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Investor Presentaiton

Extrusions has structurally improved EBITDA since 2018 mainly through cost improvements and restructuring Extrusions EBITDA NOK billions 0.3 4.1 2.0 0.6 EBITDA-margin per unit in Hydro Extrusion (%) >5% 5.7 -1.3 0-5% Adj. EBITDA Underlying 2018 market Core Commercial Inflation and Actual 2021 improvement ambitions growth levers other adjustments EBITDA <0% Hydro 2022 YTD Sep 2018 YTD Sep Total Hydro Extrusions portfolio (~100 sites) 0.99 million tonnes (YTD) 120
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