Correction re. Warrant Exchange Offer

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN OR INTO AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, THE UNITED STATES, ANY TERRITORY OR POSSESSION THEREOF OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

09 September 2026

Hamak Strategy Limited

("Hamak" or the "Company")

Correction re. Warrant Exchange Offer

Hamak Strategy Limited (LSE: HAMA), a Company combining advanced gold exploration in West Africa with a Digital Asset Treasury Management strategy, provides a correction in relation to its Warrant Exchange Offer.

Further to the Company's announcement on 27 August 2026 regarding the total number of warrants being exchanged for New Ordinary Shares pursuant to its Warrant Exchange Offer the Company has since been informed that the correct number of warrants to be cancelled is 192,370,375, which will be exchanged for 38,474,075 New Ordinary Shares, an increase of 5 million. This corresponds to the agreed proposed ratio of one new ordinary share in Hamak for every five Eligible Warrants validly surrendered and cancelled.

Admission of the further 5 million New Ordinary Shares to trading on the London Stock Exchange is expected to occur on or around 11 September 2026.

The New Ordinary Shares will rank pari passu in all respects with the Company's existing ordinary shares.

Following Admission, the Company's issued share capital will consist of 515,613,924 ordinary shares. The Company holds 9,075,000 ordinary shares in treasury, and therefore the number of voting rights is 506,538,924.

For the purposes of UK MAR, the person responsible for arranging the release of this announcement on behalf of Hamak is Karl Smithson, CEO and Executive Director.

For further information on Hamak you are invited to view the company's website at https://hamakstrategy.com/ or please contact:

About Hamak Strategy Limited

Hamak Strategy Limited (LSE: HAMA) is a UK listed company focussed on gold exploration in Africa and with a strategy of pursuing an appropriate and compliant BTC / crypto treasury management policy.

Important Notice

The Company maintains some of its treasury reserves and surplus cash in Bitcoin, a form of cryptocurrency. The Company is not authorised or regulated by The Financial Conduct Authority (FCA) and Bitcoin investments are generally not subject to regulation by the FCA or otherwise in the United Kingdom. Neither the Company nor investors in the Company's shares are protected by the UK's Financial Ombudsman Service or the Financial Services Compensation Scheme.

However, the FCA considers Bitcoin investments to be high-risk. The value of Bitcoin can go up as well as down, leading to fluctuations in the value of the Company's Bitcoin holdings, and the Company may not be able to realise its Bitcoin holdings for the same amount it paid to acquire them, or even for the value the Company currently attributes to its Bitcoin positions.

The Company's Board of Directors have identified the following risks in relation to the holding of Bitcoin, which are not exhaustive:

•         The value of Bitcoin can be highly volatile, with its value falling as quickly as it rises. Investors in Bitcoin must be prepared to lose all money invested.

•         The Bitcoin market is largely unregulated. There is a risk of losing money due to factors such as cyber-attacks, financial crime, and counterparty failure.

•       The Company may not be able to sell its Bitcoin at will. The ability to sell Bitcoin depends on various factors, including the supply and demand in the market at the relevant time. Operational failings such as technology outages, cyber-attacks, and commingling of funds could cause unwanted delays.

•          Cryptoassets carry a perception of fraud, money laundering, and financial crime.

An investment in the Company is not an investment in Bitcoin itself, but prospective investors in the Company are encouraged to conduct their own research before investing and should be aware that they will have indirect exposure to the high-risk nature of cryptoassets, including their volatility, and could therefore sustain large or total losses of their investment.