RELATIONS WITH SHAREHOLDERS

The Board seeks to ensure effective engagement with shareholders through the Company's regular communications, the AGM and other investor relations activities.

Prior to the demerger of Cookson Group, the Company held a Capital Markets Day to provide the Group's stakeholders with more detailed insight into the Group's future strategy and investment proposition. The Chief Executive and Chief Financial Officer then led a series of meetings with investors to promote the new Company. In addition, the Senior Independent Director, as Chairman of the Remuneration Committee, met with key institutional shareholders and their representative bodies to discuss the proposals for the Company's new remuneration policy.

The Company's investor relations programme is managed by the Chief Executive and Chief Financial Officer. The majority of meetings with investors are led by them, but the Chairman, Senior Independent Director and other Directors are also be available to meet with significant shareholders as appropriate.

The Company will report its financial results to shareholders twice a year, with the publication of its Annual and Half-Yearly Financial Reports, and will issue two further trading updates each year with the publication of its Interim Management Statements. In conjunction with these announcements, presentations or teleconference calls will be held with institutional investors and analysts. Recordings of these will be made available on the Group's website along with hard copies of any presentation materials issued — www.vesuvius.com.

Regular updates on shareholder issues and discussions will be provided to the Board. Board members will continue to receive copies of significant analysts' notes issued on the Company. All Directors are expected to attend the Company's AGM, providing shareholders with the opportunity to question them about issues relating to the Group, either during the meeting or informally afterwards.