BAE Systems plc has announced the purchase of its ordinary shares as part of its share repurchase program. The company bought 170,164 of its ordinary shares from Morgan Stanley & Co. International plc on 2nd February 2024. The highest price paid per share was 1,181.00p, the lowest was 1,166.00p, and the volume-weighted average price paid per share was 1,172.42p. The company intends to cancel the purchased shares.

In relation to the Third Tranche, since 1st June 2023, BAE Systems plc has purchased 25,375,398 shares at a cost (including dealing and associated costs) of £264,084,226.45. 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, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction. The announcement is 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.