Melrose Results Presentation Deck

Reconciliation between statutory and adjusted¹ results Melrose Continuing operations £m Statutory operating loss Amortisation of intangible assets acquired in business combinations Restructuring costs Exchange movements not hedge accounted Net release of fair value items Other Adjustments to statutory operating loss Adjusted¹ operating profit Continuing operations Statutory revenue Share of equity accounted investments Adjusted¹ revenue Statutory results The IFRS measure of results includes certain items which are significant in size or volatility or by nature are non-trading or non-recurring, or are items released to the Income Statement that were previously a fair value item booked on an acquisition I Adjusted¹ results The Melrose Board considers the adjusted results to be an important measure to monitor how the businesses are performing because they achieve consistency and comparability when all businesses are held for the complete reporting periods ■ Buy Improve Sell 1. Restructuring costs £m Aerospace Automotive Powder Metallurgy Other Industrial Corporate Total Described in the glossary to the Preliminary Announcement and considered by the Board to be a key measure of performance Total (451) 452 269 114 (49) 40 826 375 Income Statement charge 92 147 18 12 269 Cash spent in 2021 193 7 200 £m 6,883 613 7,496 Cash spent in period 80 89 20 4 193 18

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