REG - National Grid PLC - Outcome of audit tender process
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National Grid PLC has announced the re-appointment of Deloitte LLP as its external auditor following a competitive audit tender process. This re-appointment will take effect from the financial year ending 31 March 2028, subject to shareholder approval at the 2027 AGM. Deloitte will continue as the auditor for the financial years ending 31 March 2026 and 2027, pending shareholder approval. The audit tender process is in compliance with UK regulations requiring tendering every 10 years and rotation every 20 years.
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