Melrose Investor Presentation Deck

(N) N> GKN AEROSPACE GTF implications Melrose impact GKN has 4% share on PW1100G Based on RTX guidance potential cash cost to Melrose is c.£200 million, but it should not be assumed these are all programme costs GKN has conservative assumptions on GTF performance given its early stage of lifecycle and positive cash contribution never expected before 2027 Therefore, no change needed to Melrose profit or balance sheet guidance Market consequences MRO shop capacity and spare parts challenges Legacy engines fly longer with potentially additional 'life extending' shop visits Increase demand for aftermarket services and parts on legacy engines Industry-wide pricing increases likely for aftermarket given supply and demand issues 28 No change to profit or balance sheet guidance required due to conservative accounting policies This unchanged guidance excludes any potentially positive impacts from the likely market consequences described above

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