Investor Presentaiton

aa Aluminium for the world المنيوم البحرين ش.م.ب. Aluminium Bahrain B... Alba Volatility & Uncertainty Continue to Weigh on Aluminium Fundamentals Cash Flow Bridge FY 2022 to YTD 2023 FY 2022 to YTD 2023 Cash Flow Bridge (US$M) Free Cash Flow (US$M) 900 750 600 610 450 300 150 249 100 114 72 84 - 800 600 373 400 726 200 284 396 0 0 Cash CF WC Balance from Changes CAPEX Spent 2022 Operations Block 4 Net Debt Payment Cash CAPEX Servicing to Balance Shareholders Q3'23 YTD 2022 YTD 2023 Page 21

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