Melrose Results Presentation Deck

One Aerospace - Business refocussed to better serve customers I I H Previously Multiple customer contacts ■ Fragmented portfolio Melrose Local sourcing decisions Scattered footprint Local focus Buy Improve Sell Global account management Focus on differentiating processes and technologies Global commodity based sourcing Rationalisation and investment Global standards and business processes Future One face to customer Focussed on core Full supply chain leverage Coherent landscape Performance centres ● ● ● ● Progress to date Market-aligned business lines with one single customer facing team for each customer established Organisational structure in place for top 3 layers of the organisation (c.400 people) Sites transitioning to become the operational performance centres, clustered in regions and focussed on people, safety, quality and delivery Global shared services and enabling functions in the process of being established ● ● ● Impacts Commercial excellence Pricing discipline Targeted strategies Direct and indirect procurement cost savings Site rationalisation Reduced SG & A costs Improved efficiency c. 1,000 headcount reduction 15

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