Metro Performance Glass Limited Share Consolidation

Corporate Action Notice
(Other than for a Distribution)

Page 1 of 3
Section 1: Issuer information (mandatory)
Name of issuer Metro Performance Glass Limited
Class of Financial
Product
Ordinary shares
NZX ticker code MPG
ISIN (If unknown, check
on NZX website)
NZMPGE0001S5
Name of Registry MUFG
Type of corporate
action
(Please mark with an X
in the relevant box/es)
Share Purchase
Plan/retail offer
Renounceable
Rights issue or
Accelerated Offer

Capital
reconstruction
X Non- Renounceable
Rights issue or
Accelerated Offer

Call Bonus issue
Placement
Record date 5 March 2026
Ex Date (one business
day before the Record
Date)
4 March 2026
Currency NZD
External approvals
required before offer
can proceed on an
unconditional basis?
No
Details of approvals
required
Not applicable
Section 5: Capital reconstruction
(delete full section if not applicable, or mark rows as N/A if not applicable)*
Nature of
capital
reconstruction
(Please mark
with an X in
applicable box)
Financial Product
Split
Financial Product
Consolidation
X
Other Amalgamation
Ratio (for
example 1 for
2)
New 1 Existing 40
Treatment of
fractions
**

Fractional entitlements to shares which arise as a result
of the consolidation will be rounded up to the nearest
whole number of shares.

2 of 3
Number of
Financial
Products to be
issued/
redeemed
Not applicable
Total number of
Financial
Products of the
Class after the
capital
reconstruction
(excluding
Treasury Stock)
24,590,971 (subject to rounding at the individual holder level)
Total number of
Financial
Products of the
Class held as
Treasury Stock
after the capital
reconstruction
No treasury stock
Per Financial
Product amount
(if cash
reconstruction)
Not applicable
Payment date
(if cash
reconstruction)
Not applicable
Allotment date 6 March 2026
Section 8: Lead Manager and Underwriter (mandatory)
Lead
Manager(s)
appointed
No
Name of Lead
Manager(s)
Not applicable
Fees,
commission or
other
consideration
payable to Lead
Manager(s) for
acting as lead
manager(s)
Not applicable

Underwritten No
Name of
Underwriter(s)
Not applicable
Extent of
underwriting
(i.e. amount or
proportion of
Not applicable

3 of 3
the offer that is
underwritten)
Fees,
commission or
other
consideration
payable to
Underwriter(s)
for acting as
underwriter(s)
Not applicable
Summary of
significant
events that
could lead to
the underwriting
being
terminated
Not applicable
Section 9: Authority for this announcement (mandatory)
Name of person
authorised to make this
announcement
Sarah Hipkiss
Contact person for this
announcement
Sarah Hipkiss
Contact phone number 0212885812
Contact email address Sarah.Hipkiss@metroglass.co.nz
Date of release through
MAP
25 February 2025

---

5 Lady Fisher Place
East Tamaki
Auckland, 2013

PO Box 58 144 Botany
Auckland, 2163
P 09 927 3000
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 5
th
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:

3
rd
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 (4
th

and 5
th
March 2026)
4
th
March 2026 Ex-date for the consolidation
5
th
March 2026 Record date for the consolidation
6
th
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.
6
th
March 2026 ASX Final date for dispatch of holding statements
from Metro’s share registrar notifying shareholders
of their new shareholding.
9
th
March 2026 Commencement of trading at market open in post-
consolidation shares on a normal settlement basis
on ASX
12
th
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

---

This appendix is available as an online form Appendix 3A.3
Notification of
+
Security consolidation or split
_________________________________________________________________________________
+ See chapter 19 for defined terms
1 December 2019 Page 1
+Rule 3.10.1, 3.20.4, 7.18-7.24A, 15.3, Appendix 7A section 7.
Appendix 3A.3
Notification of
+
security consolidation or split
Information or documents not available now must be given to ASX as soon as available. Information
and documents given to ASX become ASX’s property and may be made public.
Please note that two or more corporate actions on the same
+
security may not run with different record
dates if the timetables result in overlapping (but not identical) ex-periods. It is permissible to run
different corporate actions with the same record date except in the case of consolidations or splits
which cannot run at the same time as any other corporate action for that entity.
If you are an entity incorporated outside Australia, for
+
securities other than CDIs / depository interests,
please obtain and provide an International Securities Identification Number (ISIN) for the class(es) of
+
securities to be created during your corporate action. The ISIN(s) should be advised in the Further
Information section of this form. Further information on this requirement can be found in the Online
Forms section of ASX Online for companies.
*Denotes minimum information required for first lodgement of this form.
**Denotes information that must be provided on or before
+
business day 0 of the relevant Appendix 6A
or Appendix 7A timetable.
The balance of the information, where applicable, must be provided as soon as reasonably practicable
by the entity.
Part 1 – Entity and announcement details
Question
No.
Question Answer
1.1 *Name of entity Metro Performance Glass limited
1.2 *Registration type and number
One of ABN/ARSN/ARBN/ACN or other registration
type and number (if “other” please specify what type of
registration number has been provided).
ARBN
600486646
1.3 *ASX issuer code MPP
1.4 *The announcement is
Tick whichever is applicable.
New announcement
Update/amendment to previous
announcement
Cancellation of previous announcement
1.4a *Reason for update
Mandatory only if “Update” ticked in Q1.4 above. A
reason must be provided for an update.

1.4b *Date of previous announcement to this
update
Mandatory only if “Update” ticked in Q1.4 above.

1.4c *Reason for cancellation
Mandatory only if “Cancellation” ticked in Q1.4 above.

1.4d
*Date of previous announcement to this
cancellation
Mandatory only if “Cancellation” ticked in Q1.4 above.

This appendix is available as an online form Appendix 3A.3
Notification of
+
Security consolidation or split
_________________________________________________________________________________
+ See chapter 19 for defined terms
1 December 2019 Page 2
1.5 *Date of this announcement
The date of lodgement of the form by the entity via
ASX Online.
25 February 2026
1.6 *Applicable ASX
+
security code(s) and
description(s) for consolidation or split
Please confirm the entity’s
+
securities (quoted and
unquoted) which will be affected by the consolidation
or split. Please note Listing Rule 7.21 in respect of
+
convertible
+
securities, Listing Rules 7.22.1 and
7.22.2 in respect of options and Listing Rule 7.24 in
respect of partly paid
+
securities.
MPP: Ordinary Fully Paid Foreign Exempt
NZX

This appendix is available as an online form Appendix 3A.3
Notification of
+
Security consolidation or split
_________________________________________________________________________________
+ See chapter 19 for defined terms
1 December 2019 Page 3
Part 2 – Approvals
Question
No.
Question Answer
2.1 *Are any of the below approvals required
for the consolidation or split before
business day 0 of the timetable?
•
+
Security holder approval
• Court approval
• Lodgement of court order with
+
ASIC
• ACCC approval
• FIRB approval;
• Another approval/condition external to
the entity required to be given/met
before business day 0 of the timetable
for the consolidation or split.
If any of the above approvals apply to the
consolidation or split before business day 0 of the
timetable, please answer ‘yes’ and provide details at
Q2.2. If “no” go to Part 3.
The purpose of the question is to confirm that
relevant approvals are received prior to ASX
establishing an ex market in the
+
securities. If the
entity wishes to disclose approvals or conditions
which are to be resolved at a later date it should use
Part 6 “Further information”.
Not required

2.2 Approvals
Select appropriate approval from drop down box as applicable. More than one approval can be selected. This
question refers only to events which take place before business day 0 of the timetable. The purpose of the
question is to confirm that relevant approvals are received prior to ASX establishing an ex market in the
+
securities. The “Date for determination” is the date that you expect to know if the approval is given for example
the date of the
+
security holder meeting in the case of
+
security holder approval or the date of the court hearing in
the case of court approval. If the entity wishes to disclose approvals or conditions which are to be resolved at a
later date it should use Part 6 “Further information”.
*Approval/condition *Date for
determination
*Is the date
estimated or
actual?
**Approval
received/condition
met?
Only answer this
question when you
know the outcome of
the approval – please
advise on or before
+
business day 0 of the
relevant Appendix 6A or
Appendix 7A timetable.
Comments
+
Security holder
approval

Estimated OR
Actual
Yes
No

Court approval

Estimated OR
Actual
Yes
No

Lodgement of court
order with
+
ASIC

Estimated OR
Actual
Yes
No

ACCC approval

Estimated OR
Actual
Yes
No

This appendix is available as an online form Appendix 3A.3
Notification of
+
Security consolidation or split
_________________________________________________________________________________
+ See chapter 19 for defined terms
1 December 2019 Page 4
FIRB approval

Estimated OR
Actual
Yes
No

Other (please specify
in comment section)

Estimated OR
Actual
Yes
No

Amended 29/06/15

This appendix is available as an online form Appendix 3A.3
Notification of
+
Security consolidation or split
_________________________________________________________________________________

+ See chapter 19 for defined terms
1 December 2019 Page 5
Part 3 – Consolidation or split timetable and details
Question
No.
Question Answer
3.1 *
+
Record date
Per Appendix 7A, section 7 the +record date is
+
business day 3 in the timetable. This is three
+
business days after the effective date (Q3.2). This is
the last day for the entity to register transfers on a pre
consolidation or split basis and the date on which the
register is closed to determine the register for the
consolidation or split of
+
securities.
The
+
record date must be at least four
+
business days
from the current date. Please note that the
+
record
date and the date that trading in the post
consolidation or split +securities commences on a
deferred settlement basis (Q3.4) cannot be changed
(even to postpone it or cancel it) any later than 12
noon Sydney time on the previously advised last day
for trading in pre consolidation or split +securities
(Q3.3).
5
th
March 2026
3.2 Date of
+
security holder meeting
Same date as provided in Q2.2.
Not applicable
3.2a Effective date of consolidation or split
Per Appendix 7A, section 7 the effective date is
+business day 0 in the timetable and is 3 +business
days before the +record date. This date can be the
date of the security holder meeting to pass the
necessary resolution to approve the consolidation or
split, or a later date specified in the resolution.
2
nd
March 2026
3.3
*Last day for trading in pre consolidation or
split
+
securities
Per Appendix 7A, section 7 this is
+
business day 1 in
the timetable and the
+
business day after the effective
date. –

3
rd
March 2026
3.4 *Trading in the post consolidation or split
+
securities commences on a deferred
settlement basis.
If agreed by ASX, trading in the post consolidation or
split securities commences on a deferred settlement
basis on this day. If the entity’s +securities are
suspended from trading during this period there will
be no +deferred settlement trading however ASX still
captures this date.
Per Appendix 7A, section 7 this is +business day 2 in
the timetable and the second
+
business day after the
effective date.
Please note that the
+
record date and the date that
trading in the post consolidation or split +securities
commences on a deferred settlement basis cannot be
changed (even to postpone it or cancel it) any later
than 12 noon Sydney time on the previously advised
last day for trading in pre consolidation or split
+securities (Q3.3).
Ordinarily 4
th
March 2026 however MPP will
be in trading halt so will not apply


3.5
+
Record date
Same as Q3.1 above.
5
th
March 2026
3.6 First day for entity to update its register
and to send holding statements to
6
th
March 2026

This appendix is available as an online form Appendix 3A.3
Notification of
+
Security consolidation or split
_________________________________________________________________________________

+ See chapter 19 for defined terms
1 December 2019 Page 6
+
security holders reflecting the change in
the number of
+
securities they hold.
Per Appendix 7A, section 7 this is +business day 4 in
the timetable, and the +business day after the
+
record
date.
3.7 Last day for entity to update its register
and send holding statements to
+
security
holders reflecting the change in the
number of
+
securities they hold and to
notify ASX that this has occurred. (+Issue
Date)

Per Appendix 7A, section 7 this is the day that the
deferred settlement market ends. This is
+
business
day 8 in the timetable and five
+
business days after
the
+
record date.
Please note that the
+
issue date cannot be changed
(even to postpone it) any later than 12 noon Sydney
time on the previous
+
issue date advised.
6
th
March 2026
3.8 Trading starts on a normal T+2 basis
Per Appendix 7A, section 7 this is
+
business day 9 in
the timetable. This date is six
+
business days after the
+
record date and is the
+
business day after the
+
issue
date. .
9
th
March 2026
3.9 First settlement of trades conducted on a
deferred settlement basis and on a normal
T+2 basis
Per Appendix 7A, section 7 this is
+
business day 11 in
the timetable. This date is eight
+
business days after
the
+
record date and two
+
business days after T+2
trading starts.
11
th
March 2026
Amended 07/03/16, Amended 01/12/19

This appendix is available as an online form Appendix 3A.3
Notification of
+
Security consolidation or split
_________________________________________________________________________________

+ See chapter 19 for defined terms
1 December 2019 Page 7
Part 4 – Event type and details
Question
No.
Question Answer
4.1 *The event is
Please select one. If “consolidation” please answer
Q4.1a, if “split” please answer Q4.1b.

+
Security consolidation

+
Security split
4.1a *Consolidation ratio
Ratios may only be expressed as whole numbers.
Fractional ratios will need to be multiplied up to a
whole number (for example 1:1.5 should be expressed
as 2:3). Where you consolidate five
+
securities into
one
+
security, the answer above is 5.00 (pre-
consolidation)
+
securities will be consolidated into 1.00
(post-consolidation)
+
security. To consolidate three
+
securities into two
+
securities, the answer above is
3.00 (pre-consolidation)
+
securities will be consolidated
into 2.00 (post-consolidation)
+
securities.
ALL: Please note that the ratio (multiplier or divisor)
cannot be changed any later than 12 noon Sydney
time on the day before the previously advised date in
Q3.4.
the
+
securities will be consolidated on the
basis that
every
____40______ (pre-consolidation)
+
securities will be consolidated into
_______1___ (post-consolidation)
+
security
(/ies)

4.1b *Split ratio
Ratios may only be expressed as whole numbers.
Fractional ratios will need to be multiplied up to a
whole number (for example 1:1.5 should be expressed
as 2:3). Where you split each
+
security into five, the
answer above is every 1.00 (pre-split)
+
security will be
divided into 5.00 (post-split)
+
securities. To divide each
two
+
securities into three
+
securities the answer is 2.00
(pre-split)
+
securities will be divided into 3.00 (post-
split)
+
securities.
ALL: Please note that the ratio (multiplier or divisor)
cannot be changed any later than 12 noon Sydney
time on the day before the previously advised date in
Q3.4.
the
+
securities will be split on the basis that
every
__________ (pre-split)
+
securities will be
divided into
__________ (post-split)
+
securities.

4.2 *Scrip fraction rounding:
Please select the appropriate description regarding
how fractions will be handled. If you do not have a
rounding policy please choose “Fractions rounded
down to the nearest whole number or fractions
disregarded”.
Fractions rounded up to the next whole
number
Fractions rounded down to the nearest
whole number or fractions disregarded
Fractions sold and proceeds
distributed
Fractions of 0.5 and over rounded up
Fractions over 0.5 rounded up

This appendix is available as an online form Appendix 3A.3
Notification of
+
Security consolidation or split
_________________________________________________________________________________

+ See chapter 19 for defined terms
1 December 2019 Page 8
Part 5 –
+
Securities on issue before and after consolidation or split
A change to the terms or price of
+
convertible securities should be advised in Part 6 – “Further information”.
Question
No.
Question Answer
5.1 *
+
Securities on issue before and after the consolidation or split
Please confirm the number of the entity’s
+
securities on issue before and after the consolidation or split. Please
note Listing Rule 7.21 in respect of
+
convertible securities, Listing Rules 7.22.1, 7.22.2 in respect of options and
Listing Rule 7.24 in respect of partly paid
+
securities. If an estimate is provided please provide the actual
amounts as soon as reasonably practicable and no later than the
+
issue date.
ASX
+
security
code
ASX
+
security
description
Quoted/
unquoted
Number on issue
pre consolidation
or split
Number on issue
post
consolidation or
split
Estimate/
Actual
MPP
Ordinary Fully
Paid Foreign
Exempt NZX
Quoted 983,638,824 24590971
Estimated
5.2 *Exercise price of options
Please confirm the exercise price of options on issue before and after the consolidation or split. Please note
Listing Rule 7.21 in respect of
+
convertible securities, and Listing Rules 7.22.1, 7.22.2 in respect of options.
ASX
+
security
code
ASX
+
security
description
Quoted/
unquoted
Currency Exercise price
pre
consolidation or
split
Exercise price post
consolidation or split

5.3 *Partly paid
+
securities affected by the consolidation or split
Please confirm the effect of the consolidation or split on “paid to” and “unpaid” amounts for partly paid
+
securities
on issue before and after the consolidation or split. Please note Listing Rule 7.21 in respect of
+
convertible
securities and Listing Rule 7.24 in respect of partly paid
+
securities. If there is more than one
+
security please
include the additional
+
securities.
ASX
+
security
code
ASX
+
security
description
Quoted/
unquoted
Currency Paid up
amount pre
consolidatio
n or split
Paid up
amount post
consolidatio
n or split
Unpaid
amount pre
consolidatio
n or split
Unpaid
amount post
consolidation
or split

This appendix is available as an online form Appendix 3A.3
Notification of
+
Security consolidation or split
_________________________________________________________________________________

+ See chapter 19 for defined terms
1 December 2019 Page 9
Part 6 – Further Information
Question
No.
Question Answer
6.1 Further information relating to the
consolidation or split
Please provide any further information relating to this
event.


Introduced 22/09/14; amended 29/06/15; amended 07/03/16; amended 01/12/19