Smith & Nephew : 1. VESTING OF SHARE AWARDS UNDER THE GLOBAL SHARE PLAN 2020 - Form 6-K

1. VESTING OF SHARE AWARDS UNDER THE GLOBAL SHARE PLAN 2020

The following awards of US$0.20 ordinary shares (the "Shares") in Smith & Nephew plc (the "Company") vested on 14 November 2022, being the first business day post vesting date, under the Smith & Nephew Global Share Plan 2020.

i. PARTIAL VESTING OF CONDITIONAL SHARE AWARDS MADE UNDER THE GLOBAL SHARE PLAN 2020:

The awards were granted under the Global Share Plan 2020 on 12 November 2021. One third of the Shares vested on 12 November 2022, a further third will vest on 12 November 2023 and the final third will vest on 12 November 2024. A number of Shares were sold to cover taxation obligations arising on the vesting of the awards.

The following relates to individuals included in the below notification:

Reason for the notification
Initial notification /Amendment	Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	Smith & Nephew plc
LEI	213800ZTMDN8S67S1H61
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Description of the financial instrument, type of instrument	Smith & Nephew plc ordinary shares of USD 0.20 each
Identification code	ISIN: GB0009223206
Nature of the transaction	Partial vesting of a Conditional Share Award granted on 12 November 2021 under the Smith & Nephew Global Share Plan 2020.
Date of Transaction	2022 - 11 - 14
Place of Transaction	London Stock Exchange (XLON)

Name (Position)	Status	Price (£)	Volume	Aggregated information	Total Ordinary Share Holding following the transaction *	Total Ordinary Share Holding as a % of the Company's ISC following the transaction *
Paul Connolly (President, Global Operations)	PDMR	10.629361	10,290 (of which 2,992 were sold to cover taxes due and 7,298 retained)	N/A Single Transaction	7,298.00000 ordinary shares	0.00083%
Mizanu Kebede (Chief Quality and Regulatory Affairs Officer)	PDMR	10.629361	5,049 (of which 1,621 were sold to cover taxes due and 3,428 retained)	N/A Single Transaction	4,139.84492 ordinary shares (including 355.92246 in ADS')	0.00047%

* including those held by Persons Closely Associated with the Director/PDMR. All figures in these columns are stated to 5 decimal places where applicable.

2. VESTING OF A RESTRICTED STOCK UNIT AWARDGRANTED UNDER THE AWARD AGREEMENT DATED 29 APRIL 2022

In line with the announcement published on 3 May 2022, a Restricted Stock Unit Award of US$0.20 ordinary shares (the "Shares") in Smith & Nephew plc (the "Company") granted to Deepak Nath vested on 13 November 2022.This Restricted Stock Unit Award formed part of the buy-out awards granted in respect of outstanding incentives Deepak Nath forfeited upon leaving his former company.

i. PARTIAL VESTING OF A RESTRICTED STOCK UNIT AWARD:

A Restricted Stock Unit Award of 14,364 shares was granted to Deepak Nath on 29 April 2022. One third of these shares (4,788 shares) vested on 13 November 2022, a further third will vest on 13 November 2023 and the final third will vest on 13 November 2024. A number of Shares were sold to cover taxation obligations arising on the vesting of the award.

The following relates to individual included in the below notification:

Reason for the notification
Initial notification /Amendment	Initial notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	Smith & Nephew plc
LEI	213800ZTMDN8S67S1H61
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Description of the financial instrument, type of instrument	Smith & Nephew plc ordinary shares of USD 0.20 each
Identification code	ISIN: GB0009223206
Nature of the transaction	Partial vesting of a Restricted Stock Unit Award granted on 29 April 2022 under the award agreement.
Date of Transaction	2022 - 11 - 14
Place of Transaction	London Stock Exchange (XLON)

Name (Position)	Status	Price (£)	Volume	Aggregated information	Total Ordinary Share Holding following the transaction *	Total Ordinary Share Holding as a % of the Company's ISC following the transaction *
Deepak Nath (Chief Executive Officer)	Director	10.629361	4,788 (of which 1,170 were sold to cover taxes due and 3,618 retained)	N/A Single Transaction	9,189.00000 ordinary shares	0.00105%

* including those held by Persons Closely Associated with the Director/PDMR. All figures in these columns are stated to 5 decimal places where applicable.

Sarah Carne

Deputy Company Secretary

Smith & Nephew plc

Tel: [phone]