BAE Systems plc has announced the purchase of its own ordinary shares as part of its share repurchase program. The company bought 166,727 ordinary shares from Morgan Stanley & Co. International plc on 08 February 2024. The highest price paid per share was 1,202.00p, the lowest was 1,190.00p, and the volume-weighted average price paid per share was 1,196.59p. The company intends to cancel the purchased shares.

In relation to the Third Tranche, since 1 June 2023, BAE Systems plc has purchased 26,042,887 shares at a cost (including dealing and associated costs) of £272,109,460.38. 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. For further information, the announcement will be available on the Company's website. If further information is required, investors can contact Martin Cooper, Investor Relations Director, and media inquiries can be directed to Kristina Anderson, Director of Media Relations.