Remuneration policy 2017

Renishaw plc (the "Company")

Remuneration policy 2017

26 May 2017

The Company's Remuneration Committee has been reviewing the remuneration policy for executive directors, which is required to be put before the shareholders for approval at the Company's AGM in 2017.

A letter has been sent to the Company's major institutional shareholders and to certain shareholder advisory organisations. The letter explains the rationale for proposed changes to the remuneration policy by the addition of a deferred annual incentive and executive director shareholding guidelines.

A copy of the letter is available on the Company's investor relations website at www.renishaw.com

Renishaw plc

Registered number: 01106260

Registered office: New Mills, Wotton-under-Edge, Gloucestershire GL12 8JR

For further details contact:

Norma Tang

Company Secretary

Tel: 01453 524524

[email protected]

www.renishaw.com