M&G PLC, through M&G Investment Management Limited, has disclosed a 1.63% interest in DS Smith PLC. The disclosure, made under Rule 8.3 of the Takeover Code, includes 22,580,731 relevant securities owned and/or controlled. M&G does not have discretion regarding voting rights in respect of 70,821 shares that are included in the total above. The disclosure also includes details of a sale of 58,175 securities at a price of £4.6643 per unit. The disclosure does not include any 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 August 2024.