LONDON – Northern Trust (Nasdaq: NTRS) today announced it has been reappointed to provide a range of asset servicing solutions to the BT Pension Scheme (BTPS) and its fiduciary manager, Brightwell.

The extended mandates include global custody, investment operations outsourcing and derivatives outsourcing, supporting the needs of both organisations through an integrated service model.

BTPS is one of the UK’s largest defined benefit pension schemes, serving employees, former employees and dependents of BT Group plc and related companies. Brightwell has a long-standing history of managing services to BTPS and operates as the scheme’s sole fiduciary manager.

Laurence Everitt, head of Global Fund Services, UK at Northern Trust Asset Servicing, said: “This extension builds on our long-standing relationships with both organisations, spanning more than 18 years with the BT Pension Scheme and eight years with Brightwell. It reflects our ability to support both asset owners and asset managers through a broad and integrated set of capabilities, underpinned by deep expertise in the pension landscape and a strong focus on client service. Our understanding of the distinct yet connected needs of both organisations enables us to deliver solutions that support their evolving requirements and long-term objectives.”

Wyn Francis, Chief Investment Officer, Brightwell, said: “Following a detailed review of the market, Northern Trust stood out for its strong alignment with our strategic priorities and breadth of asset servicing capabilities. Its global custody network, investment operations outsourcing expertise and continued investment in technology provides the scale, resilience and innovation required to support the distinct yet connected needs of both BT Pension Scheme and Brightwell as its fiduciary manager.”

Northern Trust is dedicated to serving the needs of global asset owners and investment managers, delivering a comprehensive suite of asset servicing solutions that support a wide range of complex investment strategies across asset classes.

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking services to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2026, Northern Trust had assets under custody/administration of US$20.0 trillion, and assets under management of US$2.0 trillion. For more than 135 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit us on northerntrust.com. Follow us on Instagram @northerntrustcompany or Northern Trust on LinkedIn.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at https://www.northerntrust.com/terms-and-conditions.