Vanguard Group Announces Significant Stake in Qualcomm

The Vanguard Group, Inc. has disclosed its substantial interest in Qualcomm Incorporated as per Form 8.3 rules of the Takeover Code. The disclosure, dated October 21, 2025, reveals that Vanguard holds 113,485,315 shares, equivalent to 10.57% of Qualcomm's common stock.

This announcement includes dealings that occurred on October 21. Vanguard purchased 15,775 common shares at a price of 168.83 USD per unit, while selling 11,486 shares at the same price. The declaration does not reveal any cash-settled or stock-settled derivative transactions nor any rights to subscribe for new securities.

Additionally, Vanguard has confirmed its disclosure applies to Alphawave IP Group PLC alongside Qualcomm. There are no new indemnity or option arrangements reported in this disclosure. No Supplemental Form 8 indicating open positions is attached.