Section 430 Companies Act 2006

Section 430(2B) Companies Act 2006 Statement – Pete Raby.

As announced on 16 January 2025, Pete Raby retired as CEO on 1 July 2025 and left the business at the end of August 2025.

Pete received his salary and benefits until 31 August 2025 being the date his employment with Morgan Advanced Materials plc (the ‘Company’) ended, but he did not receive any payment for loss of office.

Pete will be treated as a good leaver for variable pay purposes and his salary, bonus and outstanding incentive awards will be treated in accordance with the Remuneration Policy approved by shareholders in 2025.

Further details appear in the Directors’ Remuneration Report in the 2024 Annual Report and Accounts.