7 March 2024

BAE Systems plc

2023 Annual Report and Accounts

BAE Systems plc (the "Company") announces that its 2023 Annual Report has been published today and can be accessed at: https://annualreport.baesystems.com/2023. This follows the publication of the Company's Preliminary Results Announcement for the year ended 31 December 2023 published on 21 February 2024, which can be accessed at: https://investors.baesystems.com/results-centre.

In accordance with Listing Rule 9.6.1R, a copy of the Company's 2023 Annual Report will be submitted to the National Storage Mechanism today and will be shortly available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

As part of the mailing of the Company's 2024 Notice of Annual General Meeting, the Company's 2023 Annual Report will be posted to those shareholders who have previously requested paper copies.

This announcement is made in accordance with DTR 6.3.5R(1A).

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For further information, please contact:

Investor Relations                                           Media Relations

Martin Cooper                                                Kristina Anderson
Investor Relations Director                           Director, Media Relations
Telephone: +44 (0)1252 383455                  Telephone: +44 (0)7540 628673
Email: [email protected]              Email: [email protected]