Investor Presentaiton

Ambitious product roadmap driving industry frontiers Capitalize on market demand through circularity while decarbonizing primary value chain 2.3 XX t CO2e/t in progress / achieved XX t CO2e/t spearheads Current emission levels Hydro CIRCAL Recycled Aluminium CIRCAL 100R <0.5 XX t CO2e/t first commercially available volumes XX t CO2e/t pilot volumes Further use of PCS and green sourcing Further implement pilot for use of hydrogen/electrification in recyclers Hydrogen pilot in Høyanger 0.0 2022 2025 Fuel switch Alunorte 4.0 Current emission levels Hydro REDUXAⓇ Low-Carbon Aluminium 3.0 Partnering with Mercedez-Benz 2030 Implement CCS and DAC for existing smelters Decarbonize casthouses 2040 Install HalZero pilot for primary production ~2.0 <2.0 REDUXA 3.0 First HalZero metal Spearhead volumes <1.0 Utilize hydrogen in - From testing alumina calcination Hydro Decarbonization of remaining emissions 2050 Decarbonization of remaining emissions 57 57

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