Investor Presentaiton

LOSS AFTER TAX £m Headline loss before tax Headline tax credit Headline loss after tax Non-Headline items Non-Headline tax credit Total loss after tax Effective tax rate 1) Favourable/(adverse) HY 2023 RESULTS 27 HY23 HY22 Change (411) (545) 25% 107 123 (13)% (304) (422) 28% (4) (12) 67% 1 3 (67)% (307) (431) 29% (26)% (23)% 3ppt

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