BAE Systems plc has announced that it has purchased 48,709 of its ordinary shares of 2.5p each from Morgan Stanley & Co. International plc. The purchase was made in accordance with the terms of the share repurchase program announced on July 28, 2022, and is part of the third tranche of the program. The highest price paid per share was 1,004.50p, the lowest price paid per share was 1,001.50p, and the volume weighted average price paid per share was 1,003.41p. The company intends to cancel the purchased shares.

Since June 1, 2023, BAE Systems plc has purchased a total of 6,591,129 shares as part of the third tranche of the share repurchase program, at a cost of £61,597,898.71. A full breakdown of the individual trades made by Morgan Stanley & Co. International plc on behalf of the company is available in the attached document.

This announcement does not constitute an offer or solicitation of an offer for securities. The announcement can be found on the company's website and for further information, investors can contact Martin Cooper, Investor Relations Director, and media can contact Kristina Anderson, Director of Media Relations.