Establishment of Investment Committee

27^th January 2025

Johnson Matthey Plc

(the Company)

Establishment of Investment Committee

The Company is pleased to announce the establishment of an Investment Committee (the "Committee") of the Board. The Committee, established on 24^th January 2025, will  reinforce the Company's investment strategies and capital allocation.

The Board recognises the need for the Company to remain agile in uncertain markets and adapt its investment strategy and capital allocation as needed, alongside identifying initiatives to accelerate and deliver cash generation and enhanced returns on capital. The Committee will provide additional oversight to these areas in line with the Company's commitment to delivering sustainable shareholder value.

Specific responsibilities of the Committee will include review and endorsement of i) investment and capital allocation strategy, ii) major capital projects and, iii) M&A activity. In discharging these duties, the Committee will give consideration to leading market indicators, execution risk, and levels of return and cash generation for shareholders. 

The Committee will be chaired by Barbara Jeremiah, Senior Independent Director and will initially consist of the following additional members:

Liam Condon           Chief Executive

Sinead Lynch           Independent Non-Executive Director

Stephen Oxley         Chief Financial Officer

Doug Webb              Independent Non-Executive Director

The Committee's Terms of Reference will shortly be available on our website: www.matthey.com/governance-framework

This announcement is made in compliance with the Company's obligations under the UK Listing Rules ("UKLR"), specifically UKLR 6.4.6R.

ENDS

Johnson Matthey Plc is listed on the London Stock Exchange (JMAT)

Registered in England & Wales number: 00033774
Legal Entity Identifier number: 2138001AVBSD1HSC6Z10