Company Announcements

BH Macro Limited (the "Company")
(a closed-ended collective investment scheme established as a company with limited liability under the laws of Guernsey with registered number 46235)

Transaction in Own Shares
19 May 2026

BH Macro Limited (the Company) announces today it has purchased the following number of its ordinary shares on the London Stock Exchange from J.P. Morgan Securities plc:

  Ordinary Shares: - Share Class                   Sterling      US Dollars

  Date of purchase:                                18 May 2026   18 May 2026

  Number of ordinary shares purchased:             154,738       17,100

  Weighted average price (Sterling/US Dollars as   4.3400        4.4375
applicable):

The Company intends to hold the purchased shares in treasury.

Following the above share transactions of the relevant US Dollar and/or Sterling Shares, the total number of shares in issue in each share class of the Company will be as follows:

  Ordinary Shares in issue (excluding   Ordinary Shares held in TreasuryTreasury)

  304,793,025 Sterling Shares           72,893,026 Sterling Shares23,968,295 US Dollar Shares           632,242 US Dollar Shares

From 18 May 2026, the total number of voting rights in the Company (rounded up to the whole number) is 466,580,825.

Enquiries:

Company website:        www.bhmacro.com

William Simmonds
JPMorgan Cazenove
Tel: 020 7588 2828

The Company Secretary
Northern Trust International Fund Administration Services (Guernsey) Limited
Tel: 01481 745001