BRIEF

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

The Vanguard Group Discloses Interest in Smith (DS) plc

The Vanguard Group, Inc. has disclosed its position in Smith (DS) plc, in compliance with Rule 8.3 of the Takeover Code. The disclosure covers relevant securities representing 1% or more of Smith (DS) plc.

As of June 24, 2024, Vanguard holds 66,513,966 ordinary shares of 10p each, equating to 4.82% of Smith (DS) plc. The group also disclosed a recent purchase of 63,929 shares at a price of £3.61 per share.

Vanguard also acknowledged making disclosures related to another party to the offer, International Paper Company. The document confirmed no agreements or indemnities related to the securities involved.

The information details Vanguard's substantial holding in Smith (DS) plc, contributing to the transparency required by the Takeover Code.

R. H.

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