Under the terms of Michelin's acquisition of Fenner, Fenner shareholders received 610 pence per Fenner share; full details of the Acquisition were set out in the scheme document dated 12 April 2018. Settlement of the consideration was effected by way of the despatch of cheques or the crediting of CREST accounts on 14 June 2018. As a result of the acquisition of Fenner by Michelin, share certificates in respect of Fenner Shares have ceased to be valid documents of title and entitlements to Fenner Shares held in uncertificated form in CREST have been cancelled. Any enquiries by former Fenner shareholders in relation to acquisition of their shares by Michelin should be addressed to Link Assets Services (telephone 0871 664 0300 from the UK or from overseas +44 (0) 371 664 0300). Calls from within UK cost 12p per minute plus the phone company's access charge; calls from outside the United Kingdom will be charged at the applicable international rate. Hesslewood Country Office Park, Ferriby Road, Hessle, East Yorkshire HU13 0PW Registered Number 329377 England. © Fenner Group Holdings Limited LEGAL PRIVACY SECTION 172 STATEMENTS

SECTION 172 STATEMENTS In accordance with the Companies Act 2006 (the ‘Act’) (as amended by the Companies (Miscellaneous Reporting) Regulations 2018), the Directors provide the following statements describing how they have had regard to the matters set out in section 172(1) of the Act, when performing their duty to promote the success of the Company, under section 172. The Directors always aim to act in the best interests of the Company, and to be fair and balanced in their approach. The needs of different stakeholders are always considered as well as the consequences of any decision in the long term and the importance of our internally published high standards of business conduct. Fenner Group Holdings Limited – S172 statement J.H. Fenner & Co. Limited – S172 statement James Dawson & Son Limited – S172 statement Hallite Seals International Limited – S172 statement Fenner International Limited – S172 statement Hall & Hall Limited – S172 statement J.H. Fenner & Co. (Advanced Engineered Products) Limited – S172 statement Hesslewood Country Office Park, Ferriby Road, Hessle, East Yorkshire HU13 0PW Registered Number 329377 England. © Fenner Group Holdings Limited LEGAL PRIVACY SECTION 172 STATEMENTS