Direct Line Regulatory News (DLG)

1.

KEY INFORMATION

 (a) Full name of discloser:

BNP Paribas SA

 (b) Owner or controller of interests and short positions disclosed, if different from 1(a):

The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.

 (c) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a separate form for each offeror/offeree

Direct Line Insurance Group plc

 (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:

 (e) Date position held/dealing undertaken:

For an opening position disclosure, state the latest practicable date prior to the disclosure

29/02/2024

 (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

If it is a cash offer or possible cash offer, state "N/A"

Yes: Ageas SA/NV

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(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:

GB00BY9D0Y18 (Ordinary 10 10/11p)

Interests

Short Positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

22,982,613

1.75

-5,908,148

-.45

(2) Cash-settled derivatives:

2,963,943

.23

-13,628,967

-1.04

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

0

0

TOTAL:

25,946,556

1.98

-19,537,115

-1.49

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b)

Rights to subscribe for new securities (including directors'' and other employee 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 PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a)

Purchases and sales

Class of relevant

security

Purchase/sale

Number of

securities

Price per unit

GB00BY9D0Y18

Purchase

859

GBP 1.9945

GB00BY9D0Y18

Purchase

114

GBP 1.9955

GB00BY9D0Y18

Purchase

5117

GBP 1.9965

GB00BY9D0Y18

Purchase

876

GBP 2.0003

GB00BY9D0Y18

Purchase

47

GBP 2.0020

GB00BY9D0Y18

Purchase

2541

GBP 2.0030

GB00BY9D0Y18

Purchase

1571

GBP 2.0040

GB00BY9D0Y18

Purchase

467

GBP 2.0050

GB00BY9D0Y18

Purchase

6176

GBP 2.0080

GB00BY9D0Y18

Purchase

1818

GBP 2.0085

GB00BY9D0Y18

Purchase

2538

GBP 2.0090

GB00BY9D0Y18

Purchase

450

GBP 2.0095

GB00BY9D0Y18

Purchase

2742

GBP 2.0100

GB00BY9D0Y18

Purchase

5482

GBP 2.0105

GB00BY9D0Y18

Purchase

945

GBP 2.0110

GB00BY9D0Y18

Purchase

13585

GBP 2.0115

GB00BY9D0Y18

Purchase

3613

GBP 2.0125

GB00BY9D0Y18

Purchase

1637

GBP 2.0135

GB00BY9D0Y18

Purchase

662663

GBP 2.0150

GB00BY9D0Y18

Purchase

394883

GBP 2.0159

GB00BY9D0Y18

Purchase

1308

GBP 2.0165

GB00BY9D0Y18

Purchase

193

GBP 2.0180

GB00BY9D0Y18

Purchase

1917

GBP 2.0190

GB00BY9D0Y18

Purchase

6255

GBP 2.0195

GB00BY9D0Y18

Purchase

185989

GBP 2.0200

GB00BY9D0Y18

Purchase

9640

GBP 2.0213

GB00BY9D0Y18

Purchase

537

GBP 2.0220

GB00BY9D0Y18

Purchase

2431

GBP 2.0230

GB00BY9D0Y18

Purchase

27627

GBP 2.0240

GB00BY9D0Y18

Purchase

56796

GBP 2.0245

GB00BY9D0Y18

Purchase

1888

GBP 2.0250

GB00BY9D0Y18

Purchase

29841

GBP 2.0257

GB00BY9D0Y18

Purchase

3235

GBP 2.0260

GB00BY9D0Y18

Purchase

63499

GBP 2.0267

GB00BY9D0Y18

Purchase

65927

GBP 2.0269

GB00BY9D0Y18

Purchase

1485

GBP 2.0270

GB00BY9D0Y18

Purchase

41945

GBP 2.0277

GB00BY9D0Y18

Purchase

1533

GBP 2.0280

GB00BY9D0Y18

Purchase

3528

GBP 2.0290

GB00BY9D0Y18

Purchase

191646

GBP 2.0300

GB00BY9D0Y18

Purchase

4473

GBP 2.0310

GB00BY9D0Y18

Purchase

4474

GBP 2.0320

GB00BY9D0Y18

Purchase

530

GBP 2.0330

GB00BY9D0Y18

Purchase

1146

GBP 2.0340

GB00BY9D0Y18

Purchase

1119

GBP 2.0344

GB00BY9D0Y18

Purchase

264

GBP 2.0345

GB00BY9D0Y18

Purchase

300

GBP 2.0350

GB00BY9D0Y18

Purchase

5622

GBP 2.0360

GB00BY9D0Y18

Purchase

2587

GBP 2.0365

GB00BY9D0Y18

Purchase

3936

GBP 2.0370

GB00BY9D0Y18

Purchase

52798

GBP 2.0374

GB00BY9D0Y18

Purchase

5530

GBP 2.0380

GB00BY9D0Y18

Purchase

42827

GBP 2.0390

GB00BY9D0Y18

Purchase

70501

GBP 2.0400

GB00BY9D0Y18

Purchase

176169

GBP 2.0405

GB00BY9D0Y18

Purchase

12182

GBP 2.0410

GB00BY9D0Y18

Purchase

1029

GBP 2.0415

GB00BY9D0Y18

Purchase

10325

GBP 2.0420

GB00BY9D0Y18

Purchase

68010

GBP 2.0425

GB00BY9D0Y18

Purchase

258361

GBP 2.0430

GB00BY9D0Y18

Purchase

6369

GBP 2.0431

GB00BY9D0Y18

Purchase

8925

GBP 2.0440

GB00BY9D0Y18

Purchase

10897

GBP 2.0450

GB00BY9D0Y18

Purchase

3103

GBP 2.0455

GB00BY9D0Y18

Purchase

10001

GBP 2.0460

GB00BY9D0Y18

Purchase

2220

GBP 2.0465

GB00BY9D0Y18

Purchase

7554

GBP 2.0470

GB00BY9D0Y18

Purchase

5636

GBP 2.0480

GB00BY9D0Y18

Purchase

2685

GBP 2.0485

GB00BY9D0Y18

Purchase

30997

GBP 2.0490

GB00BY9D0Y18

Purchase

14197

GBP 2.0495

GB00BY9D0Y18

Purchase

944182

GBP 2.0500

GB00BY9D0Y18

Purchase

7385

GBP 2.0506

GB00BY9D0Y18

Purchase

1038

GBP 2.0510

GB00BY9D0Y18

Purchase

2631

GBP 2.0520

GB00BY9D0Y18

Purchase

600

GBP 2.0540

GB00BY9D0Y18

Purchase

1518

GBP 2.0550

GB00BY9D0Y18

Purchase

1195

GBP 2.0560

GB00BY9D0Y18

Purchase

506

GBP 2.0565

GB00BY9D0Y18

Sale

-2

GBP 1.9965

GB00BY9D0Y18

Sale

-728

GBP 1.9970

GB00BY9D0Y18

Sale

-2596

GBP 2.0080

GB00BY9D0Y18

Sale

-3

GBP 2.0085

GB00BY9D0Y18

Sale

-640

GBP 2.0110

GB00BY9D0Y18

Sale

-666

GBP 2.0120

GB00BY9D0Y18

Sale

-560

GBP 2.0130

GB00BY9D0Y18

Sale

-593

GBP 2.0140

GB00BY9D0Y18

Sale

-2

GBP 2.0150

GB00BY9D0Y18

Sale

-198

GBP 2.0170

GB00BY9D0Y18

Sale

-1964

GBP 2.0190

GB00BY9D0Y18

Sale

-300

GBP 2.0220

GB00BY9D0Y18

Sale

-2379

GBP 2.0230

GB00BY9D0Y18

Sale

-1217

GBP 2.0240

GB00BY9D0Y18

Sale

-1666

GBP 2.0250

GB00BY9D0Y18

Sale

-542

GBP 2.0260

GB00BY9D0Y18

Sale

-2283

GBP 2.0280

GB00BY9D0Y18

Sale

-5885

GBP 2.0300

GB00BY9D0Y18

Sale

-1571

GBP 2.0310

GB00BY9D0Y18

Sale

-559

GBP 2.0316

GB00BY9D0Y18

Sale

-1562

GBP 2.0320

GB00BY9D0Y18

Sale

-700

GBP 2.0330

GB00BY9D0Y18

Sale

-1608

GBP 2.0350

GB00BY9D0Y18

Sale

-2433

GBP 2.0360

GB00BY9D0Y18

Sale

-3487

GBP 2.0370

GB00BY9D0Y18

Sale

-2741

GBP 2.0380

GB00BY9D0Y18

Sale

-3018

GBP 2.0390

GB00BY9D0Y18

Sale

-1503140

GBP 2.0400

GB00BY9D0Y18

Sale

-1680

GBP 2.0410

GB00BY9D0Y18

Sale

-821

GBP 2.0420

GB00BY9D0Y18

Sale

-77422

GBP 2.0425

GB00BY9D0Y18

Sale

-2286

GBP 2.0430

GB00BY9D0Y18

Sale

-30629

GBP 2.0434

GB00BY9D0Y18

Sale

-11367

GBP 2.0435

GB00BY9D0Y18

Sale

-68597

GBP 2.0440

GB00BY9D0Y18

Sale

-7996

GBP 2.0445

GB00BY9D0Y18

Sale

-2058

GBP 2.0450

GB00BY9D0Y18

Sale

-6214

GBP 2.0460

GB00BY9D0Y18

Sale

-5008

GBP 2.0465

GB00BY9D0Y18

Sale

-40916

GBP 2.0470

GB00BY9D0Y18

Sale

-37042

GBP 2.0475

GB00BY9D0Y18

Sale

-2304

GBP 2.0480

GB00BY9D0Y18

Sale

-2080

GBP 2.0485

GB00BY9D0Y18

Sale

-4033

GBP 2.0490

GB00BY9D0Y18

Sale

-8920

GBP 2.0500

GB00BY9D0Y18

Sale

-2846

GBP 2.0510

GB00BY9D0Y18

Sale

-540

GBP 2.0520

GB00BY9D0Y18

Sale

-716

GBP 2.0540

GB00BY9D0Y18

Sale

-500

GBP 2.0550

(b)

Cash-settled derivative transactions

Class of

relevant

security

Product

description

e.g. CFD

Nature of dealing

e.g. opening/closing a

long/short position

increasing/reducing a

long/short position

Number of

references

securities

Price per

unit

GB00BY9D0Y18

Contract for Difference

Opening Long Position

479,888

2.0200 GBP

GB00BY9D0Y18

Contract for Difference

Opening Long Position

1

2.0200 GBP

GB00BY9D0Y18

Contract for Difference

Opening Short Position

-2,787,495

2.0200 GBP

GB00BY9D0Y18

Contract for Difference

Opening Short Position

-216,674

2.0200 GBP

GB00BY9D0Y18

Contract for Difference

Opening Short Position

-7,879

2.0200 GBP

GB00BY9D0Y18

Contract for Difference

Opening Short Position

-495,771

2.0200 GBP

GB00BY9D0Y18

Contract for Difference

Opening Short Position

-2,051,816

2.0200 GBP

GB00BY9D0Y18

Contract for Difference

Opening Short Position

-611,922

2.0200 GBP

GB00BY9D0Y18

Contract for Difference

Opening Short Position

-94,297

2.0200 GBP

GB00BY9D0Y18

Contract for Difference

Opening Short Position

-1,897,636

2.0200 GBP

GB00BY9D0Y18

Contract for Difference

Opening Short Position

-269,486

2.0200 GBP

GB00BY9D0Y18

Contract for Difference

Opening Short Position

-634,052

2.0200 GBP

GB00BY9D0Y18

Contract for Difference

Opening Short Position

-14,853

2.0200 GBP

GB00BY9D0Y18

Contract for Difference

Opening Short Position

-34,138

2.0200 GBP

GB00BY9D0Y18

Contract for Difference

Opening Short Position

-65,763

2.0200 GBP

GB00BY9D0Y18

Contract for Difference

Opening Long Position

1,110,672

2.0200 GBP

GB00BY9D0Y18

Contract for Difference

Opening Short Position

-344,137

2.0200 GBP

GB00BY9D0Y18

Contract for Difference

Opening Short Position

-72,995

2.0200 GBP

GB00BY9D0Y18

Contract for Difference

Opening Long Position

1,218

2.0200 GBP

GB00BY9D0Y18

Contract for Difference

Opening Short Position

-122,646

2.0200 GBP

GB00BY9D0Y18

Contract for Difference

Opening Short Position

-893,815

2.0200 GBP

GB00BY9D0Y18

Contract for Difference

Opening Long Position

547,155

2.0200 GBP

GB00BY9D0Y18

Contract for Difference

Opening Short Position

-1,085,146

2.0200 GBP

GB00BY9D0Y18

Contract for Difference

Opening Short Position

-484,681

2.0200 GBP

GB00BY9D0Y18

Contract for Difference

Opening Short Position

-666,590

2.0200 GBP

GB00BY9D0Y18

Contract for Difference

Closing

662,663

2.3530 GBP

GB00BY9D0Y18

Contract for Difference

Closing

63,499

2.3668 GBP

GB00BY9D0Y18

Contract for Difference

Increasing

98,844

2.3591 GBP

GB00BY9D0Y18

Contract for Difference

Increasing

90,163

2.3591 GBP

GB00BY9D0Y18

Contract for Difference

Reducing

10,651

2.3591 GBP

GB00BY9D0Y18

Contract for Difference

Reducing

114,082

2.3530 GBP

GB00BY9D0Y18

Contract for Difference

Reducing

10,932

2.3668 GBP

GB00BY9D0Y18

Contract for Difference

Opening Short Position

-45,341

2.0200 USD

GB00BY9D0Y18

Contract for Difference

Opening Short Position

-14,503

2.0200 GBP

GB00BY9D0Y18

Contract for Difference

Opening Short Position

-7,946

2.0200 GBP

GB00BY9D0Y18

Contract for Difference

Opening Short Position

-137,590

2.0200 GBP

GB00BY9D0Y18

Contract for Difference

Opening Short Position

-504,571

2.0200 GBP

GB00BY9D0Y18

Contract for Difference

Opening Short Position

-63,968

2.0200 GBP

GB00BY9D0Y18

Contract for Difference

Opening Long Position

726,162

2.0200 GBP

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class

of

relevant

security

Product

description

e.g. call

option

Writing,

purchasing,

selling,

varying etc.

Number

of

securities

to which

option

relates

Exercise

price

per unit

Type

e.g.

American

European

etc.

Expiry

date

Option

money

paid/

received

per unit

(ii)

Exercise

Class of

relevant

security

Product

description

e.g. call option

Exercising/

exercised

against

Number of

securities

Exercise price

per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant

security

Nature of dealing

e.g. subscription, conversion

Details

Price per unit (if

applicable)

4.

Other Information

(a)

Indemnity and other dealing 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 person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

None

(b)

Indemnity and other dealing arrangements

Details of any agreement, arrangement or understanding, formal or informal, between the person 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 or future acquisition or disposal of any relevant securities to which

any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"

None

(c)

Attachments

Is a supplemental Form 8 (Open Positions) attached?

No

Date of Disclosure:

01/03/2024

Contact Name

Compliance Control Room

Telephone Number:

0207 595 9695

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.

*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel's Market Surveillance Unit.

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk