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Investor Presentaiton

En+ GROUP STRATEGIC REPORT CLIMATE LEADERSHIP Goals and results 70 1 2 Goals 2021 Results CLIMATE AFFORDABLE AND CLEAN ENERGY 13 ACTION Gross GHG emissions (Scope 1+ 2)² (mt CO₂e) Environmental Policy 29,9 22.1 2021 52.0 28.6 22.0 2020 50.6 28.1 22.8 2019 50.9 DISCLOSE THE PATHWAY TO NET ZERO. A detailed pathway for achieving a 35% reduction in emissions and net zero by 2050 was published in September 2021. Detailed plans for each part of the pathway are being developed. VERIFY AND APPROVE THE SBTI TARGETS OF THE METALS SEGMENT. FINALISE A TCFD PROJECT TO ASSESS CLIMATE CHANGE RISKS AND OPPORTUNITIES. En+ Group submitted its SBTs and roadmap to net zero for verification to the SBTI in September. The targets are currently under review by SBTi. Metals Power The Metals segment's GHG emissions in electrolysis operations( tCO₂e/tAl)³ 2021 2.02 The project is completed. The results of the project will be considered in the Pathway to Net Zero progress Report. 2020 2.04 MINIMISE THE INDUSTRIAL CARBON FOOTPRINT THROUGH THE IMPLEMENTATION OF ENERGY EFFICIENCY MEASURES. The internal audit and inventory of available actions were implemented in the Power segment. The energy efficiency projects were prioritised by term, implementation complexity and expected effect. The first projects are planned to be reviewed by the Investment Committee in 2022. START CONSTRUCTION WORKS ON THE SMALL- SCALE SEGOZERSKAYA HPP (8.1 MW) IN KARELIA (RUSSIA). Preparations for construction work were carried out, building permits have been obtained. 2019 2.04 2018 2.11 2014 2.28 We are striving to become one of the leaders in the fight against climate change We are constantly expanding renewable energy sources, improving production efficiency, and reducing negative impact on the environment and climate. In January 2021, En+ Group committed to reduce GHG emissions by at least 35% by 2030 and to be net zero by 2050 (Scope 1 and 2 as benchmarked against the Group's 2018 GHG emissions). To achieve its commitments, the Group will need to upgrade its production facilities and introduce innovative technologies throughout the production chain. In September 2021, En+ Group published its Pathway to Net Zero Report, which outlines, in comprehensive detail, the initiatives being undertaken across the whole value chain to achieve its sector-beating climate targets in line with 1.5°C pathways. En+ Group's total GHG emissions increased in 2021 compared to 2020, due to a number of factors. GHG emissions in the Power segment were increased due to the length of the heating season. The increase of GHG emissions in the Metals segment was due to the fact that the PGLZ was taken into account in full for the entire year (in 2020 only the 4th quarter was taken into account), the perimeter of covered enterprises was also expanded. The Group is confidently moving towards reducing direct specific greenhouse gas emissions by 15% from 2014 levels (2.28 tCO₂e/tAI) at existing aluminium smelters by 2025. In 2021, the intensity of GHG emissions from electrolysis operations was 2.02 tCO₂e/tAl - a 11% reduction from the 2014 baseline. 3 4 5 6 CONTINUE ASSESSMENT OF GREENHOUSE GAS EMISSIONS FROM HYDROPOWER RESERVOIRS AND EXPAND THE ASSESSMENT TO UST- ILIMSK HPP. Annual cycle of measurements for Bratsk and Ust-Ilimsk HPP reservoirs has been performed (autumn, summer and spring campaigns). Second year cycle for Bratsk reservoir has been started in autumn 2021. The preliminary data for average annual methane emissions are in the lower emissions range for global boreal HPP reservoirs. En+ Group Annual Report 2021 STRATEGIC REPORT CORPORATE GOVERNANCE FINANCIAL STATEMENTS APPENDICES The Group's 2018 GHG emissions (Scope 1 and 2) were 50.0 mt CO₂e. Preliminary data, being verified as part of the En+ Group 2021 Sustainability Report preparation. Preliminary data, being verified as part of the En+ Group 2021 Sustainability Report preparation. Level 1 in accordance with the Aluminium Carbon Footprint Technical Support Document (2018) (https://www. world-aluminium.org/media/filer_public/2018/11/22/carbon footprint_technical_support_document_ v1_published.pdf). 71
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