Results of Special Meeting of Shareholders

Meeting Results Announcement


26 August 2025

Results of Metro Performance Glass Limited Special Meeting of Shareholders

At
Metro Performance Glass Limited’s special meeting, held today, shareholders were asked to vote on
3 resolutions, which were supported by the Board.

As required by NZX Listing Rule 6.1, all voting was conducted by a poll.

The resolutions passed by shareholders were:

• That, subject to Ordinary Resolutions 2 and 3 being passed, the issuance of up to 501,655,800
Shares to Amari Metals Australia Pty Ltd for $0.03 per Share pursuant to the Proposed
Recapitalisation where such issue will cause Amari to become the holder and controller of more
than 20% of the voting rights in Metro, as described in the Notice of Meeting dated 11 August
2025, be approved under Rule 7(d) of the Takeovers Code.
• That, subject to Ordinary Resolutions 1 and 3 being passed, the issuance of up to 798,260,738
Shares to subscribers under the Proposed Recapitalisation for $0.03 per Share, as described in
the Notice of Meeting dated 11 August 2025, be approved for all purposes, including under NZX
Listing Rule 4.2.1.
• That, subject to Ordinary Resolutions 1 and 2 being passed, the issuance of up to 33,333,333
Shares to Simon Bennett and 6,666,667 Shares to Pramod Khatri under the Proposed
Recapitalisation for $0.03 per Share, as described in the Notice of Meeting dated 11 August
2025, be approved for all purposes, including under NZX Listing Rule 5.2.1.


Details of the total number of votes cast in person or by a proxy holder are:
Resolution For Against Abstain
That, subject to Ordinary Resolutions 2
and 3 being passed, the issuance of up to
501,655,800 Shares to Amari Metals
Australia Pty Ltd for $0.03 per Share
pursuant to the Proposed Recapitalisation
where such issue will cause Amari to
become the holder and controller of more
than 20% of the voting rights in Metro, as
described in the Notice of Meeting dated
11 August 2025, be approved under Rule
7(d) of the Takeovers Code.
88,980,742
94.93%
4,754.647
5.07%
368,926
That, subject to Ordinary Resolutions 1
and 3 being passed, the issuance of up to
798,260,738 Shares to subscribers under
the Proposed Recapitalisation for $0.03
per Share, as described in the Notice of
Meeting dated 11 August 2025, be
approved for all purposes, including under
NZX Listing Rule 4.2.1.
89,312,200
96.46%
3,281,592
3.54%
1,510,523
That, subject to Ordinary Resolutions 1
and 2 being passed, the issuance of up to
88,550,426
95.62%
4,060,139
4.38%
1,493,750

33,333,333 Shares to Simon Bennett and
6,666,667 Shares to Pramod Khatri under
the Proposed Recapitalisation for $0.03
per Share, as described in the Notice of
Meeting dated 11 August 2025, be
approved for all purposes, including under
NZX Listing Rule 5.2.1.


For further information please contact:
Simon Bennett
Executive Director
(+64) 021 036 8387