SALARY SACRIFICE AGREEMENT

Dear ,

Following recent discussions, we understand that you have decided to be part of the salary sacrifice scheme operating within the Bluestones Group.

The salary sacrifice scheme requires you to accept a reduction in your remuneration in return for a non-cash benefit. The benefits offered as part of this scheme within this organisation are pension contributions.

We understand that you agree to receive the pension benefit in return for a salary sacrifice.

To receive this benefit your pensionable salary will be reduced by 5% every Month which you have agreed to sacrifice in lieu of an employer contribution to your pension plan. The amounts deducted each Month may change in the future as they are linked to your monthly earnings.

This change will result in a change to your contract of employment. The effective date will be 1st October 2026.

A salary sacrifice for pension purposes will only apply whilst you are an active member of the Company’s pension scheme. If you choose to opt-out of the pension scheme your salary will return to the pre-sacrificed amount.

By signing this form, you have confirmed your agreement. Please save a copy of this signed agreement for your own records.