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
5 November 2025

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 Dollar
Date of purchase:	5 November 2025	5 November 2025
Number of ordinary shares purchased:	54,854	3,500
Weighted average price (Sterling/US Dollars as applicable):	4.0350	4.1400

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
321,821,123 Sterling Shares	56,236,483 Sterling Shares
23,945,744 US Dollar Shares	167,013 US Dollar Shares

From 5 November 2025, the total number of voting rights in the Company (rounded up to the whole number) is 491,612,005.

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]

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