Transaction in Own Shares

Pershing Square Holdings, Ltd. Announces Transactions in Own Shares - 15 December 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:	15 December 2025
Number of Public Shares Purchased:	22,483 Shares
Average Price Paid Per Share:	67.44 USD
Buyback Breakdown by Trading Venue
Trading Venue:	London Stock Exchange
Ticker:	PSH
Date of Purchase:	15 December 2025
Number of Public Shares Purchased:	17,084 Shares
Highest Price Paid Per Share:	5,065 pence / 67.82 USD
Lowest Price Paid Per Share:	4,978 pence / 66.65 USD
Average Price Paid Per Share:	5,036 pence / 67.43 USD
Ticker:	PSHD
Date of Purchase:	15 December 2025
Number of Public Shares Purchased:	5,399 Shares
Highest Price Paid Per Share:	67.85 USD
Lowest Price Paid Per Share:	66.45 USD
Average Price Paid Per Share:	67.47 USD

PSH will hold these Public Shares in Treasury. The net asset value per Public Share related to this buyback is 87.73 USD / 65.96 GBP which was calculated as of 9 December 2025. After giving effect to the above buyback, PSH has 176,590,586 Public Shares outstanding. Excluded from the shares outstanding are 34,366,164 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]

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