Melrose Results Presentation Deck

GKN pension commitment delivered ahead of schedule Melrose 9. GKN UK pension schemes now in surplus Buy Improve Sell 1. 81% funded at acquisition 107%¹ funded so far Releases more free cash flow generated in the future Aerospace Excludes GKN UK Post Retirement Medical Scheme 107% funded so far Automotive GKN UK pension schemes¹ transformed into an accounting surplus of £179 million, 107% funded at 31 December 2021 compared to 81% at acquisition 108% funded so far Successful buy-out of part of the GKN UK 2016 Pension Plan, securing c.8,000 pensioner benefits and transferring £366 million of gross pension liabilities from the Group 16

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