BAE Systems plc has announced the purchase of its own ordinary shares as part of its share repurchase program. The company bought 171,875 ordinary shares at a volume-weighted average price of 1,160.03 pence per share from Morgan Stanley & Co. International plc. The highest price paid per share was 1,167.50 pence, and the lowest was 1,151.00 pence. The purchased shares are intended to be canceled.

Since the initiation of the third tranche of the Buyback Programme on 1 June 2023, BAE Systems plc has purchased 24,026,095 shares at a total cost of £248,085,484.89, including dealing and associated costs. 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. The details of the transaction will also be available on the Company's website. For further information, investors can contact Martin Cooper, Investor Relations Director, and for media inquiries, Kristina Anderson, Director of Media Relations.