Investor Presentaiton

Q4 2023 Adjusted EBITDA NOK 3,737 billion Free cash flow NOK (1.5) billion, adjusted RoaCE 7.1% Weaker results in challenging markets, managing short term volatility and freeing up cash Exceeding 2023 improvement targets and commercial ambitions Growing in recycling by increasing capacity and post- consumer scrap upscaling Delivering on decarbonization roadmap across the value chain, pushing boundaries with low-carbon Hydro CIRCAL Proposed cash dividend of 59 percent of adjusted net income (NOK 2.5 per share) and NOK 2 billion share buyback program

View entire presentation