Investor Presentaiton

Aluminium Industry: Volatile and Weak Market Sentiment Cash Flow Bridge 2021 to 2022 -- Sound Cash Position 2021 to 2022 Cash Flow Bridge (US$M) aa Aluminium for the world المنيوم البحرين ش.م.ب. Aluminium Bahrain B... Alba Free Cash Flow (US$M) 1850 1650 1450 77 159 100 1400 1200 1250 1000 1050 1,469 812 800 850 650 600 450 400 320 587 250 200 248 249 50 0 Cash Balance 2021 CF from Operations WC Changes Spent CAPEX Block 4 CAPEX Loan Repayment Payment Cash to Balance Shareholders 2022 2021 1,233 2022 Operating & Investing Cash Flow (Excluding Block 4 CAPEX) Page 26

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