SCHEDULE 13D/A 0001104659-24-122474 0001451785 XXXXXXXX LIVE 54 Ordinary Shares 03/12/2025 false 0000844150 639057207 NatWest Group plc

Gogarburn PO Box 1000 EDINBURGH, SCOTLAND X0 EH12 1HQ

Simon Man 44-20-7270-5000 1 Horse Guards Road London X0 SW1A 2HQ 0001451785 N HM Treasury OO N X0 0.00 1554539208.00 0.00 1554539208.00 1554539208.00 N 4.82 OO See Form TR-1 filed as an Exhibit. Y UK Government Investments Ltd OO N X0 0.00 1554539208.00 0.00 1554539208.00 1554539208.00 N 4.82 OO UK Government Investments Limited, a company wholly-owned by His Majesty's Treasury, is entitled to exercise control over the voting rights which are the subject of this notification (pursuant to certain management arrangements agreed with His Majesty's Treasury). See Form TR-1 filed as an Exhibit. Ordinary Shares NatWest Group plc Gogarburn PO Box 1000 EDINBURGH, SCOTLAND X0 EH12 1HQ In lieu of providing the information called for by Schedule 13D, His Majesty's Treasury and UK Government Investments Limited are furnishing as an exhibit a copy of "TR-1: Notification of Major Interest in Shares", which is the standard form for any notification required to be delivered under the UK Disclosure Guidance and Transparency Rules to (among others) an issuer whose shares are admitted to trading on a UK regulated market (and to the UK Financial Conduct Authority) following the acquisition or disposal of certain interests in the shares or voting rights in such issuer. This modified Schedule 13D is filed pursuant to no-action relief granted by the Staff of the Securities and Exchange Commission in a no-action letter dated December 10, 2008. See Form TR-1 filed as an Exhibit. See Form TR-1 filed as an Exhibit. See Form TR-1 filed as an Exhibit. See Form TR-1 filed as an Exhibit. See Form TR-1 filed as an Exhibit. See Form TR-1 filed as an Exhibit. See Form TR-1 filed as an Exhibit. See Form TR-1 filed as an Exhibit. See Form TR-1 filed as an Exhibit. As of March 12, 2025, His Majesty's Treasury and UK Government Investments Limited each ceased to beneficially own more than five percent of the outstanding Ordinary Shares. See Form TR-1 filed as an Exhibit. See Form TR-1 filed as an Exhibit. See Form TR-1 filed as an Exhibit. See Form TR-1 filed as an Exhibit. See Form TR-1 filed as an Exhibit. In lieu of providing the information called for by Schedule 13D, His Majesty's Treasury and UK Government Investments Limited are furnishing as an exhibit a copy of "TR-1:Notification of Major Interest in Shares", which is the standard form for any notification required to be delivered under the UK Disclosure Guidance and Transparency Rules to (among others) an issuer whose shares are admitted to trading on a UK regulated market (and to the UK Financial Conduct Authority) following the acquisition or disposal of certain interests in the shares or voting rights in such issuer. This modified Schedule13D is filed pursuant to no-action relief granted by the Staff of the Securities and Exchange Commission in a no-action letter dated December 10, 2008. HM Treasury /s/ Lowri Khan 03/14/2025 UK Government Investments Ltd /s/ Holger Vieten 03/14/2025