Melrose Industries : letter to shareholders relating to change of auditor

24 May 2024

Dear Shareholder

Statement of reasons relating to Deloitte LLP ceasing to act as auditors of Melrose Industries PLC

As approved by shareholders at the annual general meeting of Melrose Industries PLC (the "Company") held on 2 May 2024, the Company has appointed PricewaterhouseCoopers LLP as its new auditor following the resignation of Deloitte LLP.

As required by section 519 of the Companies Act 2006 (the "Act'), upon ceasing to hold office as the Company's auditor, Deloitte has provided a statement (the "Statement") to the Company confirming the reason for its resignation. The Company is required by the Act to send a copy of this statement to all of its shareholders.

A copy of Deloitte's Statement is provided over the page.

Yours faithfully

Warren Fernandez

Company Secretary

Melrose Industries PLC

11th Floor, The Colmore Building

20 Colmore Circus Queensway

Birmingham

West Midlands

B4 6AT

Tel [phone]

Company Registration Number: 09800044 Registered in England and Wales

Deloitte LLP

1 New Street Square

London EC4A 3HQ

Phone: [phone]

Fax: [phone]

www.deloitte.co.uk

14 May 2024

Melrose Industries Plc

11th Floor, The Colmore Building,

Colmore Circus Queensway,

Birmingham

B4 6AT

Dear Directors

Ceasing to act as auditors of Melrose Industries Plc - registered number 09800044

The directors proposed, and the members voted, to appoint another firm of auditors at the annual general meeting on 2nd May and we ceased to hold office as auditors at the conclusion of that meeting.

Our statement of reasons, together with circumstances which we believe should be brought to the attention of members and creditors, is attached.

Yours faithfully

Deloitte LLP

Deloitte LLP is a limited liability partnership registered in England and Wales with registered number OC303675 and its registered office at 1 New Street Square, London, EC4A 3HQ, United Kingdom.

Deloitte LLP is the United Kingdom affiliate of Deloitte NSE LLP, a member firm of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"). DTTL and each of its member firms are legally separate and independent entities. DTTL and Deloitte NSE LLP do not provide services to clients. Please see www.deloitte.com/about to learn more about our global network of member firms.

© 2024 Deloitte LLP. All rights reserved.

Deloitte LLP

1 New Street Square

London EC4A 3HQ

Phone: [phone]

Fax: [phone]

www.deloitte.co.uk

Statement of reasons relating to Deloitte LLP ceasing to act as auditors of Melrose Industries Plc

The directors proposed a resolution at the Annual General Meeting to appoint another firm and, accordingly, ceased to hold office at the conclusion of the Annual General Meeting held on 2nd May 2024.

The reason for our ceasing to hold office is due to expiry of maximum duration as statutory auditor of a public interest entity under section 494ZA of Companies Act 2006.

Unless you apply to the Court, this statement must be sent by you within 14 days to every person entitled under Section 423 of the Companies Act 2006 to be sent copies of the company's accounts. This is a requirement of Section 520(2) of that Act. Unless you inform us that you have applied to the court, we are required to file a copy of this statement at Companies House.

Deloitte LLP - Audit registration C009201919

14 May 2024

Deloitte LLP is a limited liability partnership registered in England and Wales with registered number OC303675 and its registered office at 1 New Street Square, London, EC4A 3HQ, United Kingdom.

Deloitte LLP is the United Kingdom affiliate of Deloitte NSE LLP, a member firm of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"). DTTL and each of its member firms are legally separate and independent entities. DTTL and Deloitte NSE LLP do not provide services to clients. Please see www.deloitte.com/about to learn more about our global network of member firms.

© 2024 Deloitte LLP. All rights reserved.