REG-BH Macro Limited: Transaction in Own Shares

BH MacroAnnouncement

Mon 18:00

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                                                     
                                
                                                                           3
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                             US Dollar        
 Date of purchase:                                          3 November 2025  
 Number of ordinary shares purchased:                       7,500            
 Lowest price per share (pence)                             4.12             
 Highest price per share (pence)                            4.12             
 Trading venue                                              London           
 Aggregate volume per date per trading venue:               7,500            
 Weighted average price per day per trading venue (pence):  4.1200           

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  
 322,120,831 Sterling Shares                                55,936,775 Sterling Shares        
 23,969,244                                  Dollar Shares  143,513 Dollar Shares             

From 3 November 2025, the total number of voting rights in the Company
(rounded up to the whole number) is 492,070,749.

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



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