BRIEF

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

Vanguard Group's Disclosure on Balanced Commercial Property Trust Limited

On 26 July 2024, The Vanguard Group, Inc. disclosed its position in Balanced Commercial Property Trust Limited via Form 8.3. The form reveals interests in relevant securities representing 1% or more, adhering to Rule 8.3 of the Takeover Code.

The disclosure states that Vanguard holds 30,355,076 shares, amounting to 4.33% of 1p ordinary shares. There are no disclosed short positions, stock-settled derivatives, or rights to subscribe for new securities related to this entity.

On 25 July 2024, Vanguard purchased 18,290 1p ordinary shares at 0.83 GBP per share. No cash-settled or stock-settled derivatives were noted.

Vanguard confirms the absence of indemnities, options, or other dealing arrangements related to the securities. No agreements or understandings regarding voting rights, acquisitions, or disposals of relevant securities were reported.

Disclosure contact: Shawn Acker, 001-610-669-6713.

R. P.

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