Melrose Results Presentation Deck

Business results: improved performance Melrose Adjusted¹ results Continuing operations £m Aerospace Automotive Powder Metallurgy Other Industrial Central Total ■ I ■ ■ Revenue Buy Improve Sell 1,219 1,965 535 109 3,828 Operating profit/(loss) 41 121 60 27 (26) 223 Operating margin 3.4% 6.2% 11.2% 24.8% 5.8% H1 2020 Revenue 1,580 1,541 396 107 3,624 H1 2020 Operating profit/(loss) 54 (64) (3) 1. Described in the glossary to the 2021 Interim Financial Statements, released on 2 September 2021 2. Calculated at constant currency 22 (20) (11) H1 2020 Operating margin 3.4% (4.2%) (0.8%) 20.6% Adjusted¹ revenue up 12% 2 on H1 2020 Group adjusted¹ operating margin increases from (0.3%) to 5.8% highlighting continuing cost savings Aerospace revenue down 18% 2 due to ongoing COVID-19 impact; profitability retained Automotive and Powder Metallurgy good recovery tapered by supply shortages of semi-conductors; margins up strongly Further operational improvements and restructuring benefits to come through in H2 2021 (0.3%) 21

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