Melrose Results Presentation Deck

Melrose business portfolio Strong market positions Growth underway Melrose Margins expanding Sustainable technology Buy Improve Sell 1. 2. ▪ Leading global tier one supplier on major civil and defence platforms ▪ Attractive engine portfolio with strong long-term cash flows ■ ▪ Increasing demand in attractive aftermarket and repair work I Aerospace ■ Civil market recovery underway, led by narrowbody 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% Target >10% 2021:4.6% ● ● - 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 performance 10% margin target on a partial market recovery and 12% margin target on a recovery to pre-COVID-19 revenue #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: 2020:4.3% 2021:9.3% 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 21

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