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Investor Presentaiton

Strong Market Sentiment Fuels Rebound in LME Price 2000 1700 1400 1100 800 EBITDA Bridge Gap Analysis - 2021 vs. 2020 Strong EBITDA Margin at 38.8% YTD 2021 vs. YTD 2020 - EBITDA Bridge (US$M) EBITDA 16.1% 500 455 1,359 33 168 43 aa Aluminium for the world المنيوم البحرين ش.م.ب. Aluminium Bahrain B.S.C. (Alba EBITDA 38.8% 1,636 200 EBITDA 2020 Metal Other Sales Sales Direct Cost Selling Expenses EBITDA 2021 Page 24
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