Business
Notification of holdings - Correction
An amendment was made to a previous announcement regarding a notification of major holdings in Metlen Energy & Metals PLC. The details of the shareholder in Box 4 were updated, listing entities such as HWIC Value Opportunities Fund, Northbridge General Insurance Corporation, and others with their respective cities and countries of registered office. Additionally, the voting rights attached to shares in Box 8A were replaced; the number of indirect voting rights is 11,938,047, representing 9.252560% of indirect voting rights. All other details from the original announcement remain unchanged. Disclaimer*

About this update from Metlen Energy & Metals Plc
GENERAL TEXT AMENDMENT The following amendments have been made to the 'TR-1 Notification of Major Holdings' announcement released on 08/08/2025 at 11:57 under RNS No 6376U. 1. The 'Details of the shareholder' in Box 4 has been replaced with the following: Name City of registered office Country of registered office HWIC Value Opportunities Fund Dublin Ireland Northbridge General Insurance Corporation Toronto Canada Zenith Insurance Company (US) California USA Eurolife FFH General Insurance Single Member S.A. Athens Greece Eurolife FFH Life Insurance Single Member S.A. Athens Greece Odyssey Reinsurance (Barbados) Ltd. Saint Michael Barbados Odyssey Reinsurance Company Connecticut USA Newline Europe Versicherung AG Köln Germany Trustees of Newline Syndicate 1218 London United Kingdom Hudson Excess Insurance Company Delaware USA Hudson Insurance Company Delaware USA United States Fire Insurance Company Delaware USA The North River Insurance Company New Jersey USA Brit Reinsurance (Bermuda) Limited Hamilton Bermuda Newline Insurance Company Limited London United Kingdom 2. The 'Voting rights attached to shares' in Box 8A has been replaced with the following information: Class/Type of shares ISIN code(if possible) Number of direct voting rights (DTR5.1) Number of indirect voting rights (DTR5.2.1) % of direct voting rights (DTR5.1) % of indirect voting rights (DTR5.2.1) GB00BTQGS779 0 11938047 0.000000 9.252560 Sub Total 8.A 11938047 9.252560% All other details remain unchanged. The full amended announcement is shown below. TR-1: Standard form for notification of major holdings 1. Issuer Details ISIN GB00BTQGS779 Issuer Name METLEN ENERGY & METALS PLC UK or Non-UK Issuer UK 2. Reason for Notification An acquisition or disposal of voting rights 3. Details of person subject to the notification obligation Name Hamblin Watsa Investment Counsel Ltd. City of registered office (if applicable) Toronto Country of registered office (if applicable) Canada 4. Details of the shareholder Name City of registered office Country of registered office HWIC Value Opportunities Fund Dublin Ireland Northbridge General Insurance Corporation Toronto Canada Zenith Insurance Company (US) California USA Eurolife FFH General Insurance Single Member S.A. Athens Greece Eurolife FFH Life Insurance Single Member S.A. Athens Greece Odyssey Reinsurance (Barbados) Ltd. Saint Michael Barbados Odyssey Reinsurance Company Connecticut USA Newline Europe Versicherung AG Köln Germany Trustees of Newline Syndicate 1218 London United Kingdom Hudson Excess Insurance Company Delaware USA Hudson Insurance Company Delaware USA United States Fire Insurance Company Delaware USA The North River Insurance Company New Jersey USA Brit Reinsurance (Bermuda) Limited Hamilton Bermuda Newline Insurance Company Limited London United Kingdom 5. Date on which the threshold was crossed or reached 01-Aug-2025 6. Date on which Issuer notified 04-Aug-2025 7. Total positions of person(s) subject to the notification obligation % of voting rights attached to shares (total of 8.A) % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) Total of both in % (8.A + 8.B) Total number of voting rights held in issuer Resulting situation on the date on which threshold was crossed or reached 9.252560 0.000000 9.252560 11938047 Position of previous notification (if applicable) 8. Notified details of the resulting situation on the date on which the threshold was crossed or reached 8A. Voting rights attached to shares Class/Type of shares ISIN code(if possible) Number of direct voting rights (DTR5.1) Number of indirect voting rights (DTR5.2.1) % of direct voting rights (DTR5.1) % of indirect voting rights (DTR5.2.1) GB00BTQGS779 0 11938047 0.000000 9.252560 Sub Total 8.A 11938047 9.252560% 8B1. Financial Instruments according to (DTR5.3.1R.(1) (a)) Type of financial instrument Expiration date Exercise/conversion period Number of voting rights that may be acquired if the instrument is exercised/converted % of voting rights Sub Total 8.B1 8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b)) Type of financial instrument Expiration date Exercise/conversion period Physical or cash settlement Number of voting rights % of voting rights Sub Total 8.B2 9. Information in relation to the person subject to the notification obligation 2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary) Ultimate controlling person Name of controlled undertaking % of voting rights if it equals or is higher than the notifiable threshold % of voting rights through financial instruments if it equals or is higher than the notifiable threshold Total of both if it equals or is higher than the notifiable threshold Fairfax Financial Holdings Limited Hamblin Watsa Investment Counsel Ltd. 9.252560 0.000000 9.252560% 10. In case of proxy voting Name of the proxy holder The number and % of voting rights held The date until which the voting rights will be held 11. Additional Information Hamblin Watsa Investment Counsel Ltd. (a wholly owned subsidiary of Fairfax Financial Holdings Limited) acts as the investment manager for each of the subsidiaries listed at section 4 above (the ''Shareholders'') and certain other subsidiaries of Fairfax Financial Holdings Limited. Pursuant to certain investment management agreements with the Shareholders, Hamblin Watsa Investment Counsel Ltd. has control and discretion over the voting rights attaching to the shares of Metlen Energy & Metals Plc owned by the Shareholders. The Shareholders are direct or indirect subsidiaries of Fairfax Financial Holdings Limited. 12. Date of Completion 26-Sep-2025 13. Place Of Completion United Kingdom
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