Melrose Results Presentation Deck

Highlights: trading ahead, upgraded outlook; buyback to start early ■ Melrose performing very well ■ Buyback to be started early £500 million in next 12 months and well placed to continue thereafter Decades of strong cash flow to come; comfortable leverage Disciplined approach to capital In addition, a progressive dividend policy is continued I Restructuring, repricing and reorganising of Aerospace on track and on plan ■ I ■ Melrose - GTF P&W part as they were very clear about -historical issue P&W are working on assessing this Will be a successful engine with great future Management - - Upgrading 2023 expectations - new guidance Promises being delivered and future very exciting Full quality of Aerospace being realised and value released Further underpins 2025 guidance - - Right time and team for change to a "pureplay" aerospace business Seamless transition Acknowledgement of the contribution of all those involved over 20 years Confidence in the tremendous future ahead for Melrose 01 5

View entire presentation