F20-F23 £4.5bn share buy-back programme

Phase 4

Phase 4 was announced on 1 November 2022 and completed on 1 February 2023.

As of close of market on 1 February 2023, the number of ordinary shares purchased by Diageo in phase four of the F20-F23 return of capital programme was 17,590,639 shares.

These purchases were the last purchases to be made under the F20-F23 £4.5bn programme Phase 4 between Diageo, on the one hand, and Merrill Lynch International, on the other hand.

Phase 3

Summary of Phase 3 F20-F23 return of capital programme

Phase 3 was announced on 21 February 2022 and completed on 5 October 2022.

As of close of market on 5 October 2022, the number of ordinary shares purchased by Diageo in phase three of the F20-F23 return of capital programme was 43,332,167 shares. These purchases were the last purchases to be made under Phase 3 of the F20-F23 programme between Diageo, on the one hand, and UBS AG London Branch, on the other hand.

Phase 2

Summary of Phase 2 F20-F23 return of capital programme

Phase 2 (second tranche) was announced on 26 November 2021 and completed on 11 February 2022.

As of close of market on 11 February 2022, the number of ordinary shares purchased by Diageo in phase two (second tranche) of the F20-F23 return of capital programme was 14,322,206 shares. These purchases were the last purchases to be made under Phase 2 (second tranche) of the F20-F23 programme between Diageo, on the one hand, and Goldman Sachs International (GSI), on the other hand.

Phase 2 (first tranche) was announced on 12 May 2021 and completed on 12 November 2021.

As of close of market on 12 November 2021, the number of ordinary shares purchased by Diageo in phase two (first tranche) of the F20-F23 return of capital programme was 12,886,226 shares. These purchases were the last purchases to be made under Phase 2 (First tranche) of the F20-F23 programme between Diageo, on the one hand, and UBS AG London Branch, on the other hand.

Phase 1

Summary of Phase 1 F20-F23 return of capital programme

Phase 1 was announced on 1 August 2019 and completed on 31 January 2020.

As of close of market on 31 January 2020, the number of ordinary shares purchased by Diageo in phase one of the F20-F23 return of capital programme was 36,121,366 shares. These purchases were the last purchases to be made under Phase 1 of the F20-F23 programme between Diageo, on the one hand, and UBS AG London Branch, on the other hand.