BENEFITS PURPOSE AND LINK • To provide a competitive benefits package. TO STRATEGIC • To attract and retain the high-calibre talent necessary to develop and deliver the business strategy. OBJECTIVES OPERATION • A range of benefits are provided, which may include car or car allowance; private health insurance for the individual and their family; permanent health cover; life assurance; mobile phone; use of a car and driver in connection with the role or an appropriate travel allowance; and colleague discount. • Additional benefits, such as relocation expenses, housing allowance and school fees may also be provided in certain circumstances if considered reasonable and appropriate by the Committee. • For non-UK Executives (none at present) the Committee may consider additional allowances in accordance with standard practice. MAXIMUM • Current benefits provided are described in the Implementation Report from page 154. OPPORTUNITY • The Committee reserves the right to provide such benefits as it considers necessary to support the strategy of the Company. • The Committee does not consider it to be approriate to set a maximum cost to the Company of benefits to be paid.p PERFORMANCE • None. METRICS • No recovery provisions apply to benefits. ANNUAL Awards to be made to Executive Directors other than Sir Will Adderley, who has requested BONUS that he not be considered for annual bonus PURPOSE AND LINK • Rewards and incentivises delivery of annual financial, strategic and personal targets. TO STRATEGIC OBJECTIVES OPERATION • Delivered as soon as reasonably practicable after the approval of this Policy as a conditional award of: Annual bonus – 11,594 shares in Dunelm in the case of Nick Wilkinson; and specifically for FY20 to – 7,675 shares in Dunelm in the case of Laura Carr. address Covid-19 • Each award will vest, subject to closed periods: situation – As regards 50% of the shares subject to it, rounded down to the nearest whole share where necessary, on the first dealing day after the announcement of Dunelm’s results for FY21; and – As regards the balance of the shares subject to it, on the first dealing day after the announcement of Dunelm’s results for FY22. • At least two thirds of the shares acquired (after sale of shares to cover tax and National Insurance obligations) must be retained for the duration of employment and are then subject to post-departure holding requirements as set out in the ‘Shareholding requirements’ section below. OPERATION • Granted as soon as reasonably practicable after the approval of this Policy as a conditional award of: Annual bonus – 59,130 shares in Dunelm in the case of Nick Wilkinson; and specifically for FY21 to – 40,291 shares in Dunelm in the case of Laura Carr. address Covid-19 situation • Subject to the satisfaction of the performance targets and closed periods, each award will vest: – As regards 50% of the shares subject to it rounded down to the nearest whole share where necessary on the first dealing day after the announcement of Dunelm’s results for FY21; and – As regards the balance of the shares subject to it on the first dealing day after the announcement of Dunelm’s results for financial year FY22. • The Committee has discretion to adjust the number of shares in respect of which an award vests, either upwards or downwards, if it considers that the formulaic output does not reflect its assessment of overall financial or non- financial performance of the participant or the Group, or is inappropriate in the context of circumstances that were unexpected or unforeseen at the start of the relevant year, or is inappropriate for any other reason. • At least two thirds of the shares acquired (after sale of shares to cover tax and National Insurance obligations) must be retained for the duration of employment and are then subject to post-departure holding requirements as set out in the ’Shareholding requirements’ section below. DUNELM GROUP PLCANNUAL REPORT & ACCOUNTS 2021 143 GOVERNANCESTRATEGIC REPORT FINANCIAL STATEMENTSOTHER INFORMATION