Investor Presentaiton

aa Aluminium for the world المنيوم البحرين ش.م.ب. Aluminium Bahrain B... Alba Aluminium Industry: Volatile and Weak Market Sentiment Production Costs Lower Due to Lower Alumina Prices Despite Higher Throughput 3,400 2,800 2,200 3,171 1,600 2023 vs. 2022 - Direct Cost Bridge (US$M) 37 21 16 64 41 11 207 1 3,154 1,000 Direct Cost 2022 Major RM Price RM Consumption Energy Price Other RM Alumina Inventory Sales' Cost Absorption Plant Spending Direct Cost 2023 * RM stands for Raw Materials Page 24

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