BRIEF

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

The Vanguard Group Discloses Position in Redrow plc

The Vanguard Group, Inc. has filed a Form 8.3 in accordance with Rule 8.3 of the Takeover Code. The disclosure, dated May 21, 2024, pertains to their interests in the securities of Redrow plc.

As of May 20, 2024, Vanguard owns and controls a total of 13,177,955 ordinary shares of Redrow plc, representing 3.98% of the company's relevant securities. Additionally, Vanguard made recent purchases of Redrow plc shares, including 3,189 shares at 7.33 GBP per unit and 4,455 shares at 7.34 GBP per unit.

Alongside its position in Redrow plc, Vanguard also holds interests in Barratt Developments plc, another party related to the offer.

No indemnity or option arrangements, or agreements surrounding relevant securities that might induce dealing, were reported. Similarly, there are no agreements or understandings related to the voting rights of any relevant securities under any option.

R. E.

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