Melrose Results Presentation Deck

Highlights Melrose Continuing operations Revenue Operating profit/(loss) Profit/(loss) before tax Diluted earnings per share Net debt¹ Leverage ¹ Dividend Group ■ I ■ Adjusted¹ results 2022 £m 8,191 480 384 7.0p 1. Buy Improve 2. Sell 3. 1,139 1.4x 2.325p 2021² £m 7,263 317 194 3.1p 950 1.3x 1.75p Statutory results 2022 £m 7,537 (236) (307) (5.4)p n/a n/a n/a 2021² £m 6,650 (493) (660) (10.3)p n/a Described in the glossary to the Preliminary Announcement and considered by the Board to be a key measure of performance Restated following the disposal of Ergotron Comprises the Automotive, Powder Metallurgy and Hydrogen businesses n/a Melrose traded ahead of expectations in 2022 on sales growth, profit and cash generation The Group recorded an adjusted¹ earnings per share of 7.0 pence (2021: 3.1 pence), 126% higher than last year. The statutory loss per share was 5.4 pence (2021: 10.3 pence) n/a Cash generation exceeded expectations, with a particularly strong second half performance, and therefore Group net debt¹ of £1.14 billion was lower than expected The timetable for the demerger of the Dowlais Group 3 is on track, with completion expected on 20 April 2023, subject to shareholder approval on 30 March 2023. Documents are expected to be published for this tomorrow Melrose will hold an Investor Event for Aerospace on Wednesday 17 May in London A second interim dividend of 1.5 pence (50% increase on last year's final dividend) will be paid on 18 April just prior to the proposed demerger. This will replace the final dividend which would normally be approved at the 2023 AGM. The total full year dividend for 2022 is 2.325 pence (33% increase on last year) 13

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