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:

12 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:

17,989,562

2.99%

2,215,963

0.37%

(2)

Cash-settled derivatives:

and/or controlled:

458,104

0.08%

17,422,876

2.90%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

18,447,666

3.07%

19,638,839

3.26%

(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

906,346

12.8348 GBP

12.8274 GBP

5p ordinary

Sale

416,088

12.8325 GBP

12.8275 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

Closing Long

285

12.8300 GBP

5p ordinary

SWAP

Opening Short

795

12.8306 GBP

5p ordinary

SWAP

Opening Short

46

12.8306 GBP

5p ordinary

SWAP

Opening Short

126

12.8306 GBP

5p ordinary

SWAP

Opening Short

4,128

12.8306 GBP

5p ordinary

SWAP

Opening Short

5,791

12.8306 GBP

5p ordinary

SWAP

Opening Short

416

12.8306 GBP

5p ordinary

SWAP

Opening Short

4,534

12.8306 GBP

5p ordinary

SWAP

Decreasing Short

316

12.8350 GBP

5p ordinary

SWAP

Increasing Short

1,660

12.8306 GBP

5p ordinary

SWAP

Decreasing Long

2,705

12.8308 GBP

5p ordinary

SWAP

Increasing Short

457,972

12.8300 GBP

5p ordinary

CFD

Decreasing Short

263

12.8341 GBP

5p ordinary

CFD

Closing Long

16,191

12.8307 GBP

5p ordinary

CFD

Opening Short

21,382

12.8307 GBP

5p ordinary

SWAP

Increasing Short

27,000

12.8309 GBP

5p ordinary

SWAP

Decreasing Short

5,742

12.8290 GBP

5p ordinary

SWAP

Increasing Long

14,305

12.8291 GBP

5p ordinary

SWAP

Increasing Short

68,675

12.8299 GBP

5p ordinary

CFD

Increasing Short

263

12.8309 GBP

5p ordinary

SWAP

Increasing Short

5,501

12.8346 GBP

5p ordinary

SWAP

Increasing Short

542

12.8332 GBP

5p ordinary

SWAP

Decreasing Short

13,178

12.8299 GBP

5p ordinary

SWAP

Decreasing Short

114

12.8300 GBP

5p ordinary

SWAP

Increasing Short

800

12.8320 GBP

5p ordinary

SWAP

Increasing Short

35,949

12.8300 GBP

5p ordinary

SWAP

Increasing Short

1,188

12.8350 GBP

5p ordinary

SWAP

Decreasing Short

165,628

12.8300 GBP

5p ordinary

SWAP

Decreasing Short

41

12.8300 GBP

5p ordinary

SWAP

Increasing Short

8,302

12.8316 GBP

5p ordinary

SWAP

Increasing Short

2,000

12.8300 GBP

5p ordinary

SWAP

Increasing Short

3,010

12.8325 GBP

5p ordinary

SWAP

Decreasing Short

6,062

12.8300 GBP

5p ordinary

SWAP

Increasing Short

23,241

12.8348 GBP

5p ordinary

SWAP

Increasing Short

15,669

12.8300 GBP

5p ordinary

SWAP

Increasing Short

1,781

12.8321 GBP

5p ordinary

SWAP

Increasing Short

73

12.8325 GBP

5p ordinary

SWAP

Decreasing Short

46

12.8275 GBP

5p ordinary

SWAP

Decreasing Short

39,106

12.8300 GBP

5p ordinary

SWAP

Increasing Short

25,034

12.8340 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:

15 Jun 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213