S S TR TR A A TE Strategic arrangement with Lucid TE G UNE G I J The Board approved the Company entering into a strategic supply I C C R agreement with Lucid to support its future battery electric vehicle, R E E P subject to shareholder approval and the satisfaction of certain P O O R regulatory and other conditions. R T T Related to this, the Board approved an amendment and restatement of G the Strategic Co-operation Agreement with Mercedes-Benz AG, under G O which the original agreement to issue additional Aston Martin shares to O VE Mercedes-Benz in exchange for access to further technology was VE R R NAN replaced with a restated commitment to the existing strategic NAN collaboration allowing the parties to discuss future access to C technology for cash. C E ERQ3 results E OB– Approval of Q3 results announcement Capital Markets Day T F C F I and presentation I NAN Aston Martin’s senior management team showcased its exciting new O – Approval of part repayment of second NAN and upcoming product range and gave presentations covering C lien debt C IAL operational excellence, supplier strategy, sustainability, vehicle – Government affairs strategy update IAL S platforms, electrification, commercial strategy and branding. – Approval of 2023/24 insurance programme S T T A A T T E E M M E E N N T T S S F F U U R R T T H H E E R R INF LYHalf year results ER Governance and INF U B J OR – Approval of half year financial results M preparations for year end OR E M announcement and investor presentation C M A DE – Reviewed and adopted revised Committee A T – Update on Lucid transaction T I I ON Terms of Reference and Matters Reserved ON for the Board – Conducted the annual Board evaluation in respect of the effectiveness of the Board and its Committees and discussed the output of the review R General Meeting to approve MBE E Lucid transaction PT Shareholder meeting to approve the related SE party transaction and issue of shares to Lucid. This was the first General Meeting to be held virtually following the amendment to the Company’s Articles of Association at the AGM in May. ASTON MARTIN LAGONDA ANNUAL REPORT AND ACCOUNTS 2023 87