Melrose Investor Day Presentation Deck

Melrose Further business improvement actions - net savings Buy Improve Sell Commercial £45m Incremental savings Portfolio actions Price/value alignment Supplier consolidation ■ ■ Restructuring £50m Incremental savings Footprint rationalisation Product Centres of Excellence Best cost country growth Plans well underway and on track 1 I I ■ Operational excellence £50m Incremental savings Reduced cost of poor quality Lean Operating Model Operational synergies Good contractual protection against inflation, initiatives to mitigate remaining exposure 18

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