Notification and Public Disclosure of Transactions

Notification and Public Disclosure of Transactions

Pershing Square Holdings, Ltd.

Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (NA:PSH) notes that the information set out below is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (EU) No 596/2014 as it forms part of UK law by virtue of the European Union (Withdrawal) Act 2018.

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	WAFH II LLC
2.	Reason for the notification
a)	Position / status	Person closely associated with William A. Ackman, CEO of investment manager to issuer
b)	Initial notification / amendment	Initial
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Pershing Square Holdings, Ltd.
b)	LEI	U7LC4KOKCTZ0YWGI2G56
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Public Shares (Shares A)
	Identification code (ISIN)	GG00BPFJTF46
b)	Nature of the transaction	Acquisition by way of contribution from William A. Ackman
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		NA	10,000,000
d)	Aggregate information: - Aggregated volume - Price	Volume (aggregate)	Price (aggregate)
		10,000,000	NA
e)	Date of transaction	14 February 2022
f)	Place of the transaction	Outside a trading venue (OTC)
Remarks: William A. Ackman contributed 10,000,000 Public Shares to WAFH II LLC, which he wholly owns.