Barclays Regulatory News (BARC)

FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS

(OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Name of exempt principal trader:

BARCLAYS CAPITAL SECURITIES LTD

(b)

Name of offeror/offeree in relation to whose

BEAZLEY PLC

relevant securities this form relates:

(c)

Name of the party to the offer with which exempt

BEAZLEY PLC

principal trader is connected

(d)

Date position held/dealing undertaken:

11 Jun 2026

(e)

In addition to the company in 1(b) above, is the exempt principal

NO

trader making disclosures in respect of any other party to the offer?

2.

POSITIONS OF THE EXEMPT PRINCIPAL TRADER

(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:

5p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

17,504,180

2.91%

2,220,839

0.37%

(2)

Cash-settled derivatives:

and/or controlled:

462,980

0.08%

16,937,494

2.82%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

17,967,160

2.99%

19,158,333

3.19%

(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

Total number of

Highest price per unit

Lowest price per unit

security

securities

paid/received

paid/received

5p ordinary

Purchase

1,807,247

12.8375 GBP

12.8291 GBP

5p ordinary

Sale

168,995

12.8350 GBP

12.8278 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

5p ordinary

SWAP

Decreasing Long

2,880

12.8330 GBP

5p ordinary

SWAP

Increasing Short

31,379

12.8296 GBP

5p ordinary

SWAP

Increasing Short

1,598

12.8306 GBP

5p ordinary

SWAP

Decreasing Long

59,500

12.8315 GBP

5p ordinary

SWAP

Increasing Short

43,704

12.8320 GBP

5p ordinary

CFD

Increasing Short

395

12.8258 GBP

5p ordinary

CFD

Decreasing Long

62,482

12.8340 GBP

5p ordinary

SWAP

Closing Short

140

12.8295 GBP

5p ordinary

SWAP

Closing Short

2,375

12.8308 GBP

5p ordinary

SWAP

Decreasing Short

9,117

12.8307 GBP

5p ordinary

SWAP

Opening Short

9,034

12.8314 GBP

5p ordinary

SWAP

Opening Short

190,966

12.8314 GBP

5p ordinary

SWAP

Decreasing Long

8,794

12.8328 GBP

5p ordinary

SWAP

Decreasing Short

6,520

12.8278 GBP

5p ordinary

SWAP

Increasing Short

676

12.8300 GBP

5p ordinary

CFD

Decreasing Short

395

12.8291 GBP

5p ordinary

CFD

Increasing Long

2,500

12.8342 GBP

5p ordinary

SWAP

Decreasing Long

15,183

12.8321 GBP

5p ordinary

SWAP

Increasing Short

7,859

12.8330 GBP

5p ordinary

SWAP

Increasing Short

18,343

12.8356 GBP

5p ordinary

SWAP

Increasing Short

1,154

12.8300 GBP

5p ordinary

SWAP

Decreasing Short

507

12.8300 GBP

5p ordinary

SWAP

Increasing Short

23,044

12.8359 GBP

5p ordinary

SWAP

Increasing Short

45,596

12.8300 GBP

5p ordinary

SWAP

Decreasing Short

13,743

12.8300 GBP

5p ordinary

SWAP

Increasing Short

9,738

12.8325 GBP

5p ordinary

SWAP

Decreasing Short

34

12.8300 GBP

5p ordinary

SWAP

Increasing Short

17,807

12.8325 GBP

5p ordinary

SWAP

Increasing Short

13,044

12.8300 GBP

5p ordinary

SWAP

Increasing Short

216,610

12.8356 GBP

5p ordinary

SWAP

Increasing Short

23,580

12.8336 GBP

5p ordinary

SWAP

Increasing Short

500,000

12.8314 GBP

5p ordinary

SWAP

Increasing Short

7,625

12.8342 GBP

5p ordinary

SWAP

Decreasing Short

272

12.8287 GBP

5p ordinary

SWAP

Increasing Short

362,864

12.8348 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 exempt principal trader 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:

12 Jun 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213