Beazley Regulatory News (BEZ)

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:

28 May 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:

16,062,059

2.67%

2,401,729

0.40%

(2)

Cash-settled derivatives:

and/or controlled:

642,519

0.11%

15,372,823

2.56%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

16,704,578

2.78%

17,774,552

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

414,648

12.8114 GBP

12.8050 GBP

5p ordinary

Sale

443,038

12.8125 GBP

12.8041 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

7,800

12.8041 GBP

5p ordinary

SWAP

Decreasing Short

8,795

12.8044 GBP

5p ordinary

SWAP

Decreasing Short

43,017

12.8049 GBP

5p ordinary

SWAP

Decreasing Short

154,900

12.8050 GBP

5p ordinary

SWAP

Decreasing Short

548

12.8065 GBP

5p ordinary

SWAP

Decreasing Short

79

12.8075 GBP

5p ordinary

SWAP

Decreasing Short

1,906

12.8079 GBP

5p ordinary

SWAP

Decreasing Short

60

12.8089 GBP

5p ordinary

SWAP

Decreasing Short

49,900

12.8091 GBP

5p ordinary

SWAP

Decreasing Short

1,019

12.8095 GBP

5p ordinary

SWAP

Decreasing Short

553

12.8096 GBP

5p ordinary

SWAP

Decreasing Short

2,858

12.8097 GBP

5p ordinary

SWAP

Decreasing Short

200

12.8098 GBP

5p ordinary

SWAP

Decreasing Short

30,813

12.8100 GBP

5p ordinary

SWAP

Increasing Short

110

12.8000 GBP

5p ordinary

SWAP

Increasing Short

2,922

12.8059 GBP

5p ordinary

SWAP

Increasing Short

23,692

12.8068 GBP

5p ordinary

SWAP

Increasing Short

23,941

12.8096 GBP

5p ordinary

SWAP

Increasing Short

30,800

12.8098 GBP

5p ordinary

SWAP

Increasing Short

23,955

12.8100 GBP

5p ordinary

SWAP

Increasing Short

225,000

12.8114 GBP

5p ordinary

SWAP

Increasing Short

18,070

12.8176 GBP

5p ordinary

CFD

Decreasing Short

578

12.7991 GBP

5p ordinary

CFD

Decreasing Short

60,203

12.8054 GBP

5p ordinary

CFD

Decreasing Short

608

12.8086 GBP

5p ordinary

CFD

Increasing Short

4,449

12.8057 GBP

5p ordinary

CFD

Increasing Short

578

12.8108 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:

29 May 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213