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:

10 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:

16,012,267

2.66%

2,367,178

0.39%

(2)

Cash-settled derivatives:

and/or controlled:

609,319

0.10%

15,445,581

2.57%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

16,621,586

2.76%

17,812,759

2.96%

(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

745,530

12.8331 GBP

12.8242 GBP

5p ordinary

Sale

1,846,081

12.8350 GBP

12.8200 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

Increasing Short

206

12.8300 GBP

5p ordinary

SWAP

Decreasing Short

799

12.8286 GBP

5p ordinary

SWAP

Increasing Long

2,463

12.8252 GBP

5p ordinary

SWAP

Closing Short

62,354

12.8300 GBP

5p ordinary

SWAP

Increasing Short

124,581

12.8300 GBP

5p ordinary

SWAP

Increasing Short

1,523

12.8306 GBP

5p ordinary

SWAP

Increasing Long

32,389

12.8296 GBP

5p ordinary

SWAP

Decreasing Short

375,950

12.8300 GBP

5p ordinary

CFD

Increasing Short

621

12.8359 GBP

5p ordinary

CFD

Decreasing Long

45,373

12.8319 GBP

5p ordinary

SWAP

Opening Short

140

12.8303 GBP

5p ordinary

SWAP

Decreasing Short

3,928

12.8293 GBP

5p ordinary

SWAP

Increasing Short

7,738

12.8257 GBP

5p ordinary

SWAP

Decreasing Short

11,492

12.8290 GBP

5p ordinary

SWAP

Increasing Short

1

12.8300 GBP

5p ordinary

SWAP

Increasing Long

739

12.8298 GBP

5p ordinary

SWAP

Decreasing Short

97

12.8350 GBP

5p ordinary

SWAP

Decreasing Long

57,443

12.8297 GBP

5p ordinary

SWAP

Decreasing Short

1,074,384

12.8300 GBP

5p ordinary

CFD

Decreasing Short

621

12.8290 GBP

5p ordinary

SWAP

Decreasing Short

35,780

12.8264 GBP

5p ordinary

SWAP

Decreasing Long

24,046

12.8308 GBP

5p ordinary

SWAP

Increasing Short

75,090

12.8298 GBP

5p ordinary

SWAP

Increasing Short

3,751

12.8298 GBP

5p ordinary

SWAP

Increasing Short

2,640

12.8300 GBP

5p ordinary

SWAP

Increasing Short

6,158

12.8309 GBP

5p ordinary

SWAP

Increasing Short

30,919

12.8300 GBP

5p ordinary

SWAP

Decreasing Short

7,559

12.8254 GBP

5p ordinary

SWAP

Increasing Short

1,854

12.8300 GBP

5p ordinary

SWAP

Increasing Short

212

12.8325 GBP

5p ordinary

SWAP

Decreasing Short

1,143

12.8239 GBP

5p ordinary

SWAP

Increasing Short

2,650

12.8300 GBP

5p ordinary

SWAP

Increasing Short

1,509

12.8279 GBP

5p ordinary

SWAP

Increasing Short

6,615

12.8300 GBP

5p ordinary

SWAP

Decreasing Short

1,844

12.8225 GBP

5p ordinary

SWAP

Decreasing Short

27,588

12.8300 GBP

5p ordinary

SWAP

Increasing Short

109,010

12.8300 GBP

5p ordinary

SWAP

Increasing Short

137,643

12.8315 GBP

5p ordinary

SWAP

Decreasing Short

8,294

12.8200 GBP

5p ordinary

SWAP

Increasing Short

643

12.8248 GBP

5p ordinary

SWAP

Decreasing Short

53,074

12.8231 GBP

5p ordinary

SWAP

Increasing Short

3,045

12.8291 GBP

5p ordinary

SWAP

Decreasing Short

600

12.8244 GBP

5p ordinary

SWAP

Decreasing Short

1,760

12.8225 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:

11 Jun 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213