M&G PLC, through M&G Investment Management Limited, has disclosed a 2.07% interest in DS Smith Plc. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, includes the ownership and control of 28,545,206 relevant securities. The disclosure also mentions that M&G does not have discretion regarding voting rights in respect of 154,427 shares included in the total. The disclosure further details recent purchases of DS Smith Plc's securities, including the number of securities and the price per unit. Additionally, the disclosure states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. No supplemental form is attached to the disclosure. The disclosure was made on 21 February 2024.