Form 8.5 EPT/Non RI SCHRODERS PLC Replacement

FORM 8.5 Amendment - this form replaces RNS number 7673D published at 09:06 on 11/05/2026, changes made to section 2A,3B

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

SCHRODERS PLC

relevant securities this form relates:

(c)

Name of the party to the offer with which exempt

SCHRODERS PLC

principal trader is connected

(d)

Date position held/dealing undertaken:

08 May 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:

20p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

37,827,303

2.35%

1,189,098

0.07%

(2)

Cash-settled derivatives:

and/or controlled:

38,153

0.00%

36,680,153

2.27%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

37,865,456

2.35%

37,869,251

2.35%

(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

20p ordinary

Purchase

615,067

5.8150 GBP

5.8000 GBP

20p ordinary

Sale

754,591

5.8125 GBP

5.8043 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

20p ordinary

SWAP

Decreasing Short

45,500

5.8043 GBP

20p ordinary

SWAP

Increasing Short

3,726

5.8127 GBP

20p ordinary

SWAP

Decreasing Short

16,682

5.8050 GBP

20p ordinary

SWAP

Decreasing Short

19,591

5.8051 GBP

20p ordinary

SWAP

Decreasing Short

6,264

5.8065 GBP

20p ordinary

SWAP

Decreasing Short

14,024

5.8068 GBP

20p ordinary

SWAP

Decreasing Short

765

5.8075 GBP

20p ordinary

SWAP

Decreasing Short

7,036

5.8088 GBP

20p ordinary

SWAP

Decreasing Short

22,201

5.8063 GBP

20p ordinary

SWAP

Decreasing Short

1,570

5.8091 GBP

20p ordinary

SWAP

Decreasing Short

1,662

5.8095 GBP

20p ordinary

SWAP

Decreasing Short

280,538

5.8100 GBP

20p ordinary

SWAP

Decreasing Short

8

5.8112 GBP

20p ordinary

SWAP

Increasing Short

39,610

5.8100 GBP

20p ordinary

SWAP

Increasing Short

136

5.8000 GBP

20p ordinary

SWAP

Increasing Short

27,872

5.8048 GBP

20p ordinary

SWAP

Increasing Short

33,154

5.8050 GBP

20p ordinary

SWAP

Increasing Short

2,711

5.8055 GBP

20p ordinary

SWAP

Increasing Short

1,077

5.8057 GBP

20p ordinary

SWAP

Increasing Short

41,215

5.8070 GBP

20p ordinary

SWAP

Increasing Short

7,644

5.8086 GBP

20p ordinary

SWAP

Increasing Short

6,821

5.8100 GBP

20p ordinary

SWAP

Increasing Short

46,771

5.8109 GBP

20p ordinary

SWAP

Increasing Short

568

5.8111 GBP

20p ordinary

SWAP

Increasing Short

3,814

5.8115 GBP

20p ordinary

SWAP

Increasing Short

32,852

5.8125 GBP

20p ordinary

SWAP

Increasing Short

633

5.8150 GBP

20p ordinary

SWAP

Increasing Short

1,036

5.8154 GBP

20p ordinary

CFD

Increasing Short

15,499

5.8087 GBP

20p ordinary

CFD

Increasing Short

11,457

5.8093 GBP

20p ordinary

CFD

Increasing Short

12,329

5.8103 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:

14 May 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213