Director/PDMR Shareholding

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Tom Arseneault

G

Reason for the notification

a)

Position/status

President and Chief Executive Officer of BAE Systems, Inc.

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

BAE Systems plc

b)

LEI

8SVCSVKSGDWMW2QHOH83

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

Identification code

Ordinary shares of 2.5p each in BAE Systems plc

GB0002634946

b)

Nature of the transaction

Exercise of 267,026 options under the BAE Systems Long Term Incentive Plan (LTIP), and the subsequent sale of 155,717 shares including those to satisfy tax liabilities.

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

Exercise

Volume:  267,026

Price GBP: £1,732,998.74

Shares retained to cover the costs of exercise

Volume: 111,309

Price GBP: £1,733,009.34

Sale of shares, including those to satisfy tax liabilities

Volume:  155,717

Price GBP: £2,424,413.25

e)

Date of the transaction

2025-03-12

f)

Place of the transaction

XLON - London Stock Exchange