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 31 December 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: 31 December 2025 31 December 2025 Number of ordinary shares purchased: 136,077 5,000 Weighted average price (Sterling/US Dollars as applicable): 3.9992 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 315,544,584 Sterling Shares 62,513,022 Sterling Shares 23,800,863 US Dollar Shares 315,894 US Dollar Shares   From 31 December 2025, the total number of voting rights in the Company (rounded up to the whole number) is 482,269,019.     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