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Vanguard's Disclosure on Alphawave IP Group and Qualcomm

The Vanguard Group, Inc. disclosed its public opening position related to Alphawave IP Group plc as required by Rule 8.3 of the Takeover Code. As of November 24, 2025, Vanguard holds an interest in 14,286,077 ordinary shares of Alphawave, representing 1.80% of the relevant securities. Additionally, the disclosure includes dealings with Qualcomm Incorporated, indicating a broader investment strategy.

Recently, Vanguard executed trades in Alphawave's 1p ordinary shares, purchasing 5,083 shares at 1.90 GBP and selling 56,000 shares at the same price. No other agreements or derivatives related to these securities are reported, suggesting a straightforward investment position. The disclosure emphasizes transparency in the securities market, adhering to regulatory standards.

R. H.

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