Company Announcements

Direct Line Group: Board changes

The Board of Direct Line Insurance Group plc ('DLG') announces that it has today agreed the following changes to its composition and to the membership of its Remuneration, Investment and Corporate Responsibility Committees.

·    Adrian Joseph OBE will join the Board and become a member of the Corporate Responsibility Committee with effect from 1 January 2021. Adrian is Managing Director, Group AI and Data Solutions at BT. Before joining BT, he was a senior partner at EY, Head of the UK Data and Analytics practice for Financial Services and a member of the European Innovation Board. He joined EY after ten years at Google, where his last role was Director, Analytics and Measurement Services, EMEA. Before joining Google, Adrian had some 15 years of experience in the automotive industry and in management consultancy.

·    Jane Hanson, independent Non-Executive Director and Chair of the Board Risk Committee, who was appointed to the Board in December 2011, will be stepping down from the Board at the conclusion of the Annual General Meeting in May 2021 after having served as a Non-Executive Director for over nine years.

·    Richard Ward, Senior Independent Director, will become a member of the Remuneration Committee with effect from 1 January 2021.

·    Fiona McBain, independent Non-Executive Director, will become a member of the Investment Committee, also with effect from 1 January 2021.

Danuta Gray, Chair, said: "I am delighted to be welcoming Adrian Joseph to DLG's Board. A cornerstone of our strategy is to keep improving the service we can provide to existing and new customers through the effective management of data, digital interfaces and automation. Adrian's experience in these areas will be extremely valuable in strengthening the Board's ability to support our executive team in delivering that strategic objective.

I would like to thank Jane for her energetic leadership of the Board Risk Committee, which she has chaired since before DLG was floated on the London Stock Exchange, and for her hard work as a member of the Audit, Investment and Corporate Responsibility Committees. Jane will leave us in May 2021 with the Board's, and management's, enormous gratitude and respect."

Adrian Joseph commented: "I am excited to be joining DLG, which has proven to be resilient in the extraordinary circumstances that have arisen in 2020 and is well-placed to continue to thrive as market dynamics evolve in future."

For further information, please contact:

LEI: 213800FF2R23ALJQOP04