Form 8.5 EPT/Non RI VESUVIUS 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

VESUVIUS PLC

relevant securities this form relates:

(c)

Name of the party to the offer with which exempt

RHI MAGNESITA N.V.

principal trader is connected

(d)

Date position held/dealing undertaken:

03 Nov 2026

(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?

RHI MAGNESITA N.V.

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:

10p ordinary

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

1,346,164

0.54%

2,006,618

0.81%

(2)

Cash-settled derivatives:

and/or controlled:

1,910,730

0.77%

1,323,826

0.53%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

3,256,894

1.31%

3,330,444

1.34%

(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

10p ordinary

Purchase

167,391

4.7520 GBP

4.7150 GBP

10p ordinary

Sale

145,397

4.7402 GBP

4.7030 GBP

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

10p ordinary

SWAP

Increasing Long

200

4.7656 GBP

10p ordinary

SWAP

Increasing Long

1,900

4.7305 GBP

10p ordinary

SWAP

Decreasing Short

110

4.7159 GBP

10p ordinary

SWAP

Increasing Short

3,437

4.7280 GBP

10p ordinary

SWAP

Decreasing Long

328

4.7160 GBP

10p ordinary

SWAP

Decreasing Long

4,741

4.7165 GBP

10p ordinary

SWAP

Increasing Long

7,409

4.7157 GBP

10p ordinary

SWAP

Increasing Long

700

4.7294 GBP

10p ordinary

SWAP

Decreasing Long

11,833

4.7169 GBP

10p ordinary

CFD

Increasing Short

6,768

4.7356 GBP

10p ordinary

CFD

Decreasing Long

5,467

4.7266 GBP

10p ordinary

SWAP

Decreasing Short

26,733

4.7261 GBP

10p ordinary

SWAP

Decreasing Short

43,143

4.7225 GBP

10p ordinary

SWAP

Decreasing Short

99

4.7225 GBP

10p ordinary

SWAP

Decreasing Long

18,675

4.7160 GBP

10p ordinary

SWAP

Decreasing Short

3,984

4.7159 GBP

10p ordinary

SWAP

Increasing Long

1,689

4.7380 GBP

10p ordinary

SWAP

Increasing Long

1,610

4.7138 GBP

10p ordinary

SWAP

Increasing Long

313

4.7380 GBP

10p ordinary

CFD

Decreasing Short

6,768

4.7356 GBP

10p ordinary

SWAP

Decreasing Long

594

4.7184 GBP

10p ordinary

SWAP

Increasing Short

9,376

4.7421 GBP

10p ordinary

SWAP

Increasing Long

11,205

4.7160 GBP

10p ordinary

SWAP

Decreasing Long

7,966

4.7321 GBP

10p ordinary

SWAP

Increasing Long

9,866

4.7160 GBP

10p ordinary

CFD

Decreasing Short

3,686

4.7069 GBP

10p ordinary

SWAP

Increasing Short

1,225

4.7376 GBP

10p ordinary

SWAP

Increasing Long

3,214

4.7241 GBP

10p ordinary

SWAP

Decreasing Long

760

4.7160 GBP

10p ordinary

SWAP

Increasing Long

2,563

4.7379 GBP

10p ordinary

SWAP

Increasing Short

1,390

4.7380 GBP

10p ordinary

SWAP

Increasing Long

3,767

4.7402 GBP

10p ordinary

SWAP

Decreasing Long

10,970

4.7160 GBP

10p ordinary

SWAP

Increasing Long

450

4.7180 GBP

10p ordinary

SWAP

Increasing Short

3,513

4.7355 GBP

10p ordinary

SWAP

Decreasing Long

65,041

4.7160 GBP

10p ordinary

SWAP

Decreasing Long

899

4.7160 GBP

10p ordinary

SWAP

Closing Long

899

4.7160 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:

04 Nov 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213