New Awards under the Restricted Share Unit (“RSU”) Plan and the Stock Option Plan

New Awards under the Restricted Share Unit (“RSU”) Plan and the Stock Option Plan

19 August 2026 – Amaroq Ltd. (LSE, NASDAQ Iceland: AMRQ, OTCQX: AMRQF), an independent mine development company focused on unlocking Greenland’s mineral potential, announces that on 17 August 2026, in accordance with the Company’s Restricted Share Unit Plan (the “RSU Plan”), it granted a total of 430,126 RSUs, of which 419,983 RSUs were granted to certain directors and 10,143 RSUs were granted to an employee of the Company.

Details of the awards to persons discharging managerial responsibilities (“PDMRs”) are set out below in accordance with Article 19 of the UK Market Abuse Regulation.

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The Company also announces that it has granted stock options to employees to acquire up to 95,692 common shares at an exercise price of £1.045 per share under the Company’s Stock Option Plan.

The RSUs and stock options were granted under, and governed in accordance with, the RSU Plan and the Company’s Stock Option Plan. Full details of both plans are available on the Company’s website at https://www.amaroqminerals.com/about/corporate-governance/ .

Enquiries: Amaroq Ltd. C/O Ed Westropp, Chief Corporate Development and Strategy Officer +44 (0)7385 755711 ewe@amaroqminerals.com

Canaccord Genuity Limited (Corporate Broker) James Asensio Rory Blundell Harry Rees +44 (0) 20 7523 8000

Citigroup Global Markets (Corporate Broker) Andrew Miller-Jones David Herring +44 (0) 207 986 3463

Panmure Liberum Limited (Corporate Broker) Scott Mathieson Piers Shimwell +44 (0) 20 7886 2500

Camarco (Financial PR) Elfie Harkell Fergus Young +44 (0) 20 3757 4980

About Amaroq Amaroq’s focus is the identification, acquisition, exploration and development of gold and strategic metals in Greenland. The Company’s principal asset is the 100% owned and operated, producing Nalunaq Gold mine.