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Rachel Scarrabelotti
Group Company Secretary
100 Wood Street
London
EC2V 7ER
23 October 2023
PRIVATE AND CONFIDENTIAL.
Simon Jeffreys
By email: simon.jeffreys!
__GRO
Dear Simon,
Addendum to Letter of Appointment dated 23 March 2023
lam writing to set out amendments to your Letter of Appointment dated 23 March 2023. The
amendments are as follows:
1. Paragraph 4.1 is deleted and replaced with:
41 You shall be paid an annual fee of £35,000 gross for your role as a Non-Executive
Director, which shall be paid in equal instalments monthly in arrears through PAYE
and subject to deduction of any taxes and other amounts required by law. You shall
also be paid a further fee of £10,000 gross for your role as Chair of the Audit, Risk
and Compliance Committee, which shall be paid in equal instalments monthly in
arrears through PAYE and subject to deduction of any taxes and other amounts
required by law. These fees cover all duties set out in your Letter of Appointment.
2. Paragraph 4.2 is deleted and replaced with:
4.2 The fees referred to in paragraph 4.1 will accrue from day to day.
This letter amounts to an agreed variation of your Letter of Appointment pursuant to paragraph
17 of that letter.
Yours sincerely,
Rachel Scarrabelotti (Company Secretary)
For and on behalf of Post Office Limited
Post Office Limited is registered in England and Wales. Registered No. 2154540.
Registered Office: 100 Wood Street, London, EC2V 7ER
Post Office and the Post Office logo are registered trade marks of Post Office
postoffice.co.uk
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I agree to the amendment to my Letter of Appointment dated 23 March 2023 as set out above. I
understand that all other terms and conditions, as set out in my Letter of Appointment, remain
unchanged.
Date of signature
Simon Jeffreys
Post Office Limited is registered in England and Wales. Registered No. 2154540.
Registered Office: 100 Wood Street, London, EC2V 7ER
Post Office and the Post Office logo are registered trade marks of Post Office
postoffice.co.uk