Company Announcements

The below TR-1 notification has been received from Cevian Capital. The Company understands that Cevian Capital's position prior to the below TR-1 notification was 21.021691%, and notes that the 22% notifiable threshold has been crossed as a result of a decrease in the number of ordinary shares of the Company in issue, due to the Share Buyback Programme launched on 19 November 2024.

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00B82YXW83

Issuer Name

VESUVIUS PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An event changing the breakdown of voting rights

3. Details of person subject to the notification obligation

Name

Cevian Capital II GP Limited

City of registered office (if applicable)

`St Helier

Country of registered office (if applicable)

Jersey

4. Details of the shareholder

 ______________________________________________________________________________
|Name                   |City of registered office|Country of registered office|
|_______________________|_________________________|____________________________|
|Aurora Nominees Limited|London                   |United Kingdom              |
|_______________________|_________________________|____________________________|

5. Date on which the threshold was crossed or reached

20-Nov-2024

6. Date on which Issuer notified

22-Nov-2024

7. Total positions of person(s) subject to the notification obligation

 _____________________________________________________________________________
|               |               |% of voting    |             |               |
|               |% of voting    |rights through |Total of both|Total number of|
|.              |rights attached|financial      |in % (8.A +  |voting rights  |
|               |to shares      |instruments    |8.B)         |held in issuer |
|               |(total of 8.A) |(total of 8.B 1|             |               |
|               |               |+ 8.B 2)       |             |               |
|_______________|_______________|_______________|_____________|_______________|
|Resulting      |               |               |             |               |
|situation on   |               |               |             |               |
|the date on    |22.008006      |0.000000       |22.008006    |57249896       |
|which threshold|               |               |             |               |
|was crossed or |               |               |             |               |
|reached        |               |               |             |               |
|_______________|_______________|_______________|_____________|_______________|
|Position of    |               |               |             |               |
|previous       |               |               |             |               |
|notification   |               |               |             |               |
|(if applicable)|               |               |             |               |
|_______________|_______________|_______________|_____________|_______________|

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

 _____________________________________________________________________________
|Class/Type of   |Number of direct|Number of      |% of direct  |% of indirect|
|shares ISIN code|voting rights   |indirect voting|voting rights|voting rights|
|(if possible)   |(DTR5.1)        |rights         |(DTR5.1)     |(DTR5.2.1)   |
|                |                |(DTR5.2.1)     |             |             |
|________________|________________|_______________|_____________|_____________|
|GB00B82YXW83    |                |57249896       |             |22.008006    |
|________________|________________|_______________|_____________|_____________|
|Sub Total 8.A   |57249896                        |22.008006%                 |
|________________|________________________________|___________________________|

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 _____________________________________________________________________________
|              |          |                   |Number of voting   |           |
|Type of       |Expiration|Exercise/conversion|rights that may be |% of voting|
|financial     |date      |period             |acquired if the    |rights     |
|instrument    |          |                   |instrument is      |           |
|              |          |                   |exercised/converted|           |
|______________|__________|___________________|___________________|___________|
|Sub Total 8.B1|                              |                   |           |
|______________|______________________________|___________________|___________|

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

 ___________________________________________________________________________
|Type of   |Expiration|Exercise/conversion|Physical or|Number of|% of voting|
|financial |date      |period             |cash       |voting   |rights     |
|instrument|          |                   |settlement |rights   |           |
|__________|__________|___________________|___________|_________|___________|
|Sub Total |                                          |         |           |
|8.B2      |                                          |         |           |
|__________|__________________________________________|_________|___________|

9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

 ______________________________________________________________________________
|               |              |               |% of voting    |               |
|               |              |% of voting    |rights through |Total of both  |
|Ultimate       |Name of       |rights if it   |financial      |if it equals or|
|controlling    |controlled    |equals or is   |instruments if |is higher than |
|person         |undertaking   |higher than the|it equals or is|the notifiable |
|               |              |notifiable     |higher than the|threshold      |
|               |              |threshold      |notifiable     |               |
|               |              |               |threshold      |               |
|_______________|______________|_______________|_______________|_______________|
|Cevian Capital |Cevian Capital|               |               |               |
|II G.P. Limited|II Master Fund|22.008006      |               |22.008006%     |
|               |L.P.          |               |               |               |
|_______________|______________|_______________|_______________|_______________|

10. In case of proxy voting

Name of the proxy holder

 

The number and % of voting rights held

 

The date until which the voting rights will be held

 

11. Additional Information

Cevian Capital II G.P. Limited acts as general partner for Cevian Capital II Master Fund L.P.

The legal owner of the shares is Aurora Nominees Limited (acting as nominee), which holds the shares on behalf of UBS AG, London Branch (acting as custodian).

The notifiable threshold was crossed as a result of a decrease in the number of ordinary shares of the issuer in issue, due to the Share Buyback Programme launched on 19 November 2024.

12. Date of Completion

22-Nov-2024

13. Place Of Completion

Jersey