BRIEF

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

The Vanguard Group, Inc.: Disclosure of Interests in Smith (DS) plc

The Vanguard Group, Inc. disclosed its positions as per Rule 8.3 of the Takeover Code regarding Smith (DS) plc. The disclosure made on June 10, 2024, pertains to Vanguard's holdings and dealings in Smith (DS) plc, showing significant interests and short positions.

As of June 7, 2024, Vanguard controls 62,094,525 shares, equating to a 4.50% stake in Smith (DS) plc. They also confirmed dealing in the ordinary 10p shares, with a purchase of 1,440 shares at 3.70 GBP per unit.

No additional indemnities or options were reported. Furthermore, Vanguard noted no agreements or understandings related to voting rights or future acquisitions linked to derivatives. The disclosure affects both Smith (DS) plc and International Paper Company, indicating a broader interest in related entities.

R. P.

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