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Investor Presentaiton

aa Aluminium for the world المنيوم البحرين ش.م.ب. Aluminium Bahrain B.S.C. (Alba Aluminium Industry: Volatile Market Conditions Push LME Price Higher Cash-Flow Bridge - FY 2021 to Q1 2022: Sound Cash Position 800 FY 2021 to Q1 2022 Cash-Flow Bridge (US$M) Free Cash Flow (US$M) 360 700 132 310 600 35 260 6 12 500 483 400 210 200 316 160 110 300 60 346 200 -4 248 10 100 -40 CF Cash Balance from Changes 2021 Operations WC General CAPEX Block 4 CAPEX Net Debt Payment Cash Service to Balance Shareholders 1Q'22 Q1 2021 Q1 2022 Operating & Investing Cash Flow (Excluding Project CAPEX) Page 21
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