Form 8.5 (EPT/RI)-Replacement of British Land

Companies

British Land Company (BLND)

UK 100

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(a) Name of exempt principal trader:	Morgan Stanley & Co. International plc
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	British Land Company plc, The
(c) Name of the party to the offer with which exempt principal trader is connected:	British Land Company plc, The
(d) Date dealing undertaken:	11 February 2026
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state "N/A"	YES- Life Science REIT plc

Class of relevant security	Purchases/ sales	Total number of securities	Highest price per unit paid/received	Lowest price per unit paid/received
25p ordinary	SALES	1,508,037	4.1914 GBP	4.0680 GBP
25p ordinary	PURCHASES	1,617,085	4.1960 GBP	4.0755 GBP
25p ordinary	PURCHASES	6,261	5.6848 USD	5.6656 USD
25p ordinary	SALES	7,391	5.6911 USD	5.6848 USD

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
25p ordinary	CFD	increasing a long position	2,452	4.0808 GBP
25p ordinary	CFD	increasing a long position	4,457	4.0871 GBP
25p ordinary	CFD	increasing a long position	1,594	4.0884 GBP
25p ordinary	CFD	increasing a long position	14,581	4.0974 GBP
25p ordinary	CFD	increasing a long position	993	4.1080 GBP
25p ordinary	CFD	increasing a long position	945	4.1100 GBP
25p ordinary	CFD	increasing a long position	935	4.1120 GBP
25p ordinary	CFD	increasing a long position	653	4.1120 GBP
25p ordinary	CFD	increasing a long position	216	4.1140 GBP
25p ordinary	CFD	increasing a long position	184	4.1140 GBP
25p ordinary	CFD	increasing a long position	1,342	4.1170 GBP
25p ordinary	CFD	increasing a long position	26,100	4.1200 GBP
25p ordinary	CFD	increasing a long position	2,807	4.1287 GBP
25p ordinary	CFD	increasing a long position	1,158	4.1300 GBP
25p ordinary	CFD	increasing a long position	20,413	4.1314 GBP
25p ordinary	CFD	increasing a long position	807	4.1330 GBP
25p ordinary	CFD	increasing a long position	23,478	4.1334 GBP
25p ordinary	CFD	increasing a long position	184	4.1340 GBP
25p ordinary	CFD	increasing a long position	6,191	4.1375 GBP
25p ordinary	CFD	increasing a long position	1,750	4.1375 GBP
25p ordinary	CFD	increasing a long position	2,260	4.1375 GBP
25p ordinary	CFD	increasing a long position	4,469	4.1375 GBP
25p ordinary	CFD	increasing a long position	1,547	4.1375 GBP
25p ordinary	CFD	increasing a long position	1,174	4.1375 GBP
25p ordinary	CFD	increasing a long position	660	4.1375 GBP
25p ordinary	CFD	increasing a long position	3,667	4.1375 GBP
25p ordinary	CFD	increasing a long position	880	4.1375 GBP
25p ordinary	CFD	increasing a long position	761	4.1375 GBP
25p ordinary	CFD	increasing a long position	1,769	4.1375 GBP
25p ordinary	CFD	increasing a long position	8,416	4.1381 GBP
25p ordinary	CFD	increasing a long position	6,473	4.1381 GBP
25p ordinary	CFD	increasing a long position	12,746	4.1414 GBP
25p ordinary	CFD	increasing a long position	1,013	4.1440 GBP
25p ordinary	CFD	increasing a long position	42,608	4.1478 GBP
25p ordinary	CFD	increasing a long position	3,151	4.1500 GBP
25p ordinary	CFD	increasing a long position	1,156	4.1561 GBP
25p ordinary	CFD	increasing a long position	58	4.1601 GBP
25p ordinary	CFD	increasing a long position	21,727	4.1608 GBP
25p ordinary	CFD	increasing a long position	9,247	4.1624 GBP
25p ordinary	CFD	increasing a long position	1,351	4.1700 GBP
25p ordinary	CFD	increasing a long position	8	4.1700 GBP
25p ordinary	CFD	increasing a long position	23,777	4.1700 GBP
25p ordinary	CFD	increasing a long position	314	4.1703 GBP
25p ordinary	CFD	increasing a long position	14,281	4.1771 GBP
25p ordinary	CFD	increasing a short position	3,190	4.1029 GBP
25p ordinary	CFD	increasing a short position	3,165	4.1114 GBP
25p ordinary	CFD	increasing a short position	72,697	4.1240 GBP
25p ordinary	CFD	increasing a short position	2,597	4.1255 GBP
25p ordinary	CFD	increasing a short position	1	4.1297 GBP
25p ordinary	CFD	increasing a short position	4	4.1297 GBP
25p ordinary	CFD	increasing a short position	23	4.1297 GBP
25p ordinary	CFD	increasing a short position	2	4.1297 GBP
25p ordinary	CFD	increasing a short position	43,879	4.1358 GBP
25p ordinary	CFD	increasing a short position	221	4.1513 GBP
25p ordinary	CFD	increasing a short position	277,912	4.1561 GBP
25p ordinary	CFD	increasing a short position	71	4.1621 GBP
25p ordinary	CFD	increasing a short position	1,003	4.1623 GBP
25p ordinary	CFD	increasing a short position	433	4.1623 GBP
25p ordinary	CFD	increasing a short position	1,310	4.1623 GBP
25p ordinary	CFD	increasing a short position	12,807	4.1656 GBP
25p ordinary	CFD	increasing a short position	4,548	4.1666 GBP
25p ordinary	CFD	increasing a short position	6,342	4.1701 GBP
25p ordinary	CFD	reducing a long position	3,151	4.1029 GBP
25p ordinary	CFD	reducing a long position	993	4.1080 GBP
25p ordinary	CFD	reducing a long position	945	4.1100 GBP
25p ordinary	CFD	reducing a long position	1,588	4.1120 GBP
25p ordinary	CFD	reducing a long position	400	4.1140 GBP
25p ordinary	CFD	reducing a long position	1,342	4.1170 GBP
25p ordinary	CFD	reducing a long position	8,452	4.1170 GBP
25p ordinary	CFD	reducing a long position	4,938	4.1206 GBP
25p ordinary	CFD	reducing a long position	2,651	4.1220 GBP
25p ordinary	CFD	reducing a long position	41,268	4.1240 GBP
25p ordinary	CFD	reducing a long position	1,236	4.1255 GBP
25p ordinary	CFD	reducing a long position	28,280	4.1261 GBP
25p ordinary	CFD	reducing a long position	11,586	4.1299 GBP
25p ordinary	CFD	reducing a long position	1,158	4.1300 GBP
25p ordinary	CFD	reducing a long position	5,407	4.1323 GBP
25p ordinary	CFD	reducing a long position	807	4.1330 GBP
25p ordinary	CFD	reducing a long position	184	4.1340 GBP
25p ordinary	CFD	reducing a long position	1,013	4.1440 GBP
25p ordinary	CFD	reducing a long position	32,408	4.1454 GBP
25p ordinary	CFD	reducing a long position	4,643	4.1465 GBP
25p ordinary	CFD	reducing a long position	22,886	4.1558 GBP
25p ordinary	CFD	reducing a long position	534	4.1560 GBP
25p ordinary	CFD	reducing a long position	13,952	4.1588 GBP
25p ordinary	CFD	reducing a long position	16,435	4.1650 GBP
25p ordinary	CFD	reducing a long position	16,477	4.1681 GBP
25p ordinary	CFD	reducing a long position	4,296	4.1700 GBP
25p ordinary	CFD	reducing a long position	17,765	4.1700 GBP
25p ordinary	CFD	reducing a long position	1,705	4.1700 GBP
25p ordinary	CFD	reducing a long position	5,429	4.1701 GBP
25p ordinary	CFD	reducing a long position	324	4.1889 GBP
25p ordinary	CFD	reducing a short position	5,666	4.1035 GBP
25p ordinary	CFD	reducing a short position	72,697	4.1334 GBP
25p ordinary	CFD	reducing a short position	100,000	4.1357 GBP
25p ordinary	CFD	reducing a short position	46,131	4.1557 GBP
25p ordinary	CFD	reducing a short position	4,276	4.1574 GBP
25p ordinary	CFD	reducing a short position	20,566	4.1652 GBP
25p ordinary	CFD	reducing a short position	39,691	4.1665 GBP
25p ordinary	CFD	reducing a short position	45	4.1698 GBP
25p ordinary	CFD	reducing a short position	99	4.1700 GBP
25p ordinary	CFD	reducing a short position	83	4.1700 GBP
25p ordinary	CFD	reducing a short position	170	4.1700 GBP
25p ordinary	CFD	reducing a short position	59,784	4.1700 GBP
25p ordinary	CFD	reducing a short position	19,237	4.1706 GBP
25p ordinary	CFD	reducing a short position	1,019	4.1880 GBP

Date of disclosure:	13 February 2026
Contact name:	Claire Gordon
Telephone number:	+44 141 245-8893

Form 8.5 (EPT/RI)-Replacement of British Land

Date of disclosure:

Contact name:

Telephone number:

Companies

UK 100

Latest directors dealings