Investor Presentaiton

Strategic initiatives continue to transform Extrusions into a more robust and customer driven business More competitive cost base, stronger customer interaction, targeted capacity expansion and sustainability agenda provide for business resilience going forward Key Initiatives Portfolio restructuring Cost reductions Key actions Strong focus on selected segments where Extrusions has competitive advantage Exited non-attractive operations and segments Several cost reduction initiatives, including procurement and operational improvements through Hydro Extrusions Business System (EBS) Customer partnerships and commercial focus Capacity growth in attractive regions and segments Increased customer interaction through value added activities and fabrication Focus on customer solutions and service to ensure value creation, long-term interaction and loyalty Increase in large press, state-of-the-art technology capacity Focus on growth in attractive geographies Sustainability platform Hydro Established competitive advantage in building systems area, leveraging Hydro CIRCAL Growth and enhanced position in recycling capacity to optimize value, scrap flows and PCS 119

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