Vesting and New Awards under the Restricted Share Unit Plan (the “RSU Plan”) and Total Voting Rights

About this update from Amaroq Ltd.

Reykjavík, Feb. 13, 2026 (GLOBE NEWSWIRE) -- (" Amaroq " or the " Company ") Vesting and New Awards under the Restricted Share Unit Plan (the “RSU Plan”) and Total Voting Rights TORONTO, ONTARIO – 13 February 2026 – Amaroq Ltd. (AIM, TSX-V, NASDAQ Iceland: AMRQ, OTCQX: AMRQF), an independent mine development corporation focused on unlocking Greenland’s mineral potential, announces that on 12 February 2026 certain restricted share units vested and new awards were granted under the RSU Plan. Further details are set out below. Vesting of the RSUs Following the release made on 12 February 2025 regarding the granting of an award (the "Award") to directors and employees in line with the Company’s RSU plan, a total of 1,792,236 RSUs (representing 50% of the Award) have vested (the “RSU Shares”). This includes allocations to the PDMRs Eldur Olafsson (Director and CEO) and Joan Plant (Interim COO), bringing their total holdings to 17,055,825 and 551,007 shares, respectively. The remaining 50% of shares will vest on the second anniversary of the grant date. Recipients of the vested shares may sell a portion of such shares in the near term to cover applicable tax obligations arising on vesting. Application will be made for admission of the RSU Shares to trading on AIM. It is expected that admission will become effective and that dealings in the RSU Shares will commence on AIM at 8:00 a.m. on 17 February 2026. Following admission of the RSU Shares, the Company’s total issued share capital will consist of 465,441,058 common shares of no par value each, and each with voting rights. Given the Company does not hold any common shares in Treasury, this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in interest in, the share capital of the Company. DEALING NOTIFICATION FORM FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS Awards of the RSUs The Company also announces that on 12 February 2026, in accordance with the RSU Plan, it granted awards to certain directors and employees, details of which are set out below. In addition to the awards described above, 69,476 RSUs were also granted to personnel under the RSU Plan, all of which will vest on the first anniversary of the grant date. Full details of the RSU Plan are available on the Company’s website at https://www.amaroqminerals.com/about/corporate-governance/ . Enquiries: Amaroq Ltd. C/O          Ed Westropp, Head of BD and Corporate Affairs                          +44 (0)7385 755711 [email protected] Eddie Wyvill, Corporate Development                          +44 (0)7713 126727 [email protected] Panmure Liberum Limited (Nominated Adviser and Corporate Broker) Scott Mathieson Freddie Wooding +44 (0) 20 7886 2500 Canaccord Genuity Limited (Corporate Broker) James Asensio Harry Rees +44 (0) 20 7523 8000 Camarco (Financial PR) Billy Clegg Elfie Kent Fergus Young +44 (0) 20 3757 4980 Further Information: About Amaroq Amaroq’s principal business objective is the identification, acquisition, exploration and development of gold and strategic metal assets in Greenland. The Company’s flagship asset is the 100%-owned Nalunaq Gold Mine, currently in production and ramp up, and supported by a growing pipeline of high-grade satellite gold targets across South and West Greenland. Amaroq also acquired a 100% interest in the Black Angel zinc-lead-silver project in West Greenland, historically one of Greenland’s highest-grade base metal operations, where the Company is advancing studies to evaluate the potential for future redevelopment as part of its emerging West Greenland Hub strategy. Beyond gold and base metals, Amaroq controls a broad portfolio of strategic metal licences across South Greenland, including advanced exploration projects at Stendalen (copper-nickel sulphides) and within the Sava Belt, where the Company is exploring for copper, nickel, rare earth elements and other critical minerals. Amaroq is continued under the Business Corporations Act (Ontario) and wholly owns Nalunaq A/S, incorporated under the Greenland Companies Act Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Inside Information This announcement does not contain inside information.

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