Form 8.5 EPT/Non RI BEAZLEY PLC

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 Jun 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:

16,199,919

2.69%

2,620,655

0.44%

(2)

Cash-settled derivatives:

and/or controlled:

861,498

0.14%

15,510,683

2.58%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

17,061,417

2.84%

18,131,338

3.01%

(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

150,347

12.8250 GBP

12.8150 GBP

5p ordinary

Sale

1,657,700

12.8250 GBP

12.8150 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

100

12.8198 GBP

5p ordinary

SWAP

Increasing Long

3,043

12.8214 GBP

5p ordinary

SWAP

Decreasing Short

1,741

12.8152 GBP

5p ordinary

SWAP

Decreasing Short

44

12.8198 GBP

5p ordinary

SWAP

Increasing Short

31,823

12.8152 GBP

5p ordinary

SWAP

Opening Short

16,632

12.8196 GBP

5p ordinary

SWAP

Decreasing Long

19,470

12.8214 GBP

5p ordinary

SWAP

Decreasing Short

17,766

12.8200 GBP

5p ordinary

CFD

Decreasing Long

16,324

12.8106 GBP

5p ordinary

CFD

Increasing Short

287

12.8090 GBP

5p ordinary

CFD

Increasing Long

24,916

12.8192 GBP

5p ordinary

SWAP

Increasing Short

5,983

12.8250 GBP

5p ordinary

SWAP

Decreasing Short

4

12.8247 GBP

5p ordinary

SWAP

Decreasing Short

225

12.8125 GBP

5p ordinary

SWAP

Increasing Short

2,494

12.8245 GBP

5p ordinary

SWAP

Increasing Long

6,800

12.8191 GBP

5p ordinary

SWAP

Decreasing Short

513,391

12.8200 GBP

5p ordinary

CFD

Decreasing Long

6,685

12.8133 GBP

5p ordinary

CFD

Decreasing Short

287

12.8159 GBP

5p ordinary

SWAP

Decreasing Short

227,010

12.8112 GBP

5p ordinary

SWAP

Decreasing Short

1,247

12.8250 GBP

5p ordinary

SWAP

Increasing Long

43,141

12.8230 GBP

5p ordinary

SWAP

Decreasing Short

921,197

12.8200 GBP

5p ordinary

CFD

Decreasing Long

1,093

12.8088 GBP

5p ordinary

CFD

Decreasing Short

578

12.8108 GBP

5p ordinary

SWAP

Increasing Short

1,931

12.8250 GBP

5p ordinary

SWAP

Decreasing Short

37,980

12.8201 GBP

5p ordinary

CFD

Decreasing Long

5,250

12.8138 GBP

5p ordinary

CFD

Increasing Short

578

12.7991 GBP

5p ordinary

SWAP

Increasing Short

2,183

12.8207 GBP

5p ordinary

SWAP

Decreasing Short

1,261

12.8175 GBP

5p ordinary

CFD

Increasing Long

5,250

12.8138 GBP

5p ordinary

CFD

Increasing Short

88

12.8040 GBP

5p ordinary

SWAP

Decreasing Short

1,786

12.8249 GBP

5p ordinary

SWAP

Increasing Short

3,099

12.8249 GBP

5p ordinary

CFD

Increasing Long

1,093

12.8088 GBP

5p ordinary

CFD

Decreasing Short

88

12.8259 GBP

5p ordinary

SWAP

Decreasing Short

6,263

12.8153 GBP

5p ordinary

SWAP

Increasing Short

1,662

12.8205 GBP

5p ordinary

CFD

Increasing Long

6,685

12.8133 GBP

5p ordinary

CFD

Decreasing Short

291

12.8159 GBP

5p ordinary

SWAP

Increasing Short

5,714

12.8211 GBP

5p ordinary

SWAP

Increasing Short

7,108

12.8250 GBP

5p ordinary

CFD

Increasing Long

16,324

12.8106 GBP

5p ordinary

CFD

Increasing Short

291

12.8291 GBP

5p ordinary

SWAP

Increasing Short

36

12.8250 GBP

5p ordinary

SWAP

Increasing Short

4,305

12.8175 GBP

5p ordinary

CFD

Decreasing Long

16,324

12.8106 GBP

5p ordinary

CFD

Decreasing Short

1,019

12.8258 GBP

5p ordinary

SWAP

Decreasing Short

6,649

12.8250 GBP

5p ordinary

SWAP

Increasing Short

366

12.8175 GBP

5p ordinary

CFD

Decreasing Long

6,685

12.8133 GBP

5p ordinary

CFD

Increasing Short

1,019

12.8241 GBP

5p ordinary

SWAP

Increasing Short

161

12.8212 GBP

5p ordinary

SWAP

Increasing Short

9,885

12.8200 GBP

5p ordinary

CFD

Decreasing Long

1,093

12.8088 GBP

5p ordinary

CFD

Decreasing Short

822

12.8209 GBP

5p ordinary

SWAP

Decreasing Short

788

12.8175 GBP

5p ordinary

CFD

Decreasing Long

5,250

12.8138 GBP

5p ordinary

CFD

Increasing Short

822

12.8190 GBP

5p ordinary

SWAP

Decreasing Short

15,448

12.8156 GBP

5p ordinary

CFD

Increasing Long

5,250

12.8138 GBP

5p ordinary

CFD

Increasing Short

1,070

12.8191 GBP

5p ordinary

SWAP

Increasing Short

15,140

12.8200 GBP

5p ordinary

CFD

Increasing Long

1,093

12.8088 GBP

5p ordinary

CFD

Decreasing Short

1,070

12.8208 GBP

5p ordinary

CFD

Increasing Long

6,685

12.8133 GBP

5p ordinary

CFD

Decreasing Short

955

12.8009 GBP

5p ordinary

CFD

Increasing Long

16,324

12.8106 GBP

5p ordinary

CFD

Increasing Short

955

12.8041 GBP

5p ordinary

CFD

Increasing Short

930

12.7941 GBP

5p ordinary

CFD

Decreasing Short

930

12.7958 GBP

5p ordinary

CFD

Decreasing Short

475

12.7909 GBP

5p ordinary

CFD

Increasing Short

475

12.7841 GBP

5p ordinary

CFD

Decreasing Short

9,606

12.7875 GBP

5p ordinary

CFD

Decreasing Short

11,434

12.7913 GBP

5p ordinary

CFD

Increasing Short

649

12.7991 GBP

5p ordinary

CFD

Increasing Short

310

12.7790 GBP

5p ordinary

CFD

Decreasing Short

310

12.7909 GBP

5p ordinary

CFD

Increasing Short

1,750

12.7991 GBP

5p ordinary

CFD

Decreasing Short

1,750

12.7908 GBP

5p ordinary

CFD

Increasing Short

1,750

12.7908 GBP

5p ordinary

CFD

Decreasing Short

1,750

12.7991 GBP

5p ordinary

CFD

Increasing Short

310

12.7909 GBP

5p ordinary

CFD

Decreasing Short

310

12.7790 GBP

5p ordinary

CFD

Decreasing Short

649

12.7991 GBP

5p ordinary

CFD

Increasing Short

9,606

12.7875 GBP

5p ordinary

CFD

Increasing Short

11,434

12.7913 GBP

5p ordinary

CFD

Decreasing Short

475

12.7841 GBP

5p ordinary

CFD

Increasing Short

475

12.7909 GBP

5p ordinary

CFD

Increasing Short

930

12.7958 GBP

5p ordinary

CFD

Decreasing Short

930

12.7941 GBP

5p ordinary

CFD

Decreasing Short

955

12.8041 GBP

5p ordinary

CFD

Increasing Short

955

12.8009 GBP

5p ordinary

CFD

Increasing Short

1,070

12.8208 GBP

5p ordinary

CFD

Decreasing Short

1,070

12.8191 GBP

5p ordinary

CFD

Decreasing Short

822

12.8190 GBP

5p ordinary

CFD

Increasing Short

822

12.8209 GBP

5p ordinary

CFD

Decreasing Short

1,019

12.8241 GBP

5p ordinary

CFD

Increasing Short

1,019

12.8258 GBP

5p ordinary

CFD

Decreasing Short

291

12.8291 GBP

5p ordinary

CFD

Increasing Short

291

12.8159 GBP

5p ordinary

CFD

Increasing Short

88

12.8259 GBP

5p ordinary

CFD

Decreasing Short

88

12.8040 GBP

5p ordinary

CFD

Decreasing Short

578

12.7991 GBP

5p ordinary

CFD

Increasing Short

578

12.8108 GBP

5p ordinary

CFD

Increasing Short

287

12.8159 GBP

5p ordinary

CFD

Decreasing Short

287

12.8090 GBP

5p ordinary

CFD

Increasing Short

370

12.8258 GBP

5p ordinary

CFD

Decreasing Short

370

12.8241 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 Jun 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213