Virgin Money plc does not currently have any employees. However, the Company maintains a Remuneration Committee - comprised of independent Non-Executive Directors - that is constituted in accordance with Article 95.
Virgin Money plc’s Non-Executive Directors are Material Risk Takers and their remuneration – consisting solely of fees – is managed within the requirements of CRD IV. In the event that Virgin Money plc employs individuals in the future the Remuneration Committee will ensure that the Company complies in full with Articles 92 to 95 of CRD IV regarding remuneration.
Virgin Money does not benefit from government intervention, so Article 93 is not applicable to us.