In some countries it is not technically possible to launch a plan using real shares however to ensure that you can participate in something very similar you will be invited to save a regular amount monthly for a 6-month period after which you will be allocated Mirror Purchased Shares based on the level of your contributions. The number of Mirror Purchased Shares will be matched by Kingfisher with Mirror Matching Shares and providing the Mirror Purchased Shares are held for a further 12-months you will be able to access the Mirror Matching Shares. The benefits are that you have an opportunity to participate as if you were a shareholder and connect with and share in the future of the Group even in countries where it is technically not possible to launch a share plan. Minimum contribution levels have been set to make this plan inclusive to a large number of colleagues. If your circumstances change, or you change their mind, you can stop contributing or request to receive the cash value of your Mirror Purchased Shares. However, if you leave the Plan before the end of the Holding Period, you will lose the Mirror Matching Shares. If the company pays a dividend (a small payment to shareholders dependent on company performance) the value of these dividends will be mirrored and allocated to you as Mirror Dividend Shares or Mirror Dividend Matching Shares.

12 October 2020 - 20 November 2020

All colleagues who are employed on 22 September 2020 in eligible Kingfisher locations are eligible to join the 1+1 Sharing in Our Future Plan. Check if its right for you. To fully benefit you need to be employed until July 2022.

The 1+1 Plan is a one off plan linked to the announcement of the Half Year results on 22 September 2020 and open to all eligible colleagues who are employed on that date. We may launch a similar plan again in the future so if you were not able to join this Plan you may be able to join a future plan.

Yes. The Plan is open to all full time, part time and fixed term contract colleagues providing you were employed on 22 September 2020.

Provided that you are receiving sufficient salary to cover your contribution, your payments will continue to be taken as normal. If you are worried that your pay will not cover your contribution, then you should speak to your local payroll team about whether it is possible to pay contributions in a different way. If something unexpected happens and you decide you want to stop making contributions, then you can do so at any time, but you will leave the plan and not be able to re-join.

If you are eligible you will have received an invitation to join the Kingfisher 1+1 Sharing in Our Future Plan in early October shortly after the launch of the Plan on 22 September. The invitation will provide information on your unique personal identification log in details and how to access the EquatePlus Portal. A password will be sent to you separately. Colleagues in China and Vietnam will receive their invitation documentation from their manager.

The monthly contributions will be taken direct from your net salary (after tax and social security contributions).

Your monthly contributions will be deducted from your salary commencing from January 2021 to June 2021 inclusive.

This Plan is a one off, announced by Thierry Garnier, Kingfisher CEO, with the half year results, to support colleagues in becoming shareholders in Kingfisher, and where this is not technically possible, mirror shareholders. There may be more opportunities to join a similar plan in the future but the plan is not designed to have an annual enrolment period.

Country Minimum contribution per month Maximum contribution per month China CNY 100 CNY 2,500 Vietnam US$15 US$325 In some countries there are limits on the amount that you can contribute based on a % of your monthly salary. We will let you know which countries are impacted.

The contribution levels are set at the beginning of the enrolment period. Contributions will be made in local currency but converted into Pounds Sterling each month at the prevailing exchange rate. This means that the actual number of Mirror Purchased Shares that you are allocated after the end of the contribution period will be dependent on three things: the amount of your contributions, the monthly exchange rate and the actual market Kingfisher share price at the time the Mirror Shares are allocated.

No. When you join the plan you are committing to invest an equal and regular amount of contributions for a total period of 6 months commencing in January 2021 to June 2021 inclusive and will therefore be unable to vary your contributions. There Isa slightly different process for Hong Kong. However, if your personal circumstances change during the contribution period you can leave the plan at any time and request a refund of contributions, however the exact amount refunded will depend on the exchange rates at the time of contribution and the time of refunding.

Your contributions will be held by KSO Vietnam during the contribution period.

To take part in the plan, you will need to contribute 6 equal and regular monthly contributions starting in January 2021 and ending in June 2021 inclusive.

The EquatePlus Portal can be accessed in the following core languages: English / French / Polish / Spanish / Simplified Chinese / Brazilian Portuguese Colleagues in Vietnam and Turkey will be able to access the portal in any of the available languages for the duration of the Plan. Colleagues in Romania will be able to access the portal in Romanian and any of the other available languages for the enrolment period.

The EquatePlus Portal can be accessed in the following core languages: English / French / Polish / Spanish / Simplified Chinese / Brazilian Portuguese You can choose whatever language you prefer. Colleagues in Romania will be able to access the portal in Romanian and any of the other available languages for the enrolment period. After that separate local arrangements will be made outside the portal which will not continue to support Romanian.

Your contribution will show as a separate line on your payslip and will be deducted from net pay.

The aim of the plan is to provide a benefit that includes everyone in the Kingfisher Group. In Vietnam and China it is not possible to run a share plan either for local tax, legal or language reasons. In these countries we have created a plan that tracks the benefits available through the equity plan.

Computershare Limited are a successful global financial administration company. They are administering the enrolment of the 1+1 Sub-Plan for us. They employ over 12000 people across 90 offices around the world and provide services in over 20 countries to more than 25000 clients and their 75 million customers.

EquatePlus is the name of the Portal that Computershare will use to administer the enrolment of the 1+1 Sub-Plan.

Your account will be deleted within a fixed period if you choose to leave the scheme during the Contribution Period. All accounts will be deleted within a fixed period after the end of the Contribution Period and the ongoing administration of the 1+1 Sub-Plan will be run within Kingfisher.

No because you are not trading real shares.

The EquatePlus portal and the 1+1 Microsite contain a lot of information. If you are still unable to find what you need you can call the Computershare helpline on +800 40200034 Monday to Friday 24/7. Colleagues will have the opportunity to select their language preference when they speak to an advisor. Alternatively please speak to your manager and if he or she is not able to provide you with the information you need they will escalate the question internally for you.

Neither Kingfisher plc, your Line Manager or Computershare can give you financial advice. For personal financial help or advice you need to speak to an Independent Financial Advisor (IFA) who can look at your circumstances and help you plan what's best for you. These Q&As, or any of the other Plan documentation does not constitute the giving of investment advice, nor a part of any advice on investment decisions. If you are in any doubt about the contents of this Q&A or any of the other documents or what action you should take, you are recommended to seek your own personal financial advice immediately from your stockbroker, bank manager, solicitor, accountant or other financial adviser duly authorised under the Financial Services and Markets Act 2000 if you are resident in the United Kingdom or another appropriately authorised independent financial adviser if you are taking advice in a territory outside the United Kingdom. Please note, neither the Company, nor any of its executives or advisers are providing you with legal or tax advice in connection with the 1+1 Plan. If you feel that you need legal or tax advice you should seek your own personal advice from an appropriately qualified person.

The EquatePlus portal and the 1+1 Microsite contain a lot of information. If you are still unable to find what you need you can call the Computershare helpline on +800 4020 0034 24 hours a day, 7 days a week. Colleagues will have the opportunity to select their language preference when they speak to an advisor. Live chat functionality is also available 0700-1900 Monday to Friday UK time, through the EquatePlus platform. Alternatively please speak to your manager and if he or she is not able to provide you with the information you need they will escalate the question internally for you.

Yes. You can change your contribution level or cancel your enrolment at any point between 12 October and 20 November.

You may see reference to the term "Vesting Period" when you look at the Plan Rules. This is the technical/administrative name given to, what we are calling, the 12 month Holding Period.

The Holding Period for the Kingfisher 1+1 Sharing in Our Future Mirror Sub-Plan commences in July 2021 and ends in July 2022. If you choose to cash out your Mirror Purchased Shares or associated dividends during the Holding Period, you will not be able to benefit from the Mirror Matching Shares and their associated dividends. If you keep your Mirror Purchased Shares and associated dividends to the end of the Holding Period you will qualify for the Mirror Matching Shares and their associated dividends you will receive the cash out value of all of these.

Once the Mirror Purchased Shares have been allocated you can cash them or the associated dividends out at any time but remember that if you do so within 12-months you will not be eligible to benefit from the Mirror Matching Shares or associated dividends.

In order to qualify for the Mirror Matching Shares you must keep the Mirror Purchased Shares for 12-months. You can cash out the Mirror Purchased Shares and associated dividends at any time but remember if you do so you will not benefit from the Mirror Matching Shares and their associated dividends. At the end of the 12-months you will receive the cash out value of your Mirror Purchased and Matching Shares, plus associated dividends.

Yes. Tax varies in different countries but in simple terms you may need to pay tax on: The company can't advise you on your taxes but the Tax Fact Sheet provides more information.

There are no trading fees because you are not trading real shares.

After becoming a shareholder, there are periods of time which are known as 'open and closed periods'. A closed period is the time between the completion of a listed company's financial results to the City and announcing these results to the public. Any colleagues on the Kingfisher Restricted List will be unable to trade in share during a Closed Period and will be required to seek permission to deal in an Open Period. Because Mirror Purchased Shares and Mirror Matching Shares are designed to mirror the behaviour of the real shares participants holding Mirror Purchased Shares or Mirror Matching Shares will be subject to open and closed periods in the same way that participants holding real shares will be. We will let you know if you are impacted by this.

A dividend is a small payment for each share owned which may be made to shareholders depending on Kingfisher's performance. For Kingfisher they are made, (if they are made), in May and November and in order to qualify you have to own shares at the Record Date for each dividend. They will be used to purchase additional shares. Any residual funds will be rolled forward until the next dividend issue. As a Mirror Share holder you won't be entitled to actual dividends but we will simulate them using cash instead.

Mirror Purchased Shares are allocated to your account at the end of the contribution period at the beginning of July 2021. You will also be allocated Mirror Matching Shares. They represent a one to one match for your Mirror Purchased Shares. Like your Mirror Purchased Shares these will attract associated dividends. They will not however, transfer to you until the end of the Holding Period in July 2022 at which point, they will be automatically cashed out and you will receive the value of the Mirror Purchased and Matching Shares and any associated dividends, less any tax we are required to withhold.

The value of your Mirror Purchased Shares will change relative to the Kingfisher share price. If the Kingfisher share price (on the London Stock Exchange) increases, the value of your Mirror Purchased Shares will increase. If the share price goes down, then the value of your Mirror Purchased Shares will reduce. The actual share price changes many times a day as people around the world buy and sell shares. Your Mirror Matching Shares will also track the Kingfisher share price and their value may go up and down as well. However, they will only transfer to you if you have kept your Mirror Purchased Shares and any associated dividend shares until the end of the 12 month Holding Period.

As an example if you make £100 of contributions and the share price that your Mirror Purchased Shares are calculated at is £2.50 you will have 40 Mirror Purchased Shares and, assuming you keep your Mirror Purchased Shares for 12 months, you will also have 40 Mirror Matching Shares. If the Kingfisher share price increases to £3 the value of the Mirror Purchased Shares is £120 and the value of the Mirror Matching Shares is also £120 = £240. If more Mirror Shares are allocated during the Holding Period as a result of the company issuing dividends, then you would also be entitled to the value of those shares too. Remember that there will also be some tax to pay so this is the gross value from which tax will be deducted.

As an example if you make £100 of contributions and the share price that your Mirror Purchased Shares are bought at is £2.50 you will have 40 Mirror Purchased Shares and, assuming you keep your Mirror Purchased Shares for 12 months, you will also have 40 Mirror Matching Shares. If the Kingfisher share price decreases to £2 the value of the Mirror Purchased Shares is £80 and the value of the Mirror Matching Shares is also £80 =£160. If more Mirror Shares are allocated during the Holding Period as a result of the company issuing dividends then you would also be entitled to the value of those shares too. Remember that there will also be some tax and fees to pay so this is the gross value from which tax will be deducted.

You can find the current share price, alongside a lot of other useful information for shareholders, in the Investor section on the Kingfisher plc website.

The Mirror Purchased Shares will be valued at the same price as the Purchased Shares. The Purchased Shares will be bought at market price on the pre-determined purchase date (early July 2021).

We will write to you regularly to keep you informed about your Mirror Shares.

You will be sent a login ID and a password. You can access the portal via www.EquatePlus.com or download the EquateMobile app

If you choose to leave the Kingfisher 1+1 Sharing in Our Future Plan or resign and leave the business within the 6 month contribution period, you will have your contributions reimbursed through payroll, however the exact amount refunded will depend on the exchange rates at the time of contribution and the time of refunding. You would need to confirm the date in which you intend to stop your contributions being deducted by logging into the EquatePlus Portal and letting your local payroll team know.

If you decide that you no longer wish to participate in the Kingfisher 1+1 Sharing in Our Future Plan you can withdraw by logging on to the EquatePlus Portal. You should also notify your local payroll team. Your contributions will be returned through payroll, however the exact amount refunded will depend on the exchange rates at the time of contribution and the time of refunding.

Mirror Matching Shares will be allocated to individual accounts once the Mirror Purchased Shares have been allocated to you (after the end of the contributions period, early July 2021). To benefit from these Mirror Matching Shares, you need to keep your Mirror Purchased Shares and any associated dividends until the end of the Holding Period which ends in July 2022.

If you decide that you no longer wish to participate in the Kingfisher 1+1 Sharing in Our Future Plan you can withdraw your funds by logging your decision on the EquatePlus Portal. Any contributions will be reimbursed via payroll in the next available pay run, however the exact amount refunded will depend on the exchange rates at the time of contribution and the time of refunding.

If you are made redundant during the contribution period your contributions will be returned to you and you will leave the plan however the exact amount refunded will depend on the exchange rates at the time of contribution and the time of refunding. If you are made redundant after the Mirror Purchased Shares are allocated then providing you don't request to cash out your Mirror Purchased Shares during the 12-months Holding Period you will still be eligible to receive the Mirror Matching Shares. You will automatically receive the cash out value of your Mirror Purchased Shares, Mirror Matching Shares and any dividend equivalents at the end of the 12 month holding period.

If you leave under these circumstances after the Mirror Purchased Shares are allocated then providing you don't cash out your Mirror Purchased shares or associated dividends during the 12 months Holding Period you will still be eligible to receive the Mirror Matching Shares. At the end of the 12 months you will receive the cash out value of the Mirror Purchased and Matching Shares and associated dividend less any tax we are required to withhold or fees.

If you leave under these circumstances after the Mirror Purchased Shares are allocated then providing you don't cash out your Mirror Shares or Dividend Mirror Shares during the 12 months Holding Period you will still be eligible to receive the Mirror Matching Shares. At the end of the 12 months you will receive the cash out value of the Mirror Matching Shares and associated dividends adjusted less any tax we are required to withhold or fees.

In the sad event of a participant's death the following will occur: During contribution period: contributions would be returned to the participant's estate, however the exact amount refunded will depend on the exchange rates at the time of contribution and the time of refunding. During the 12 month Holding Period once the Mirror Purchased Shares had been bought: The 12 month Holding Period would be accelerated such that the Mirror Matching Shares would be available immediately and they, alongside the Mirror Purchased Shares and any dividend shares would be cashed out to the participant's estate.

If you choose to leave the Kingfisher 1+1 Sharing in Our Future Plan; or you resign from the business during the contribution period you should confirm this on the EquatePlus portal and with your local payroll team. Computershare will inform the local payroll team of the amount of colleagues contributions to be reimbursed in local currency via the next available pay run, however the exact amount refunded will depend on the exchange rates at the time of contribution and the time of refunding. If the Mirror Purchased Shares have already been bought you will receive the cash out value of these shares and any Dividend Purchased Shares but you will lose any Mirror Matching Shares and associated dividends.

No, by joining the plan you will need to make 6 equal and regular monthly contributions. If you decide during the contributions period you wish to cease your contributions, you will need to withdraw from the plan.

If you leave Kingfisher during the 6-month contribution period, you cannot participate in the 1+1 Mirror Sub-Plan and your monthly contributions will be returned to you via payroll. The contributions are denominated in Pounds Sterling and will be converted into your home currency using the prevailing exchange rate at the time. If there are changes in the exchange rate during the Contribution Period you may receive back a higher or lower amount to that which you contributed in your home currency due to fluctuations in exchange rates. If you leave once your Mirror Purchased Shares have been awarded to you in July 2021 but before July 2022, then you will receive the value of your Mirror Purchased Shares in cash via payroll. The value will be based on the number of Mirror Purchased Shares you were awarded and the actual Kingfisher plc share price at the point you left employment. You will also receive a cash payment in respect of any Mirror Dividend Shares related to your Mirror Purchased Shares, from the period from July 2021 to the date you leave employment. Whether you will still receive the value of your Mirror Matching Shares and Mirror Matching Dividend Shares in July 2022 depends on why you have left employment. If you resign, then you will lose the right to your Mirror Matching Shares and Mirror Matching Dividend Shares. If you leave because you are made redundant, retire with the agreement of the company or in other circumstances where you are deemed to be a “good leaver” provided that you do not cash out the value of your Mirror Purchased Shares or Mirror Divided Purchased Shares before the end of the 1+1 Mirror Sub-Plan lifecycle in July 2022 you will receive the value of these plus the value of the Mirror Matching Shares and Mirror Dividend Matching Shares, based on the Kingfisher plc share price at the time. This will be paid to you through payroll and less any deductions we are required to make. If you leave after July 2022, then you will already have received a cash payment in respect of the 1+1 Mirror Sub-Plan.