PBI

Competitive

Executive Committee records a competitive result

8 February 2026

A competitive fixture held under internal conditions has concluded. Performance data has been retained and will inform the next review cycle.

A competitive fixture held under internal conditions concluded this month with a result the Executive Committee has described as instructive.

PBI regards competitive performance as a legitimate, if imperfect, proxy for decision-making under pressure. Performance data from the fixture has been retained and will be considered during the next review cycle.

The Chief Human Resources Officer confirmed that no conduct matters arose, and that the outcome is not expected to affect succession planning.

A rematch has been requested. The request is under consideration.

Corporate information is published as it is confirmed.

For background, comment or clarification, contact the group directly.