Chairman succession update

25 March 2020

Meggitt PLC

This announcement contains inside information. The person responsible for arranging the release of this announcement on behalf of Meggitt is Marina Thomas, Company Secretary.

Chairman succession update

Meggitt PLC ("Meggitt" or "the Group"), a leading international company specialising in high performance components and sub-systems for the aerospace, defence and energy markets, today announces in light of the outbreak of the Covid-19 pandemic and its impact on the global economy, the wider aerospace sector and the Group, the Succession Committee led by Guy Berruyer (Senior Independent Director) has agreed with Sir Nigel Rudd and the Board of Directors that Sir Nigel will stay on as Chairman until further notice. Although he still intends to retire in due course, the Board believes that there is significant benefit in continuity at this time.

Enquiries:

Marina Thomas, Group Company Secretary

Mathew Wootton, Vice President, Strategy & Investor Relations

Meggitt PLC

Tel: +44 1202 597597

Nick Hasell, Managing Director

Dwight Burden, Managing Director

Alex Le May, Managing Director

FTI Consulting

Tel: +44 203 727 1340