BAE Systems plc has announced the purchase of its own ordinary shares as part of its share repurchase program. On 22 May 2024, the company purchased 144,354 ordinary shares at prices ranging from 1,373.50p to 1,389.00p per share, with a volume-weighted average price of 1,382.63p per share. The company intends to cancel the purchased shares. Since the initiation of the third tranche of the Buyback Programme on 1 June 2023, BAE Systems plc has purchased 36,893,536 shares at a cost of £414,530,367.34.

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.