BAE Systems plc has announced the purchase of its ordinary shares as part of its share repurchase program. The company bought 158,956 ordinary shares from Morgan Stanley & Co. International plc on 19 February 2024. The highest price paid per share was 1,256.00p, the lowest was 1,239.00p, and the volume-weighted average price paid per share was 1,249.23p. The company intends to cancel the purchased shares.

Regarding the Third Tranche, since 1 June 2023, BAE Systems plc has purchased 27,180,963 shares at a cost (including dealing and associated costs) of £286,144,372.31. A full breakdown of the individual trades made by Morgan Stanley & Co. International plc on behalf of the Company as part of the share repurchase program is available on the company's website.

This announcement does not constitute an offer or solicitation of an offer for securities in any jurisdiction. For further information, investors can contact Martin Cooper, Investor Relations Director, at +44 (0)1252 383455 or via email at [email protected]. Media inquiries can be directed to Kristina Anderson, Director of Media Relations, at +44 (0) 7540 628673.