Schroders Regulatory News (SDR)

FORM 8.5 (EPT/NON-RI) - Amendment - this form replaces RNS number 0306A published at 11:57 on 10/04/2026, changes made to section 2a and 3b

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

SCHRODERS PLC

relevant securities this form relates:

(c)

Name of the party to the offer with which exempt

SCHRODERS PLC

principal trader is connected

(d)

Date position held/dealing undertaken:

09 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:

20p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

38,300,923

2.38%

1,342,687

0.08%

(2)

Cash-settled derivatives:

and/or controlled:

191,208

0.01%

36,640,092

2.27%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

38,492,131

2.39%

37,982,779

2.36%

(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

20p ordinary

Purchase

1,402,296

5.8200 GBP

5.7750 GBP

20p ordinary

Sale

1,903,381

5.8200 GBP

5.7748 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

20p ordinary

SWAP

Decreasing Short

1

5.7748 GBP

20p ordinary

SWAP

Decreasing Short

76,878

5.7750 GBP

20p ordinary

SWAP

Decreasing Short

10,108

5.7752 GBP

20p ordinary

SWAP

Decreasing Short

1,280

5.7788 GBP

20p ordinary

SWAP

Decreasing Short

70

5.7795 GBP

20p ordinary

SWAP

Decreasing Short

1,049,307

5.7800 GBP

20p ordinary

SWAP

Decreasing Short

2,200

5.7813 GBP

20p ordinary

SWAP

Decreasing Short

130

5.7820 GBP

20p ordinary

SWAP

Decreasing Short

76

5.7823 GBP

20p ordinary

SWAP

Decreasing Short

44

5.7827 GBP

20p ordinary

SWAP

Decreasing Short

13,237

5.7838 GBP

20p ordinary

SWAP

Decreasing Short

125

5.7850 GBP

20p ordinary

SWAP

Decreasing Short

264

5.7855 GBP

20p ordinary

SWAP

Decreasing Short

145

5.7862 GBP

20p ordinary

SWAP

Decreasing Short

25,671

5.7875 GBP

20p ordinary

SWAP

Decreasing Short

18,135

5.7887 GBP

20p ordinary

SWAP

Decreasing Short

1,104

5.8000 GBP

20p ordinary

SWAP

Decreasing Short

40,000

5.8092 GBP

20p ordinary

SWAP

Decreasing Short

30,000

5.8097 GBP

20p ordinary

SWAP

Decreasing Short

15,762

5.8163 GBP

20p ordinary

SWAP

Decreasing Short

36,504

5.8177 GBP

20p ordinary

SWAP

Decreasing Short

21,250

5.8195 GBP

20p ordinary

SWAP

Decreasing Short

88,333

5.8200 GBP

20p ordinary

SWAP

Increasing Short

1,648

5.7775 GBP

20p ordinary

SWAP

Increasing Short

13,945

5.7798 GBP

20p ordinary

SWAP

Increasing Short

6,701

5.7800 GBP

20p ordinary

SWAP

Increasing Short

290

5.7804 GBP

20p ordinary

SWAP

Increasing Short

211

5.7811 GBP

20p ordinary

SWAP

Increasing Short

67,092

5.7816 GBP

20p ordinary

SWAP

Increasing Short

14,175

5.7820 GBP

20p ordinary

SWAP

Increasing Short

26,093

5.7827 GBP

20p ordinary

SWAP

Increasing Short

12,140

5.7837 GBP

20p ordinary

SWAP

Increasing Short

26,014

5.7843 GBP

20p ordinary

SWAP

Increasing Short

79

5.7850 GBP

20p ordinary

SWAP

Increasing Short

64,712

5.7860 GBP

20p ordinary

SWAP

Increasing Short

145,061

5.7862 GBP

20p ordinary

SWAP

Increasing Short

48

5.7863 GBP

20p ordinary

SWAP

Increasing Short

243,456

5.7865 GBP

20p ordinary

SWAP

Increasing Short

35,196

5.7873 GBP

20p ordinary

SWAP

Increasing Short

1,185

5.7900 GBP

20p ordinary

SWAP

Increasing Short

2,600

5.7921 GBP

20p ordinary

SWAP

Increasing Short

1,014

5.7925 GBP

20p ordinary

SWAP

Increasing Short

2

5.7950 GBP

20p ordinary

SWAP

Increasing Short

10,238

5.7970 GBP

20p ordinary

SWAP

Increasing Short

66,363

5.7980 GBP

20p ordinary

SWAP

Increasing Short

139,273

5.7991 GBP

20p ordinary

SWAP

Increasing Short

10,177

5.8104 GBP

20p ordinary

SWAP

Increasing Short

16,537

5.8163 GBP

20p ordinary

SWAP

Increasing Short

8,010

5.8166 GBP

20p ordinary

SWAP

Increasing Short

13,170

5.8200 GBP

20p ordinary

CFD

Decreasing Short

7,537

5.7746 GBP

20p ordinary

CFD

Decreasing Short

103,398

5.7757 GBP

20p ordinary

CFD

Decreasing Short

3,158

5.7900 GBP

20p ordinary

CFD

Decreasing Short

10,303

5.8194 GBP

20p ordinary

CFD

Increasing Short

8,254

5.7787 GBP

20p ordinary

CFD

Increasing Short

35,636

5.7835 GBP

20p ordinary

CFD

Increasing Short

26,390

5.7883 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:

13 Apr 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213