Barclays Regulatory News (BARC)

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR

MORE

Rule 8.3 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Full name of discloser:

Barclays PLC.

(b)

Owner or controller of interest and short

positions disclosed, if different from 1(a):

(c)

Name of offeror/offeree in relation to whose

DS SMITH PLC

relevant securities this form relates:

(d)

If an exempt fund manager connected with an

offeror/offeree, state this and specify identity of

offeror/offeree:

(e)

Date position held/dealing undertaken:

26 Feb 2024

(f)

In addition to the company in 1(c) above, is the discloser making

YES:

disclosures in respect of any other party to the offer?

MONDI PLC

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(a)

Interests and short positions in the relevant securities of the offeror or offeree

to which the disclosure relates following the dealing(if any)

Class of relevant security:

10p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

9,022,935

0.66%

5,672,979

0.41%

(2)

Cash-settled derivatives:

and/or controlled:

5,209,080

0.38%

8,652,175

0.63%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

14,232,015

1.03%

14,325,154

1.04%

(b)

Rights to subscribe for new securities (including directors and other executive

options)

Class of relevant security in relation to

which subscription right exists

Details, including nature of the rights

concerned and relevant percentages:

3.

DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a)

Purchases and sales

Class of relevant

Purchase/sale

Number of

Price per unit

security

securities

10p ordinary

Purchase

293,288

3.1842 GBP

10p ordinary

Purchase

282,695

3.1840 GBP

10p ordinary

Purchase

82,900

3.1966 GBP

10p ordinary

Purchase

31,570

3.1900 GBP

10p ordinary

Purchase

12,149

3.1883 GBP

10p ordinary

Purchase

10,271

3.1942 GBP

10p ordinary

Purchase

9,984

3.1818 GBP

10p ordinary

Purchase

4,779

3.2025 GBP

10p ordinary

Purchase

4,619

3.1829 GBP

10p ordinary

Purchase

3,583

3.1834 GBP

10p ordinary

Purchase

3,194

3.1945 GBP

10p ordinary

Purchase

3,184

3.1995 GBP

10p ordinary

Purchase

2,988

3.2041 GBP

10p ordinary

Purchase

2,915

3.1796 GBP

10p ordinary

Purchase

2,270

3.1779 GBP

10p ordinary

Purchase

2,238

3.1850 GBP

10p ordinary

Purchase

2,072

3.1947 GBP

10p ordinary

Purchase

1,983

3.2031 GBP

10p ordinary

Purchase

1,580

3.1810 GBP

10p ordinary

Purchase

1,484

3.2050 GBP

10p ordinary

Purchase

1,450

3.1781 GBP

10p ordinary

Purchase

1,304

3.1861 GBP

10p ordinary

Purchase

1,148

3.1770 GBP

10p ordinary

Purchase

1,112

3.1855 GBP

10p ordinary

Purchase

910

3.2000 GBP

10p ordinary

Purchase

875

3.2020 GBP

10p ordinary

Purchase

648

3.2090 GBP

10p ordinary

Purchase

298

3.1867 GBP

10p ordinary

Purchase

203

3.1811 GBP

10p ordinary

Purchase

133

3.1809 GBP

10p ordinary

Purchase

19

3.1860 GBP

10p ordinary

Purchase

10

3.1820 GBP

10p ordinary

Purchase

8

3.1830 GBP

10p ordinary

Purchase

1

3.1790 GBP

10p ordinary

Sale

146,684

3.1840 GBP

10p ordinary

Sale

106,125

3.1841 GBP

10p ordinary

Sale

13,689

3.2025 GBP

10p ordinary

Sale

13,528

3.1855 GBP

10p ordinary

Sale

6,055

3.1929 GBP

10p ordinary

Sale

6,036

3.1843 GBP

10p ordinary

Sale

5,770

3.2120 GBP

10p ordinary

Sale

5,092

3.1852 GBP

10p ordinary

Sale

4,345

3.1839 GBP

10p ordinary

Sale

4,243

3.1865 GBP

10p ordinary

Sale

3,819

3.1787 GBP

10p ordinary

Sale

3,203

3.2037 GBP

10p ordinary

Sale

2,461

3.1850 GBP

10p ordinary

Sale

1,884

3.2089 GBP

10p ordinary

Sale

1,484

3.2050 GBP

10p ordinary

Sale

1,316

3.1822 GBP

10p ordinary

Sale

1,304

3.1861 GBP

10p ordinary

Sale

1,148

3.1770 GBP

10p ordinary

Sale

960

3.2040 GBP

10p ordinary

Sale

847

3.1810 GBP

10p ordinary

Sale

649

3.1856 GBP

10p ordinary

Sale

168

3.2038 GBP

10p ordinary

Sale

145

3.1830 GBP

10p ordinary

Sale

19

3.1860 GBP

10p ordinary

Sale

10

3.1800 GBP

10p ordinary

Sale

10

3.1820 GBP

10p ordinary

Sale

1

3.1790 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

10p ordinary

SWAP

Closing Long

1

3.1800 GBP

10p ordinary

SWAP

Decreasing Long

188

3.2035 GBP

10p ordinary

SWAP

Decreasing Long

203

3.1811 GBP

10p ordinary

SWAP

Decreasing Long

1,065

3.1850 GBP

10p ordinary

SWAP

Decreasing Long

2,577

3.1808 GBP

10p ordinary

SWAP

Decreasing Long

2,905

3.1796 GBP

10p ordinary

SWAP

Decreasing Long

3,583

3.1834 GBP

10p ordinary

SWAP

Decreasing Long

9,984

3.1818 GBP

10p ordinary

SWAP

Decreasing Long

63,070

3.1853 GBP

10p ordinary

SWAP

Decreasing Long

82,900

3.1966 GBP

10p ordinary

SWAP

Decreasing Long

186,072

3.1840 GBP

10p ordinary

SWAP

Decreasing Short

167

3.1772 GBP

10p ordinary

SWAP

Decreasing Short

1,149

3.1830 GBP

10p ordinary

CFD

Decreasing Short

1,304

3.1861 GBP

10p ordinary

SWAP

Decreasing Short

1,549

3.1800 GBP

10p ordinary

SWAP

Decreasing Short

4,345

3.1839 GBP

10p ordinary

CFD

Decreasing Short

16,209

3.1839 GBP

10p ordinary

CFD

Decreasing Short

30,000

3.1845 GBP

10p ordinary

CFD

Decreasing Short

34,945

3.1840 GBP

10p ordinary

SWAP

Increasing Long

168

3.2038 GBP

10p ordinary

SWAP

Increasing Long

960

3.2040 GBP

10p ordinary

SWAP

Increasing Long

1,484

3.2050 GBP

10p ordinary

SWAP

Increasing Long

1,884

3.2089 GBP

10p ordinary

SWAP

Increasing Long

2,647

3.1840 GBP

10p ordinary

SWAP

Increasing Long

6,062

3.2120 GBP

10p ordinary

SWAP

Increasing Short

18

3.1820 GBP

10p ordinary

SWAP

Increasing Short

302

3.2040 GBP

10p ordinary

CFD

Increasing Short

708

3.1840 GBP

10p ordinary

SWAP

Increasing Short

1,432

3.1781 GBP

10p ordinary

SWAP

Increasing Short

10,271

3.1942 GBP

10p ordinary

CFD

Increasing Short

12,720

3.1822 GBP

10p ordinary

CFD

Increasing Short

14,824

3.1839 GBP

10p ordinary

SWAP

Increasing Short

16,169

3.1983 GBP

10p ordinary

SWAP

Increasing Short

110,674

3.1840 GBP

10p ordinary

SWAP

Opening Short

1,848

3.1809 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

of

description

purchasing,

of

price

date

money

relevant

selling,

securities

per unit

paid/

security

varying etc

to which

received

option

per unit

relates

(ii)

Exercising

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

security

securities

unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant

Nature of Dealings

Details

Price per unit (if

security

applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings arrangements

Details of any indemnity or option arrangement, or any agreement or understanding,

formal or informal, relating to relevant securities which may be an inducement to deal

or refrain from dealing entered into by the exempt principal trader making the disclosure and any party

to the offer or any person acting in concert with a party to the offer:

NONE

(b)

Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between

the person making the disclosure and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights of future acquisition or disposal of any relevant securities to which

any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

27 Feb 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213