Melrose Results Presentation Deck

Some helpful data for 2019 Melrose Buy Improve Sell Continuing operations Item Operating profit Positive impact of loss-making contracts included above Central costs Adjusted free cash flow ¹ Finance costs²: - Bank and loan related - Amortisation of debt arrangement costs - Pension interest - Other Tax Depreciation Capital expenditure Pension payments - ongoing contributions (global) Pension payments - special contributions Restructuring costs Annual dividend Non-controlling interest Number of shares in issue 1. 2. 3. Income Statement 2019 adjusted¹ results £1,102 million (£81 million) £52 million (includes a GKN LTIP charge of £20 million) N/A (£143 million) (£11 million) (£31 million) (£28 million) 21.4% (of adjusted¹ profit before tax) (£498 million) ³ N/A N/A N/A (£238 million) 5.1 pence per share £6 million 4,858 million (average number of shares) Cash Flow 2019 adjusted¹ results £1,102 million N/A (£32 million) £591 million (£178 million)² (£117 million) (13% of adjusted¹ profit before tax) £498 million ³ (£495 million) (£102 million) 4 (£65 million UK, £37 million overseas) (£111 million) in 20195 (£56 million) in 2018 (£190 million) (£231 million) N/A N/A Described in the glossary to the 2019 Preliminary Announcement, released on 5 March 2020 IFRS 16 was effective from 1 January 2019, it increased the finance cost by £21 million (with a partially balancing uplift to operating profit) £426 million of depreciation of owned property, plant and equipment and amortisation of owned computer software and depreciation of £72 million of leased assets as described in the glossary to the 2019 Preliminary announcement released on 5 March 2020 4. Including the contribution paid on 6 January 2020 5. Includes £94 million of one-off payments, being the balance of the £150 million upfront commitment, and £17 million contribution following the disposal of Walterscheid Powertrain Group 32

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