Melrose Results Presentation Deck

Melrose track record: managing successfully in a crisis Six key stats to show real progress: 1. Significant progress on reshaping GKN's cost base to reach current margin targets Melrose Buy Improve Sell Half way through Efficiency improvement needed to hit current margin targets +5% 15.3% 2020 2. Nortek Air Management achieving record growth and margins +16% 17.3% 2020 H2 Two thirds through +2%¹ revenue growth in H2 1. Excluding the Aerospace division +18% 17.3% Aerospace 10% 2020 Q4 Automotive 10% Powder Met. 14% Margins doubled since acquisition ■ Revenue growth Margin ■ +9%1¹ revenue growth in Q4 ■ 3. Excluding Aerospace, revenue momentum returning in the Group ■ ■ ■ ■ Further progress has been made to reshape the GKN cost base Cost savings made by 2021 amount to two thirds of the total required savings to hit current margin targets on partial market recoveries Nortek Air Management is showing its fastest growth seen in Melrose ownership Margins in second half of 17.3%, up from 8.6% on acquisition, and revenue growth of 16% Further improvement to come, end markets are buoyant Significantly improved revenue momentum shown in the second half H2 growth, excluding Aerospace, averaged 2% Q4 growth, excluding Aerospace, averaged 9% O) 6

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