Holding(s) in Company

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

BMG5361W1047

Issuer Name

LANCASHIRE HOLDINGS LIMITED

UK or Non-UK Issuer

Non-UK

2. Reason for Notification

An acquisition or disposal of voting rights; An acquisition or disposal of financial instruments

3. Details of person subject to the notification obligation

Name

JPMorgan Chase & Co.

City of registered office (if applicable)

Country of registered office (if applicable)

US

4. Details of the shareholder

Name	City of registered office	Country of registered office
J.P. Morgan Securities Plc

5. Date on which the threshold was crossed or reached

17-May-2022

6. Date on which Issuer notified

19-May-2022

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	1.296793	4.641471	5.938264	14478896
Position of previous notification (if applicable)	n/a	n/a	n/a

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)
BMG5361W1047		3161890		1.296793
Sub Total 8.A	3161890		1.296793%

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 exercised/converted	% of voting rights
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
Cash-settled Equity Swap	16/06/2022	16/06/2022	Cash	468722	0.192238
Cash-settled Equity Swap	22/06/2022	22/06/2022	Cash	832423	0.341404
Cash-settled Equity Swap	23/06/2022	23/06/2022	Cash	1178000	0.483136
Cash-settled Equity Swap	28/06/2022	28/06/2022	Cash	1843088	0.755910
Cash-settled Equity Swap	29/06/2022	29/06/2022	Cash	1404000	0.575826
Cash-settled Equity Swap	07/07/2022	07/07/2022	Cash	649000	0.266176
Cash-settled Equity Swap	08/07/2022	08/07/2022	Cash	244147	0.100133
Cash-settled Equity Swap	12/07/2022	12/07/2022	Cash	760588	0.311942
Cash-settled Equity Swap	01/08/2022	01/08/2022	Cash	531000	0.217780
Cash-settled Equity Swap	05/08/2022	05/08/2022	Cash	464723	0.190598
Cash-settled Equity Swap	05/09/2022	05/09/2022	Cash	417000	0.171025
Cash-settled Equity Swap	03/03/2023	03/03/2023	Cash	151259	0.062036
Cash-settled Equity Swap	28/03/2023	28/03/2023	Cash	1000000	0.410132
Cash-settled Equity Swap	30/03/2023	30/03/2023	Cash	1041000	0.426948
Cash-settled Equity Swap	05/04/2023	05/04/2023	Cash	30643	0.012568
Cash-settled Equity Swap	19/04/2023	19/04/2023	Cash	39925	0.016375
Cash-settled Equity Swap	04/05/2023	04/05/2023	Cash	2300	0.000943
Cash-settled Equity Swap	10/05/2023	10/05/2023	Cash	66562	0.027299
Cash-settled Equity Swap	01/06/2023	01/06/2023	Cash	3596	0.001475
Cash-settled Equity Swap	02/06/2023	02/06/2023	Cash	27538	0.011294
Cash-settled Equity Swap	21/06/2023	21/06/2023	Cash	7371	0.003023
Cash-settled Equity Swap	30/06/2023	30/06/2023	Cash	2188	0.000897
Cash-settled Equity Swap	02/02/2027	02/02/2027	Cash	151933	0.062313
Sub Total 8.B2				11317006	4.641471%

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 than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
JPMorgan Chase & Co.	J.P. Morgan Securities plc		4.641471	5.938264%
JPMorgan Chase & Co.	J.P. Morgan SE

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

Chain of controlled undertakings:

JPMorgan Chase & Co.
JPMorgan Chase Bank, National Association (100%)
J.P. Morgan International Finance Limited (100%)
J.P. Morgan Capital Holdings Limited (100%)
J.P. Morgan Securities plc (100%)

JPMorgan Chase & Co.
JPMorgan Chase Bank, National Association (100%)
J.P. Morgan International Finance Limited (100%)
J.P. Morgan SE (100%)

12. Date of Completion

19-May-2022

13. Place Of Completion

London