Investor Presentaiton

Adj. EBITDA down on lower prices, Extrusion results and Slovalco effects, partly offset by lower raw material cost Q4 2023 vs Q4 2022 7.2 1.6 1.5 0.2 0.6 0.8 0.5 0.1 1.2 1.4 3.7 -2.1 CO2 compensation Slovalco effects Other & eliminations Adj. EBITDA Q4 2022 Realized aluminium Raw material cost and alumina price Extrusion and recycling margins Extrusion and recycling volumes Energy price and volume 1) Fixed cost CO2 compensation, Slovalco, other & eliminations Note: 1) Excluding Energy loss on buy-back contract with AM Adj. EBITDA Q4 2023 Hydro 47

View entire presentation