REG-BH Macro Limited: Transaction in Own Shares

BH MacroAnnouncement

Yesterday 17:30

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                                                     
                                
                                                                           07
January 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 Dollar        
 Date of purchase:                                            07 January 2026  07 January 2026  
 Number of ordinary shares purchased:                         128,058          5,000            
 Weighted average price (Sterling/US Dollars as applicable):  4.0236           4.2400           

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  
 314,951,933 Sterling Shares                    63,097,991 Sterling Shares        
 23,802,751 US Dollar Shares                    323,917 US Dollar Shares          

From 07 January 2026, the total number of voting rights in the Company
(rounded up to the whole number) is 481,398,666.

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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