BAE Systems PLC has announced the purchase and cancellation of 157,000 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 1,289.0000p, the lowest price paid was 1,271.0000p, and the volume weighted average price paid per share was 1,281.9434p. The company intends to cancel all of the purchased ordinary shares.

In relation to the First Tranche, the Company has purchased 620,280 ordinary shares in aggregate at a volume weighted average price of 1,268.1249p 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, investors can contact the Investor Relations Director or the Media Relations Director.

This update provides insight into BAE Systems PLC's ongoing share repurchase program and its recent transactions, offering transparency to investors and stakeholders.