Communications with Shareholders

Given that we often need to move quickly to secure the opportunities that we feel will be (and have been) critical to Melrose’s success, we rely on the in-depth understanding amongst our investors of our business model, in order to execute our strategy successfully.

Melrose provides a consistent and transparent flow of information and management insight to shareholders and to the wider investment community, taking an honest, transparent and open approach to investor relations and communications. We recognise that analysts require robust information in order to inform the information that they provide to investors, and investors benefit from disclosure in line with regulatory requirements, as well as enhanced disclosure on topics that are material to the Company, to inform their independent investment decisions. As a result, Melrose has attracted long-term support from key shareholders since it was founded in 2003.

In addition to our annual programme of key information publications and engagement activities, the Board and Melrose senior management team meet and communicate with shareholders on a frequent and proactive basis throughout the year. These efforts include investor roadshows at least twice a year, regular trading updates, open agenda meetings for key shareholders attended by the Chairman, where requested, and capital markets presentation events as appropriate in order to allow key shareholders, analysts and their representatives to directly access the Board and engage directly with the GKN Aerospace executive management team.

In 2022, the Board hosted a capital markets event for institutional investors and financial analysts, which included a presentation from the CEO of GKN Aerospace on key updates relating to the business’s recent performance, and in May 2023, a capital markets event was held to provide further information on Melrose's go forward strategy as a pure play Aerospace company.

The views of key analysts and shareholders are reported to the Board to ensure that all members of the Board develop an understanding of the views and any concerns of key shareholders. The Chairman and other Non-executive Directors are also available to meet institutional shareholders, where requested.

The Group Company Secretariat was also available to engage with and facilitate discussions with the responsible stewardship and sustainability representatives of key investors, including direct discussions with members of the Board. During 2022, these wider interactive engagement processes particularly focused on sustainability, including discussions with multiple sustainability benchmarking agencies in relation to topics including supply chain and water.