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Director/PDMR Shareholding

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Amaroq Ltd. announced that CEO Eldur Olafsson sold 476,442 common shares and Interim COO Joan Plant sold 61,756 common shares, both at a price of 114 pence per share, to cover taxes related to Restricted Share Unit vesting. Following these transactions, Eldur Olafsson's total shareholding is 16,579,383 shares, and Joan Plant's is 489,251 shares.

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Discharging Managerial Responsibilities (PDMRs)

TORONTO, ONTARIO – 17 February 2026 – Amaroq Ltd. (AIM, TSX-V, NASDAQ Iceland: AMRQ, OTCQX: AMRQF), an independent mine development corporation focused on unlocking Greenland’s mineral potential, announces that it was informed that Eldur Olafsson (Chief Executive Officer), and Joan Plant (Interim COO) sold 476,442 and 61,756 common shares, respectively, of no par value in the Company to cover taxes related to the earlier vesting of Restricted Share Units (the “RSUs”) announced on 13 February 2026. This brings Eldur Olafsson’s total holding to 16,579,383 shares and Joan Plant’s to 489,251 shares in the Company.

DEALING NOTIFICATION FORM

FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY

AND THEIR CLOSELY ASSOCIATED PERSONS

1.Details of the person discharging managerial responsibilities/person closely associated
a)Name:1) Eldur Olafsson 2) Joan Plant
2.Reason for the notification
a)Position/status:1) Director and Chief Executive Officer 2) Interim COO
b)Initial notification/AmendmentInitial notification
a)NameAmaroq Ltd.
b)LEI:213800Q21S5JQ6WKCE70
a)Description of the financial instrument, type of instrument: Identification code:Common shares of no par value in Amaroq Ltd. ISIN: CA02311U1030
b)Nature of the transaction:Sale of common shares of no par value in Amaroq Ltd. to cover taxes in earlier vesting of RSUs
c)Price(s) and volume(s):Price(s) Volume(s) 1) 114p 476,442 2) 114p 61,756
d)Aggregated information: Aggregated volume: Average price:1) 476,442; 2) 61,756 114p
e)Date of the transaction(s):February 16, 2026
f)Place of the transactionAIM

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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