Melrose Results Presentation Deck

Aerospace: overview Melrose £m Revenue EBITDA EBITDA margin % Operating profit Operating margin % 3 2 Buy Improve Sell Revenue by platform Adjusted ¹ results H1 2021 1,219 112 9.2% Balanced portfolio, well positioned for narrowbody recovery 41 3.4% 1 Defence (46%) 2 Civil: narrowbody (21%) 3 Civil: widebody (19%) 4 Civil: other (14%) Adjusted ¹ results FY 2020 2,804 163 5.8% 2 14 0.5% I ■ 3 Markets remain impacted by COVID-19 with sales down 33% ² on H1 2019 and 18% 2 on H1 2020 Modest sequential sales growth of 4% ² versus H2 2020 linked to initial recovery Encouraging earnings momentum with margins up +2.9ppts Significant restructuring ongoing, more benefits to come Revenue by product type ● 1 Airframes (53%) 2 Engines (33%) 3 Components (14%) Broad range of products, systems and advanced technologies 1. Described in the glossary to the 2021 Interim Financial Statements, released on 2 September 2021 2. Calculated at constant currency Revenue by source 2 ● 1 1 OE (91%) 2 Aftermarket (9%) Predominantly OE driven, with increasing opportunity in attractive aftermarket 23

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