The Vanguard Group Discloses Stake in Qualcomm

The Vanguard Group, Inc. has issued a Form 8.3 disclosure regarding its stake in Qualcomm Incorporated. As of November 18, 2025, Vanguard holds 114,052,805 shares, representing 10.67% of Qualcomm's common stock. This form adheres to Rule 8.3 of the UK Takeover Code, which requires disclosure when a person holds more than 1% of a company's relevant securities.

The disclosure details several transactions. Vanguard purchased 41,185 shares and sold 2,816 shares of Qualcomm at varying prices, reflecting active trading behavior. No cash-settled or stock-settled derivatives were reported in this period. Additionally, Vanguard confirms no other parties or related dealings impact this disclosure.

The document specifies the absence of any indemnities or agreements involving securities that could induce transactions. It also affirms there's no arrangement impacting voting rights or future acquisitions involving derivatives.