The DC Investing plan is a "defined contribution" arrangement.

You build up a "pot" of money in your own DC Investing plan account with your contributions from your Benefits Envelope plus any extra voluntary contributions that you choose to make.

You decide how much is paid into your Investing plan account and how you want the money in the account to be invested. The types of contributions that can be paid into your DC Investing plan account are:

• Any contributions you choose to make from your Benefits Envelope, plus
• Extra voluntary contributions from your pay, plus
• Any extra voluntary lump sum contributions that you choose to make

It is your choice how much of your Benefits Envelope that you save into your DC Investing plan account.

• If you want to opt out of the DB Career Average plan and make the DC Investing plan your main pension saving vehicle, the minimum you can contribute to the DC Investing plan is 11% of your Pensionable earnings.
• If you choose to remain in the DB Career Average plan and also save into your DC Investing plan account, the minimum you can contribute to the DC Investing plan is £20 each month.
• You can pay whatever you want as Extra Voluntary Contributions into the DC Investing plan and you receive tax relief on these contributions (up to limits set by HMRC).

Tax allowances - HM Revenue & Customs apply two allowances to your contributions and benefits. If you go over them, you must pay a tax charge on the excess. The lifetime allowance is the total amount of tax approved or "registered" pension scheme retirement benefits you can build up over your working life. It is currently £1,073,100 with effect from 6 April 2023. The annual allowance is the amount of registered pension savings you can make each year (over a 12 month period - known as the "pension input period"). It is currently £60,000 for pension input periods ending in the 2024/25 tax year.

Investment Returns - Any investment returns that you receive on your DC Investing plan account are credited directly to your DC Investing plan account. You will not pay any tax on any investment returns received on your DC Investing plan account.

Retirement - You then decide what benefits to take from your account when you retire from the Unilever UK Pension Fund.

You can get more information on the Investing Plan here.

In this first video we explain what the Investing Plan is, how it works and the factors that will impact on how much you may have available at retirement.

In this video we look at how you can make savings into the DC Investing Plan. This video covers regular contributions (including an explanation of fixed term contributions) and making one-off payments into the DC Investing Plan.

In this video we look at your investment options within the DC Investing plan and the factors that may impact on the decisions you make such as your attitude to risk. We also consider the features available within the Investing Plan to help you manage your exposure to risk.

In this video we look at the options you have for using your DC Investing Plan at retirement. We look at how tax free cash works and what this means for all your benefits in the Unilever UK Pension Fund.

In this final video we look at how you can manage your account using screenshots from your online system PlanViewer. We also provide some contact details for the Investing Plan manager, Fidelity.

This handout provides a summary of some of the key features of the DC Investing Plan, as covered by the videos and the live webinar.

This video provides detailed information on the investment choices available to you as a member of the DC Investing plan.

This handout provides a useful guide to the investment choices available in the DC Investing plan.

You decide how you want the Trustees to invest your DC Investing plan account. There are currently a range of 7 funds available in the DC Investing plan

• Bond Fund
• Cash Fund
• Cautious Growth Fund
• Emerging Markets Fund
• Global Equity Fund
• Moderate Growth Fund
• Real Return Fund

Full details of all of these funds, and how you can make your choices, are set out in the DC Investing plan section on the Unilever Pension Hub. You can also download the latest fund factsheets here.

You can also contact the Fidelity Pensions Service Centre, who manage these investment funds on behalf of the Trustees:

Fidelity Pensions Service Centre tel: 0800 3 68 68 68

E-mail: service.centre@fil.com

When you approach retirement, the Unilever Pensions Team will contact you (or if you want to retire early, you may need to contact the Team yourself) and tell you what your options are. Generally you will be able to choose whether to:

• Take some (or maybe all) of your account as a tax free cash sum
• Use some (or maybe all) to buy an extra bit of pension

More information on your options is set out on the DC Investment Plan section on the Unilever Pension Hub.

If you choose to pay Extra Voluntary Contributions into the DC Investing plan you can choose to pay them in one of two ways:

Fixed Term - If you pay Extra Voluntary Contributions on a Fixed Term basis, you will pay them through the Unilever Contribution Arrangement. You must agree to pay Fixed Term contributions for at least 12 months - starting from 1 October in each year.

Variable - If you pay Extra Voluntary Contributions on a Variable basis, you do not have to agree to pay them for 12 months, and you can pay one off lump sums, or vary the amount you pay as often as you want. As with all contributions to the Unilever UK Pension Fund, you will not pay income tax on these contributions, but you will not save the National Insurance contributions that you would save if you paid on a Fixed Term basis.

This is only a summary. For details of Extra Voluntary Contributions, refer to the DC Investment Plan section on the Unilever Pension Hub.