BRIEF

on The Vanguard Group, Inc. (isin : US12572Q1058)

The Vanguard Group, Inc. Discloses Position in Smith (DS) plc

The Vanguard Group, Inc. has submitted Form 8.3, disclosing its position in Smith (DS) plc.

The disclosure, made on July 10, 2024, reveals that Vanguard holds 67,055,351 ordinary shares, representing 4.86% of Smith (DS) plc's relevant securities. Additionally, Vanguard has purchased 52,447 shares at 4.15 GBP each and 4,991 shares at 4.16 GBP each, on the same date.

No arrangements or agreements related to derivatives or options have been reported. Furthermore, no supplemental Form 8 has been attached.

This disclosure aligns with Rule 8.3 of the Takeover Code, indicating Vanguard's significant interest in Smith (DS) plc, and also encompasses its disclosures in relation to International Paper Company.

R. P.

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