Investor Presentaiton

Powering the green aluminium transition Project portfolio with robust return potential Hydro Positive development on resource rent tax onshore wind The Norwegian Parliament has reached an agreement on the implementation of a resource rent tax on onshore wind power: 25 percent, effect from January 1, 2024 Concession application for new hydropower plants Hydro and Lyse have applied for concession for five new hydropower stations in Røldal-Suldal An upgrade and expansion of the current plants could increase capacity by: 800 GWh, gross 650 MW Hydro Rein and Årdal Energi collaboration Hydro Rein has signed a cooperation agreement with Årdal Energi to develop renewable projects in Årdal 14

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