BAE Systems plc has announced the purchase and cancellation of 155,000 of its ordinary shares of 2.5 pence each on the London Stock Exchange from J.P. Morgan Securities plc. The highest price paid per ordinary share was 1,292.0000p, the lowest price paid was 1,271.5000p, and the volume weighted average price paid per share was 1,281.8938p. The Company intends to cancel all of the purchased ordinary shares.

In relation to the First Tranche, the Company has purchased 1,717,280 ordinary shares in aggregate at a volume weighted average price of 1,277.1210p per ordinary share. This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction.

The full breakdown of the individual purchases of ordinary shares made by JPMS plc on behalf of the Company can be found on the London Stock Exchange's website. The announcement will also be available on the Company's website. For further information, contact details for Investor Relations and Media Relations are provided.

This update provides insight into BAE Systems plc's ongoing share repurchase programme and the specific details of the recent share purchases and cancellations.