REG - Smith & Nephew Plc - Holding(s) in Company

Smith & NephewAnnouncement

Tue 09:00

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RNS Number : 9033E  Smith & Nephew Plc  19 May 2026

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB0009223206

Issuer Name

SMITH & NEPHEW PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal 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

14-May-2026

6. Date on which Issuer notified

18-May-2026

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

                                                                            % of voting rights attached to shares (total of 8.A)  % of voting rights through financial instruments (total of 8.B 1 + 8.B 2)  Total of both in % (8.A + 8.B)  Total number of voting rights held in issuer
 Resulting situation on the date on which threshold was crossed or reached  11.183442                                             0.000000                                                                   11.183442                       95512095
 Position of previous notification (if applicable)                          11.013663                                             0.000000                                                                   11.013663

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 shares ISIN code(if possible)  Number of direct voting rights (DTR5.1)  Number of indirect voting rights (DTR5.2.1)  % of direct voting rights (DTR5.1)  % of indirect voting rights (DTR5.2.1)
 GB0009223206                                                                          95512095                                                                         11.183442
 Sub Total 8.A                                95512095                                                                              11.183442%

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

 Type of financial instrument  Expiration date  Exercise/conversion period  Number of voting rights that may be acquired if the instrument is  % of voting rights
                                                                            exercised/converted

 Sub Total 8.B1

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

 Type of financial instrument  Expiration date  Exercise/conversion period  Physical or cash settlement  Number of voting rights  % of voting 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)

 Ultimate controlling person     Name of controlled undertaking                   % of voting rights if it equals or is higher than the notifiable threshold  % of voting rights through financial instruments if it equals or is higher  Total of both if it equals or is higher than the notifiable threshold
                                                                                                                                                              than the notifiable threshold
 Cevian Capital II G.P. Limited  Cevian Capital II Master Fund L.P.               10.005808                                                                                                                                               10.005808%
 Cevian Capital II G.P. Limited  Cevian Capital II Co-Investment - Series P L.P.  1.177635                                                                                                                                                1.177635%

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. and Cevian Capital II Co-Investment - Series P L.P.

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

This notification is made for transparency purposes. Since Cevian Capital II
G.P. Limited's notification dated 13 May 2026, the percentage of voting rights
held via Cevian Capital II Master Fund L.P. has increased to 10.005808%
(previously notified percentage: 9.836028%). The percentage of voting rights
held via Cevian Capital II Co-Investment - Series P L.P. remains the same as
disclosed in the notification dated 13 May 2026 (previously notified
percentage: 1.177635%).

As a result of this increase, Cevian Capital II G.P. Limited's aggregate
holding is now 11.183442% (previ-ously notified percentage: 11.013663%).
Cevian Capital II G.P. Limited has not crossed a new notification threshold as
a result of this increase.

12. Date of Completion

18-May-2026

13. Place Of Completion

Jersey

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