Test. Thanks for choosing NEST. We're pleased to confirm 81MM042BS started using NEST on 27 August 2016.

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1 Mr 8 81MM042PCLN Royal Mail Islington Delivery Office 5 Almeida Street LONDON N1 1AA 01 October 2014 Our reference: T /EP-B003/ Employer name: Employer NEST ID: EMP Dear 81MM042PCFN Welcome to NEST Thanks for choosing NEST. We're pleased to confirm started using NEST on 27 August You'll find more details on how to use NEST in this letter and in the Employer set-up guide. To view the Employer set-up guide please click this link Please read these documents carefully as they contain important information. For your records you'll also find a copy of your Payment schedule details at the end of this letter. What do you need to do now? Make a note of your Employer NEST ID, shown at the top of this letter. You'll need this when you contact us. Check through the Employer details section below to make sure the information is correct. If you need to make any changes you can do this online by logging into your account on the nestpensions.org.uk website. Then click on Edit organisation details. Check through the Group details section below to make sure the information is correct. If you need to make any changes you can do this online by logging into your account on the nestpensions.org.uk website. Then click on Your groups. Enrol your workers into NEST if you haven't done so already. Log into your account on the nestpensions.org.uk website and click on Manage workers. NEST, Nene Hall, Lynch Wood Business Park, Peterborough, PE2 6FY t:

2 Where to go for more information We've tried to make NEST as easy as possible to use and we've included all the information you need in this letter and the Employer set-up guide. We provide online support and answers to frequently asked questions at If you're having difficulty using the website you can contact our technical support team on Thanks again for choosing NEST. Yours sincerely Richard Hardy Employer Services Manager 2

3 Employer details Please check the details below are correct. If you need to update these details log into your account on the nestpensions.org.uk website. Then click on Edit organisation details. These are the details about your organisation you've provided: Date employer duty starts: 27 August 2016 Name of organisation: Number of workers: 1-4 PAYE reference: 123MM00042 Type of organisation: NEST was recommended by: Name of trade association or membership body: These are the contact details you've provided: Primary contact name: address: Mr 81MM042PCFN 81MM042PCLN Job Title: Preferred language: English Phone number: Do you consider yourself to have a disability? Address: No Group details Royal Mail Islington Delivery Office 5 Almeida Street LONDON N1 1AA Please check the details below are correct. If you need to update these details log into your 3

4 account on the nestpensions.org.uk website. Then click on Your groups. You've set up the following for groups for your account: Group name: Contribution level: Earnings basis: Contribution rates: From next payment Employer contribution Worker contribution From 01 October 2017 Employer contribution Worker contribution From 01 October 2018 Employer contribution Worker contribution 81MM042PG1 Basic - phased Qualifying Earnings 1.0 per cent 1.0 per cent 2.0 per cent 3.0 per cent 3.0 per cent 5.0 per cent If you're using NEST to meet your employer duties, you'll have to ensure you've paid minimum contributions for each of your workers. Please note it's a part of your employer duties to keep accurate records which must be kept for a minimum of six years. The Pensions Regulator has useful guidance on which records you have to keep at How often you'll send contributions: Monthly Date your current earnings period 31 August 2016 is due to end: Payment will reach NEST by the: 22 nd each month that follows the end of the period.ad Maximum contribution set up: You've set up the following payment sources: Not applicable Payment source: 81MM042PS1 Method of payment: debit card Bank/building society details you want to use to receive refunds Account holder name: Account number:

5 Sort code: Other payments to be paid from this account: Method of payment for other payments: You've added the following delegates: Delegate name: address: Alternative address: Relationship to the organisation: No\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\ debit card Mr 81MM042DG1FN 81MM042DG1LN Finance Job Title: Phone number: Mobile number: Address: Royal Mail Islington Delivery Office 5 Almeida Street LONDON N1 1AA Access permission: Preferred language: Would the delegate like NEST to send communications on its product and services? The delegate considers himself/ herself to have a disability: Full Access Delegate English No No 5

6 Pension scheme name: NEST Pension scheme registry number: Employer name: Payment schedule details Group name Worker contribution Employer contribution 81MM042PG1 1.0 per cent of 1.0 per cent of pensionable earnings pensionable earnings as as defined by defined by Frequency Payment due date Monthly 22 nd of the month that follows the end of the earnings period Contribution rates effective from 01 October 2017 Group name Worker contribution Employer contribution 81MM042PG1 3.0 per cent of pensionable 2.0 per cent of pensionable Contribution rates effective from 01 October 2018 Group name Worker contribution Employer contribution 81MM042PG1 5.0 per cent of pensionable 3.0 per cent of pensionable Notes: For workers who are entitled to tax relief, the worker contribution percentage shown above is inclusive of basic rate tax relief. NEST collects this from the government on the worker's behalf. We then add it to the total contributions made to their retirement pot. Any employer and worker contributions, together with associated basic rate tax relief, will be subject to a contribution charge. The current contribution charge is 1.8 per cent on new contributions. Employers with workers in the opt-out period may pay contributions for these workers after the usual due date but not later than is set out in the Occupational and Personal Pension Scheme (Automatic Enrolment) Regulations