BAE Systems plc has announced that it has purchased 148,506 of its ordinary shares of 2.5p each from Morgan Stanley & Co. International plc. The highest price paid per share was 998.20p, the lowest price paid per share was 982.00p, and the volume weighted average price paid per share was 991.76p. The company intends to cancel the purchased shares.

In relation to the third tranche of the share repurchase program, which was initiated on 1 June 2023, BAE Systems has purchased a total of 8,672,933 shares at a cost of £82,469,324.60, including dealing and associated costs.

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 in the attached document.

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