1-Z LIVE 0001955692 XXXXXXXX N true Masterworks 203, LLC 1 World Trade Center 57th Floor New York NY 10007 203-518-5172 024-12105 Class A Ordinary Shares 024-12105 0 0001955692 Masterworks 203, LLC Masterworks 203, LLC /s/ Josh Goldstein 06-29-2026 General Counsel, Secretary and Member of the Board of Managers