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Investor Presentaiton

Capital allocated according to strategic modes Strategic modes reflect global megatrends and high-return opportunities Businesses Safe, compliant and efficient operations - The Hydro Way Bauxite & Alumina Aluminium Metal Recycling Energy Extrusions Hydro Strategic mode Sustain and improve Sustain and improve Selective growth Selective growth Selective growth Towards 2025 Reduce risk, improve sustainability footprint, improve cost position Robustness and greener, increase product flexibility, improve cost position Substantial shift in conversion of post- consumer scrap Grow in renewables, hydrogen and batteries Platform strategy executed, selective growth 65

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