TR-1: Standard notification of major holdings

About this update from Metlen Energy & Metals Plc

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 event changing the breakdown 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 Newline Insurance Company Limited London United Kingdom Brit Reinsurance (Bermuda) Limited Hamilton Bermuda The North River Insurance Company New Jersey USA United States Fire Insurance Company Delaware USA Hudson Insurance Company Delaware USA Hudson Excess Insurance Company Delaware USA Trustees of Newline Syndicate 1218 London United Kingdom Newline Europe Versicherung AG Köln Germany Odyssey Reinsurance Company Connecticut USA Odyssey Reinsurance (Barbados) Ltd. Saint Michael Barbados Eurolife FFH Life Insurance Single Member S.A. Athens Greece Eurolife FFH General Insurance Single Member S.A. Athens Greece Zenith Insurance Company (US) California USA Northbridge General Insurance Corporation Toronto Canada HWIC Value Opportunities Fund Dublin Ireland 5. Date on which the threshold was crossed or reached 29-Aug-2025 6. Date on which Issuer notified 02-Sep-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 8.346943 0.000000 8.346943 11938047 Position of previous notification (if applicable) 9.252560 0.000000 9.252560 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 8.346943 Sub Total 8.A 11938047 8.346943% 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. 8.346943 0.000000 8.346943% 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 02-Sep-2025 13. Place Of Completion United Kingdom

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