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:

09 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:

17,204,161

2.86%

2,458,521

0.41%

(2)

Cash-settled derivatives:

and/or controlled:

700,590

0.12%

16,596,299

2.76%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

17,904,751

2.98%

19,054,820

3.17%

(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

1,958,895

12.8540 GBP

12.8250 GBP

5p ordinary

Sale

227,264

12.8390 GBP

12.8241 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 Short

75

12.8298 GBP

5p ordinary

SWAP

Decreasing Short

93

12.8289 GBP

5p ordinary

SWAP

Decreasing Short

30

12.8289 GBP

5p ordinary

SWAP

Decreasing Short

100

12.8348 GBP

5p ordinary

SWAP

Increasing Long

136

12.8269 GBP

5p ordinary

SWAP

Decreasing Short

5,309

12.8332 GBP

5p ordinary

SWAP

Increasing Short

953

12.8328 GBP

5p ordinary

SWAP

Increasing Short

1,461

12.8256 GBP

5p ordinary

SWAP

Decreasing Long

28,897

12.8312 GBP

5p ordinary

SWAP

Increasing Short

142,733

12.8542 GBP

5p ordinary

SWAP

Decreasing Short

48,639

12.8278 GBP

5p ordinary

CFD

Decreasing Short

162

12.8340 GBP

5p ordinary

CFD

Decreasing Long

22,900

12.8307 GBP

5p ordinary

SWAP

Increasing Short

95,070

12.8316 GBP

5p ordinary

SWAP

Decreasing Short

11,487

12.8271 GBP

5p ordinary

SWAP

Closing Long

32,653

12.8389 GBP

5p ordinary

SWAP

Increasing Long

9,693

12.8291 GBP

5p ordinary

SWAP

Decreasing Short

24

12.8323 GBP

5p ordinary

SWAP

Increasing Short

8,850

12.8257 GBP

5p ordinary

SWAP

Increasing Long

1,897

12.8241 GBP

5p ordinary

SWAP

Decreasing Short

486

12.8325 GBP

5p ordinary

CFD

Increasing Short

162

12.8259 GBP

5p ordinary

SWAP

Increasing Short

2,939

12.8250 GBP

5p ordinary

SWAP

Increasing Short

4,509

12.8332 GBP

5p ordinary

SWAP

Increasing Short

114

12.8250 GBP

5p ordinary

SWAP

Increasing Short

1,146

12.8250 GBP

5p ordinary

SWAP

Increasing Short

4,061

12.8331 GBP

5p ordinary

SWAP

Decreasing Short

3,696

12.8270 GBP

5p ordinary

SWAP

Increasing Short

36,597

12.8250 GBP

5p ordinary

SWAP

Decreasing Short

22,807

12.8272 GBP

5p ordinary

SWAP

Increasing Short

12,404

12.8333 GBP

5p ordinary

SWAP

Increasing Short

6,015

12.8333 GBP

5p ordinary

SWAP

Increasing Short

193,811

12.8294 GBP

5p ordinary

SWAP

Increasing Short

2,083

12.8326 GBP

5p ordinary

SWAP

Increasing Short

1,232,000

12.8324 GBP

5p ordinary

SWAP

Decreasing Short

15,909

12.8298 GBP

5p ordinary

SWAP

Increasing Short

39,241

12.8313 GBP

5p ordinary

SWAP

Increasing Short

148

12.8325 GBP

5p ordinary

SWAP

Increasing Short

19,909

12.8319 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:

10 Jun 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213