Conversion of Securities

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) LEI: 549300ZOFF0Z2CM87C29

April 2025 Share Conversion6 May 2025(Classified Regulated Information, under DTR 6 Annex 1 section 2.3)

The Company has received (in aggregate) the following share conversion requests from shareholders for the 30 April 2025 Share Conversion Date:

164,359 USD Shares to convert to GBP Shares2,720 GBP Shares to convert to USD Shares

Conversions will take place as soon as practicable after the Company's month-end net asset value figures for April 2025 are released. Converting shareholders will be notified upon conversion taking place, which will be no later than 25 business days after 30 April 2025.

Company website: www.bhmacro.com

Enquiries:The Company SecretaryNorthern Trust International Fund Administration Services (Guernsey) LimitedTel: +44 (0) 1481 745001