Form 8.5 EPT/Non RI QUALCOMM INC

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

QUALCOMM INC

relevant securities this form relates:

(c)

Name of the party to the offer with which exempt

ALPHAWAVE IP GROUP PLC

principal trader is connected

(d)

Date position held/dealing undertaken:

03 Apr 2025

(e)

In addition to the company in 1(b) above, is the exempt principal

YES:

trader making disclosures in respect of any other party to the offer?

ALPHAWAVE IP GROUP PLC

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:

USD 0.0001 common

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

4,913,094

0.44%

4,868,475

0.44%

(2)

Cash-settled derivatives:

and/or controlled:

2,388,340

0.22%

91,789

0.01%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

991,400

0.09%

8,588,666

0.78%

TOTAL:

8,292,834

0.75%

13,548,930

1.23%

(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

USD 0.0001 common

Purchase

4,926

136.6200 EUR

130.6340 EUR

USD 0.0001 common

Sale

4,611

136.6200 EUR

130.3416 EUR

USD 0.0001 common

Purchase

2,508,820

154.0800 USD

138.6900 USD

USD 0.0001 common

Sale

2,647,945

190.0000 USD

138.7800 USD

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

USD 0.0001 common

SWAP

Increasing Long

403,000

139.4200 USD

USD 0.0001 common

SWAP

Decreasing Long

403,000

139.4200 USD

USD 0.0001 common

SWAP

Decreasing Short

11

134.6647 EUR

USD 0.0001 common

SWAP

Increasing Short

11

132.0768 EUR

USD 0.0001 common

SWAP

Increasing Short

321

133.1429 EUR

USD 0.0001 common

SWAP

Increasing Short

161

139.4224 USD

USD 0.0001 common

SWAP

Increasing Long

195

140.8968 USD

(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?

YES

Date of disclosure:

04 Apr 2025

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

DETAILS OF OPEN OPTION AND DERIVATIVE POSITIONS, AGREEMENTS TO

PURCHASE OR SELL ETC.

Note 5(i) on Rule 8 of the Takeover Code (the "Code")

1.

KEY INFORMATION

Identity of the person whose positions/dealings

BARCLAYS CAPITAL SECURITIES LTD

are being disclosed:

Name of offeror/offeree in relation to whose

QUALCOMM INC

relevant securities this from relates:

2.

OPTIONS AND DERIVATIVES

Class of relevant security

Product description

Writing, purchasing, selling, varying etc

Number of securities to which option relates

Exercise price per unit

Type

Expiry date

USD 0.0001 common

Put Options

Purchased

-200,000

100.0000

American

18 Dec 2026

USD 0.0001 common

Put Options

Purchased

-170,000

160.0000

American

16 Jan 2026

USD 0.0001 common

Put Options

Purchased

-55,900

100.0000

American

16 Jan 2026

USD 0.0001 common

Put Options

Purchased

-53,600

105.0000

American

16 Jan 2026

USD 0.0001 common

Put Options

Purchased

-35,700

130.0000

American

20 Jun 2025

USD 0.0001 common

Put Options

Purchased

-29,000

170.0000

American

16 Jan 2026

USD 0.0001 common

Put Options

Purchased

-22,200

110.0000

American

16 Jan 2026

USD 0.0001 common

Put Options

Purchased

-22,000

135.0000

American

17 Apr 2025

USD 0.0001 common

Put Options

Purchased

-20,600

115.0000

American

20 Jun 2025

USD 0.0001 common

Put Options

Purchased

-19,700

150.0000

American

20 Jun 2025

USD 0.0001 common

Put Options

Purchased

-12,200

145.0000

American

20 Jun 2025

USD 0.0001 common

Put Options

Purchased

-12,000

145.0000

American

17 Apr 2025

USD 0.0001 common

Put Options

Purchased

-11,400

175.0000

American

20 Jun 2025

USD 0.0001 common

Put Options

Purchased

-10,200

155.0000

American

20 Jun 2025

USD 0.0001 common

Put Options

Purchased

-10,000

120.0000

American

20 Jun 2025

USD 0.0001 common

Put Options

Purchased

-9,900

185.0000

American

20 Jun 2025

USD 0.0001 common

Put Options

Purchased

-8,900

140.0000

American

20 Jun 2025

USD 0.0001 common

Put Options

Purchased

-7,800

110.0000

American

20 Jun 2025

USD 0.0001 common

Put Options

Purchased

-5,300

180.0000

American

20 Jun 2025

USD 0.0001 common

Put Options

Purchased

-5,100

190.0000

American

20 Jun 2025

USD 0.0001 common

Put Options

Purchased

-2,100

165.0000

American

20 Jun 2025

USD 0.0001 common

Put Options

Purchased

-1,500

170.0000

American

20 Jun 2025

USD 0.0001 common

Put Options

Purchased

-500

160.0000

American

20 Jun 2025

USD 0.0001 common

Put Options

Purchased

-100

200.0000

American

20 Jun 2025

USD 0.0001 common

Call Options

Purchased

100

310.0000

American

20 Jun 2025

USD 0.0001 common

Call Options

Purchased

200

240.0000

American

20 Jun 2025

USD 0.0001 common

Call Options

Purchased

2,200

210.0000

American

20 Jun 2025

USD 0.0001 common

Call Options

Purchased

2,500

250.0000

American

20 Jun 2025

USD 0.0001 common

Call Options

Purchased

2,600

185.0000

American

20 Jun 2025

USD 0.0001 common

Call Options

Purchased

2,600

195.0000

American

16 Jan 2026

USD 0.0001 common

Call Options

Purchased

3,300

190.0000

American

20 Jun 2025

USD 0.0001 common

Call Options

Purchased

4,300

270.0000

American

20 Jun 2025

USD 0.0001 common

Call Options

Purchased

8,800

260.0000

American

20 Jun 2025

USD 0.0001 common

Call Options

Purchased

9,600

200.0000

American

20 Jun 2025

USD 0.0001 common

Call Options

Purchased

11,900

195.0000

American

20 Jun 2025

USD 0.0001 common

Call Options

Purchased

15,000

160.0000

American

17 Apr 2025

USD 0.0001 common

Call Options

Purchased

20,000

170.0000

American

17 Apr 2025

USD 0.0001 common

Call Options

Purchased

21,600

185.0000

American

16 Jan 2026

USD 0.0001 common

Call Options

Purchased

31,100

190.0000

American

16 Jan 2026

Call Options

Written

-1,179,595

161.4905

European

Call Options

Written

-744,653

177.7289

European

Call Options

Written

-695,436

141.1743

European

Call Options

Written

-563,162

180.9207

European

Call Options

Written

-501,444

178.9218

European

Call Options

Written

-460,513

186.1018

European

Call Options

Written

-455,232

191.4793

European

Call Options

Written

-452,761

179.3946

European

Call Options

Written

-436,362

179.2639

European

Call Options

Written

-341,118

145.7435

European

Call Options

Written

-340,351

186.3984

European

Call Options

Written

-333,219

141.0187

European

Call Options

Written

-311,456

173.3688

European

Call Options

Written

-305,534

143.8098

European

Call Options

Written

-216,143

143.2774

European

Call Options

Written

-211,467

148.6597

European

Call Options

Written

-177,220

143.1938

European

USD 0.0001 common

Call Options

Written

-8,600

220.0000

American

20 Jun 2025

USD 0.0001 common

Call Options

Written

-6,900

170.0000

American

20 Jun 2025

USD 0.0001 common

Call Options

Written

-5,300

180.0000

American

20 Jun 2025

USD 0.0001 common

Call Options

Written

-2,800

165.0000

American

20 Jun 2025

USD 0.0001 common

Call Options

Written

-1,600

170.0000

American

17 Apr 2025

USD 0.0001 common

Call Options

Written

-700

175.0000

American

20 Jun 2025

USD 0.0001 common

Put Options

Written

100

170.0000

American

19 Sep 2025

USD 0.0001 common

Put Options

Written

1,000

150.0000

American

19 Sep 2025

USD 0.0001 common

Put Options

Written

1,100

195.0000

American

20 Jun 2025

USD 0.0001 common

Put Options

Written

1,400

145.0000

American

17 Apr 2025

USD 0.0001 common

Put Options

Written

2,000

140.0000

American

17 Apr 2025

USD 0.0001 common

Put Options

Written

2,200

120.0000

American

19 Sep 2025

USD 0.0001 common

Put Options

Written

2,500

165.0000

American

19 Sep 2025

USD 0.0001 common

Put Options

Written

2,500

175.0000

American

19 Sep 2025

USD 0.0001 common

Put Options

Written

2,600

165.0000

American

17 Apr 2025

USD 0.0001 common

Put Options

Written

2,900

160.0000

American

19 Sep 2025

USD 0.0001 common

Put Options

Written

4,800

140.0000

American

19 Sep 2025

USD 0.0001 common

Put Options

Written

5,700

135.0000

American

20 Jun 2025

USD 0.0001 common

Put Options

Written

5,900

145.0000

American

19 Sep 2025

USD 0.0001 common

Put Options

Written

8,900

150.0000

American

17 Apr 2025

USD 0.0001 common

Put Options

Written

9,400

95.0000

American

19 Sep 2025

USD 0.0001 common

Put Options

Written

11,700

100.0000

American

19 Sep 2025

USD 0.0001 common

Put Options

Written

17,100

125.0000

American

20 Jun 2025

USD 0.0001 common

Put Options

Written

19,600

170.0000

American

17 Apr 2025

USD 0.0001 common

Put Options

Written

27,000

120.0000

American

16 Jan 2026

USD 0.0001 common

Put Options

Written

28,900

105.0000

American

20 Jun 2025

USD 0.0001 common

Put Options

Written

30,000

130.0000

American

16 Jan 2026

USD 0.0001 common

Put Options

Written

30,000

150.0000

American

20 Jun 2025

USD 0.0001 common

Put Options

Written

30,000

130.0000

American

15 Jan 2027

USD 0.0001 common

Put Options

Written

30,000

140.0000

American

15 Aug 2025

USD 0.0001 common

Put Options

Written

40,000

135.0000

American

18 Jul 2025

USD 0.0001 common

Put Options

Written

200,000

135.0000

American

18 Dec 2026

USD 0.0001 common

Put Options

Written

318,300

140.0000

American

16 Jan 2026

3.

AGREEMENTS TO PURCHASE OR SELL ETC.

Full details should be given so that the nature of the interest or position can be fully understood: