Investor Presentaiton slide image

Investor Presentaiton

Bauxite and alumina cluster in Para, Brazil MRN bauxite mine Top 3 bauxite mine in the world 5% ownership Volume off-take agreement for Vale's 40% stake • • 2020 production 12.9 mill tonnes • 2021 production 12.6 mill tonnes 2022 production 12.3 mill tonens Bauxite licenses Paragominas bauxite mine Alunorte alumina refinery Hydro • • 100% ownership Nameplate capacity of 9.9 million tonnes 2017 production 11.4 million tonnes ⚫ 2018 production 6.2 million tonnes* • 2019 production 7.4 million tonnes* • 92% ownership • World's largest alumina • • 2020 production 8.6 million tonnes • 2021 production 10.9 million tonnes • • 2022 production 11.0 million tonnes . Long-life resource . • refinery outside China Nameplate capacity of 6.3 million tonnes 2017 production • . 6.4 million tonnes • 3.7 million tonnes* 2018 production 2019 production 4.5 million tonnes* 2020 production 5.5 million tonnes • 2021 production 6.3 million tonnes 2022 production 6.2 million tonnes Bauxite supplied from Paragominas and MRN World-class conversion cost position Utilizing state-of-the-art press filter technology to process bauxite residue Enhancing plant robustness to prepare for extreme weather events Refining and mining competencies External supply contracts * Alunorte and Paragominas produced at 50% capacity from March 2018 to May 2019 due to a 50% production embargo on the Alunorte refinery. The production embargo was lifted in May 2019. Sales contract portfolio 71
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