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TheJohnson Matthey Base Prices (the “Prices”) are the company’s quoted prices forour customers of wholesale quantities of platinum group metals set by ourtrading desks in the USA, Hong Kong and the UK. The Prices reflect JohnsonMatthey’s current view of prevailing market prices and may take into accountJohnson Matthey’s view on current market bids and offers. The Prices are formetal in sponge form with minimum purities of 99.95% for platinum andpalladium, and 99.9% for rhodium, iridium and ruthenium.

ThePrices are the property of Johnson Matthey PLC. The Prices are published forillustrative and information purposes only.  While Johnson Matthey PLCmakes every effort to ensure the quality of the Prices, Johnson Matthey PLCdoes not warrant as to their accuracy and disclaims liability for any loss ordamage incurred by any party relying on this data.  In publishing thePrices, Johnson Matthey PLC does not engage or intend to engage in theadministration of a benchmark. Nor does it market, directly or indirectly, the

Prices for use asbenchmarks within the meaning of Regulation (EU) 2016/1011 on indices used asbenchmarks in financial instruments and financial contracts or to measure theperformance of investment funds. Any use of the Prices without the priorconsent of Johnson Matthey PLC is prohibited. Johnson Matthey PLC reserves allrights in respect of the Prices.