Transaction in Own Shares

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
20 July 2026

BH Macro Limited (the Company) announces 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
Date of purchase:	17 July 2026
Number of ordinary shares purchased:	9,000
Weighted average price (Sterling/US Dollars as applicable):	4.2200

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 Treasury)	Ordinary Shares held in Treasury
300,143,775 Sterling Shares	77,611,937 Sterling Shares
23,579,013 US Dollar Shares	928,765 US Dollar Shares

From 17 July 2026, the total number of voting rights in the Company (rounded up to the whole number) is 459,445,690.

Enquiries:

Company website:        www.bhmacro.com

William Simmonds
JPMorgan Cazenove
Tel: [phone]

The Company Secretary
Northern Trust International Fund Administration Services (Guernsey) Limited
Tel: [phone]

---

---