Notice of regulatory approval of the sale of Northern Horizon Capital AS shares

Northern Horizon Capital AS, the management company of Baltic Horizon Fund, hereby notifies that on 27 October 2025, the Estonian Financial Supervision and Resolution Authority approved the sale of all 12,500 shares in Northern Horizon Capital AS from the current sole shareholder Northern Horizon A/S (registered in Denmark under register number 27599397) to Antanas Anskaitis, Antanas Danys and Tomas Milašauskas.