Board and Committee changes

30 October 2018

Meggitt PLC

Meggitt PLC Board and Committee changes

Meggitt today announces that Paul Heiden will retire from his position as Non-Executive Director, Senior Independent Director and Chairman of the Remuneration Committee on 25 April 2019, immediately prior to the AGM.

The Board has appointed Guy Hachey to the Board of Directors (and as a member of the Audit, Remuneration and Nominations Committees) with effect from 1 January 2019. Guy was President and Chief Operating Officer of Bombardier Aerospace from April 2008 to his retirement in 2014. Over a period of six years, Guy led the transformation of the entire product portfolio of Bombardier, overseeing product programme investments in excess of $8bn. Prior to that, Guy had significant operational roles at General Motors Corporation and latterly, Delphi Corporation. Guy, who is a citizen of both Canada and the US, earned his MBA at Concordia University and Bachelor degree at McGill University. He is currently a Non-Executive Director of Hexcel Corporation, a global leader in manufacturing advanced composite materials for the commercial aerospace, space and defense, and industrial markets.

On 25 April 2019, Guy Berruyer, who has been a Non-Executive Director since 2012, will become Senior Independent Director, and Alison Goligher, who has been a Non-Executive Director since 2014, will become Chairperson of the Remuneration Committee. Alison has gained relevant experience of current remuneration trends and practices as a member of the Remuneration Committee since 2014.

Sir Nigel Rudd said:

"Since his appointment in June 2010, Paul has brought extensive aerospace industry and financial experience to the Board and his independent advice and counsel during his time on the Board have been invaluable. Paul was appointed as Chairman of the Remuneration Committee in 2012 and subsequently led the Committee through a period of significant change in remuneration reporting requirements, and has been our Senior Independent Director since 2016. On behalf of the Board, I would like to extend our sincere thanks to Paul for the significant contribution he has made and to wish him all the best for the future.

Guy Hachey's appointment enables the Board to retain critical aerospace industry experience and also bolsters our North American skills base, where many of our customers, employees and businesses are located, and supports our existing strategic priorities on operational improvements and customer focus."

Enquiries:

Meggitt PLC +44(0)1202 597597

Marina Thomas, Group Company Secretary ([email protected])

Adrian Bunn, VP Strategy and Investor Relations ([email protected]).