Investor Presentaiton

Growing in recycling by 'digging deeper in the scrap pile' is not straight forward - strong focus throughout value chain required Hydro Scrap sourcing and partnering Market scrap - increased share of complex PCS Scrap shredding and sorting Large Recycling asset base Multiple product segments Shredding and sorting Product and market development Meeting customer needs - partnerships Scrap conversion for customers Primary ingots Customer scrap Extrusion Ingot Forging Stock Hydro CIRCAL Recycled Aluminium Remelt Ingot Recycling portfolio >2 mill tpy Advanced sorting, XRF, LIBS Primary smelters Primary Foundry Alloys Sheet Ingot (alumetal Secondary Foundry Alloys 111

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