En+ Group Investment Presentation

Aluminium Vertically Integrated Green Business Model Power Segment • A cascade of 31 HPPS on the Angara river and 1 HPP on the Yenisei river harness the potential of one of the world's largest river systems located in Siberia ⚫HPPs are complemented by a network of 16 CHPS Bauxite Metals Segment 14.8 mt of Bauxite and 4.6 mt of Nepheline produced in 2020 c.80% self sufficiency in bauxites and nephelines with 100% achievable through further rump-up of Dian Dian Project in Guinea² Overall Bauxites reserves life is c.100+ years • • Monetising value chain from production to customer including grid and retail Alumina . 8.2 mt of Alumina produced in 2020 >100% self-sufficiency in alumina Ent GROUP • A combination of alumina and power transforms into the production of primary aluminium and premium aluminium alloys En+ Group aims for >95% aluminium production energy needs to be met by hydro and other carbon-free power sources by 2025 • 3.8 mt of Aluminium produced in 2020 • 93% of Aluminium production in Russian Siberia 2019 energy used by sources 3 1.1% 98.9% Non-carbon energy Thermal Fully integrated and highly self-sufficient green business model Source: Company data, CRU. Boguchany HPP operated by RusHydro (a part of BEMO project a 50%/50% JV of UC RUSAL and RusHydro, which also includes Boguchany aluminium smelter) is not included to Power Segment. Currently there are no particular plans to further increase production capacity of Dian-Dian. (1) (2) (3) May vary from year to year depending on the water level on HPPS. 80

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