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Vanguard Group's Disclosure on Direct Line Insurance Stake

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The Vanguard Group, Inc. has made a public disclosure concerning its stake in Direct Line Insurance Group plc, in compliance with Rule 8.3 of the Takeover Code. This disclosure pertains to interests representing 1% or more in relevant securities.

On February 25, 2025, Vanguard held 70,735,095 ordinary shares, equating to a 5.39% interest in Direct Line. Additionally, Vanguard is also involved in disclosures concerning Aviva plc. Notably, Vanguard engaged in securities transactions, purchasing 58,081 shares at 2.67 GBP each, and selling a total of 317,673 shares at 2.66 and 2.67 GBP per unit.

Vanguard reports no engagements in cash-settled or stock-settled derivatives related to these shares, nor are there any indemnity or other dealing arrangements. No supplemental Open Positions form is attached, underscoring a straightforward disclosure process.

R. E.

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