RNS Number : 7351Z

BAE SYSTEMS PLC

17 September 2025

BAE Systems plc

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Charles Woodburn ("CW")

Bradley Greve ("BG")

Gabrielle Costigan ("GC")

Julian Cracknell ("JC")

Tania Gandamihardja ("TG")

Edward Gelsthorpe ("EG")

Caitlin Hayden ("CH")

Karin Hoeing ("KH")

Andrea Thompson ("AT")

2

Reason for the notification

a)

Position/status

CW - Group Chief Executive Officer

BG - Chief Finance Officer

GC - Group Managing Director, Business Development

JC - Chief Technology & Information Officer

TG - Group Human Resources Director

EG - Group General Counsel

CH - Group Communications Director

KH - Group ESG, Culture & Business Transformation Director

AT - Group Managing Director, Digital Intelligence

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

BAE Systems plc

b)

LEI

8SVCSVKSGDWMW2QHOH83

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 2.5p each in BAE Systems plc

GB0002634946

b)

Nature of the transaction

Purchase of Partnership shares and the award of Matching shares under the BAE Systems Share Incentive Plan.

c)

Price(s) and volume(s)

Price(s)	Volume(s) of Partnership Shares
£20.08348	CW - 7
	BG - 7
	GC - 7
	JC - 7
	TG - 8
	EG - 7
	CH - 7
	KH - 7
	AT - 7

Price(s)	Volume(s) of Matching Shares
Nil	CW - 3
	BG - 3
	GC - 3
	JC - 3
	TG - 3
	EG - 3
	CH - 3
	KH - 3
	AT - 3

d)

Aggregated information

- Price

- Aggregated volume

Prices(s)	Volume
£14.058	CW - 10
£14.058	BG - 10
£14.058	GC - 10
£14.058	JC - 10
£14.606	TG - 11
£14.058	EG - 10
£14.058	CH - 10
£14.058	KH - 10
£14.058	AT - 10

e)

Date of the transaction

2025-09-15

f)

Place of the transaction

- Partnership shares

- Matching shares

XLON - London Stock Exchange

Outside of a trading venue (sourced from Treasury shares)

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ed Gelsthorpe

2

Reason for the notification

a)

Position/status

Group General Counsel

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

BAE Systems plc

b)

LEI

8SVCSVKSGDWMW2QHOH83

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 2.5p each in BAE Systems plc

GB0002634946

b)

Nature of the transaction

Exercise of 8,981 Performance Shares under the BAE Systems Long Term Incentive Plan (LTIP) and the subsequent sale of 8,981 shares.

c)

Price(s) and volume(s)

	Price	Volume(s)
Acquisition of shares on exercise of share option	Nil	8,981
Sale of shares including those to satisfy tax liabilities	£19.925	8,981

d)

Aggregated information

- Aggregated volume

- Price

Exercise---

Volume:  8,981

Price GBP: Nil

Shares sold including those to satisfy income tax liabilities

Volume:   8,981

Price GBP: £178,946.42

e)

Date of the transaction

2025-09-15

f)

Place of the transaction

XLON - London Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ed Gelsthorpe

2

Reason for the notification

a)

Position/status

Group General Counsel

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

BAE Systems plc

b)

LEI

8SVCSVKSGDWMW2QHOH83

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 2.5p each in BAE Systems plc

GB0002634946

b)

Nature of the transaction

Exercise of 25,789 options under the BAE Systems Long Term Incentive Plan (LTIP), and the subsequent sale of 7,789 shares to satisfy tax liabilities. Ed Gelsthorpe retained 9,368 shares.

c)

Price(s) and volume(s)

	Price	Volume(s)
Acquisition of shares on exercise of share option	£7.8320	25,789
Shares retained to cover the costs of exercise	£19.925	8,632
Sale of shares to satisfy tax liabilities	£19.925	7,789
Shares retained		9,368

d)

Aggregated information

- Aggregated volume

- Price

Exercise---

Volume:  25,789

Price GBP:  £201,979.45

Shares retained to cover the costs of exercise

Volume:   8,632

Price GBP: £171,992.60

Sale of shares to satisfy tax liabilities

Volume:  7,789

Price GBP: £155,195.82

e)

Date of the transaction

2025-09-15

f)

Place of the transaction

XLON - London Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Simon Barnes

G

Reason for the notification

a)

Position/status

Group Managing Director, Air

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

BAE Systems plc

b)

LEI

8SVCSVKSGDWMW2QHOH83

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 2.5p each in BAE Systems plc

GB0002634946

b)

Nature of the transaction

Sale of shares.

c)

Price(s) and volume(s)

	Price	Volume(s)
Sale of shares	£19.815	18,000

d)

Aggregated information

- Aggregated volume

- Price

Volume:  18,000

Price GBP: £356,670

e)

Date of the transaction

2025-09-12

f)

Place of the transaction

XLON - London Stock Exchange

17 September 2025

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