Group and Segment Highlights Deck

Outlook Well positioned for 2023 25| 1. Recovery in 2. 3. 4. 5. Commercial Aerospace Productivity TransCore Portfolio Management Strong Orderbook of aviation • Ride recovery . • Opex/ Revenue ratio improved industry PTF GPM at programme level turned +ve in 4Q22 to 11.7% Smooth Transition Cashflow +ve in 2022 Good contract win momentum Expected to be earnings . accretive from 2nd year Sharpened focus Divested U.S. Marine . Closed AV bus unit Robust order book ($23b @ end Dec 22) ST Engineering

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