Update Regarding Resignation of Portfolio Managers

THIS ANNOUNCEMENT CONTAINS INFORMATION THAT IS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE UK VERSION OF REGULATION (EU) No. 5985/2014 WHICH IS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED

Geiger Counter Limited (the "Company")

26 March 2026

Update Following the Resignation of Portfolio Managers

Further to the announcement by the Company on 16 March 2026, the Board announces that during the notice period of Keith Watson and Robert Crayfourd, CQS (UK) LLP (trading as Manulife CQS Investment Management) ("Manulife CQS") has engaged two senior portfolio managers, Diana Racanelli and Craig Bethune, to work alongside Keith and Robert in the management of the portfolio. Diana Racanelli and Craig Bethune are based in Toronto and are senior portfolio managers at Manulife Investment Management ("Manulife"). They have been with Manulife for 12 years and together manage approximately USD415 million of metals & mining and energy assets, as well as a further USD1,238 million of metals & mining and resources exposure within team‑managed portfolios.

Keith Watson and Robert Crayfourd will remain the named Portfolio Managers, and there is no change to the Company's investment process, strategy, or day‑to‑day operations.

The Board continues to assess its options for future portfolio management arrangements, which are ongoing, and will make a further announcement in due course.

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