The ShareSave 2022 offer is now closed to new applications. Look out for future ShareSave offers on this Colleague Share Plan hub or on our dedicated Colleague Share Plan Workplace Group.

Our Share Plan Administrator, Computershare, hold an account for you, which is accessed via the EquatePlus portal. You can access EquatePlus from the NatWest Group network here.

If you’re not on the NatWest Group network, you can access your account via www.equateplus.com. You’ll need your User ID, which you’ll find in your ShareSave joiner email. If you’ve not received your User ID, contact Computershare on +44 (0)370 702 0109. You can also use the online chat function on EquatePlus.

Once you've accessed EquatePlus, follow the on-screen instructions to set your new password and complete the account setup.

You can also download the free EquateMobile app after you’ve completed the account setup, just search ‘EquateMobile’ in the App or Play Store. This is a quick and easy way of managing your share plans at a time that suits you.

An option is the opportunity to buy a set number of NatWest Group shares at the end of your savings period at a price that's fixed shortly before you start saving. If the NatWest Group share price at the end of the savings period is higher than the option price, you could use the money you save to take up your option and then sell your NatWest Group shares for more than you pay for them.

The Group has to set a maximum number of shares it can use for any ShareSave offer it makes. This means that the offer could be oversubscribed if too many applications are received. If this happens, we’ll need to 'scale back' each application. This means we’d reduce everyone’s savings on a proportional basis so that everyone who wants to join can. We'll only know this after the application deadline has passed and once we have received the total number of applications. It will not be possible to advise in advance of the application deadline if a scale back will be necessary. Your Option Certificate, which will be sent to you in advance of your first payment, will confirm whether a scale back was applied, what your actual monthly contribution will be and the maximum number of shares that you'll be entitled to under this ShareSave scheme.

Joining ShareSave and the exercise of your ShareSave option are not transactions that are subject to the Personal Account Dealing Policy. However, if you choose to sell your shares at the end of the 3 or 5 year saving period, you will need to consider the Personal Account Dealing Policy.

No, the amount is fixed when you start saving and cannot be changed after the offer period closes.

Yes, you can stop saving into your current ShareSave contracts at any time and take back all the money you have saved. But remember, once you cancel, you can't re-enter the same ShareSave contract. You can cancel your existing contracts via EquatePlus or by contacting the Computershare Helpline on +44 (0) 370 702 0109. Cancelling a previous contract does not stop you from joining a new ShareSave offer.

Yes. You can take a break from saving for whatever reason and suspend your ShareSave contributions for a maximum of twelve months. However, if you miss more than twelve payments you will lose your right to buy your NatWest Group shares at the option price. Suspending your contributions will also delay when the savings plan finishes as you will need to catch up on any missed payments.

If you want to suspend your payments, you’ll need to complete the ShareSave Payroll Instruction – payment suspension form (you can also find this on the ShareSave page on the intranet) to make sure that your salary deductions are suspended.

We’ll get in touch in early December to tell you that your Option Certificate is available to view online. The certificate will confirm how much you’re saving every month, how long you’re saving for, the option price and the maximum number of shares you’d be entitled to buy at that option price.

We’ll write to you at the end of your savings period to let you know the choices available to you. This will include details on how to buy NatWest Group shares.

Yes they are. Your savings, which are held by us during your savings period, are your own and are covered by either the Financial Services Compensation Scheme (FSCS), the UK’s deposit protection scheme, or the Depositor Guarantee Scheme (DGS), the Irish deposit protection scheme. These schemes can pay compensation to depositors if a bank is unable to meet its financial obligations. Your eligible deposits are protected up to a total of £85,000 (UK) or €100,000 (Ireland). For further information please refer to the FSCS website www.fscs.org.uk and the DGS website www.depositguarantee.ie

We take a fresh look each year to decide if we can run ShareSave and how it will work. Before making a ShareSave offer, we have to consider the commitments we’ve given to shareholders concerning the number of shares which we may issue under our colleague share plans. These include limits on the number of share options we may grant. A ShareSave offer represents a real cost to NatWest Group and its shareholders. Each year we review our existing commitments to decide whether a ShareSave offer can be made and, if so, the number of NatWest Group shares that can be made available. Balancing the interests of our colleagues and our shareholders is important, we want to make ShareSave available to as many colleagues as possible and offer flexibility on how much can be saved.

No decision has been taken in respect of any future offers; this is decided annually.

Your monthly contributions are taken from your pay after tax. ShareSave is approved by HM Revenue & Customs and there is no Income Tax or National Insurance Contributions to pay if you exercise your option and buy the NatWest Group shares at the end of the savings period. There may be Capital Gains Tax to pay if you sell the NatWest Group shares purchased with your options, although this will depend on your own individual circumstances. Employees in Jersey, Guernsey, Gibraltar and Isle of Man should refer to the separate tax note on EquatePlus.

If, during your savings period of 3 or 5 years, you:

• retire;
• are made redundant;
• leave due to injury or disability; or
• the company or business by which you are employed ceases to be a member of NatWest Group;

Computershare will write to you with details of your choices.

As a guide, you'll be able to:

• buy a reduced number of NatWest Group shares with the savings you've built up within six months of you leaving the Group.
• take out your savings; or
• carry on saving until the end of the savings contract (although if there are more than six months to the maturity date, you will lose your right to buy NatWest Group shares and will simply receive your savings at the end of the extended savings period).

If you resign or leave for any other reason not covered above, your option will end and you will not be able to buy NatWest Group shares at the option price. You can, however, continue to save until the end of the savings contract or you can immediately take your savings out of ShareSave. In the event of your death, your personal representatives may either buy a reduced number of NatWest Group shares with your built-up savings within 12 months of your death or take out your savings in cash.

This document contains only some information relating to NatWest Group plc 2017 ShareSave Plan (the 'Plan').

Your participation, or right to participate, in the Plan is governed by the Plan rules and does not affect, or form part of, your contract of employment. These rules include specific provisions limiting your rights under the Plan.

You will not have any rights to compensation or damages for any loss of rights, benefits or prospective benefits under the Plan as a consequence of the termination of your employment. There is no guarantee that the Plan will be operated in future years, or, if it is operated, that you will be selected for participation in it. NatWest Group plc ('NatWest' or 'the Group') may amend, suspend or terminate all or any part of the Plan at any time, but may only do so in accordance with the Plan rules.

References in this document to any taxation consequences are those generally applying at the time of publication. They are provided for guidance only. Tax legislation may change in the future. The actual taxation consequences and the availability (and value) of any tax relief will depend on your own individual circumstances.

In the event of any conflict between this document and the Plan rules or any applicable legislation, the Plan rules and legislation will take precedence.

The maximum aggregate number of NatWest Group shares being offered under NatWest Group plc 2017 ShareSave Plan and NatWest Group plc International ShareSave Plan on this occasion will not exceed 30 million shares and the minimum number is nil. The shares to be used under this offer may be existing shares or new issue shares.

Further information on NatWest Group and details of the rights attaching to the shares can be found in the Investor Relations section of the Group's website at natwestgroup.com. Certain information is provided in this document in order for this offer and any subsequent admission of shares to trading to fall within Article 1(4)(i) and 1(5)(h) of the UK Prospectus Regulation which exempt NatWest Group from producing a prospectus under that directive.

US taxpayers who are considering participating in ShareSave should be aware that they may incur unexpected tax liabilities under US tax rules relating to 'deferred compensation'. US taxpayers are strongly advised to seek their own tax advice from a suitably qualified independent US tax adviser before they decide to participate in the Plan.

No information in this document should be taken as providing any investment or financial advice or as a recommendation to buy, sell or hold shares in NatWest Group.

The value of NatWest Group shares and any income from them can fall as well as rise and an investor might not receive back the full amount invested in shares.

If you are in any doubt as to what action you should take and/or the financial or taxation implications of any decisions you might make, you are strongly recommended to seek independent professional advice.

NatWest Group plc
Registered in Scotland No 45551
Registered Office: 36 St Andrew Square
Edinburgh EH2 2YB