Investor Presentaiton

Ambition to more than double sales of greener products to meet market demand Hydro 1) Post-consumer scrap > 75%. 2) Footprint < 4.0 Hydro CIRCAL¹) Sales volume, tonnes (000s) ~3X ~140 100 40 50 55 20 2020 2021 2022 2023e 2025e Mid-term capacity Hydro REDUXA2) Sales volume, tonnes (000s) ~2X ~1000 650 420 450 250 75 2020 2021 2022 2023e 2025e Mid-term capacity 55

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