Business
Notification of Major Holdings
Jamie Phillip Boyton, through BPM Investments Limited, has reported a change in his major holding in Capital Limited, with his total voting rights decreasing from 10.98% to 9.76% as of December 16, 2025. This change, representing 21,994,066 voting rights, is due to an event changing the breakdown of voting rights. BPM Investments Limited is wholly owned by Jamie Phillip Boyton. Disclaimer*
About this update from Capital Limited
TR-1: S tandard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii : Capital Limited 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 An acquisition or disposal of financial instruments An event changing the breakdown of voting rights X Other (please specify) iii : 3. Details of person subject to the notification obligation iv Name Jamie Phillip Boyton City and country of registered office (if applicable) n/a 4. Full name of shareholder(s) (if different from 3.) v Name 1. Jamie Phillip Boyton 2. BPM Investments Limited City and country of registered office (if applicable) 1. n/a 2. Repulse Bay, Hong Kong 5. Date on which the threshold was crossed or reached vi : 16/12/2025 6. Date on which issuer notified (DD/MM/YYYY): 18/12/2025 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) vii Resulting situation on the date on which threshold was crossed or reached 9.76% 9.76% 21,994,066 Position of previous notification (if applicable) 10.98% 10.98% 8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii A: Voting rights attached to shares Class/type of shares ISIN code (if possible) Number of voting rights ix % of voting rights Direct (DTR5.1) Indirect (DTR5.2.1) Direct (DTR5.1) Indirect (DTR5.2.1) Common shares ISIN: BMG022411000 20,994,066 1,000,000 9.32% 0.44% SUBTOTAL 8. A 21,994,066 9.76% B 1: Financial Instruments according to DTR5.3.1R (1) (a) Type of financial instrument Expiration date x Exercise/ Conversion Period xi 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 Expiration date x Exercise/ Conversion Period xi Physical or cash Settlement xii 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 xiii Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) xiv X Name xv % 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 Jamie Phillip Boyton Under the notifiable threshold Under the notifiable threshold BPM Investments Limited Under the notifiable threshold Under 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 xvi BPM Investments Limited is 100% owned by Jamie Phillip Boyton Place of completion Hong Kong Date of completion 18/12/2025