Melrose Results Presentation Deck

Divisional results Adjusted¹ results H1 2023 £m Engines Structures. Aerospace Aerospace Engines Structures Melrose 1. 2. I I ■ I I H1 2023 Revenue 608 1,025 1,633 H1 2023 Operating profit 149 26 175 H1 2023 Operating margin 24.5% 2.5% 10.7% H1 2022 Revenue 484 880 1,364 H1 2022 Operating profit/(loss) 77 (10) 67 H1 2022 Operating margin 15.9% (1.1)% 4.9% Sales growth of 19% 2, largely from civil OEM engines aftermarket and ramp-up 146% increase in operating profit, margins more than doubled to 10.7% Strong margin progression in both divisions Sales growth of 18% ² as customer deliveries ramp-up; returned to profit versus H1 2022 Good progress with operational improvements, restructuring and new Defence pricing Growth vs H1 2022 Operating profit 82% Described in the glossary to the 2023 Interim Financial Statements and considered by the Board to be a key measure of performance At constant currency and excluding businesses being exited n/a Sales growth of 19% despite supply chain challenges constraining sales; 82% increase in operating profit Continued RRSP growth, specific growth initiatives and business improvements reading through 146% Operating margin 8.6ppts 3.6ppts 5.8 ppts 16

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