Investor Presentaiton

aa Aluminium for the world المنيوم البحرين ش.م.ب. Aluminium Bahrain B... Alba Volatility & Uncertainty Continue to Weigh on Aluminium Fundamentals Higher Direct Cost Owing to Higher Production & Partially Offset by Drop in Alumina Prices YTD 2023 vs. YTD 2022 - Direct Cost Bridge (US$M) 2,500 89 67 107 10 27 11 161 2,000 1,500 1,000 2,212 2,362 500 Direct Cost YTD 2022 RM RM Energy Price Consumption Price Other RM Alumina Inventory Sales' Cost Absorption Plant Spending Direct Cost YTD 2023 * RM stands for Raw Materials Page 19

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