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 Apr 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:

20,817,225

3.46%

2,255,109

0.37%

(2)

Cash-settled derivatives:

and/or controlled:

480,591

0.08%

20,079,027

3.34%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

21,297,816

3.54%

22,334,136

3.71%

(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

407,974

12.7602 GBP

12.7525 GBP

5p ordinary

Sale

467,827

12.7608 GBP

12.7500 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

7,377

12.7500 GBP

5p ordinary

SWAP

Decreasing Short

22,049

12.7505 GBP

5p ordinary

SWAP

Decreasing Short

26,204

12.7506 GBP

5p ordinary

SWAP

Decreasing Short

218,369

12.7508 GBP

5p ordinary

SWAP

Decreasing Short

2,195

12.7536 GBP

5p ordinary

SWAP

Decreasing Short

530

12.7539 GBP

5p ordinary

SWAP

Decreasing Short

7,799

12.7541 GBP

5p ordinary

SWAP

Decreasing Short

692

12.7548 GBP

5p ordinary

SWAP

Decreasing Short

516

12.7571 GBP

5p ordinary

SWAP

Decreasing Short

13,610

12.7575 GBP

5p ordinary

SWAP

Decreasing Short

12,000

12.7590 GBP

5p ordinary

SWAP

Decreasing Short

1,291

12.7593 GBP

5p ordinary

SWAP

Decreasing Short

41,168

12.7600 GBP

5p ordinary

SWAP

Increasing Short

3,943

12.7532 GBP

5p ordinary

SWAP

Increasing Short

9,255

12.7542 GBP

5p ordinary

SWAP

Increasing Short

64,991

12.7550 GBP

5p ordinary

SWAP

Increasing Short

9,183

12.7552 GBP

5p ordinary

SWAP

Increasing Short

86,909

12.7556 GBP

5p ordinary

SWAP

Increasing Short

22,346

12.7569 GBP

5p ordinary

SWAP

Increasing Short

42,487

12.7600 GBP

5p ordinary

SWAP

Increasing Short

7,949

12.7602 GBP

5p ordinary

SWAP

Increasing Short

18,863

12.7606 GBP

5p ordinary

CFD

Decreasing Short

1,633

12.7515 GBP

5p ordinary

CFD

Increasing Short

23,808

12.7558 GBP

5p ordinary

CFD

Increasing Short

5,846

12.7559 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 Apr 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213