Melrose Investor Presentation Deck

Melrose business portfolio Strong market positions Growth underway Margins expanding Sustainable technology Melrose Buy Improve Sell IN ■ 1. ■ I ■ I ■ Aerospace Leading global tier one supplier on major civil and defence platforms Attractive engine portfolio with strong long-term cash flows Civil market recovery underway, led by narrowbody Increasing demand in attractive aftermarket and repair work All required restructuring projects now underway Adjusted¹ operating margin: 2020:0.5%→ 2021:4.4% Target 12% ² ● ● Improving existing fleet efficiency Developing next generation of greener aircraft I I I I I ■ #1 in Driveline with ICE, hybrid and EV technology leadership Supplies 90% of OEMs, 50% of global vehicles Automotive Underlying demand strong but constrained by supply chain Electrification providing increased growth Restructuring accelerated and nearing completion Adjusted¹ operating margin: 2020:2.2% -> 2021:4.6% Target >10% ● ● Leading EV drive system technology Significant investment into a range of eDrive capabilities Described in the glossary to the Preliminary Announcement and considered by the Board to be a key measure of performance 2. 10% margin target on a partial market recovery and 12% margin target on a recovery to pre-COVID-19 revenue Strictly Confidential ▪ #1 in supply of precision powder metal parts ▪ #2 in global powder metal production Powder Metallurgy ■ Sustainable share gains above market ▪ Momentum in higher value-add precision components Restructuring largely complete and improving business mix Adjusted¹ operating margin: 2021:9.3% ● ● 2020:4.3% Target 14% Supporting EV expansion Commercialising additive manufacturing Plus Ergotron, a leading manufacturer of ergonomic products for use in a variety of working, learning and healthcare environments and GKN Hydrogen, a pioneer of state-of-the-art metal hydride storage technology 2

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