Investor Presentaiton

aa Aluminium for the world المنيوم البحرين ش.م.ب. Aluminium Bahrain B... Alba Aluminium Industry: Volatile and Weak Market Sentiment Cash Flow Bridge Q3 2022 to Q4 2022 -- Sound Cash Position Q3 2022 to Q4 2022 Cash Flow Bridge (US$M) Free Cash Flow (US$M) 950 850 750 51 51 306 560 650 460 550 360 485 450 252 260 350 0 250 278 150 60 160 309 249 60 50 Cash CF WC CAPEX Balance from Changes Spent 3Q22 Operations Block 4 Loan Payment Cash CAPEX Repayment to Balance Shareholders 4Q22 -40 Q4 2021 507 Q4 2022 Operating & Investing Cash Flow (Excluding Block 4 CAPEX) Page 39

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