Metair warns Durban port disruptions threaten customer and supplier commitments

• Metair faces additional Durban port disruption costs for 2026 estimated at 20%-25% of 2025 EBITDA before exceptional items.
• The costs cannot be recovered from customers; expensive airfreight has been used since August 2026 to mitigate supply disruptions.
• Delayed deliveries forced significant overtime to meet customer commitments and contributed to a temporary stoppage at one customer production line.
• Durban terminal system disruptions, equipment failures and limited crane availability have delayed container handling by nearly 20 days at times.
• Subsidiary Unitrade 745’s production-critical electron-beam machine has been repaired following repeated breakdowns since August 2026; operations have stabilized in recent weeks.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Metair Investments Limited published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S606562), on November 13, 2026, and is solely responsible for the information contained therein.