Melrose Results Presentation Deck

Sustainability Refocusing as Aerospace 'pureplay' I Melrose ■ ■ Improved scores with the ESG rating agencies - MSCI 'A' and Sustainalytics management score New targets to be set to be published in March 2024 in alignment with UN SDG Evolution of TCFD report, expanded Scope 3 reporting, submitting SBTi targets for validation in H2 Focus on improvement in operational emissions, waste, water and diversity & inclusion - progress made Increased R&D on products which contribute to the decarbonisation of the sector Thermoplastics technology Additive manufacturing GKN Aerospace selected in 2 EU Projects Safran-led 'OFELIA' programme to demonstrate open fan engine concept MTU-led 'SWITCH' hybrid electric and water-enhanced engine concept GKN Aerospace additive manufacturing capabilities are key enablers for both Target applications: ■ Next gen commercial engines in 2030s 1. EVTOL Electric Vertical Take-Off and Landing ■ Multi-year contract covering design and build of flight control surfaces for Joby ■ Advanced thermoplastic composites enable significant weight reduction and have a high recyclability ▪ Design and build for initial production at our all-new GTC in the Netherlands Target applications: Wings and empennage for EVTOL¹ market ■ Hydrogen propulsion Successful demonstration of a ground- based liquid hydrogen fuel cell system for the first time during H1 (H2GEAR) New £40 million multi-partner fuel system programme 'HyFIVE' to be launched in H2 2023, benefiting from further ATI funding Embraer MoU signed to explore validation of these capabilities in flight Target applications: Regional (~100 person) flights in 2030s 24

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