<SEC-DOCUMENT>0001654954-25-001804.txt : 20250224
<SEC-HEADER>0001654954-25-001804.hdr.sgml : 20250224
<ACCEPTANCE-DATETIME>20250224061122
ACCESSION NUMBER:		0001654954-25-001804
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20250224
FILED AS OF DATE:		20250224
DATE AS OF CHANGE:		20250224

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NatWest Group plc
		CENTRAL INDEX KEY:			0000844150
		STANDARD INDUSTRIAL CLASSIFICATION:	COMMERCIAL BANKS, NEC [6029]
		ORGANIZATION NAME:           	02 Finance
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			X0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-10306
		FILM NUMBER:		25654077

	BUSINESS ADDRESS:	
		STREET 1:		GOGARBURN
		STREET 2:		PO BOX 1000
		CITY:			EDINBURGH, SCOTLAND
		STATE:			X0
		ZIP:			EH12 1HQ
		BUSINESS PHONE:		441315568555

	MAIL ADDRESS:	
		STREET 1:		GOGARBURN
		STREET 2:		PO BOX 1000
		CITY:			EDINBURGH, SCOTLAND
		STATE:			X0
		ZIP:			EH12 1HQ

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ROYAL BANK OF SCOTLAND GROUP PLC
		DATE OF NAME CHANGE:	19950712
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>a1053y.htm
<DESCRIPTION>FILING OF ANNUAL REPORT ON FORM 20-F WITH US SEC
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UNITED STATES</font></div>
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SECURITIES AND EXCHANGE COMMISSION</font></div>
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FORM 6-K</font></div>
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REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR
15d-16</font></div>
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UNDER THE SECURITIES EXCHANGE ACT OF 1934</font></div>
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February, 2025</font></div>
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Commission File Number 001-10306</font></div>
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NatWest Group plc</font></div>
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250 Bishopsgate,</font></div>
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London, EC2M 4AA</font></div>
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United Kingdom</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">(Address
of principal executive offices)</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">Indicate
by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">The
following information was issued as Company announcements in
London, England and is furnished pursuant to General Instruction B
to the General Instructions to Form 6-K:</font></div>
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FILING OF ANNUAL REPORT ON FORM 20-F WITH US SEC</font></div>
<div><font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px"><font style="color: #000000; font-size: 13px">
NatWest Group plc (the "Company")&#xA0;announces that, on 21
February 2025, it filed its Annual Report on Form 20-F with the US
Securities and Exchange Commission (SEC).&#xA0; The document is
available for viewing on the SEC website
at&#xA0;</font><font style="text-decoration: underline; color: #0000FF; font-size: 13px">www.sec.gov</font><font style="color: #000000; font-size: 13px">&#xA0;and
also on the Company's website at&#xA0;</font><font style="text-decoration: underline; color: #0000FF; font-size: 13px">www.natwestgroup.com</font><font style="color: #000000; font-size: 13px">.&#xA0;
The Company will send any holder of the Company's securities, upon
request, a hard copy of the Company's complete audited financial
statements free of charge.&#xA0; Requests may be made by writing to
the Chief Governance Officer and Company Secretary, NatWest Group
plc, Gogarburn, PO Box 1000,&#xA0;Edinburgh&#xA0;EH12
1HQ.</font></font></div>
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<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Gary Moore</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Chief Governance Officer and Company Secretary</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
24 February 2025</font></div>
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&#xA0;</font></div>
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<font style="font-family: Times New Roman; font-size: 13px"><font style="font-weight: bold; color: #000000">
Legal Entity Identifier</font></font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
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NatWest Group plc</font></div>
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2138005O9XJIJN4JPN90</font></div>
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<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
Forward-looking statements</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
Cautionary statement regarding forward-looking
statements</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Certain sections in this document contain 'forward-looking
statements' as that term is defined in the United States Private
Securities Litigation Reform Act of 1995, such as statements with
respect to NatWest Group's financial condition, results of
operations and business, including its strategic priorities,
financial, investment and capital targets, and climate and
sustainability-related targets, commitments and ambitions described
herein. Statements that are not historical facts, including
statements about NatWest Group's beliefs and expectations, are
forward-looking statements. Words such as 'expect', 'estimate',
'project', 'anticipate', 'commit', 'believe', 'should', 'intend',
'will', 'plan', 'could', 'probability', 'risk', 'target', 'goal',
'objective', 'may', 'endeavour', 'outlook', 'optimistic',
'prospects' and similar expressions or variations on these
expressions are intended to identify forward-looking statements. In
particular, this document includes forward-looking targets and
guidance relating to financial performance measures, such as income
growth, operating expense, RoTE, ROE, discretionary capital
distribution targets, impairment loss rates, balance sheet
reduction, including the reduction of RWAs, CET1 ratio (and key
drivers of the CET1 ratio including timing, impact and details),
Pillar 2 and other regulatory buffer requirements and MREL and
non-financial performance measures, such as NatWest Group's initial
area of focus, climate and sustainability-related performance
ambitions, targets and metrics, including in relation to
initiatives to transition to a net zero economy, climate and
sustainable funding and financing and financed
emissions.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
Limitations inherent to forward-looking statements</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
These statements are based on current plans, expectations,
estimates, targets and projections, and are subject to significant
inherent risks, uncertainties and other factors, both external and
relating to NatWest Group's strategy or operations, which may
result in NatWest Group being unable to achieve the current plans,
expectations, estimates, targets, projections and other anticipated
outcomes expressed or implied by such forward-looking statements.
In addition, certain of these disclosures are dependent on choices
relying on key model characteristics and assumptions and are
subject to various limitations, including assumptions and estimates
made by management. By their nature, certain of these disclosures
are only estimates and, as a result, actual future results, gains
or losses could differ materially from those that have been
estimated. Accordingly, undue reliance should not be placed on
these statements. The forward-looking statements contained in this
document speak only as of the date we make them and we expressly
disclaim any obligation or undertaking to update or revise any
forward-looking statements contained herein, whether to reflect any
change in our expectations with regard thereto, any change in
events, conditions or circumstances on which any such statement is
based, or otherwise, except to the extent legally
required.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
Important factors that could affect the actual outcome of the
forward-looking statements</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
We caution you that a large number of important factors could
adversely affect our results or our ability to implement our
strategy, cause us to fail to meet our targets, predictions,
expectations and other anticipated outcomes or affect the accuracy
of forward-looking statements described in this document. These
factors include, but are not limited to, those set forth in the
risk factors and the other uncertainties described in NatWest Group
plc's Annual Report on Form 20-F and its other filings with the US
Securities and Exchange Commission. The principal risks and
uncertainties that could adversely affect NatWest Group's future
results, its financial condition and/or prospects and cause them to
be materially different from what is forecast or expected, include,
but are not limited to: economic and political risk (including in
respect of: political and economic risks and uncertainty in the UK
and global markets, including as a result of inflation and interest
rates, supply chain disruption and geopolitical developments);
changes in interest rates and foreign currency exchange rates; and
HM Treasury's ownership of NatWest Group plc); business change and
execution&#xA0; risk (including in respect of the implementation of
NatWest Group's strategy; future acquisitions and divestments, and
the transfer of its Western European corporate portfolio);
financial resilience risk (including in respect of: NatWest Group's
ability to meet targets and to make discretionary capital
distributions; the competitive environment; counterparty and
borrower risk; liquidity and funding risks; prudential regulatory
requirements for capital and MREL; reductions in the credit
ratings; the requirements of regulatory stress tests; model risk;
sensitivity to accounting policies, judgments, estimates and
assumptions (and the economic, climate, competitive and other
forward looking information affecting those judgments, estimates
and assumptions); changes in applicable accounting standards; the
value or effectiveness of credit protection; the adequacy of
NatWest Group's future assessments by the Prudential Regulation
Authority and the Bank of England; and the application of UK
statutory stabilisation or resolution powers); climate and
sustainability risk (including in respect of: risks relating to
climate and sustainability-related risks; both the execution and
reputational risk relating to NatWest Group's climate
change-related strategy, ambitions, targets and transition plan;
climate and sustainability-related data and model risk; increasing
levels of climate, environmental, human rights and
sustainability-related regulation and oversight; and increasing;
climate, environmental and sustainability-related litigation,
enforcement proceedings investigations and conduct risk);
operational and IT resilience risk (including in respect of:
operational risks (including reliance on third party suppliers);
cyberattacks; the accuracy and effective use of data; complex IT
systems; attracting, retaining and developing diverse senior
management and skilled personnel; NatWest Group's risk management
framework; and reputational risk); and legal, regulatory and
conduct risk (including in respect of: the impact of substantial
regulation and oversight; the outcome of legal, regulatory and
governmental actions, investigations and remedial undertakings; and
changes in tax legislation or failure to generate future taxable
profits).</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-weight: bold; font-family: Times New Roman; font-size: 13px">
Cautionary statement regarding Non-IFRS financial measures and
APMs</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
NatWest Group prepares its financial statements in accordance with
UK-adopted International Accounting Standards (IAS) and
International Financial Reporting Standards (IFRS). This document
may contain financial measures and ratios not specifically defined
under GAAP or IFRS ('Non-IFRS') and/or alternative performance
measures ('APMs') as defined in European Securities and Markets
Authority ('ESMA') guidelines. Non-IFRS measures and APMs are
adjusted for notable and other defined items which management
believes are not representative of the underlying performance of
the business and which distort period-on-period comparison.
Non-IFRS measures provide users of the financial statements with a
consistent basis for comparing business performance between
financial periods and information on elements of performance that
are one-off in nature. Any Non-IFRS measures and/or APMs included
in this document, are not measures within the scope of IFRS, are
based on a number of assumptions that are subject to uncertainties
and change, and are not a substitute for IFRS
measures.</font></div>
<div><font style="font-family: Times New Roman; font-size: 10">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
The information, statements and opinions contained in this document
do not constitute a public offer under any applicable legislation
or an offer to sell or a solicitation of an offer to buy any
securities or financial instruments or any advice or recommendation
with respect to such securities or other financial
instruments.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
<br></font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
Climate and sustainability-related disclosures</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
Climate and sustainability-related disclosures in this document are
not measures within the scope of International Financial Reporting
Standards ('IFRS'), use a greater number and level of judgments,
assumptions and estimates, including with respect to the
classification of climate and sustainable funding and financing
activities, than our reporting of historical financial information
in accordance with IFRS. These judgments, assumptions and estimates
are highly likely to change materially over time, and, when coupled
with the longer time frames used in these disclosures, make any
assessment of materiality inherently uncertain. In addition, our
climate risk analysis, our ambition to be net zero across our
financed emissions, assets under management and operational value
chain by 2050 and the implementation of our climate transition plan
remain under development, and the data underlying our analysis and
strategy remain subject to evolution over time. The process we have
adopted to define, gather and report data on our performance on
climate and sustainability-related measures is not subject to the
formal processes adopted for financial reporting in accordance with
IFRS and there are currently limited industry standards or globally
recognised established practices for measuring and defining climate
and sustainability-related metrics. As a result, we expect that
certain climate and sustainability-related disclosures made in this
document are likely to be amended, updated, recalculated or
restated in the future. Please also refer to the cautionary
statement in the section entitled 'Climate and
sustainability-related and other forward-looking statements and
metrics' of the NatWest Group 2024 Sustainability
Report.</font></div>
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END</font></div>
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SIGNATURE</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.</font></div>
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<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">
NatWest Group plc</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">(Registrant)</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">Date:</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">24
February 2025</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">/s/
Mark Stevens</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">Name:</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">Mark
Stevens</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">Assistant
Secretary</font></div>
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