BRIEF

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

The Vanguard Group Discloses Position in Smith (DS) plc

The Vanguard Group, Inc. has made public its position in Smith (DS) plc via Form 8.3. The disclosure follows Rule 8.3 of the Takeover Code and provides detailed information on their holdings.

As of September 17, 2024, The Vanguard Group controls 67,686,896 ordinary shares of Smith (DS) plc, representing 4.90% of the total shares. Additionally, the document reveals that Vanguard purchased 13,411 ordinary shares at a price of 4.78 GBP per unit.

No cash-settled or stock-settled derivative positions have been reported. Moreover, the document confirms that no agreements, arrangements, or understandings affecting relevant securities exist.

This disclosure also extends to International Paper Company, indicating Vanguard's involvement with another associated entity. Per the provided information, future acquisitions or disposals are not anticipated.

R. H.

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