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:

26 Aug 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:

21,097,143

3.51%

3,137,971

0.52%

(2)

Cash-settled derivatives:

and/or controlled:

1,385,121

0.23%

19,063,200

3.17%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

22,482,264

3.74%

22,201,171

3.69%

(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

270,896

12.9756 GBP

12.9600 GBP

5p ordinary

Sale

463,906

12.9755 GBP

12.9585 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

32

12.9748 GBP

5p ordinary

SWAP

Decreasing Short

29

12.9689 GBP

5p ordinary

SWAP

Decreasing Short

1,537

12.9686 GBP

5p ordinary

SWAP

Decreasing Long

135

12.9756 GBP

5p ordinary

SWAP

Decreasing Long

250

12.9652 GBP

5p ordinary

SWAP

Decreasing Short

3,631

12.9657 GBP

5p ordinary

SWAP

Decreasing Short

21,027

12.9789 GBP

5p ordinary

SWAP

Increasing Short

12,892

12.9706 GBP

5p ordinary

SWAP

Decreasing Short

6,043

12.9693 GBP

5p ordinary

SWAP

Increasing Short

19,201

12.9750 GBP

5p ordinary

CFD

Decreasing Long

113

12.9761 GBP

5p ordinary

CFD

Increasing Short

454

12.9657 GBP

5p ordinary

SWAP

Decreasing Short

22,425

12.9693 GBP

5p ordinary

SWAP

Decreasing Short

50,000

12.9640 GBP

5p ordinary

SWAP

Increasing Long

5,255

12.9700 GBP

5p ordinary

SWAP

Decreasing Long

178

12.9655 GBP

5p ordinary

SWAP

Increasing Short

3,657

12.9724 GBP

5p ordinary

SWAP

Increasing Short

11,914

12.9698 GBP

5p ordinary

SWAP

Decreasing Short

336

12.9700 GBP

5p ordinary

SWAP

Decreasing Short

103

12.9698 GBP

5p ordinary

SWAP

Decreasing Long

696

12.9694 GBP

5p ordinary

SWAP

Increasing Short

597

12.9700 GBP

5p ordinary

SWAP

Increasing Short

1,641

12.9700 GBP

5p ordinary

SWAP

Decreasing Short

290,000

12.9588 GBP

5p ordinary

SWAP

Decreasing Long

982

12.9700 GBP

5p ordinary

SWAP

Decreasing Short

112

12.9700 GBP

5p ordinary

SWAP

Decreasing Short

329

12.9628 GBP

5p ordinary

SWAP

Closing Long

65,972

12.9700 GBP

5p ordinary

SWAP

Decreasing Short

675

12.9650 GBP

5p ordinary

SWAP

Decreasing Short

6,267

12.9634 GBP

5p ordinary

SWAP

Increasing Short

3,764

12.9691 GBP

5p ordinary

SWAP

Increasing Short

52,238

12.9719 GBP

5p ordinary

SWAP

Decreasing Short

5,541

12.9699 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:

27 Aug 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213