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:

05 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:

16,263,946

2.70%

2,676,505

0.44%

(2)

Cash-settled derivatives:

and/or controlled:

918,580

0.15%

15,619,626

2.60%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

17,182,526

2.86%

18,296,131

3.04%

(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

194,049

12.8408 GBP

12.8237 GBP

5p ordinary

Sale

187,673

12.8456 GBP

12.8250 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

Increasing Short

932

12.8326 GBP

5p ordinary

SWAP

Decreasing Short

100

12.8348 GBP

5p ordinary

SWAP

Decreasing Short

300

12.8365 GBP

5p ordinary

SWAP

Increasing Long

3,304

12.8259 GBP

5p ordinary

SWAP

Decreasing Short

1,335

12.8318 GBP

5p ordinary

SWAP

Increasing Short

3,057

12.8302 GBP

5p ordinary

SWAP

Increasing Short

1,498

12.8306 GBP

5p ordinary

SWAP

Decreasing Short

3,382

12.8293 GBP

5p ordinary

SWAP

Decreasing Long

6,489

12.8408 GBP

5p ordinary

SWAP

Decreasing Short

52,475

12.8306 GBP

5p ordinary

CFD

Decreasing Short

741

12.8490 GBP

5p ordinary

CFD

Decreasing Long

5,220

12.8353 GBP

5p ordinary

SWAP

Decreasing Short

125

12.8299 GBP

5p ordinary

SWAP

Decreasing Short

626

12.8348 GBP

5p ordinary

SWAP

Increasing Short

6,244

12.8343 GBP

5p ordinary

SWAP

Increasing Short

15,109

12.8329 GBP

5p ordinary

SWAP

Increasing Long

1,608

12.8341 GBP

5p ordinary

SWAP

Increasing Short

151

12.8300 GBP

5p ordinary

CFD

Increasing Short

741

12.8309 GBP

5p ordinary

SWAP

Decreasing Short

220

12.8456 GBP

5p ordinary

SWAP

Decreasing Short

499

12.8300 GBP

5p ordinary

SWAP

Decreasing Short

5,295

12.8300 GBP

5p ordinary

SWAP

Increasing Long

255

12.8274 GBP

5p ordinary

SWAP

Increasing Short

3,288

12.8300 GBP

5p ordinary

SWAP

Increasing Short

1,975

12.8300 GBP

5p ordinary

SWAP

Increasing Short

51

12.8300 GBP

5p ordinary

SWAP

Increasing Short

9,992

12.8331 GBP

5p ordinary

SWAP

Decreasing Long

24,156

12.8320 GBP

5p ordinary

SWAP

Increasing Short

27,061

12.8300 GBP

5p ordinary

SWAP

Decreasing Short

4,430

12.8296 GBP

5p ordinary

SWAP

Decreasing Short

22,330

12.8300 GBP

5p ordinary

SWAP

Increasing Long

1,282

12.8316 GBP

5p ordinary

SWAP

Increasing Short

7,241

12.8325 GBP

5p ordinary

SWAP

Increasing Short

127

12.8350 GBP

5p ordinary

SWAP

Closing Short

8,249

12.8300 GBP

5p ordinary

SWAP

Increasing Short

23,875

12.8326 GBP

5p ordinary

SWAP

Increasing Short

3,898

12.8317 GBP

5p ordinary

SWAP

Decreasing Short

8,446

12.8300 GBP

5p ordinary

SWAP

Increasing Short

1,548

12.8331 GBP

5p ordinary

SWAP

Increasing Short

3,975

12.8321 GBP

5p ordinary

SWAP

Decreasing Short

18,057

12.8258 GBP

5p ordinary

SWAP

Increasing Short

37,723

12.8380 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:

08 Jun 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213