Johnson Matthey PlcLSE: JMAT

Response to letter from Standard Investments

· Issued by Johnson Matthey Plc

16th December 2024

Johnson Matthey Plc

(the Company)

Response to letter from Standard Investments

Johnson Matthey Plc ("JM") notes the letter published by Standard Investments on 16th December 2024.

The Board of JM welcomes constructive input from all shareholders, and accordingly has had a dialogue with Standard Investments since it became a shareholder.

The Board and management team are resolute in their focus on improving JM's share price performance and recognise the need to restore shareholder returns. JM is fully committed to driving enhanced performance, higher cash flow and stronger capital discipline. JM is making progress in a challenging market environment through delivery of a comprehensive transformation strategy and will continue to adapt this strategy to the evolving market situation.

A further update will be provided as appropriate.

ENDS

Enquiries: 

Investor Relations

Martin Dunwoodie

Louise Curran

Director of Investor Relations

Head of Investor Relations

+44 20 7269 8241

+44 20 7269 8235

Media

Sinead Keller

Harry Cameron

Group External Relations Director

Teneo

+44 20 7269 8218

+44 7799 152148

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

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