Form 8.5 (EPT/RI) -RSA INSURANCE GROUP PLC

(a) Name of exempt principal trader:

Morgan Stanley & Co. International plc

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

Use a separate form for each offeror/offeree

RSA INSURANCE GROUP PLC

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

A consortium of Intact Financial Corporation and Tryg A/S

(d) Date dealing undertaken:

06 November 2020

(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"

NO

Class of relevant security

Purchases/ sales

Total number of securities

Highest price per unit paid/received

Lowest price per unit paid/received

100P ORDINARY

SALES

11,947,925

6.6880 GBP

6.4820 GBP

100P ORDINARY

PURCHASES

20,041,411

6.7060 GBP

6.4800 GBP

100P ORDINARY

PURCHASES

35,344

7.2052 EUR

7.2052 EUR

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

100P ORDINARY

CFD

LONG

148

6.4899 GBP

100P ORDINARY

CFD

LONG

114,347

6.4900 GBP

100P ORDINARY

CFD

LONG

18,200

6.4900 GBP

100P ORDINARY

CFD

LONG

13,317

6.4900 GBP

100P ORDINARY

CFD

LONG

1,232

6.4900 GBP

100P ORDINARY

CFD

LONG

4,844

6.4927 GBP

100P ORDINARY

CFD

LONG

22,533

6.5059 GBP

100P ORDINARY

CFD

LONG

43,804

6.5080 GBP

100P ORDINARY

CFD

LONG

205,355

6.5080 GBP

100P ORDINARY

CFD

LONG

21,000

6.5304 GBP

100P ORDINARY

CFD

LONG

19,350

6.5327 GBP

100P ORDINARY

CFD

LONG

64,030

6.5333 GBP

100P ORDINARY

CFD

LONG

66,683

6.5343 GBP

100P ORDINARY

CFD

LONG

1,888

6.5346 GBP

100P ORDINARY

CFD

LONG

3,935

6.5394 GBP

100P ORDINARY

CFD

LONG

2,636

6.5403 GBP

100P ORDINARY

CFD

LONG

2,054

6.5405 GBP

100P ORDINARY

CFD

LONG

7,694

6.5417 GBP

100P ORDINARY

CFD

LONG

19,863

6.5418 GBP

100P ORDINARY

CFD

LONG

16,736

6.5425 GBP

100P ORDINARY

CFD

LONG

75,500

6.5428 GBP

100P ORDINARY

CFD

LONG

900

6.5435 GBP

100P ORDINARY

CFD

LONG

116,348

6.5449 GBP

100P ORDINARY

CFD

LONG

9,627

6.5504 GBP

100P ORDINARY

CFD

LONG

86,552

6.5562 GBP

100P ORDINARY

CFD

LONG

3,000

6.5588 GBP

100P ORDINARY

CFD

LONG

2,000

6.5588 GBP

100P ORDINARY

CFD

LONG

8,372

6.5603 GBP

100P ORDINARY

CFD

LONG

129,880

6.5615 GBP

100P ORDINARY

CFD

LONG

48,000

6.5660 GBP

100P ORDINARY

CFD

LONG

51,024

6.5783 GBP

100P ORDINARY

CFD

LONG

5,589

6.5812 GBP

100P ORDINARY

CFD

LONG

685,030

6.5835 GBP

100P ORDINARY

CFD

LONG

431

6.5841 GBP

100P ORDINARY

CFD

LONG

3,000

6.5865 GBP

100P ORDINARY

CFD

LONG

3,000

6.5869 GBP

100P ORDINARY

CFD

LONG

340,000

6.5895 GBP

100P ORDINARY

CFD

LONG

24,000

6.6001 GBP

100P ORDINARY

CFD

LONG

6,000

6.6060 GBP

100P ORDINARY

CFD

LONG

1,252

6.6102 GBP

100P ORDINARY

CFD

LONG

233,444

6.6103 GBP

100P ORDINARY

CFD

LONG

1,764

6.6103 GBP

100P ORDINARY

CFD

LONG

141,927

6.6103 GBP

100P ORDINARY

CFD

LONG

282,639

6.6103 GBP

100P ORDINARY

CFD

LONG

62

6.6148 GBP

100P ORDINARY

CFD

LONG

5,000

6.6440 GBP

100P ORDINARY

CFD

LONG

1,000

6.6440 GBP

100P ORDINARY

CFD

LONG

6,000

6.6480 GBP

100P ORDINARY

CFD

LONG

24,000

6.6501 GBP

100P ORDINARY

CFD

LONG

75,000

6.6620 GBP

100P ORDINARY

CFD

LONG

6,000

6.6680 GBP

100P ORDINARY

CFD

LONG

6,000

6.6700 GBP

100P ORDINARY

CFD

LONG

378

6.6880 GBP

100P ORDINARY

CFD

LONG

390,000

6.7047 GBP

100P ORDINARY

CFD

SHORT

66,201

6.4800 GBP

100P ORDINARY

CFD

SHORT

3,618

6.4900 GBP

100P ORDINARY

CFD

SHORT

35,000

6.4900 GBP

100P ORDINARY

CFD

SHORT

200,000

6.4900 GBP

100P ORDINARY

CFD

SHORT

4,021

6.4900 GBP

100P ORDINARY

CFD

SHORT

16,966

6.4906 GBP

100P ORDINARY

CFD

SHORT

43,077

6.4939 GBP

100P ORDINARY

CFD

SHORT

16,981

6.4939 GBP

100P ORDINARY

CFD

SHORT

22,639

6.4939 GBP

100P ORDINARY

CFD

SHORT

111,363

6.4939 GBP

100P ORDINARY

CFD

SHORT

5,940

6.4939 GBP

100P ORDINARY

CFD

SHORT

500,000

6.4998 GBP

100P ORDINARY

CFD

SHORT

250,000

6.5000 GBP

100P ORDINARY

CFD

SHORT

3,500

6.5010 GBP

100P ORDINARY

CFD

SHORT

35,344

6.5014 GBP

100P ORDINARY

CFD

SHORT

10,000

6.5014 GBP

100P ORDINARY

CFD

SHORT

111,363

6.5046 GBP

100P ORDINARY

CFD

SHORT

43,079

6.5046 GBP

100P ORDINARY

CFD

SHORT

16,980

6.5046 GBP

100P ORDINARY

CFD

SHORT

5,940

6.5046 GBP

100P ORDINARY

CFD

SHORT

22,638

6.5046 GBP

100P ORDINARY

CFD

SHORT

63,668

6.5051 GBP

100P ORDINARY

CFD

SHORT

19,500

6.5061 GBP

100P ORDINARY

CFD

SHORT

150,000

6.5100 GBP

100P ORDINARY

CFD

SHORT

4,095

6.5107 GBP

100P ORDINARY

CFD

SHORT

81,619

6.5196 GBP

100P ORDINARY

CFD

SHORT

150,000

6.5200 GBP

100P ORDINARY

CFD

SHORT

50,000

6.5255 GBP

100P ORDINARY

CFD

SHORT

1,625

6.5256 GBP

100P ORDINARY

CFD

SHORT

4,302

6.5256 GBP

100P ORDINARY

CFD

SHORT

325,000

6.5256 GBP

100P ORDINARY

CFD

SHORT

4,458

6.5256 GBP

100P ORDINARY

CFD

SHORT

21,762

6.5256 GBP

100P ORDINARY

CFD

SHORT

6,148

6.5256 GBP

100P ORDINARY

CFD

SHORT

14,937

6.5256 GBP

100P ORDINARY

CFD

SHORT

13,916

6.5256 GBP

100P ORDINARY

CFD

SHORT

3,467

6.5256 GBP

100P ORDINARY

CFD

SHORT

156,496

6.5257 GBP

100P ORDINARY

CFD

SHORT

75,000

6.5268 GBP

100P ORDINARY

CFD

SHORT

150,000

6.5300 GBP

100P ORDINARY

CFD

SHORT

1,573

6.5316 GBP

100P ORDINARY

CFD

SHORT

50,000

6.5317 GBP

100P ORDINARY

CFD

SHORT

111,363

6.5346 GBP

100P ORDINARY

CFD

SHORT

22,638

6.5346 GBP

100P ORDINARY

CFD

SHORT

5,940

6.5346 GBP

100P ORDINARY

CFD

SHORT

43,079

6.5346 GBP

100P ORDINARY

CFD

SHORT

16,980

6.5346 GBP

100P ORDINARY

CFD

SHORT

5,783

6.5364 GBP

100P ORDINARY

CFD

SHORT

32,217

6.5364 GBP

100P ORDINARY

CFD

SHORT

12,380

6.5372 GBP

100P ORDINARY

CFD

SHORT

129,099

6.5378 GBP

100P ORDINARY

CFD

SHORT

48,901

6.5378 GBP

100P ORDINARY

CFD

SHORT

26,755

6.5383 GBP

100P ORDINARY

CFD

SHORT

55,414

6.5383 GBP

100P ORDINARY

CFD

SHORT

18,201

6.5383 GBP

100P ORDINARY

CFD

SHORT

43,483

6.5383 GBP

100P ORDINARY

CFD

SHORT

26,545

6.5400 GBP

100P ORDINARY

CFD

SHORT

15,175

6.5414 GBP

100P ORDINARY

CFD

SHORT

223,455

6.5433 GBP

100P ORDINARY

CFD

SHORT

750

6.5440 GBP

100P ORDINARY

CFD

SHORT

200,000

6.5500 GBP

100P ORDINARY

CFD

SHORT

346,819

6.5500 GBP

100P ORDINARY

CFD

SHORT

166,686

6.5527 GBP

100P ORDINARY

CFD

SHORT

6,890

6.5527 GBP

100P ORDINARY

CFD

SHORT

27,061

6.5527 GBP

100P ORDINARY

CFD

SHORT

77,351

6.5532 GBP

100P ORDINARY

CFD

SHORT

20,506

6.5568 GBP

100P ORDINARY

CFD

SHORT

1,500

6.5568 GBP

100P ORDINARY

CFD

SHORT

3,200

6.5568 GBP

100P ORDINARY

CFD

SHORT

10,322

6.5568 GBP

100P ORDINARY

CFD

SHORT

246,624

6.5568 GBP

100P ORDINARY

CFD

SHORT

16,877

6.5575 GBP

100P ORDINARY

CFD

SHORT

411,140

6.5589 GBP

100P ORDINARY

CFD

SHORT

411,140

6.5598 GBP

100P ORDINARY

CFD

SHORT

150,000

6.5600 GBP

100P ORDINARY

CFD

SHORT

50,000

6.5633 GBP

100P ORDINARY

CFD

SHORT

21,539

6.5646 GBP

100P ORDINARY

CFD

SHORT

8,490

6.5646 GBP

100P ORDINARY

CFD

SHORT

2,970

6.5646 GBP

100P ORDINARY

CFD

SHORT

55,682

6.5646 GBP

100P ORDINARY

CFD

SHORT

11,319

6.5646 GBP

100P ORDINARY

CFD

SHORT

409,675

6.5665 GBP

100P ORDINARY

CFD

SHORT

2,000

6.5720 GBP

100P ORDINARY

CFD

SHORT

1,000

6.5740 GBP

100P ORDINARY

CFD

SHORT

9,700

6.5765 GBP

100P ORDINARY

CFD

SHORT

31,065

6.5765 GBP

100P ORDINARY

CFD

SHORT

4,400

6.5765 GBP

100P ORDINARY

CFD

SHORT

61,518

6.5765 GBP

100P ORDINARY

CFD

SHORT

6,000

6.5820 GBP

100P ORDINARY

CFD

SHORT

3,000

6.5840 GBP

100P ORDINARY

CFD

SHORT

16,980

6.5846 GBP

100P ORDINARY

CFD

SHORT

5,940

6.5846 GBP

100P ORDINARY

CFD

SHORT

22,638

6.5846 GBP

100P ORDINARY

CFD

SHORT

111,363

6.5846 GBP

100P ORDINARY

CFD

SHORT

43,079

6.5846 GBP

100P ORDINARY

CFD

SHORT

3,000

6.5860 GBP

100P ORDINARY

CFD

SHORT

3,000

6.5880 GBP

100P ORDINARY

CFD

SHORT

1,765,000

6.5894 GBP

100P ORDINARY

CFD

SHORT

1,000

6.5920 GBP

100P ORDINARY

CFD

SHORT

62

6.5923 GBP

100P ORDINARY

CFD

SHORT

2,903

6.5923 GBP

100P ORDINARY

CFD

SHORT

390,000

6.5975 GBP

100P ORDINARY

CFD

SHORT

100,914

6.5991 GBP

100P ORDINARY

CFD

SHORT

16,877

6.6001 GBP

100P ORDINARY

CFD

SHORT

3,000

6.6020 GBP

100P ORDINARY

CFD

SHORT

4,000

6.6040 GBP

100P ORDINARY

CFD

SHORT

230,000

6.6059 GBP

100P ORDINARY

CFD

SHORT

23,000

6.6060 GBP

100P ORDINARY

CFD

SHORT

1,000

6.6080 GBP

100P ORDINARY

CFD

SHORT

500,000

6.6100 GBP

100P ORDINARY

CFD

SHORT

103,455

6.6133 GBP

100P ORDINARY

CFD

SHORT

46,545

6.6133 GBP

100P ORDINARY

CFD

SHORT

43,079

6.6146 GBP

100P ORDINARY

CFD

SHORT

111,363

6.6146 GBP

100P ORDINARY

CFD

SHORT

22,638

6.6146 GBP

100P ORDINARY

CFD

SHORT

5,940

6.6146 GBP

100P ORDINARY

CFD

SHORT

16,980

6.6146 GBP

100P ORDINARY

CFD

SHORT

2,055,600

6.6157 GBP

100P ORDINARY

CFD

SHORT

21,550

6.6261 GBP

100P ORDINARY

CFD

SHORT

16,877

6.6360 GBP

100P ORDINARY

CFD

SHORT

100,000

6.6409 GBP

100P ORDINARY

CFD

SHORT

2,000

6.6480 GBP

100P ORDINARY

CFD

SHORT

1,050,000

6.6484 GBP

100P ORDINARY

CFD

SHORT

120,000

6.6500 GBP

100P ORDINARY

CFD

SHORT

100,000

6.6533 GBP

100P ORDINARY

CFD

SHORT

250,000

6.6553 GBP

100P ORDINARY

CFD

SHORT

2,000

6.6560 GBP

100P ORDINARY

CFD

SHORT

2,000

6.6580 GBP

100P ORDINARY

CFD

SHORT

5,000

6.6620 GBP

100P ORDINARY

CFD

SHORT

1,000

6.6620 GBP

100P ORDINARY

CFD

SHORT

135,653

6.6623 GBP

100P ORDINARY

CFD

SHORT

114,347

6.6623 GBP

100P ORDINARY

CFD

SHORT

25,413

6.6640 GBP

100P ORDINARY

CFD

SHORT

1,000

6.6640 GBP

100P ORDINARY

CFD

SHORT

17,288

6.6640 GBP

100P ORDINARY

CFD

SHORT

41,301

6.6640 GBP

100P ORDINARY

CFD

SHORT

52,633

6.6640 GBP

100P ORDINARY

CFD

SHORT

2,000

6.6660 GBP

100P ORDINARY

CFD

SHORT

1,000

6.6720 GBP

100P ORDINARY

CFD

SHORT

1,000

6.6740 GBP

100P ORDINARY

CFD

SHORT

1,000

6.6760 GBP

100P ORDINARY

CFD

SHORT

100,000

6.7010 GBP

100P ORDINARY

CFD

SHORT

250,000

6.7060 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

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

N/A

N/A

N/A

N/A

N/A

Class of relevant security

Nature of dealing

e.g. subscription, conversion

Details

Price per unit (if applicable)

N/A

N/A

N/A

N/A

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

09 November 2020

Craig Horsley

+44 141 245-7736