Form 8.5 (EPT/RI)-Beazley plc

(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:

20 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

4,025,540

11.6000 GBP

11.2600 GBP

3,957,087

11.6000 GBP

11.2595 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

39,920

11.2602 GBP

9,017

11.2611 GBP

1,953

11.2699 GBP

10,512

11.2700 GBP

1,953

11.2729 GBP

1,614

11.3176 GBP

3,316

11.3215 GBP

22,823

11.3423 GBP

820

11.3442 GBP

1,035

11.3664 GBP

6,970

11.4071 GBP

15,746

11.4168 GBP

471

11.5031 GBP

3,982

11.5069 GBP

5,652

11.5679 GBP

Decrease Short

122,440

11.2600 GBP

20,556

11.2605 GBP

9,106

11.2711 GBP

3,091

11.2723 GBP

66,482

11.2944 GBP

41,284

11.2950 GBP

18,314

11.2952 GBP

22,423

11.3155 GBP

9,596

11.3189 GBP

8,521

11.3196 GBP

20,511

11.3219 GBP

17,152

11.3510 GBP

5,567

11.3641 GBP

80,089

11.3658 GBP

1,614

11.3911 GBP

33,570

11.4125 GBP

11,500

11.4256 GBP

72,620

11.4351 GBP

68,109

11.4494 GBP

19,192

11.4504 GBP

51,000

11.4629 GBP

14,877

11.4655 GBP

13,969

11.4849 GBP

45,745

11.4948 GBP

11,098

11.5038 GBP

16,512

11.5624 GBP

6,378

11.5700 GBP

54

11.5748 GBP

64,027

11.5863 GBP

62

11.5948 GBP

2,019

11.5987 GBP

165

11.6000 GBP

Increase Long

398

11.2595 GBP

78,576

11.2668 GBP

48,828

11.3813 GBP

7

11.5286 GBP

17,395

11.5571 GBP

Increase Short

314,868

11.2600 GBP

97,955

11.2607 GBP

553

11.2614 GBP

50,000

11.2655 GBP

27,716

11.2727 GBP

2,463

11.2742 GBP

4,368

11.3225 GBP

71,090

11.3379 GBP

404

11.3653 GBP

21,078

11.3715 GBP

11,255

11.3732 GBP

43,114

11.3817 GBP

19,148

11.3868 GBP

472

11.4011 GBP

33,760

11.4084 GBP

106

11.4100 GBP

32,523

11.4217 GBP

825

11.4266 GBP

16,009

11.4267 GBP

16,895

11.4283 GBP

2,417

11.4568 GBP

509

11.4620 GBP

1,099

11.4818 GBP

257

11.4831 GBP

50,000

11.4857 GBP

383

11.4879 GBP

358

11.4918 GBP

50,000

11.5004 GBP

401

11.5035 GBP

25,872

11.5066 GBP

13,609

11.5100 GBP

299

11.5250 GBP

29

11.5407 GBP

54

11.5752 GBP

32,046

11.5858 GBP

42

11.5867 GBP

62

11.5952 GBP

Opening a short position

925

11.4058 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

21 January 2026

Hetvi Shah

44 2034 936359