Group 1 - British insurance companies are compensating motorists £200 million ($270 million) for underpaid claims, affecting approximately 270,000 customers [1] - The Financial Conduct Authority (FCA) found that some insurers were making automatic deductions for assumed pre-existing vehicle damage, disadvantaging careful drivers [2] - The FCA has already seen £129 million paid out to affected customers as part of the compensation [1] Group 2 - The FCA is conducting a separate investigation into the motor finance industry regarding secret commissions charged on car loans [3] - The FCA aims to ensure consumers receive fair value and has noted changes in practices that led to unfair payouts [2]

Board Changes - Justine Roberts will retire as an independent Non-executive Director after 9 years of service, effective 18 June 2025 [1][2] - Mike Rogers, Chair of the Board, expressed gratitude for Justine's contributions and support during her tenure [2] - Justine Roberts highlighted her rewarding experience at Admiral and thanked her fellow Board members and the team [3] New Appointments - Andy Crossley will be appointed as the new Senior Independent Director effective 18 June 2025 [4] - Andy Crossley will also join the Nomination and Governance Committee effective 18 June 2025, alongside Mike Rogers and Bill Roberts [5] - Fiona Muldoon will join the Group Risk Committee as a member effective 28 April 2025 [6] Recruitment - The Company is in the process of recruiting a new Non-executive Director, with further information to be provided to shareholders [7]

Core Points - Admiral Group Plc has reported no increase in the block scheme for the Approved Share Incentive Plan (SIP) during the period from September 2, 2024, to March 1, 2025, with a balance of 2,499,751 securities remaining unissued [1][2] - The total number of securities originally listed under the SIP amounts to 17,000,000, with no securities issued or allotted during the reporting period [1][3] - The Employee Benefit Trust (EBT) also reported a balance of 1,790,973 securities not yet issued or allotted, with no increase in the block scheme [2][3] - The total number of securities in issue at the end of the period stands at 306,304,676, with rights to dividends waived for 3,892,344 shares held by Apex Financial Services [3]

Core Points - Admiral Group Plc has communicated to its shareholders the option to receive electronic communications instead of hard copy shareholder information [1] - The letter regarding this option was posted on 28 February 2025 and is available for inspection at the National Storage Mechanism [1] - Shareholders can also view the letter on the Investor Relations section of the Company's website [1]