Section 172 statement and details of stakeholder engagement

Marks and Spencer Group plc – Annual report – 28 March 2026

Industry: retail

STAKEHOLDER ENGAGEMENT AND S.172 STATEMENT

Our Board thoughtfully considers the varied priorities of each stakeholder, working to promote and protect M&S’ long-term success and reputation. Examples of these considerations and outcomes in the Board’s decision making are set out below.

GOVERNANCE (extract)