Essentra trading update for the four months ended 6 May 2023

Essentra has sustained strong operating margins in the period, demonstrating the underlying resilience of
the Company’s business model. Margins have been supported by proactive implementation of pricing
actions and cost management initiatives, including efficiencies in operating costs as well as central
overheads.

2023 Outlook

The Board remains confident in delivering adjusted operating profit for the first half of the year in line with
its expectations, and the 2023 full year outlook remains unchanged. The business has the ability to
manage volume impacts through the implementation of pricing actions and careful cost management,
validated by Essentra’s historical through-cycle margin resilience.