diff --git a/src/common/memory_tracking.hpp b/src/common/memory_tracking.hpp
index e193980e28b..46867487a5d 100644
--- a/src/common/memory_tracking.hpp
+++ b/src/common/memory_tracking.hpp
@@ -1,5 +1,6 @@
 /*******************************************************************************
 * Copyright 2018-2024 Intel Corporation
+* Copyright 2024 Arm Ltd. and affiliates
 *
 * Licensed under the Apache License, Version 2.0 (the "License");
 * you may not use this file except in compliance with the License.
diff --git a/src/cpu/aarch64/matmul/acl_matmul.cpp b/src/cpu/aarch64/matmul/acl_matmul.cpp
index 91f342d44e3..51080921b64 100644
--- a/src/cpu/aarch64/matmul/acl_matmul.cpp
+++ b/src/cpu/aarch64/matmul/acl_matmul.cpp
@@ -44,24 +44,32 @@ status_t acl_matmul_t::execute_forward(const exec_ctx_t &ctx) const {
 
     // Run transpose kernel
     if (is_transA && !is_transB) {
-        acl_obj.src_tensor.allocator()->allocate();
+        auto transA_scratch = scratchpad.get<void>(
+                memory_tracking::names::key_matmul_src_trans);
+        acl_obj.src_tensor.allocator()->import_memory(transA_scratch);
         acl_obj.src_acc_tensor.allocator()->import_memory(
                 const_cast<data_t *>(src_base));
         acl_obj.transA.run();
         acl_obj.wei_tensor.allocator()->import_memory(
                 const_cast<data_t *>(wei_base));
     } else if (is_transB && !is_transA) {
-        acl_obj.wei_tensor.allocator()->allocate();
+        auto transB_scratch = scratchpad.get<void>(
+                memory_tracking::names::key_matmul_wei_trans);
+        acl_obj.wei_tensor.allocator()->import_memory(transB_scratch);
         acl_obj.wei_acc_tensor.allocator()->import_memory(
                 const_cast<data_t *>(wei_base));
         acl_obj.transB.run();
         acl_obj.src_tensor.allocator()->import_memory(
                 const_cast<data_t *>(src_base));
     } else if (is_transA && is_transB && !do_transC) {
-        acl_obj.src_tensor.allocator()->allocate();
+        auto transA_scratch = scratchpad.get<void>(
+                memory_tracking::names::key_matmul_src_trans);
+        auto transB_scratch = scratchpad.get<void>(
+                memory_tracking::names::key_matmul_wei_trans);
+        acl_obj.src_tensor.allocator()->import_memory(transA_scratch);
         acl_obj.src_acc_tensor.allocator()->import_memory(
                 const_cast<data_t *>(src_base));
-        acl_obj.wei_tensor.allocator()->allocate();
+        acl_obj.wei_tensor.allocator()->import_memory(transB_scratch);
         acl_obj.wei_acc_tensor.allocator()->import_memory(
                 const_cast<data_t *>(wei_base));
         acl_obj.transA.run();
@@ -71,7 +79,11 @@ status_t acl_matmul_t::execute_forward(const exec_ctx_t &ctx) const {
                 const_cast<data_t *>(src_base));
         acl_obj.wei_tensor.allocator()->import_memory(
                 const_cast<data_t *>(wei_base));
-        if (do_transC) { acl_obj.dst_acc_tensor.allocator()->allocate(); }
+        if (do_transC) {
+            auto transC_scratch = scratchpad.get<void>(
+                    memory_tracking::names::key_matmul_dst_trans);
+            acl_obj.dst_acc_tensor.allocator()->import_memory(transC_scratch);
+        }
     }
 
     // If we have an unfused sum post op, put the result in a scratchpad tensor.
@@ -94,6 +106,7 @@ status_t acl_matmul_t::execute_forward(const exec_ctx_t &ctx) const {
     pd()->acl_post_ops.execute(ctx, dst);
 
     acl_obj.dst_tensor.allocator()->free();
+    if (do_transC) acl_obj.dst_acc_tensor.allocator()->free();
 
     return status;
 }
diff --git a/src/cpu/aarch64/matmul/acl_matmul.hpp b/src/cpu/aarch64/matmul/acl_matmul.hpp
index 1427a5bcb85..6385996f490 100644
--- a/src/cpu/aarch64/matmul/acl_matmul.hpp
+++ b/src/cpu/aarch64/matmul/acl_matmul.hpp
@@ -170,7 +170,8 @@ struct acl_matmul_t : public primitive_t {
             }
 
             auto scratchpad = scratchpad_registry().registrar();
-            CHECK(acl_matmul_utils::init_scratchpad(scratchpad, amp_, dst_md_));
+            CHECK(acl_matmul_utils::init_scratchpad(
+                    scratchpad, amp_, src_md_, weights_md_, dst_md_));
 
             return status::success;
         }
diff --git a/src/cpu/aarch64/matmul/acl_matmul_utils.cpp b/src/cpu/aarch64/matmul/acl_matmul_utils.cpp
index 134ce94c905..cf5d2b600d6 100644
--- a/src/cpu/aarch64/matmul/acl_matmul_utils.cpp
+++ b/src/cpu/aarch64/matmul/acl_matmul_utils.cpp
@@ -174,12 +174,28 @@ status_t init_conf_matmul(acl_matmul_conf_t &amp, memory_desc_t &src_md,
 }
 
 status_t init_scratchpad(memory_tracking::registrar_t &scratchpad,
-        acl_matmul_conf_t &amp, memory_desc_t &dst_md) {
+        const acl_matmul_conf_t &amp, const memory_desc_t &src_md,
+        const memory_desc_t &weights_md, const memory_desc_t &dst_md) {
     if (amp.use_dst_acc_for_sum) {
         const memory_desc_wrapper dst_d(&dst_md);
         scratchpad.book(memory_tracking::names::key_matmul_dst_in_acc_dt,
                 dst_d.nelems(), dst_d.data_type_size());
     }
+    if (amp.is_transA) {
+        const memory_desc_wrapper src_d(&src_md);
+        scratchpad.book(memory_tracking::names::key_matmul_src_trans,
+                src_d.nelems(), src_d.data_type_size());
+    }
+    if (amp.is_transB) {
+        const memory_desc_wrapper wei_d(&weights_md);
+        scratchpad.book(memory_tracking::names::key_matmul_wei_trans,
+                wei_d.nelems(), wei_d.data_type_size());
+    }
+    if (amp.do_transC) {
+        const memory_desc_wrapper dst_d(&dst_md);
+        scratchpad.book(memory_tracking::names::key_matmul_dst_trans,
+                dst_d.nelems(), dst_d.data_type_size());
+    }
     return status::success;
 }
 
diff --git a/src/cpu/aarch64/matmul/acl_matmul_utils.hpp b/src/cpu/aarch64/matmul/acl_matmul_utils.hpp
index d3fa65d915a..2fc9e419ac8 100644
--- a/src/cpu/aarch64/matmul/acl_matmul_utils.hpp
+++ b/src/cpu/aarch64/matmul/acl_matmul_utils.hpp
@@ -63,7 +63,8 @@ status_t init_conf_matmul(acl_matmul_conf_t &amp, memory_desc_t &src_md,
         const primitive_attr_t &attr);
 
 status_t init_scratchpad(memory_tracking::registrar_t &scratchpad,
-        acl_matmul_conf_t &amp, memory_desc_t &dst_md);
+        const acl_matmul_conf_t &amp, const memory_desc_t &src_md,
+        const memory_desc_t &weights_md, const memory_desc_t &dst_md);
 
 } // namespace acl_matmul_utils