0 4,016 5,082 -15% 9% 132% 2007 31/12/19 AVI Global Trust plc KPMG 28 0 7 35 25 0 8 33 12% 25% 29% 2017 30/09/19 Avon Rubber8 KPMG 200 0 0 200 200 0 0 200 0% 0% 0% 2019 30/09/19 B&M European Retail VAlue KPMG 440 0 82 522 354 0 99 453 24% 19% 24% 2017 30/03/19 1 Group PwC 600 1,900 0 2,500 2,200 200 100 2,500 -73% 0% 4% 2002 31/03/19 Baillie Gifford Japan Trust9 KPMG 21 0 0 21 21 0 0 21 0% 0% 0% 2018 31/08/19 Bakkavor10 PwC 600 0 200 800 500 0 100 600 20% 33% 80% 2019 31/12/19 KPMG 2,900 400 0 3,300 2,600 400 0 3,000 12% 0% 1% 2016 31/12/19 Bank of Georgia EY 348 157 0 505 371 83 1,182 1,636 -6% 0% 71% 2012 31/12/19 EY 28 0 3 31 26 0 2 28 8% 11% 8% 2016 31/10/19 BBGI SICAV SA KPMG 195 60 0 255 182 55 0 237 7% 0% 0% 2011 31/12/19 Beazley11 EY 984 574 410 1,967 820 492 738 2,049 20% 42% 68% 2019 31/12/19 KPMG 225 0 0 225 204 0 4 208 10% 0% 1% 1979 31/07/19 Deloitte 900 100 0 1,000 800 100 0 900 13% 0% 0% 2017 29/03/19 KPMG 215 33 0 248 188 30 0 218 14% 0% 9% 2018 31/03/19 Blackrock Smaller Co Trust PwC 27 0 6 33 27 0 3 30 0% 22% 15% 2016 28/02/19 BlackRock World Mining Trust PwC 36 0 7 43 33 0 7 40 9% 19% 20% 2016 31/12/19 BMO Comm Property Trust PwC 85 17 0 102 69 16 0 85 23% 0% 0% 2016 31/12/19 BMO Glbl Smaller Companies12 PwC 36 0 0 36 36 0 0 36 0% 0% 0% 1889 30/04/19 Bodycote13 PwC 1,100 100 100 1,300 900 100 0 1,000 22% 9% 4% 2019 31/12/19 Holdings14 Deloitte 478 233 139 850 386 251 175 812 24% 29% 40% 2002 30/09/19 EY 1,100 300 0 1,400 800 100 0 900 38% 0% 0% 2005 30/09/19 C&C EY 1,071 0 0 1,071 446 0 0 446 140% 0% 0% 2018 31/03/19 PwC 675 325 5 1,005 448 49 116 614 50% 1% 19% 2013 31/12/19 KPMG 800 0 200 1,000 600 0 200 800 33% 25% 33% 2011 31/03/19 KPMG 5,900 0 200 6,100 3,200 1,800 1,600 6,600 84% 3% 22% 2010 31/12/19 Capital & Counties Properties PwC 300 100 1,700 2,100 300 100 1,700 2,100 0% 567% 335% 2010 31/12/19 PwC 445 92 157 694 445 85 52 582 0% 35% 22% 2014 31/12/19 Chemring Group15 KPMG 600 100 0 700 500 0 100 600 20% 0% 9% 2019 31/10/19 Cineworld16 PwC 2,049 82 328 2,459 1,803 82 0 1,885 14% 16% 39% 2019 31/12/19 Clarkson PwC 555 55 0 610 518 64 14 596 7% 0% 4% 2009 31/12/19 PwC 1,400 500 100 2,000 1,700 300 200 2,200 -18% 7% 25% 2018 31/07/19 CLS Deloitte 500 0 0 500 400 0 100 500 25% 0% 14% 2007 31/12/19 Deloitte 1,721 0 410 2,131 1,803 0 328 2,131 -5% 24% 20% 2003 31/12/19 KPMG 889 62 8 959 772 50 158 980 15% 1% 18% 2015 31/12/19 ContourGlobal PwC 2,213 902 328 3,443 2,131 246 984 3,361 4% 15% 108% 2013 31/12/19 ConvaTec Deloitte 3,197 164 0 3,361 2,951 410 82 3,443 8% 0% 2% 2008 31/12/19 2

Notes Analysed data as of 22/05/2020. FTSE 250 Exchange rates £1=$1.22 £1= 1.12 1 EY replaced PwC y/e 2019 constituents as per 22/05/2020. Figures taken Fee (+/-): audit fees percentage change. 2 IPO July 2019. Audit gures from Ltd company from latest available annual reports NAS %: non audit to audit fee. accounts Reported in US$ 3-yr ave NAS%: three year average non 3 BDO will replace KPMG y/e 2020 Reported in euros audit to audit. 4 BDO will replace Deloitte y/e 2020

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Company (£000s) Auditor Audit Audit Non Total Audit Audit Non Total Audit Fee 3-yr Tenure Year end fee related audit fees fee related audit fees Fee +/- % ave 2019 fee fee 2019 2018 fee fee 2018 +/- NAS 2019 2019 2018 2018 % % Countryside PwC 500 100 100 700 300 100 100 500 67% 20% 30% 1997 30/09/19 Cranswick PwC 267 0 15 282 231 0 17 248 16% 6% 13% 2018 31/03/19 Holdings PwC 453 0 57 510 344 0 56 400 32% 13% 15% 2015 31/10/19 PwC 900 100 0 1,000 900 0 500 1,400 0% 0% 25% 2016 30/06/19 Derwent PwC 387 0 42 429 350 0 45 395 11% 11% 12% 2014 31/12/19 Diploma PwC 700 0 18 718 600 0 15 615 17% 3% 2% 2018 30/09/19 Direct Line Insurance Deloitte 2,000 100 200 2,300 1,900 100 700 2,700 5% 10% 17% 2000 31/12/19 Deloitte 1,600 0 400 2,000 1,600 0 400 2,000 0% 25% 22% 1987 30/04/19 Dominos Pizza Group17 PwC 700 0 100 800 800 0 200 1,000 -13% 14% 20% 2019 30/12/19 Deloitte 900 96 182 1,178 938 93 1,474 2,505 -4% 20% 71% 1999 31/12/19 PwC 160 0 20 180 120 0 15 135 33% 13% 11% 2014 29/06/19 Edinburgh Investment Trust18 KPMG 24 7 0 31 23 7 0 30 4% 0% 0% 1964 31/03/19 Edinburgh Worldwide Inv Trst EY 25 0 0 25 25 0 0 25 0% 0% 0% 2017 31/10/19 PwC 1,300 100 0 1,400 1,200 100 0 1,300 8% 0% 0% 2015 31/03/19 Deloitte 1,148 82 0 1,230 1,148 82 246 1,475 0% 0% 22% 2016 31/12/19 Oil & Gas EY 478 137 570 1,184 418 129 112 659 14% 119% 74% 2017 31/12/19 Equiniti PwC 600 0 300 900 500 0 300 800 20% 50% 64% 2010 31/12/19 PwC 1,800 200 0 2,000 1,400 200 0 1,600 29% 0% 0% 2017 31/12/19 2 Euromoney Instnl Investors PwC 1,543 121 134 1,798 1,147 123 84 1,354 35% 9% 12% 2015 30/09/19 European Opportunities Trust19 EY 35 0 41 76 34 0 0 34 3% 117% 63% 2000 31/05/19 F&C Investment Trust EY 109 0 0 109 94 0 9 103 16% 0% 3% 2016 31/12/19 FDM Group Holdings PwC 184 41 0 225 164 36 0 200 12% 0% 0% 2013 31/12/19 Ferrexpo20 MHA 1,143 0 0 1,143 2,466 123 6 2,595 -54% 0% 0% 2019 31/12/19 Fidelity China Special Situations EY 32 0 0 32 28 0 0 28 14% 0% 0% 2016 31/03/19 EY 29 0 0 29 25 0 0 25 16% 0% 0% 2016 31/12/19 EY 29 0 0 29 24 0 0 24 21% 0% 0% 2016 31/08/19 Finsbury Growth & Income Trust PwC 29 0 0 29 28 0 0 28 4% 0% 0% 2014 30/09/19 FirstGroup21 Deloitte 2,600 300 0 2,900 2,100 200 0 2,300 24% 0% 0% 1998 31/03/19 Foresight Solar Fund KPMG 180 0 0 180 160 0 0 160 13% 0% 0% 2014 31/12/19 Forterra EY 400 0 0 400 300 0 0 300 33% 0% 0% 2016 31/12/19 Frasers Group22 Grant Thornton 1,400 100 200 1,700 1,200 100 100 1,400 17% 14% 110% 2004 28/04/19 Future23 PwC 280 20 540 840 190 20 490 700 47% 193% 219% 1999 30/09/19 G4S PwC 8,000 0 1,000 9,000 8,000 0 1,000 9,000 0% 13% 17% 2015 31/12/18 PwC 217 0 14 231 188 0 50 238 15% 6% 12% 2005 03/06/19 Group BDO 698 167 1,528 2,393 335 100 239 674 108% 219% 171% 2014 31/12/19 GCP Infrastructure Investments KPMG 80 0 18 98 62 0 18 80 29% 23% 25% 2016 30/09/19 GCP Student Living EY 159 0 9 168 142 0 9 151 12% 6% 6% 2013 30/06/19 Genesis Emerging Mrkts Fund KPMG 39 0 0 39 43 0 0 43 -8% 0% 0% 2018 30/06/19 Genus Deloitte 800 0 100 900 800 0 100 900 0% 13% 21% 2006 30/06/19 Go-Ahead Group Deloitte 900 0 100 1,000 800 0 100 900 13% 11% 25% 2016 30/06/19 PwC 1,122 0 0 1,122 965 0 19 984 16% 0% 1% 2016 31/12/19 Grainger KPMG 335 35 275 645 241 32 175 448 39% 82% 64% 2015 30/09/19 Deloitte 251 77 0 328 225 75 0 300 12% 0% 0% 2003 31/03/20 Greencoat UK Wind BDO 90 4 23 117 77 4 0 81 17% 26% 9% 2012 31/12/19 Group24 Deloitte 750 0 0 750 872 0 471 1,343 -14% 0% 43% 2019 28/09/19 KPMG 165 0 15 180 164 0 15 179 1% 9% 8% 1984 31/12/19 GVC KPMG 1,900 300 100 2,300 2,300 200 400 2,900 -17% 5% 38% 2018 31/12/19 PwC 600 200 0 800 600 100 1,000 1,700 0% 0% 76% 2017 31/12/19 HarbourVest Glbl Private Equity EY 190 0 246 436 111 0 84 195 72% 129% 102% 2007 31/01/19 Hastings Group KPMG 500 100 100 700 400 100 100 600 25% 20% 23% 2015 31/12/19 Hays PwC 1,400 0 100 1,500 1,200 0 500 1,700 17% 7% 35% 2017 30/06/19 3

5 KPMG reappointed in 2019 10 PwC replaced Deloitte y/e 2019 15 KPMG replaced Deloitte y/e 2019 6 EY replaced KPMG y/e 2019 11 EY replaced KPMG y/e 2019 16 PwC replaced KPMG y/e 2019 7 IPO May 2018 12 BDO will replace PwC y/e 2020 17 PwC replaced EY y/e 2019 8 KPMG replaced PwC y/e 2019 13 PwC replaced Deloitte y/e 2019 18 PwC will replace KPMG y/e 2020 9 KPMG replaced PwC y/e 2018 14 EY will replace Deloitte y/e 2021 19 PwC will replace EY y/e 2020

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Company (£000s) Auditor Audit Audit Non Total Audit Audit Non Total Audit Fee 3-yr Tenure Year end fee related audit fees fee related audit fees Fee +/- % ave 2019 fee fee 2019 2018 fee fee 2018 +/- NAS 2019 2019 2018 2018 % % Deloitte 1,639 1,066 2,049 4,754 738 410 2,623 3,770 122% 125% 197% 2010 31/12/19 Henderson Smaller Co Inv Trst25 EY 29 0 0 29 30 0 0 30 -3% 0% 0% 2019 31/05/19 Herald Investment Trust26 PwC 31 0 0 31 23 0 0 23 35% 0% 0% 2019 31/12/19 HgCapital Trust Grant Thornton 102 0 0 102 68 0 0 68 50% 0% 0% 2017 31/12/19 HICL Infrastructure KPMG 700 0 100 800 600 0 200 800 17% 14% 26% 2006 31/03/19 Hill & Smith27 KPMG 1,100 0 0 1,100 1,000 0 200 1,200 10% 0% 10% 1999 31/12/19 PwC 490 0 72 562 422 0 78 500 16% 15% 55% 1994 31/12/19 PwC 110 0 80 190 n/a n/a n/a n/a n/a 73% 73% 2019 31/03/19 PwC 2,623 246 0 2,869 2,217 294 138 2,649 18% 0% 5% 2016 31/12/19 EY 598 53 3 655 489 43 7 540 22% 1% 4% 2006 31/12/19 Deloitte 950 52 0 1,002 856 45 9 910 11% 0% 15% 2002 31/03/19 Howden Joinery Group Deloitte 600 100 0 700 500 100 0 600 20% 0% 0% 2002 29/12/19 Hyve Group28 Deloitte 505 0 58 563 530 0 161 691 -5% 11% 21% 2002 30/09/19 Ibstock Deloitte 490 66 0 556 440 55 0 495 11% 0% 0% 2017 31/12/19 ICG Enterprise Trust29 EY 133 25 0 158 124 22 0 146 7% 0% 0% 2020 31/01/20 IG Group Holdings PwC 1,100 700 200 2,000 800 500 300 1,600 38% 18% 37% 2010 31/05/19 IMI EY 3,000 0 100 3,100 2,800 0 100 2,900 7% 3% 4% 2009 31/12/19 Impax Env Markets Trust30 BDO 27 0 0 27 28 0 0 28 -0% 0% 0% 2019 30/09/19 3 Inchcape Deloitte 3,500 100 200 3,800 2,900 100 400 3,400 21% 6% 8% 2018 31/12/19 IntegraFin Holdings BDO 161 0 100 261 133 0 592 725 21% 62% 216% 2014 30/09/19 International Public Partnership EY 461 11 24 496 461 11 42 514 0% 5% 17% 2011 31/12/19 Investec31 EY 7,131 1,018 2,087 10,236 7,490 820 630 8,940 -5% 29% 21% 2002 31/03/19 IP Group KPMG 333 40 9 382 244 32 9 285 36% 3% 5% 2014 31/12/19 IWG KPMG 3,500 0 100 3,600 3,200 0 0 3,200 9% 3% 2% 1975 31/12/19 James Fisher & Sons KPMG 1,400 0 0 1,400 800 0 0 800 75% 0% 0% 2008 31/12/19 JD Wetherspoon Grant Thornton 190 0 27 217 167 38 27 232 14% 14% 16% 2018 29/07/19 Deloitte 400 100 0 500 300 100 400 800 33% 0% 40% 2007 31/12/19 KPMG 5,492 328 82 5,902 5,738 246 82 6,066 -4% 1% 16% 2018 31/12/19 JP Morgan American Inv Trust Deloitte 32 15 0 47 26 0 0 26 23% 0% 4% 2006 31/12/19 JP Morgan Emerging Mkts Inv Trst32 PwC 32 0 0 32 32 0 0 32 0% 0% 1% 1991 30/06/19 JP Morgan Indian Inv Trust PwC 33 0 0 33 30 0 0 30 10% 0% 0% 2015 30/09/19 JP Morgan Japanese PwC 23 0 0 23 22 0 0 22 5% 0% 0% 2013 30/09/19 PwC 1,000 200 400 1,600 600 200 400 1,200 67% 40% 48% 2001 31/12/19 Just Group33 KPMG 1,200 710 313 2,223 1,010 653 1,377 3,040 19% 26% 68% 2006 31/12/19 Group Deloitte 102 16 0 118 89 16 0 105 15% 0% 0% 2012 31/03/19 KAZ Minerals KPMG 1,230 164 0 1,393 1,066 164 0 1,230 15% 0% 0% 2012 31/12/19 King sher Deloitte 1,900 100 200 2,200 1,700 100 300 2,100 12% 11% 13% 2009 31/01/19 KPMG 984 0 328 1,311 1,393 0 0 1,393 -29% 33% 9% 2017 31/12/19 Corp BDO 251 14 0 265 179 14 0 193 40% 0% 0% 2008 31/12/19 LondonMetric Property Deloitte 122 28 0 150 115 27 2 144 6% 0% 1% 2014 31/03/19 LXI REIT BDO 200 0 0 200 100 0 0 100 100% 0% 0% 2017 31/03/20 Deloitte 1,959 402 575 2,935 1,693 283 48 2,025 16% 29% 13% 2014 31/12/19 Marks & Spencer Group Deloitte 1,900 200 200 2,300 1,900 200 0 2,100 0% 11% 4% 2015 30/03/19 Marshalls Deloitte 228 0 20 248 203 0 44 247 12% 9% 14% 2015 31/12/19 Marstons34 PwC 300 100 0 400 300 100 0 400 0% 0% 0% 1963 28/09/19 McCarthy & Stone35 EY 230 50 0 280 230 35 2 267 0% 0% 0% 2019 31/10/19 PwC 2,400 400 200 3,000 2,400 400 200 3,000 0% 8% 13% 2016 31/03/19 Mercantile Investment Tst36 PwC 38 0 3 41 37 0 2 39 3% 8% 6% 1885 31/01/20 International KPMG 13,689 2,951 82 16,721 11,566 749 909 13,224 18% 1% 26% 2018 31/10/19 Mitchells & Butlers Deloitte 500 100 0 600 400 100 0 500 25% 0% 0% 2011 29/09/19 Moneysupermarket Group KPMG 300 0 40 340 200 0 30 230 50% 13% 14% 2004 31/12/19 4

20 MHA MacIntyre Hudson replaced Deloitte 24 Deloitte replaced KPMG y/e 2019 29 EY replaced PwC y/e 2020 y/e 2019 25 EY replaced PwC y/e 2019 30 BDO replace EY y/e 2019 21 PwC will replace Deloitte y/e 2021 26 PwC replaced EY y/e 2019 31 KPMG was paid £2.58m for audit, £0.47m for 22 RSM will replace GT y/e 2020 27 EY will replace KPMG y/e 2020 audit related and £1.81m for non-audit services 23 Deloitte will replace PwC y/e 2021 28 BDO will replace Deloitte y/e 2020 for y/e 2019.

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Company (£000s) Auditor Audit Audit Non Total Audit Audit Non Total Audit Fee 3-yr Tenure Year end fee related audit fees fee related audit fees Fee +/- % ave 2019 fee fee 2019 2018 fee fee 2018 +/- NAS 2019 2019 2018 2018 % % PLC EY 21 0 1 22 20 0 1 21 5% 5% 5% 2018 30/04/19 Morgan Advanced Materials37 KPMG 2,200 100 100 2,400 2,100 100 100 2,300 5% 5% 6% 2001 31/12/19 Deloitte 1,300 0 0 1,300 900 0 0 900 44% 0% 0% 1994 31/12/19 Murray International Trust (Ord)38 EY 35 0 0 35 28 2 0 30 25% 0% 13% 1907 31/12/19 Group Deloitte 1,400 100 0 1,500 1,300 100 0 1,400 8% 0% 0% 2011 31/12/19 Hldgs KPMG 639 93 770 1,502 210 0 133 343 204% 121% 106% 2010 31/12/19 Next Energy Solar Fund39 PwC 156 0 0 156 177 0 0 177 -12% 0% 0% 2014 31/03/19 Ninety One40 KPMG 1,500 0 0 1,500 1,200 0 0 1,200 25% 0% 0% 2020 31/03/20 OneSavings Bank41 Deloitte 2,115 187 142 2,444 814 95 40 949 160% 7% 6% 2019 31/12/19 Oxford Instruments42 KPMG 469 26 16 511 395 25 14 434 19% 3% 3% 2004 31/03/19 Page Group EY 784 52 7 843 758 52 2 812 3% 1% 2% 2011 31/12/19 Pantheon International43 Grant Thornton 55 9 27 91 64 8 25 97 -14% 49% 47% 1987 31/05/19 KPMG 1,352 112 0 1,464 1,161 82 68 1,311 16% 0% 4% 2016 30/09/19 Paypoint KPMG 237 48 0 285 174 35 0 209 36% 0% 81% 2018 31/03/19 Perpetual Income&Growth Inv Tst EY 28 0 0 28 27 0 0 27 4% 0% 0% 2016 31/03/19 EY 146 45 48 239 134 45 52 232 9% 33% 74% 2012 31/12/19 Personal Assets Trust44 PwC 24 0 19 43 26 0 0 26 -8% 79% 37% 2019 30/04/19 Petrofac EY 2,459 388 101 2,948 2,459 358 198 3,015 0% 4% 10% 2005 31/12/19 4 Petropavlovsk Deloitte 974 0 961 1,935 755 0 365 1,120 29% 99% 77% 2009 31/12/18 KPMG 400 0 100 500 402 0 67 469 -0% 25% 20% 2000 28/03/20 BDO 1,923 0 519 2,442 1,077 0 2,556 3,633 79% 27% 90% 2006 31/12/19 PwC 410 82 164 656 328 0 492 820 25% 40% 77% 2012 31/12/19 Polar Capital Technology Trust KPMG 25 0 0 25 25 0 0 25 0% 0% 6% 2018 30/04/19 Pollen Street Secured Lending PwC 375 0 27 402 370 0 33 403 1% 7% 8% 2014 31/12/18 Polypipe EY 500 0 0 500 300 0 0 300 67% 0% 0% 2012 31/12/19 PPHE Hotel Group EY 350 0 5 355 315 0 211 526 11% 1% 32% 2014 31/12/19 Primary Health Properties Deloitte 400 0 200 600 300 0 200 500 33% 50% 40% 2013 31/12/19 Provident Financial Deloitte 1,200 0 200 1,400 800 0 100 900 50% 17% 17% 2012 31/12/19 PureTech Health KPMG 951 134 638 1,722 698 133 130 961 36% 67% 47% 2015 31/12/19 PZ Cussons Deloitte 800 0 42 842 800 0 41 841 0% 5% 16% 2018 31/05/19 Qinetiq Group PwC 700 100 0 800 600 100 0 700 17% 0% 0% 2018 31/03/19 Quilter45 KPMG 3,900 1,100 0 5,000 3,400 1,200 2,300 6,900 15% 0% 35% 1999 31/12/19 Rank Group EY 500 0 100 600 500 0 100 600 0% 20% 29% 2019 30/06/19 Rathbone Brothers46 Deloitte 495 469 4 968 432 299 62 793 15% 1% 16% 2010 31/12/19 Redrow47 PwC 178 20 10 208 187 20 10 217 -5% 6% 5% 1987 30/06/19 Renishaw EY 555 0 5 560 465 0 5 470 19% 1% 2% 2017 30/06/19 RHI Magnesita PwC 2,589 0 446 3,036 2,411 89 804 3,304 7% 17% 60% 2017 31/12/19 RIT Capital Partners EY 225 45 0 270 220 35 0 255 2% 0% 2% 2018 31/12/19 Deloitte 1,154 0 56 1,210 1,100 0 49 1,149 5% 5% 5% 2014 31/12/19 KPMG 2,384 125 215 2,724 2,146 125 72 2,343 11% 9% 10% 2016 26/03/19 Sabre Insurance Group EY 264 78 0 342 175 75 0 250 51% 0% 81% 2001 31/12/19 Deloitte 300 0 0 300 300 0 0 300 0% 0% 11% 2014 31/10/19 Sanne Group48 PwC 695 0 143 838 587 0 181 768 18% 21% 35% 2019 31/12/19 Savills49 PwC 2,200 200 0 2,400 2,000 100 900 3,000 10% 0% 25% 2001 31/12/19 Schroder Asia Paci c Fund50 EY 23 0 0 23 22 0 0 22 5% 0% 3% 2019 30/09/19 Schroder Oriental Income Fund PwC 38 0 0 38 27 0 0 27 41% 0% 0% 2018 31/08/19 Scottish Investment Trust51 Deloitte 33 0 6 39 32 0 16 48 3% 18% 37% 2002 31/10/19 Senior KPMG 1,300 50 0 1,350 1,000 60 0 1,060 30% 0% 0% 2017 31/12/19 Sequoia Economic KPMG 123 0 26 149 92 0 25 117 34% 21% 44% 2015 31/03/19 Group KPMG 1,900 200 0 2,100 1,200 100 100 1,400 58% 0% 5% 2016 31/12/19 Shaftesbury EY 199 26 5 230 177 22 10 209 12% 3% 13% 2016 30/09/19 5

32 BDO will replace PwC y/e 2020 37 Deloitte will replace KPMG y/e 2020 42 BDO will replace KPMG y/e 2021 33 PwC will replace KPMG y/e 2020 38 BDO will replace EY y/e 2020 43 EY will replace GT y/e 2020 34 KPMG will replace PwC y/e 2020 39 KPMG will replace PwC y/e 2020 44 PwC replaced EY y/e 2019 35 EY replaced Deloitte y/e 2019 40 Demerger from 45 PwC will replace KPMG y/e 2020 36 BDO will replace PwC y/e 2021 41 Deloitte replaced KPMG y/e 2019 46 Deloitte replaced KPMG y/e 2019

www.accountancydaily.co accountancy daily july 2020 BRIEFING FTSE 250 auditors survey Q

Company (£000s) Auditor Audit Audit Non Total Audit Audit Non Total Audit Fee 3-yr Tenure Year end fee related audit fees fee related audit fees Fee +/- % ave 2019 fee fee 2019 2018 fee fee 2018 +/- NAS 2019 2019 2018 2018 % % Signature Aviation Deloitte 1,639 82 492 2,213 1,885 82 82 2,049 -13% 30% 11% 2002 31/12/19 Sirius Real Estate52 EY 296 0 52 347 282 0 30 313 5% 18% 63% 2019 31/03/19 Smithson Investment Trust53 Deloitte 35 0 0 35 n/a n/a n/a n/a n/a 0% n/a 2019 31/12/19 EY 255 33 25 313 218 24 38 280 17% 10% 10% 2013 31/07/19 Deloitte 2,000 200 0 2,200 1,900 100 0 2,000 5% 0% 0% 2017 31/12/19 Communications EY 902 0 0 902 738 0 0 738 22% 0% 0% 1950 31/12/19 SSP KPMG 1,100 0 30 1,130 800 0 200 1,000 38% 3% 16% 2006 30/09/19 St Modwen Properties KPMG 470 55 0 525 348 52 0 400 35% 0% 0% 2017 30/11/19 Stagecoach Group EY 1,000 0 400 1,400 900 0 100 1,000 11% 40% 21% 2017 27/04/19 Deloitte 172 0 28 200 129 0 27 156 33% 16% 45% 2012 31/03/19 PwC 876 23 1,010 1,909 892 22 98 1,012 -2% 115% 44% 2012 31/12/19 TalkTalk Telecom Group Deloitte 800 0 100 900 600 0 100 700 33% 13% 15% 2010 31/03/19 Tate & Lyle54 EY 2,400 100 0 2,500 2,300 100 0 2,400 4% 0% 1% 2019 31/03/19 TBC Bank Group PwC 431 144 222 797 549 80 25 654 -21% 52% 22% 2008 31/12/19 KPMG 220 28 0 248 205 28 0 233 7% 0% 17% 2015 31/03/19 Temple Bar Inv Tst55 EY 31 0 1 32 30 0 3 33 3% 3% 8% 2003 31/12/19 Templeton Emerging Mrkts IT56 Deloitte 33 0 6 39 32 0 5 37 3% 18% 17% 2009 31/03/19 The Invstmnt Trust PwC 31 0 0 31 30 0 0 30 3% 0% 0% 2009 30/06/19 5 The Renewables Inf Group Deloitte 495 0 29 524 441 0 28 469 12% 6% 7% 2013 31/12/19 TI Fluid Systems PwC 1,964 0 268 2,232 2,054 0 89 2,143 -4% 14% 49% 2001 31/12/19 TP ICAP Deloitte 6,141 1,034 884 8,059 5,365 1,239 88 6,692 14% 14% 6% 2001 31/12/19 TR Property Investment Trust KPMG 70 0 0 70 85 0 0 85 -18% 0% 0% 2017 31/03/19 KPMG 297 105 1,607 2,009 205 0 0 205 45% 541% 320% 2002 30/03/20 KPMG 1,255 55 557 1,867 1,071 55 78 1,204 17% 44% 21% 2015 31/12/19 Tritax Big Box REIT BDO 300 0 200 500 200 0 200 400 50% 67% 62% 2013 31/12/19 TUI AG Deloitte 3,036 1,696 89 4,821 2,589 982 89 3,661 17% 3% 12% 2017 30/09/19 UDG Healthcare EY 1,269 0 30 1,299 1,219 0 25 1,244 4% 2% 2% 2017 30/09/19 UK Commercial Property Trust Deloitte 81 0 0 81 68 0 4 72 19% 0% 2% 2016 31/12/18 Holdings Deloitte 1,300 0 11 1,311 1,212 11 16 1,239 7% 1% 41% 2002 31/12/19 Unite Group Deloitte 500 100 1,900 2,500 400 0 200 600 25% 380% 208% 2015 31/12/19 Vesuvius57 PwC 1,700 100 0 1,800 1,400 100 0 1,500 21% 0% 0% 2017 31/12/19 PwC 191 0 22 213 161 0 26 187 19% 12% 15% 2018 30/09/19 Vietnam Enterprise Investments KPMG 67 0 0 67 92 0 0 92 -27% 0% 0% 2008 31/12/19 VinaCapital Vietnam Opp Fund PwC 226 0 67 293 243 0 77 320 -7% 30% 24% 2016 30/06/19 Virgin Money UK EY 2,988 436 289 3,713 1,614 120 700 2,434 85% 10% 22% 2005 30/09/19 PwC 250 0 895 1,145 204 0 30 234 23% 358% 152% 2015 31/12/19 PwC 2,459 0 738 3,197 1,476 942 1,604 4,022 67% 30% 49% 2011 31/12/19 Watches of Switzerland58 KPMG 200 0 1,009 1,209 170 0 0 170 18% 505% 273% 2009 28/04/19 PwC 3,300 100 0 3,400 2,800 400 0 3,200 18% 0% 3% 2016 31/12/19 WH Smith PwC 600 0 300 900 400 0 600 1,000 50% 50% 77% 2015 31/08/19 William Hill Deloitte 900 0 100 1,000 700 0 100 800 29% 11% 14% 1991 31/12/19 Witan Inv Tst Grant Thornton 68 38 5 111 57 30 2 89 19% 7% 9% 2016 31/12/19 PwC 329 58 262 649 237 0 389 626 39% 79% 127% 2007 31/03/19 KPMG 181 31 0 212 170 30 0 200 6% 0% 4% 2018 31/03/19 Worldwide Healthcare Trust PwC 29 0 4 33 30 0 3 33 -3% 14% 13% 2015 31/03/19 XP Power PwC 500 0 100 600 500 0 0 500 0% 20% 10% 2007 31/12/19

Totals 230,276 26,360 36,163 292,799 202,792 20,699 48,020 271,512 14% 25% 30% 2009

47 KPMG will replace PwC y/e 2020 53 IPO Oct 2018 Research: Philip Smith, contributing editor 48 PwC replaced Deloitte y/e 2019 54 EY replaced PwC y/e 2019 Design: Simon Flint 49 EY will replace PwC y/e 2021 55 BDO will replace EY y/e 2020 Copyright © Croner-i 50 EY replaced PwC y/e 2019 56 EY will replace Deloitte y/e 2020 51 PwC will replace Deloitte y/e 2020 57 Mazars audits some non-material entities 52 EY replaced KPMG y/e 2019 58 IPO in 2019

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