BAE Systems plc has announced the purchase of its own ordinary shares as part of its share repurchase program. The company purchased 147,757 ordinary shares from Morgan Stanley & Co. International plc on 28 March 2024. The highest price paid per share was 1,355.00p, the lowest price paid per share was 1,344.50p, and the volume-weighted average price paid per share was 1,350.46p. The company intends to cancel the purchased shares.

In relation to the Third Tranche of the Buyback Programme, since 1 June 2023, BAE Systems plc has purchased 31,522,457 shares at a cost (including dealing and associated costs) of £342,308,044.87. 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.