BRIEF

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

The Vanguard Group Discloses Position in Balanced Commercial Property Trust

The Vanguard Group, Inc. has made a public opening position disclosure concerning Balanced Commercial Property Trust Limited. The disclosure, under Rule 8.3 of the Takeover Code, reveals Vanguard's interests and dealings in relevant securities of the trust. The disclosure is dated September 24, 2024.

Vanguard holds 31,295,260 ordinary shares, amounting to 4.46% of the relevant securities. Additionally, on September 23, 2024, Vanguard sold 68,691 ordinary shares at 0.95 GBP per unit. No cash-settled or stock-settled derivative positions, other dealings, indemnity, or option arrangements were reported.

Further, there are no agreements, arrangements, or understandings related to options or derivatives. No Supplemental Form 8 is attached to this disclosure.

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