Update on Voluntary Delisting from the TSX Venture Exchange

TORONTO, ONTARIO – 19 March 2026 – Amaroq Ltd. (AIM, TSX-V, NASDAQ Iceland: AMRQ, OTCQX: AMRQF), an independent mine development corporation focused on unlocking Greenland’s mineral potential, notes that further to the announcement on 18 February 2026, the voluntary delisting of its common shares from the TSX Venture Exchange (the “TSXV”) will be effective as of close of trading today, 19 March, 2026.

The Company’s common shares, in the form of Depositary Interests issued by Computershare Investor Services PLC, will continue to trade on AIM, Nasdaq Iceland and OTCQX.

Information for any Canadian Shareholders

Following the delisting from the TSXV, Canadian shareholders holding shares with their broker (“CDS participant”) and wishing to trade their shares on AIM or Nasdaq Iceland, will need such shares to be made eligible to be transferred and settled as depositary interests through CREST, the United Kingdom based share transfer and settlement system. Canadian Shareholders are therefore encouraged to contact their broker to begin this process. CDS participants may initiate instructions to Computershare Trust Company of Canada (“Computershare”) via its xSettle web service. Shares cannot be transferred and settled through CREST until a shareholder’s CDS participant broker or the shareholder initiates a cross-border request.

If the shares are held in certificated or Direct Registration form, as applicable, shareholders may instruct Computershare to arrange for the shares to be held by a CREST participant broker. This can be done by completing a ‘Register Removal Request – Canada to United Kingdom’ form, with valid CREST participant account details, and submitting such form to Computershare via email at ca.globaltransactions@computershare.com.

For any questions on this process please contact Computershare’s global transaction unit by phone at +1 (877) 624-5999 or via email at ca.globaltransactions@computershare.com. The Company intends to maintain CDS eligibility for its shares until 30 April, 2026 in order to allow Canadian shareholders time to complete the process contemplated above.

Despite the delisting, the Company will continue to be subject to ongoing disclosure and other obligations as a reporting issuer under applicable securities legislation in Canada.

Amaroq Ltd.

Ed Westropp, Head of BD and Corporate Affairs

Panmure Liberum Limited (Nominated Adviser and Corporate Broker)

Scott Mathieson

Freddie Wooding

Canaccord Genuity Limited (Corporate Broker)

James Asensio

Harry Rees

Camarco (Financial PR)

Billy Clegg

Elfie Kent

Fergus Young