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Investor Presentaiton

aa Aluminium for the world المنيوم البحرين ش.م.ب. Aluminium Bahrain B.S.C. (Alba Major Raw Materials Price Trends (Al2O3, AIF 3, Liquid Pitch and GPC) Despite a weak market sentiment, alumina prices are expected to hold firm over the short-run and will be under pressure over the long-term Liquid Pitch prices to range higher as compared to the usual average mainly due to the coal tar pitch use in different applications in other industries Aluminium Fluoride prices to further soften owing to stable raw material prices Carbon products' prices (GPC, CPC & Anodes) to remain high owing to the restart of idle Chinese capacity following the recovery of hydropower generation; thus, creating increased demand for carbon products Page 25
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