BRIEF

on The Vanguard Group, Inc. (isin : US12572Q1058)

The Vanguard Group Discloses Interests in Smith (DS) plc

The Vanguard Group, Inc. has filed a Form 8.3 disclosure concerning its position in Smith (DS) plc. The filing reveals that Vanguard holds 67,589,044 shares, representing 4.90% of the 10p ordinary shares in Smith (DS) plc. The disclosure was made as per Rule 8.3 of the Takeover Code and captures Vanguard's position as of October 18, 2024.

Besides Smith (DS) plc, the disclosure also mentions International Paper Company as another entity Vanguard is making disclosures about. Additionally, Vanguard has confirmed no agreements, arrangements, or understandings pertaining to options, derivatives, or dealing inducements related to these securities.

The filing ensures transparency regarding Vanguard's interests ahead of any significant corporate movements. No Supplemental Form 8 (Open Positions) is attached, as confirmed by Shawn Acker, the contact for this disclosure.

R. P.

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