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:

01 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:

17,648,885

2.93%

2,562,268

0.43%

(2)

Cash-settled derivatives:

and/or controlled:

803,068

0.13%

17,155,061

2.85%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

18,451,953

3.07%

19,717,329

3.28%

(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

1,802,167

12.8183 GBP

12.8096 GBP

5p ordinary

Sale

764,256

12.8175 GBP

12.8090 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

30

12.8139 GBP

5p ordinary

SWAP

Decreasing Short

300

12.8148 GBP

5p ordinary

SWAP

Opening Long

273

12.8136 GBP

5p ordinary

SWAP

Decreasing Short

345

12.8136 GBP

5p ordinary

SWAP

Decreasing Short

2

12.8162 GBP

5p ordinary

SWAP

Increasing Short

4,318

12.8100 GBP

5p ordinary

SWAP

Increasing Long

99

12.8141 GBP

5p ordinary

SWAP

Decreasing Short

16,968

12.8150 GBP

5p ordinary

CFD

Increasing Long

16,324

12.8106 GBP

5p ordinary

CFD

Increasing Long

27,478

12.8142 GBP

5p ordinary

SWAP

Increasing Short

3,352

12.8119 GBP

5p ordinary

SWAP

Increasing Short

264,403

12.8164 GBP

5p ordinary

SWAP

Increasing Short

214,961

12.8164 GBP

5p ordinary

SWAP

Increasing Long

3,881

12.8100 GBP

5p ordinary

SWAP

Decreasing Short

409

12.8090 GBP

5p ordinary

SWAP

Decreasing Short

1

12.8097 GBP

5p ordinary

SWAP

Increasing Short

4,384

12.8100 GBP

5p ordinary

SWAP

Increasing Long

69,501

12.8103 GBP

5p ordinary

SWAP

Decreasing Short

53,758

12.8150 GBP

5p ordinary

SWAP

Decreasing Short

16

12.8100 GBP

5p ordinary

SWAP

Increasing Short

145,422

12.8164 GBP

5p ordinary

SWAP

Increasing Short

118,228

12.8164 GBP

5p ordinary

SWAP

Increasing Short

10,499

12.8100 GBP

5p ordinary

SWAP

Decreasing Short

109

12.8148 GBP

5p ordinary

SWAP

Decreasing Short

62

12.8103 GBP

5p ordinary

SWAP

Decreasing Long

16,047

12.8183 GBP

5p ordinary

SWAP

Decreasing Short

16,968

12.8150 GBP

5p ordinary

SWAP

Decreasing Short

3,336

12.8100 GBP

5p ordinary

SWAP

Increasing Short

105,761

12.8164 GBP

5p ordinary

SWAP

Increasing Short

85,985

12.8164 GBP

5p ordinary

SWAP

Decreasing Short

10,642

12.8136 GBP

5p ordinary

SWAP

Decreasing Short

5,999

12.8112 GBP

5p ordinary

SWAP

Increasing Long

32,847

12.8120 GBP

5p ordinary

SWAP

Increasing Short

6,395

12.8100 GBP

5p ordinary

SWAP

Increasing Short

185,081

12.8164 GBP

5p ordinary

SWAP

Increasing Short

150,473

12.8164 GBP

5p ordinary

SWAP

Decreasing Short

475

12.8115 GBP

5p ordinary

SWAP

Decreasing Short

16,236

12.8111 GBP

5p ordinary

SWAP

Decreasing Short

179

12.8102 GBP

5p ordinary

SWAP

Decreasing Short

22,463

12.8111 GBP

5p ordinary

SWAP

Decreasing Short

22,658

12.8119 GBP

5p ordinary

SWAP

Increasing Short

218

12.8150 GBP

5p ordinary

SWAP

Increasing Short

19,004

12.8100 GBP

5p ordinary

SWAP

Increasing Short

5,291

12.8149 GBP

5p ordinary

SWAP

Increasing Short

260,894

12.8119 GBP

5p ordinary

SWAP

Increasing Short

75,000

12.8164 GBP

5p ordinary

SWAP

Decreasing Short

121,030

12.8109 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:

02 Jun 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213