LLOYDS ENGINEERING WORKS : ACQUISITION OF SHARES

• Lloyds Engineering Works Limited (LEWL) held 100% equity stake in Lloyds Advance Defence Systems Limited (LADSL). • LADSL approved a private placement of shares to its holding company and two other investors on June 24, 2026. • Subsequent to allotment on June 29, 2026, LEWL's stake in LADSL has been diluted by 15% to 85%. • LADSL is now a subsidiary with an 85% stake, down from a wholly-owned subsidiary. Impact: Neutral (Dilution of stake in subsidiary; no financial impact mentioned)

Lloyds Engineering Works Ltd

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