Notice of Annual General Meeting 2008
Re-election of Directors
Explanatory note (Resolutions 7-9): Our Articles of Association require a proportion of our Directors to retire in turn at each AGM. The Chairman is satisfied that the Directors standing for re-election continue to be effective and demonstrate commitment to their roles. The Chairman recommends that they be re-elected as Directors of the Company. In the case of the Chairman’s re-election the Senior Independent Director has given a similar recommendation.
7. To re-elect Dennis Stevenson as a Director.
Age 62. Dennis Stevenson was last elected to the Board on 27 April 2005. Dennis was appointed Chairman of HBOS in 2001 (having joined the Board of Halifax in 1999) and became Governor of Bank of Scotland in January 2006. He is Chairman of the House of Lords Appointments Commission, Chancellor of the University of the Arts London, a Non-executive Director of Western Union Group, Loudwater Investment Partners and Culture and Sport Glasgow, and President of the Employers Forum on Age.
8. To re-elect Karen Jones as a Director.
Age 51. Karen Jones was last elected to the Board on 25 April 2006. Karen became a Non-executive Director of HBOS in January 2006. She was previously Chief Executive of Spirit
Group and the founder and Chief Executive of Café Rouge
and The Pelican Group. She has held Non-executive positions
at Gondola Holdings and Emap.
9. To re-elect Colin Matthew as a Director.
Age 57. Colin Matthew was last elected to the Board on
27 April 2005. Colin is Chief Executive, Strategy, International and Treasury & Asset Management and, since January 2006, has been Treasurer of Bank of Scotland. Colin joined Bank of Scotland in 1966, becoming a Director in 2000.