BRIEF

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

Vanguard Group Discloses Position in Smith (DS) plc

The Vanguard Group, Inc. has made a public opening position disclosure regulated by the Takeover Code. This disclosure pertains to Smith (DS) plc, with the position being held as of 22 July 2024.

The document reveals that Vanguard holds 67,218,032 ordinary shares in Smith (DS) plc, representing 4.87% of the relevant securities. The disclosure is also extended to include International Paper Company.

Vanguard's recent dealings include the purchase of 38,563 ordinary shares at 4.49 GBP per unit. There are no disclosed short positions, stock-settled derivatives, or cash-settled derivative transactions.

No agreements, arrangements, or understandings related to options or derivatives have been reported. Additionally, no indemnity or other dealing arrangements are in place.

R. H.

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