BAE Systems plc has announced the purchase of its own ordinary shares as part of its share repurchase program. The company bought 162,693 ordinary shares from Morgan Stanley & Co. International plc on 14 February 2024. The highest price paid per share was 1,231.50p, the lowest was 1,211.50p, and the volume-weighted average price paid per share was 1,225.80p. 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 26,698,991 shares at a cost (including dealing and associated costs) of £280,134,784.00. 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 reference. For additional information, investors can contact Martin Cooper, Investor Relations Director, and for media inquiries, Kristina Anderson, Director of Media Relations.

This transaction reflects the company's commitment to its share repurchase program and its confidence in its financial position and future prospects.