Melrose Investor Presentation Deck

<N> GKN AEROSPACE RRSPs: aftermarket mechanics Aftermarket flows Illustrative example of programme partners with 5% share GKN: OEM parts typically last life of engine; limited aftermarket work 5% share of programme aftermarket profit¹ GKN support and overhead Exceptional margin % Partner X: supplies OEM parts that need aftermarket replacement 5% share of programme aftermarket profit¹ In-house support and overhead L + + Strong margin % Supply of replacement parts Cost of goods sold GKN has less RRSP aftermarket revenue than equivalent share partners, but structurally higher margin (%) 1. Programme profit recognised in revenue as income from RRSP contract 20

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