The Vanguard Group, Inc. Announces Position in Mondi plc

The Vanguard Group, Inc. disclosed its position in Mondi plc according to Form 8.3, stating its interests as required by the Takeover Code. On 12 March 2024, The Vanguard Group reported holding 21,362,893 shares in Mondi plc, which represents 4.84% of the company's EUR 0.22 ordinary shares. This disclosure was made public in alignment with regulatory requirements managing public opening position disclosures in situations where interests in relevant securities represent 1% or more.

In addition to its position in Mondi plc, The Vanguard Group also disclosed dealing with other entities related to the offer, including Smith (DS) plc. However, the specific details of these dealings were not elaborated in the communication. The only detailed transaction reported was a purchase of 3,264 Mondi plc securities at a price of 13.29 GBP per unit. This transaction underscores active engagement by The Vanguard Group in the market, reflecting their ongoing investment strategies.

No indemnity, option arrangement, or any agreement deemed as an inducement to deal or refrain from dealing was reported in this disclosure. This transparency and compliance with the regulatory framework underline The Vanguard Group's commitment to adhering to market rules and regulations.