Melrose Results Presentation Deck

Sustainability: overview Driving sustainable improvements in our businesses' financial, operational and environmental performance is at the heart of the Melrose "Buy, Improve, Sell" model Melrose I I I ■ Buy Improve Sell All of our businesses have a major opportunity and responsibility to decarbonise their industries - we are playing an exciting and important role in addressing climate change We deliver environmental improvements through setting Group sustainability targets and allocating capital accordingly Environmental targets are set for all our businesses aligned with their sectors - these extend beyond our ownership and management teams are accountable for their delivery Melrose is actively engaging with key stakeholders, including ESG rating agencies our investors rely on Inaugural standalone Melrose Sustainability Report will be published in April, which includes detailed plans and progress, plus case studies, TCFD disclosures and further information on our activities Initial environmental targets 1. 2. 3. ESG Ratings² Scope 1 and 2¹ Scope 3 MSCI Sustainalytics³ 20% reduction by 2025 40% reduction by 2030 Net zero earlier than 2050 Initial data gathering completed Assessment underway to prioritise 2020 BB 2021 : A "Above average" rating 2020 28.4 → 2021 : 53.6 ("average" to "strong") ESG management score in top quartile Most significant contribution is active participation in the decarbonisation of our sectors Scope 1 and 2 targets set in terms of energy intensity CO2e/£revenue ESG rating changes have included re-categorisation of Melrose to 'Industrial Conglomerate' ESG Risk Management Score 37

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