Metro Performance Glass Limited Share Consolidation

25/02/2026 08:31 NZDT, CORPACT

NZX: MPG | ASX: MPP

25 February 2026

Metro announces share consolidation

Metro announces a share consolidation of 1 share per 40 shares currently on issue.

The Board of Metro advises that it has resolved to implement a share consolidation to rationalise the number of ordinary shares on issue.

Every 40 Metro shares held at 5:00pm on 5th March 2026 will be consolidated into 1 share, with all fractional entitlements rounded up to the nearest whole number of shares.

As a result of the consolidation, the number of shares on issue in Metro will be reduced from 983,638,824 to approximately 24,590,971 shares. The intended timetable for the consolidation is as follows:

3rd March 2026 Last Date for trading pre-consolidation shares on the NZX and ASX Main Board with a trading halt from close of market on this date for two trading days (4th and 5th March 2026)

4th March 2026 Ex-date for the consolidation

5th March 2026 Record date for the consolidation

6th March 2026 Commencement of trading at market open in post-consolidation shares on a normal settlement basis on NZX and on a deferred settlement basis on ASX.

6th March 2026 ASX Final date for dispatch of holding statements from Metro’s share registrar notifying shareholders of their new shareholding.

9th March 2026 Commencement of trading at market open in post-consolidation shares on a normal settlement basis on ASX

12th March 2026 NZX Final date for dispatch of holding statements from Metro’s share registrar notifying shareholders of their new shareholding.

-ENDS-

For further information please contact:

Simon Bennett – Executive Director: 021 036 8387