My MAT composite score is 522.50 percentile. What does it mean if I score it below 44.06?

It means you are in the lowest 44% of the people who have appeared in this exam or you have performed better than 44 % of people who have appeared in the MAT exam.
For e.g if there were 100 people who have appeared in the exam you are in the lowest 44 people.
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