BRIEF

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

The Vanguard Group, Inc.: Disclosure on Smith (DS) plc

The Vanguard Group, Inc. has submitted a disclosure form under Rule 8.3 of the Takeover Code, concerning its stake in Smith (DS) plc, as of August 15, 2024. Vanguard holds 67,709,979 10p ordinary shares representing 4.91% of Smith (DS) plc's relevant securities.

The disclosure details purchases and sales involving these securities. Notably, there were purchases of 97,359 and 16,428 shares at 4.60 GBP and 4.62 GBP, respectively, and a sale of 16,428 shares at 4.62 GBP.

Vanguard also clarified it does not have any indemnity arrangements or agreements related to options or derivatives for these securities. Additionally, no other information related to voting rights or future transactions was provided.

R. E.

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