Metcash performance rights lapse after conditions unmet

Metcash Limited (ASX:MTS) reported the cessation of 57,722 unquoted performance rights (ASX code: MTSAK) effective August 15, 2025. These rights lapsed because their associated conditions were not met or became incapable of being satisfied. The cessation was noted as a lapse of performance rights granted to a former executive as a long-term incentive, with no consideration paid by the entity for the cessation.

Following this change, the total number of unquoted performance rights on issue for Metcash Limited has been adjusted to 8,112,637. The company's total quoted ordinary fully paid shares (ASX code: MTS) remain at 1,098,989,156.