BRIEF

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

The Vanguard Group Discloses Position in Smith (DS) plc

The Vanguard Group, Inc. has issued a public opening position disclosure as mandated by the Takeover Code. The disclosure, dated September 20, 2024, concerns Vanguard's interests in the securities of Smith (DS) plc. This filing is required for entities with interests representing 1% or more.

As of September 19, 2024, Vanguard held 67,760,263 ordinary shares in Smith (DS) plc, amounting to 4.91% of the class's relevant securities. Additionally, the disclosure confirms that no other positions, rights to subscribe, or dealings by Vanguard exist concerning Smith (DS) plc's securities.

A supplemental form is not attached, reaffirming the absence of any indemnities, arrangements, or understandings related to the securities in question. The document provides transparency to all stakeholders involved in the matter.

For further information, interested parties may contact Shawn Acker at the provided telephone number.

R. E.

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