BENEFIT WHAT IS IT? WHEN & HOW CAN I JOIN? Employee benefits scheme which is split into My Lifestyle and My Discounts

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1 REWARD & PENSIONS As an employee of Severn Trent you have access to a range of excellent benefits in recognition of your contribution to the business. 1

2 MY LIFESTYLE Employee benefits scheme which is split into My Lifestyle and My Discounts My Lifestyle: Choose from a range of benefits including, Childcare Vouchers, Cycle to Work, Computers, Critical Illness insurance, Health Cash Plans. You pay for these benefits directly out of your salary and you may make either tax and/or National Insurance savings (dependant on the benefit) and annually you can buy/ sell 1 week of annual leave. My Discounts: Choose from a range of offers from high street and local retailers, for example Tesco, Marks & Spencers, Sainsburys, B&Q, plus Zizzi, Odeon cinemas, Flaming Grill, Crown Carveries and many many more.! You will be sent your Welcome to your work address within 6 weeks of your start date. Once received your access to the site will be set up. Access through quick links on Streamline or Services Sharepoint and there will be no password required. Or, access from your username and password are the same as those used to log onto a Severn Trent computer. 5 th 14 th month, choose from a selection of benefits including Computers, Gym membership, Cycle to work 5 th 28 th month, choose from a range of benefits including childcare vouchers, health plans, will writing, travel insurance and many more Annually: August/ September enrolment - you will be invited to re-select your benefits and you can buy or sell annual leave Need further help? Contact Thomsons on

3 OUR BRILLIANT PEOPLE Our Brilliant People is open to all Severn Trent employees it is a chance for you to be recognised for your contributions and a chance for you to recognise your colleagues contributions as well. An employee who has done something really awesome may also be rewarded with a 25 voucher. Access through quick links on Streamline or Services Sharepoint and there will be no password required. Or, access from your username and password are the same as those used to log onto a Severn Trent computer. Our Brilliant People can be accessed from the My Lifestyle homepage (see previous). Don t forget to add your profile picture too! SHARESAVE Sharesave is a savings plan that provides you with an option to buy shares in Severn Trent Plc at the end of your chosen savings period (3 or 5 years). Sharesave operates by setting an agreed price at which you can buy shares. This means that if you do decide to buy shares Severn Trent will allocate you shares below the market price of those shares at the time of the invitation (20% discount). You do not have to buy shares though, you can withdraw your savings but you can make that decision when your saving period is complete. To be eligible for Sharesave, you must have been employed by specific date in early September (this varies each year). If you are eligible to apply you will be directly invited. More information is available on Streamline and Services Sharepoint. 3

4 YOUR PENSION As a new starter to Severn Trent you will be automatically enrolled into the Severn Trent Group Personal Pension (GPP). You will be automatically enrolled into the GPP. You will receive a welcome pack from BlackRock within 6 weeks of your start date. The Severn Trent pension is a market leading scheme. We will double your contribution rate (the % of pay you put into your pension up to 15%). By default you will be set up with a contribution rate of 3%, and Severn Trent will put in 6%. You can change your contributions at any time by logging on to TargetPlan ( using your username which was included in your welcome pack. Need further help? Contact BlackRock on: If you contribute 7.5% of your pay, Severn Trent will contribute up to a max 15%. In this example, you could see an annual pension fund contribution of the equivalent of 22.5% of your pay. In addition, as a member of the GPP you also get 6x salary life cover in the event of death in service. If you are a Severn Trent Water employee, you can view more information on the following topics on Streamline. If you are Severn Trent Services, please refer to the HR area on SharePoint. YOUR PAY YOUR BONUS To find out more about your pay and the reward framework, view the Streamline page To find out more about your bonus, view the Streamline page Streamline > HR hub > Rewarding you > Your Pay Streamline > HR hub > Rewarding you > Your bonus 4

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