BRIEF

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

The Vanguard Group Discloses Position in Smith (DS) plc

The Vanguard Group, Inc. has submitted Form 8.3, revealing its interest in Smith (DS) plc's securities. As of January 10, 2025, Vanguard holds 68,534,306 ordinary shares, representing a 4.96% stake. This disclosure pertains to Rule 8.3 of the Takeover Code, which requires transparency when a discloser holds 1% or more of relevant securities.

Additionally, Vanguard has engaged in the purchase of 4,250 ordinary shares at 5.70 GBP each. The disclosure also mentions International Paper Company in relation to ongoing offers involving Smith (DS) plc. No indemnity, derivative agreements, or formal arrangements were reported in connection with this disclosure.

The information was officially disclosed on January 13, 2025, by contact Shawn Acker from Vanguard. There are no additional attachments related to open positions.

R. E.

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