Metrics Master Income Trust Announces Unaudited NTA of $2.0016 Per Unit as of 30 June 2026

Unaudited NTA of $2.0016 Per Unit Reported for 30 June 2026

The Metrics Master Income Trust has disclosed an unaudited Net Tangible Asset value of $2.0016 per unit as at 30 June 2026. This information was filed on 2 July 2026 by The Trust Company (RE Services) Limited, acting as the trust’s Responsible Entity. All amounts are expressed in Australian dollars unless otherwise noted.

It should be noted that the NTA figure is unaudited. The trust clarifies that for reporting, Net Asset Value (NAV) and Net Tangible Assets (NTA) are considered equivalent. Investors are reminded that unaudited figures may be revised and that past performance is not a guarantee of future results.

Daily NTA Reporting Process for Metrics Master Income Trust

Metrics Master Income Trust provides daily NTA estimates, aligning with ASX transparency requirements for listed investment trusts. These daily figures enable current and prospective unitholders to track the trust’s underlying asset value in near real-time, helping assess whether MXT units trade at a premium or discount to net asset value.

The Responsible Entity, The Trust Company (RE Services) Limited, holds an Australian Financial Services Licence (AFSL: 235150) and operates under ABN 45 003 278 831. The update was submitted to the Manager of the Company Announcement Office at the Australian Securities Exchange Limited, Level 6, Exchange Centre, 20 Bridge Street, Sydney NSW 2000, in compliance with ASX continuous disclosure rules for managed investment schemes.

Implications of the $2.0016 NTA for MXT Investors

The reported NTA per unit of $2.0016 as of 30 June 2026 offers unitholders a snapshot of the trust’s asset value at the financial year-end. Income-focused investors commonly compare the unit price to the NTA to determine if MXT units trade at a premium or discount, as such trusts can fluctuate daily.

The immediate impact on share price following this NTA release was not publicly disclosed. Investors should compare the $2.0016 NTA figure with the prevailing market unit price at or after the announcement to evaluate market pricing. No commentary on premium or discount status was included in this update.

Investment Objective and Target Return Strategy of Metrics Master Income Trust

The trust’s stated investment objective is to generate monthly cash income, maintain a low risk of capital loss, and achieve portfolio Diversification. This is accomplished through active management of diversified loan portfolios within Australia’s bank-led corporate lending market. The Manager employs active strategies aimed at balancing the Target Return while preserving investor capital.

The specific Target Return was not disclosed in this update. Investors seeking current target return information or updates should consult the trust’s product disclosure statement, investor presentations, or official communications available at www.metrics.com.au. MXT is positioned for Yield-oriented investors who prefer lower Volatility compared to Equity markets.

Role of Metrics Credit Partners as Investment Manager

Metrics Credit Partners manages the Metrics Master Income Trust, implementing the active loan Portfolio Management strategy focused on Australia’s corporate lending market. The trust’s approach targets the private credit and corporate loan sector, traditionally dominated by major Australian banks, and offers access to this market via the MXT listed structure.

Further details on investment strategy and portfolio composition can be found at Metrics Credit Partners’ website, www.metrics.com.au. This update did not include management commentary on portfolio positioning, market conditions, or forward-looking guidance.

Perpetual’s Trusteeship Through The Trust Company (RE Services) Limited

The Trust Company (RE Services) Limited, part of the Perpetual group, issued this update. Perpetual operates across funds management, financial advisory, and Trustee services. Its role provides the regulatory and operational framework for the Metrics Master Income Trust as a listed managed investment scheme.

As Responsible Entity, The Trust Company (RE Services) Limited holds Fiduciary duties to MXT unitholders, including timely and accurate regulatory disclosures such as daily NTA estimates. Additional information on Perpetual’s trustee services is available at www.perpetual.com.au.

MXT’s Position in Australia’s Private Credit and Corporate Loan Market

Metrics Master Income Trust is among the increasing number of listed vehicles offering retail and institutional investors exposure to Australia’s private credit market. The corporate loan segment, historically dominated by major banks, now includes non-bank and alternative lenders providing corporate financing. MXT’s listed structure enables ASX investors to access this market through a regulated and transparent vehicle.

The trust emphasizes portfolio diversification across multiple corporate loans to support its low capital loss risk objective. This update did not disclose specifics on portfolio composition, loan book size, sector allocations, or borrower exposures. Interested parties should consult recent investor reports or fund fact sheets for detailed portfolio information.

Significance of the 30 June 2026 NTA Release at Financial Year-End

The 30 June 2026 value date coincides with the end of the Australian financial year, making this NTA release particularly relevant for investors and advisers conducting portfolio valuations for tax and reporting purposes. The 30 June NTA per unit is commonly used as a reference in year-end assessments and tax reporting for managed investment trust unitholders.

Fund managers, financial advisers, and self-managed Superannuation trustees holding MXT units may utilize the $2.0016 NTA per unit figure in their year-end valuations. The update was lodged on the next Business day, 2 July 2026, consistent with the trust’s practice of promptly releasing NTA data following the relevant value date.

Key Considerations for MXT Investors Post-NTA Update

Following this daily NTA release, MXT investors are likely to watch for subsequent daily NTA updates to monitor changes in asset value, as well as monthly income distribution announcements central to the trust’s investment objective. Any adjustments to the trust’s Target Return or portfolio strategy communicated through formal updates will also be important.

Market factors such as Reserve Bank of Australia Interest Rate changes, corporate borrower default rates, and bank lending trends may impact the trust’s portfolio performance and NTA over time. This update did not provide forward-looking guidance or market commentary. The next significant events for MXT investors will likely be upcoming distribution announcements and related NTA disclosures reflecting portfolio developments in the new financial year.