Form 8.5 (EPT/RI)-Beazley plc Amend

(a) Name of exempt principal trader:

J.P. Morgan Securities Plc

(b) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a separate form for each offeror/offeree

Beazley plc

(c) Name of the party to the offer with which exempt principal trader is connected:

Corporate Broker and Financial Adviser to Beazley Plc

(d) Date dealing undertaken:

22 January 2026

(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?

If it is a cash offer or possible cash offer, state "N/A"

N/A

Class of relevant security

Purchases/ sales

Total number of securities

Highest price per unit paid/received

Lowest price per unit paid/received

5p ordinary

Purchase

7,493,506

11.4500 GBP

10.5400 GBP

4,615,139

11.4650 GBP

10.6500 GBP

Class of relevant security

Product description

e.g. CFD

Nature of dealing

e.g. opening/closing a long/short position, increasing/reducing a long/short position

Number of reference securities

Price per unit

5p ordinary

Equity Swap

Decrease Long

79

10.9976 GBP

1,644

11.1236 GBP

34,635

11.1421 GBP

218

11.1605 GBP

1,407

11.1611 GBP

1,457

11.1653 GBP

87

11.1708 GBP

3,447

11.1816 GBP

2,978

11.2223 GBP

45

11.2315 GBP

1,571

11.2319 GBP

59

11.3042 GBP

Decrease Short

553

10.6957 GBP

41,807

10.7288 GBP

553

10.7747 GBP

11,364

10.7955 GBP

19,887

10.8246 GBP

10

10.8299 GBP

63,003

10.8324 GBP

19,887

10.8746 GBP

553

10.9882 GBP

553

10.9978 GBP

3,000

11.0355 GBP

165,804

11.0859 GBP

1,666

11.1600 GBP

22,925

11.1685 GBP

27,283

11.1688 GBP

10,849

11.1810 GBP

71,122

11.1842 GBP

27,924

11.1875 GBP

98,520

11.1961 GBP

11,907

11.1964 GBP

26,119

11.2015 GBP

8,006

11.2076 GBP

1,589

11.2104 GBP

18,666

11.2111 GBP

6,584

11.2134 GBP

1,942

11.2219 GBP

8,300

11.2235 GBP

36

11.2431 GBP

67,726

11.2462 GBP

33,068

11.2466 GBP

7,255

11.2491 GBP

604

11.2529 GBP

22,738

11.2570 GBP

42,523

11.2587 GBP

15,344

11.2591 GBP

7,965

11.2608 GBP

8,554

11.2610 GBP

75,000

11.2662 GBP

44,667

11.2674 GBP

25,333

11.2675 GBP

412

11.2679 GBP

2,176

11.2697 GBP

153

11.2798 GBP

334

11.2800 GBP

89

11.2827 GBP

9,410

11.2850 GBP

25,877

11.2863 GBP

553

11.2883 GBP

31

11.2890 GBP

17,700

11.2897 GBP

180

11.2997 GBP

16,808

11.3000 GBP

2,652

11.3252 GBP

499

11.3289 GBP

394

11.3398 GBP

553

11.4330 GBP

Increase Long

8,224

11.1576 GBP

14,609

11.1703 GBP

400

11.2245 GBP

30,159

11.2248 GBP

2,220

11.2922 GBP

1,000

11.3600 GBP

Increase Short

25,000

10.6638 GBP

25,000

10.6758 GBP

25,000

10.6855 GBP

168,300

10.7011 GBP

11,001

10.8036 GBP

205

10.8301 GBP

34,580

10.8336 GBP

34,390

10.8633 GBP

2,640

10.8680 GBP

34,360

10.8709 GBP

5,000

10.8752 GBP

76,749

10.8922 GBP

62,600

10.9567 GBP

27,298

10.9617 GBP

2,990

10.9644 GBP

345,285

10.9755 GBP

69

10.9801 GBP

8,169

11.0099 GBP

34,030

11.0166 GBP

4,912

11.0947 GBP

25,417

11.1058 GBP

67,610

11.1169 GBP

874

11.1206 GBP

459

11.1331 GBP

79,547

11.1500 GBP

162

11.1511 GBP

42,313

11.1600 GBP

10,585

11.1602 GBP

27

11.1611 GBP

47,271

11.1694 GBP

983

11.1755 GBP

187,300

11.1930 GBP

7,726

11.2001 GBP

50,000

11.2056 GBP

118,356

11.2092 GBP

584

11.2144 GBP

10,484

11.2354 GBP

212,301

11.2375 GBP

66,232

11.2417 GBP

16,114

11.2507 GBP

15,519

11.2593 GBP

23,110

11.2806 GBP

105,985

11.2869 GBP

4,225

11.2947 GBP

3,523

11.3169 GBP

10,398

11.3234 GBP

77,363

11.3326 GBP

1,855

11.3393 GBP

32,906

11.3418 GBP

364,561

11.3667 GBP

65,229

11.3716 GBP

420,907

11.3990 GBP

32,942

11.4272 GBP

22,865

11.4592 GBP

Opening a short position

230

10.8311 GBP

172

10.8411 GBP

789

10.9418 GBP

2,213

11.0013 GBP

1,205

11.2389 GBP

344

11.2596 GBP

54,301

11.2708 GBP

4,780

11.2711 GBP

56,284

11.2714 GBP

84,524

11.2825 GBP

1,622

11.2858 GBP

3,313

11.2860 GBP

19,237

11.2891 GBP

2,083

11.2911 GBP

30,987

11.2966 GBP

6,334

11.2978 GBP

20,393

11.2991 GBP

12,249

11.3038 GBP

687

11.3042 GBP

164

11.3111 GBP

4,053

11.3151 GBP

2,492

11.3237 GBP

6,092

11.3259 GBP

47,760

11.3315 GBP

2,172

11.3493 GBP

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type

e.g. American, European etc.

Expiry date

Option money paid/ received per unit

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

Class of relevant security

Nature of dealing

e.g. subscription, conversion

Details

Price per unit (if applicable)

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:

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

None

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 or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"

None

27 January 2026

Hetvi Shah

44 2034 936359