SPH Notice - Masfen Securities Limited (‘MSL’)

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Disclosure of movement of 1% or more in substantial holding
or change in nature of relevant interest, or both
Sections 277 and 278, Financial Markets Conduct Act 2013
To NZX Limited
and
To Metro Performance Glass Limited (NZX:MPG)
Relevant event being disclosed: Movement of 1% or more in substantial holding and
change in nature of relevant interest
Date of relevant event: 19 September 2025
Date this disclosure made: 22 September 2025
Date last disclosure made: 25 September 2024
Substantial product holders giving disclosure
Full name: Masfen Securities Limited (‘MSL’), together with
Peter Masfen, Anatole Masfen and Raphael Yan
(and/or interests associated with them)
Summary of substantial holding
Class of quoted voting products: Ordinary shares in Metro Performance Glass Limited
(‘MPG’)

Summary for The Opito Trust (beneficial owner of the ordinary shares in MPG, whose
legal owner is MSL)
For this disclosure,—
(a) total number held in class: 83,213,113
(b) total in class: 983,638,824
(c) total percentage held in class: 8.460%
For last disclosure,—
(a) total number held in class: 20,778,778
(b) total in class: 185,378,086
(c) total percentage held in class: 11.209%

Summary for The Masfen Foundation (beneficial owner of the ordinary shares in MPG,
whose legal owner is MSL)

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For this disclosure,—
(a) total number held in class: 3,677,551
(b) total in class: 983,638,824
(c) total percentage held in class: 0.374%
For last disclosure,—
(a) total number held in class: 3,677,551
(b) total in class: 185,378,086
(c) total percentage held in class: 1.984%

Summary for The Eugenie Masfen Yan Trust (beneficial owner of the ordinary shares in
MPG, whose legal owner is MSL)
For this disclosure,—
(a) total number held in class: 3,359,613
(b) total in class: 983,638,824
(c) total percentage held in class: 0.342%
For last disclosure,—
(a) total number held in class: 945,600
(b) total in class: 185,378,086
(c) total percentage held in class: 0.510%

Summary for Apollo Holdings Limited (registered holder and beneficial owner)
For this disclosure,—
(a) total number held in class: 536,000
(b) total in class: 983,638,824
(c) total percentage held in class: 0.054%
For last disclosure,—
(a) total number held in class: 110,000
(b) total in class: 185,378,086

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(c) total percentage held in class: 0.059%

Summary for Anatole Guy Hanbury Masfen (beneficial owner, whose legal owner is
Custodial Services Limited)
For this disclosure,—
(a) total number held in class: 978,821
(b) total in class: 983,638,824
(c) total percentage held in class: 0.100%
For last disclosure,—
(a) total number held in class: 275,500
(b) total in class: 185,378,086
(c) total percentage held in class: 0.147%

Summary for Raphael William Wai-ming Yan (registered holder and beneficial owner)
For this disclosure,—
(a) total number held in class: 1,740,916
(b) total in class: 983,638,824
(c) total percentage held in class: 0.177%
For last disclosure,—
(a) total number held in class: 490,000
(b) total in class: 185,378,086
(c) total percentage held in class: 0.264%

Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure: Participation by various
entities in Metro's rights issue settled on 19 September 2025. Metro's issue of new shares
under the rights issue and top-up placement have seen the shareholding percentages
reduced.

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Details after relevant event
Details for MSL, together with Peter Masfen, Anatole Masfen and Raphael Yan (and/or
interests associated with them)
Nature of relevant interest: Registered or beneficial holder of ordinary shares in MPG
For that relevant interest,—
(a) number held in class: 93,506,014
(b) percentage held in class: 9.506%
(c) current registered holder: No change since previous disclosures
(d) registered holder once transfers are registered: Not applicable
Additional information
Address of substantial product holders: C/- Artemis Capital, Level 35, Vero Centre, 48
Shortland Street, Auckland
Contact details: Philip Talacek | 027 561 4849 | philip@artemiscapital.co.nz
Name of any other person believed to have given, or believed to be required to give, a
disclosure under the Financial Markets Conduct Act 2013 in relation to the financial
products to which this disclosure relates: Not applicable
Certification
I, Philip John Talacek, certify that, to the best of my knowledge and belief, the information
contained in this disclosure is correct and that I am duly authorised to make this disclosure
by all persons for whom it is made.