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

Vanguard Group Discloses Position in DS Smith PLC

The Vanguard Group, Inc. made a public disclosure on June 21, 2024, about its position in DS Smith PLC, in accordance with Rule 8.3 of the Takeover Code. The disclosure reveals that Vanguard holds 62,147,170 ordinary shares of 10p each, representing 4.50% of DS Smith PLC's relevant securities.

The transaction details include a purchase of 303 ordinary shares at a price of 3.62 GBP per unit on June 20, 2024. Vanguard indicated that it has no open stock-settled derivative positions, nor any rights to subscribe for new securities. Additionally, there are no indemnity agreements or arrangements related to these securities.

Furthermore, Vanguard has disclosed it is also making reports with respect to the International Paper Company, besides DS Smith PLC. No supplemental Form 8 is attached, and there are no other relevant agreements or understandings regarding voting rights or future acquisitions.

The contact person for this disclosure is Shawn Acker, reachable at 001-610-669-6713. This announcement contributes to maintaining transparency in the financial markets and adheres to the regulatory requirements of the Takeover Code.

R. P.

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