BRIEF

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

Vanguard's Stake Disclosure in Smith (DS) plc

The Vanguard Group, Inc. has disclosed its public opening position under the Rule 8.3 of the Takeover Code. This announcement, dated 30th January 2025, concerns its interest in Smith (DS) plc.

Vanguard holds a 4.96% interest in Smith (DS) plc, comprising 68,533,296 ordinary shares. Additionally, purchases and sales of these securities were reported, including a purchase of 1,021 shares at 5.97 GBP per share and a sale of 3,724 shares at 5.96 GBP per share.

No derivatives or other arrangements were indicated, and there were no agreements related to voting rights or future acquisitions. The date of the disclosure was 29th January 2025, and it was submitted by Shawn Acker on behalf of Vanguard.

R. E.

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