Notification and Public Disclosure of Transactions by Persons Discharging Managerial Responsibilities

Smith & Nephew plc announced on April 2, 2026, that awards were granted on April 1, 2026, under various share plans. These include the Deferred Share Bonus Plan, Global Share Plan 2020, and Restricted Share Plan 2024. The awards, consisting of ordinary shares with a nominal value of US$0.20 each, were granted at a price of £12.744 per share. This price was determined by the average closing prices of the shares for the ten dealing days following the company's full-year 2025 results announcement on March 2, 2026. A portion of the annual bonus for Executive Directors was deferred into share awards under the Deferred Share Bonus Plan, vesting on March 15, 2029. Performance share awards under the Global Share Plan 2020 and awards under the Restricted Share Plan 2024 also have a vesting date of March 15, 2029, with the latter subject to performance conditions and potential scaling back based on various factors including financial performance and regulatory compliance. Participants in all plans will receive additional shares equivalent to dividends paid during the vesting or performance periods.