DIAGEO PLC

We have announced further changes to the Board this year, and I am pleased that we have continued to attract high calibre of talent

with deep experience across beverage, consumer and regulated industries.

As we announced in March 2024, I plan to retire in February 2025 from the Diageo Board in my ninth year. My colleague and current

Non-Executive Director Sir John Manzoni has been appointed as my successor. John joined the Diageo Board in October 2020, having

been Chief Executive of the UK Civil Service. He is currently Chair of FTSE-listed multinational energy business SSE plc and a non-

executive director of engineering and technology company KBR, Inc. He waspreviously a non-executive director of the multinational

drinks business SAB Miller plc for 11 years. John brings a wealth of experience both from within the beverage alcohol world and from

his extensive private and public sector experience. I look forward to working with him, fellow Board members and my Diageo

colleagues to ensure a smooth transition.

Nik Jhangiani, currently Chief Financial Officer (CFO) at Coca-Cola Europacific Partners plc, the world’s largest Coca-Cola bottler,

will succeed Lavanya Chandrashekar as Diageo’s CFO on 1 September 2024 and we look forward to welcoming him to the Board.

Nik has more than 30 years of finance experience gained in roles in the UK, Europe, India, Africa and the US, including 20 years in

various CFO roles, and has spent most of his career in the consumer and beverage industries. I am confident that his record of success

as a CFO in multiple relevant markets will further strengthen our long-term track record of delivering sustainable returns for our

shareholders

After three years as CFO, the Board wishes to thank Lavanya warmly for her strong contributions to Diageo over the past six years.

She has been instrumental in framing our long-term ambitions, driving a culture of operational excellence throughout her tenure and

embedding a culture of everyday efficiency which has already delivered highly significant productivity savings across our business.

We wish Lavanya well for the future as she returns to the US.

Julie Brown, CFO and Executive Director of GSK plc since May 2023, will be appointed as a Non-Executive Director, effective 5

August 2024, and on appointment will succeed Alan Stewart as Chair of the Audit Committee. Julie brings many years of experience

in financial, commercial and strategic roles in international companies operating in highly regulated industries. She is strongly

committed to enabling diversity in business and to creating sustainable, long-term value for stakeholders. Julie previously served as

Chief Operating and Financial Officer and Executive Director, Burberry Group plc. Julie has also served as Group CFO of Smith &

Nephew plc and previously worked for 25 years at AstraZeneca plc in various finance, commercial and strategic roles including as

regional and country president and latterly as Interim Group CFO.

On behalf of the Board, I would like to thank Alan who has been a Director since 2014 and Chair of the Audit Committee since 2017.

He has served Diageo with great distinction, and we have benefitted greatly from his expertise and strategic input. We wish him the

very best for the future.