Pershing Sq. $ Regulatory News (PSHD)

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Bilge Ogut

2.

Reason for the notification

a)

Position / status

Director

b)

Initial notification / amendment

Initial

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Pershing Square Holdings, Ltd.

b)

LEI

U7LC4KOKCTZ0YWGI2G56

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Public Shares

Identification code (ISIN)

GG00BPFJTF46

b)

Nature of the transaction

Purchase

c)

Price(s) and volume(s)

Price(s)

Volume(s)

48.1553133

3,000

d)

Aggregate information:

- Aggregated volume

- Price

Volume (aggregate)

Price

(aggregate)

1.

48.1553133

3,000

e)

Date of transaction

31 October 2025

f)

Place of the transaction

London Stock Exchange (MIC: XLON)

Remarks: All prices are reported in GBP.