9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi

BT Pension Scheme Trustees Limited, as trustee of the BT Pension Scheme ("BTPS") is the parent undertaking of Britel Fund Nominees Limited and Britel Fund Trustees Limited, which is the parent undertaking of Hermes Fund Managers Limited ("HFML"). HFML is the parent undertaking of:

1. Hermes Equity Ownership Services Limited ("HEOS") (voting rights: 0.03919%)*

2. Hermes Focus Asset Management Limited ("HFAM")as General Partner of the following limited partnerships:

a. Hermes UK Specialist Focus Fund ("HUKSFF") (voting rights: 9.87066%)**

* This notification is being made in respect of HEOS which is an indirect holder of shares for the purpose of DTR 5.2.1(h) as a result of control of voting rights in relation to such shares.

** This notification is also being made in respect of HFAM which has an individual notification obligation under DTR 5.1.2

HUKSFF has two general partners: Hermes Investment Management Limited and HFAM. Under the limited partnership agreement for HUKSFF, the voting obligations are exercised by HFAM.

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