BRIEF

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

Vanguard Discloses Position in Adriatic Metals

On August 28, 2025, The Vanguard Group, Inc. disclosed its position concerning the securities of Adriatic Metals plc. According to Form 8.3 filed under Rule 8.3 of the Takeover Code, Vanguard holds no interests or short positions in the CHESS Depositary Interests of Adriatic Metals. The disclosure also references Dundee Precious Metals plc, indicating their involvement in the same context.

Vanguard reported a sale of 5,070,593 CHESS Depositary Interests at a price of 6.22 AUD per unit. The disclosure lacks any open stock-settled derivative positions or agreements related to these securities. Furthermore, no indemnity or agreements concerning voting rights or derivatives exist.

The disclosure was made on August 29, 2025, by Shawn Acker. No Supplemental Form 8 is attached to provide additional details on open positions.

R. H.

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