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:

02 Jul 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:

17,271,685

2.87%

2,760,478

0.46%

(2)

Cash-settled derivatives:

and/or controlled:

1,007,675

0.17%

16,296,960

2.71%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

18,279,360

3.04%

19,057,438

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

398,192

12.8835 GBP

12.8710 GBP

5p ordinary

Sale

358,429

12.8850 GBP

12.8750 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

30

12.8789 GBP

5p ordinary

SWAP

Decreasing Short

200

12.8798 GBP

5p ordinary

SWAP

Increasing Short

56,331

12.8800 GBP

5p ordinary

SWAP

Increasing Short

13,175

12.8806 GBP

5p ordinary

SWAP

Decreasing Long

287

12.8809 GBP

5p ordinary

SWAP

Increasing Short

37,500

12.8715 GBP

5p ordinary

SWAP

Decreasing Short

33,844

12.8790 GBP

5p ordinary

CFD

Decreasing Long

6,553

12.8811 GBP

5p ordinary

CFD

Decreasing Short

581

12.8791 GBP

5p ordinary

SWAP

Decreasing Short

25,246

12.8790 GBP

5p ordinary

SWAP

Decreasing Short

8,413

12.8777 GBP

5p ordinary

SWAP

Closing Short

9,486

12.8777 GBP

5p ordinary

SWAP

Decreasing Short

2,896

12.8781 GBP

5p ordinary

SWAP

Increasing Long

3,255

12.8790 GBP

5p ordinary

SWAP

Increasing Short

224

12.8800 GBP

5p ordinary

CFD

Increasing Short

581

12.8808 GBP

5p ordinary

SWAP

Increasing Short

4,663

12.8835 GBP

5p ordinary

SWAP

Decreasing Long

42,091

12.8809 GBP

5p ordinary

SWAP

Decreasing Short

198

12.8800 GBP

5p ordinary

SWAP

Decreasing Short

22

12.8796 GBP

5p ordinary

SWAP

Increasing Long

515

12.8791 GBP

5p ordinary

SWAP

Decreasing Short

20,747

12.8797 GBP

5p ordinary

SWAP

Decreasing Long

2,892

12.8808 GBP

5p ordinary

SWAP

Increasing Short

32,538

12.8808 GBP

5p ordinary

SWAP

Increasing Short

74

12.8800 GBP

5p ordinary

SWAP

Increasing Short

13,431

12.8800 GBP

5p ordinary

SWAP

Decreasing Short

185,465

12.8850 GBP

5p ordinary

SWAP

Increasing Short

6,969

12.8825 GBP

5p ordinary

SWAP

Increasing Short

621

12.8825 GBP

5p ordinary

SWAP

Decreasing Short

19,910

12.8800 GBP

5p ordinary

SWAP

Increasing Short

114,413

12.8820 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:

03 Jul 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213