Disclosure of Vanguard's Stake in Direct Line Insurance

On February 11, 2025, The Vanguard Group, Inc. disclosed its interest in Direct Line Insurance Group plc, in line with Rule 8.3 of the Takeover Code. The disclosure highlights Vanguard's 5.45% stake equating to 71,488,151 ordinary shares in Direct Line Insurance. The disclosure is based on the position as of February 10, 2025.

Vanguard reported no open stock-settled derivative positions or agreements regarding Direct Line Insurance securities beyond this stake. In addition to Direct Line, the disclosure includes interests concerning Aviva plc. A recent transaction involved Vanguard acquiring 4,320 ordinary shares at 2.66 GBP each.

No indemnity or option arrangements were noted, and no agreements were in place regarding voting rights linked to options or derivatives. The disclosure is part of transparency requirements enforced under the Takeover Code to inform stakeholders of significant shareholdings.