Melrose Results Presentation Deck

Engines: increasing RRSP contribution ■ ■ H OEM decision to invest I Melrose Programme launch Technology development 7 years Portfolio value Portfolio of RRSPs hitting aftermarket 'sweet spot' RRSPs provide GKN Aerospace entitlement to aftermarket profits Light investment 1. 2. | CFMI RISE1 I P&W GTF Next Gen¹ Product development 7 years Entry into service Heavy investment GKN Aerospace has an exceptional RRSP portfolio Diverse mix of contracts with all major OEMs Engines are maturing and majority are de-risked Highly accretive to margins in the years to come Long-term predictable cash flows for decades to come RRSP lifecycle OE production 15 years Turns cash positive P&W GTF 24/30k Production ends I Aftermarket services years High profit and cash Future potential RRSPs Remaining two RRSPS reach cash generation phase in next five years (P&W GTF 24/30k) RRSP market growth CFM56, V2500, GEnx, Trent XWB, 13 other engines H1 2023 update Cash positive engines driving strong performance CFM56- continues to perform well, with utilisation 4% ahead of early 2019 V2500 - some disruption due to fire at a supplier site, but performance strong GEnx, Trent XWB - benefitting from widebody market recovery New engines to be cash positive in next 5 years P&W GTF - fundamentally strong with issues being addressed Next generation engines at technology demonstration phase Only tier 1 partner currently on both CFMI RISE¹ and P&W GTF Next Gen¹; well positioned due to longstanding relationships and technology capabilities 17 of 19 RRSPs already in cash generation phase² 18

View entire presentation