Transaction in Own Shares

Pershing Square Holdings, Ltd. Announces Transactions in Own Shares - 20 November 2025

Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (“PSH”) today announced that it has purchased, through PSH’s agent, Jefferies International Limited (“Jefferies”), the following number of PSH’s Public Shares of no par value (ISIN Code: GG00BPFJTF46) (the "Shares"):

Total Buyback
Ticker/s:	PSH (LSE); PSHD (LSE)
Date of Purchase:	20 November 2025
Number of Public Shares Purchased:	25,466 Shares
Average Price Paid Per Share:	63.83 USD
Buyback Breakdown by Trading Venue
Trading Venue:	London Stock Exchange
Ticker:	PSH
Date of Purchase:	20 November 2025
Number of Public Shares Purchased:	20,649 Shares
Highest Price Paid Per Share:	4,912 pence / 64.27 USD
Lowest Price Paid Per Share:	4,850 pence / 63.45 USD
Average Price Paid Per Share:	4,878 pence / 63.82 USD
Ticker:	PSHD
Date of Purchase:	20 November 2025
Number of Public Shares Purchased:	4,817 Shares
Highest Price Paid Per Share:	64.30 USD
Lowest Price Paid Per Share:	63.50 USD
Average Price Paid Per Share:	63.88 USD

PSH will hold these Public Shares in Treasury. The net asset value per Public Share related to this buyback is 82.88 USD / 63.05 GBP which was calculated as of 18 November 2025. After giving effect to the above buyback, PSH has 177,017,614 Public Shares outstanding. Excluded from the shares outstanding are 33,939,136 Public Shares held in Treasury. The prices per Public Share were calculated by Jefferies.

The one special voting share (held by PS Holdings Independent Voting Company Limited) has not been affected.

About Pershing Square Holdings, Ltd.
Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) is an investment holding company structured as a closed-ended fund.

Category: (PSH:ShareRepurchases)

Media Contact
Camarco
Ed Gascoigne-Pees / Julia Tilley [phone], [e-mail]

View source version on businesswire.com: https://www.businesswire.com/news/home/20251120438819/en/