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

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

20-Oct-2022

6. Date on which Issuer notified

24-Oct-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	3.046526	2.061984	5.108510	12436412
Position of previous notification (if applicable)	Below Minimum Threshold	Below Minimum Threshold	Below Minimum Threshold

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		7416471		3.046526
Sub Total 8.A	7416471		3.046526%

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	07/02/2023	07/02/2023	Cash	464723	0.190898
Cash-settled Equity Swap	17/03/2023	17/03/2023	Cash	1404000	0.576732
Cash-settled Equity Swap	28/03/2023	28/03/2023	Cash	1000000	0.410778
Cash-settled Equity Swap	30/03/2023	30/03/2023	Cash	1041000	0.427620
Cash-settled Equity Swap	06/04/2023	06/04/2023	Cash	649000	0.266595
Cash-settled Equity Swap	19/04/2023	19/04/2023	Cash	86293	0.035411
Cash-settled Equity Swap	20/06/2023	20/06/2023	Cash	12464	0.005119
Cash-settled Equity Swap	26/07/2023	26/07/2023	Cash	6930	0.002834
Cash-settled Equity Swap	03/10/2023	03/10/2023	Cash	14074	0.005774
Cash-settled Equity Swap	18/10/2023	18/10/2023	Cash	53893	0.022132
Cash-settled Equity Swap	23/10/2023	23/10/2023	Cash	4964	0.002038
Cash-settled Equity Swap	01/11/2023	01/11/2023	Cash	27	0.000010
Cash-settled Equity Swap	02/11/2023	02/11/2023	Cash	165624	0.068007
Cash-settled Equity Swap	02/02/2027	02/02/2027	Cash	98646	0.040520
Cash-settled Equity Swap	07/07/2027	07/07/2027	Cash	7	0.000002
Cash-settled Equity Swap	21/07/2027	21/07/2027	Cash	10355	0.004253
Cash-settled Equity Swap	03/08/2027	03/08/2027	Cash	7941	0.003261
Sub Total 8.B2				5019941	2.061984%

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	3.045023		5.107007%
JPMorgan Chase & Co.	J.P. Morgan Securities LLC

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

24-Oct-2022

13. Place Of Completion

London