Form 8.3

LONDON--(BUSINESS WIRE)-- 

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a) Full name of discloser:	Park West Asset Management LLC, investment adviser to the funds named in 1(b)
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.	Park West Investors Master Fund, Limited and Park West Partners International, Limited
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	Qualcomm Incorporated
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure	December 1, 2025
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state “N/A”	Yes, Alphawave IP Group plc

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:	Common
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:			(219,328)	(0.020)
(2) Cash-settled derivatives:
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	146,200	0.014
TOTAL:	146,200	0.014	(219,328)	(0.020)

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:

Details, including nature of the rights concerned and relevant percentages:

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

1. Purchases and sales

Class of relevant security	Purchase/sale	Number of securities	Price per unit (USD)
Common	Purchase	71	167.015
Common	Purchase	255	167.03
Common	Purchase	10	167.035
Common	Purchase	471	167.04
Common	Purchase	40	167.045
Common	Purchase	245	167.055
Common	Purchase	608	167.06
Common	Purchase	51	167.31
Common	Purchase	10	167.32
Common	Purchase	100	167.325
Common	Purchase	713	167.33
Common	Purchase	2	167.34
Common	Purchase	70	167.35
Common	Purchase	69	167.36
Common	Purchase	189	167.37
Common	Purchase	99	167.38
Common	Purchase	205	167.39
Common	Purchase	142	167.4
Common	Purchase	1000	167.725
Common	Purchase	300	167.73
Common	Purchase	480	167.735
Common	Purchase	200	167.76
Common	Purchase	400	167.7675
Common	Purchase	100	167.77
Common	Purchase	467	167.78
Common	Purchase	200	167.7825
Common	Purchase	2048	167.785
Common	Purchase	300	167.79
Common	Purchase	416	167.795
Common	Purchase	839	167.8
Common	Purchase	359	167.81
Common	Purchase	1284	167.815
Common	Purchase	571	167.82
Common	Purchase	40	167.825
Common	Purchase	1338	167.83
Common	Purchase	340	167.835
Common	Purchase	1591	167.84
Common	Purchase	200	167.845
Common	Purchase	550	167.85
Common	Purchase	300	167.855
Common	Purchase	436	167.86
Common	Purchase	400	167.87
Common	Purchase	400	167.8725
Common	Purchase	700	167.875
Common	Purchase	200	167.88
Common	Purchase	1280	167.885
Common	Purchase	300	167.89
Common	Purchase	400	167.8975
Common	Purchase	400	167.9
Common	Purchase	1450	167.905
Common	Purchase	800	167.91
Common	Purchase	229	167.9125
Common	Purchase	200	167.915
Common	Purchase	435	167.92
Common	Purchase	200	167.9275
Common	Purchase	900	167.93
Common	Purchase	200	167.9325
Common	Purchase	547	167.935
Common	Purchase	200	167.94
Common	Purchase	200	167.9425
Common	Purchase	2140	167.945
Common	Purchase	1380	167.95
Common	Purchase	200	167.96
Common	Purchase	680	167.965
Common	Purchase	100	167.995
Common	Purchase	400	168.06
Common	Purchase	500	168.12
Common	Purchase	200	168.1425
Common	Purchase	200	168.225
Common	Purchase	1,300	168.245
Common	Purchase	300	168.25
Common	Purchase	480	168.26
Common	Purchase	1080	168.31
Common	Purchase	100	168.345
Common	Purchase	2,500	168.365
Common	Purchase	200	168.375
Common	Purchase	480	168.41
Common	Purchase	110	168.4225
Common	Purchase	600	168.44
Common	Purchase	200	168.445

(b) Cash-settled derivative transactions

Class of relevant security

Product description e.g. CFD

Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position

Number of reference securities

Price per unit

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of relevant security	Product description e.g. call option	Writing, purchasing, selling, varying etc.	Number of securities to which option relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date	Option money paid/ received per unit
Common	Put Option	Purchasing to Close	57,000	150 USD	American	1/16/2026	1.7723

(ii) Exercise

Class of relevant security

Product description e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealing e.g. subscription, conversion

Details

Price per unit (if applicable)

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

None

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state “none”

None

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?

Yes

Date of disclosure:	December 2, 2025
Contact name:	Melissa Frayer
Telephone number*:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on [phone].

*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel’s Market Surveillance Unit.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.

Note 5(i) on Rule 8 of the Takeover Code (the “Code”)

1. KEY INFORMATION

Full name of person making disclosure:	Park West Asset Management LLC
Name of offeror/offeree in relation to whose relevant securities the disclosure relates:	Qualcomm Incorporated

2. STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)

Class of relevant security	Product description e.g. call option	Written or purchased	Number of securities to which option or derivative relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date
Common	Put Option	Written	142,100	150 USD	American	1/16/2026
Common	Put Option	Written	4,100	150 USD	American	1/16/2026

3. AGREEMENTS TO PURCHASE OR SELL ETC.

Full details should be given so that the nature of the interest or position can be fully understood:

It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives.

The currency of all prices and other monetary amounts should be stated.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on [phone].

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.