BAE Systems plc has announced the purchase of its ordinary shares as part of its share repurchase program. The company bought 177,814 ordinary shares from Morgan Stanley & Co. International plc on 2 January 2024. The highest price paid per share was 1,130.00p, the lowest was 1,114.50p, and the volume-weighted average price paid per share was 1,120.98p. The total cost of the shares purchased since 28 July 2022, including dealing and associated costs, amounts to £218,020,871.03.

The company intends to cancel the purchased shares. A detailed 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 an offer for securities in any jurisdiction.

For further information, investors can contact Martin Cooper, Investor Relations Director, at +44 (0)1252 383455 or via email at [email protected]. Media inquiries can be directed to Kristina Anderson, Director of Media Relations, at +44 (0) 7540 628673 or via email at [email protected].