Investor Presentaiton

aba Aluminium for the world Alba Highlights - Q3 2015 Project Titan - Improve Cash Cost of $150/t by January 2016 YTD 2015: Project Titan on Track with Projected Savings of $135/t Project Titan - US$ per MT 150 135 100 2014 Target YTD 2015 January 2016 Final Target 11 1. Savings from Project Titan represent the annual $ cost per mt improvement once all projects are fully implemented 2. Actual project implementation dates are on a project by project basis

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