TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS
 
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Amaroq Minerals Ltd.
1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)
Non-UK issuer X
2. Reason for the notification (please mark the appropriate box or boxes with an “X”)
An acquisition or disposal of voting rights X
An acquisition or disposal of financial instruments  
An event changing the breakdown of voting rights  
Other (please specify):  
3. Details of person subject to the notification obligation
Name Kvika banki hf.
City and country of registered office (if applicable) Reykjavík, Iceland
4. Full name of shareholder(s) (if different from 3.)
Name  
City and country of registered office (if applicable)  
5. Date on which the threshold was crossed or reached: 04 October 2024
6. Date on which issuer notified (DD/MM/YYYY): 31 October 2024
7. Total positions of person(s) subject to the notification obligation
  % of voting rights attached to shares (total of 8. A) % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) Total of both in % (8.A + 8.B) Total number of voting rights held in issuer (8.A + 8.B)
Resulting situation on the date on which threshold was crossed or reached 3.55% - 3.55% 12,995,054
Position of previous notification (if applicable)        
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
A: Voting rights attached to shares
Class/type ofsharesISIN code (if possible) Number of voting rights % of voting rights
Direct(DTR5.1) Indirect (DTR5.2.1) Direct(DTR5.1) Indirect(DTR5.2.1)
CA02312A1066 12,995,054   3.55%  
         
SUBTOTAL 8. A 12,995,054 3.55%
 
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial instrument Expirationdate Exercise/ Conversion Period Number of voting rights that may be acquired if the instrument is exercised/converted. % of voting rights
         
    SUBTOTAL 8. B 1    
 
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of financial instrument Expirationdate Exercise/ Conversion Period Physical or cash Settlement Number of voting rights % of voting rights
           
      SUBTOTAL 8.B.2    
 
9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”)
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer X
Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary)  
Name % of voting rights if it equals or is higher than the notifiable threshold % of voting rights through financial instruments if it equals or is higher than the notifiable threshold Total of both if it equals or is higher than the notifiable threshold
       
 
10. In case of proxy voting, please identify:
Name of the proxy holder  
The number and % of voting rights held  
The date until which the voting rights will be held  
 
11. Additional information
 
Place of completion Reykjavík, Iceland
Date of completion 31 October 2024
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