Investor Presentaiton

aa Aluminium for the world المنيوم البحرين ش.م.ب. Aluminium Bahrain B... Alba Aluminium Industry: Volatile and Weak Market Sentiment Production Costs Lower Due to Lower Alumina Prices Despite Higher Throughput Q4 2023 vs. Q4 2022 - Direct Cost Bridge (US$M) 1,000 15 0 47 11 30 91 800 25 25 600 400 959 200 792 0 Direct Cost Q4 2022 Major RM Price RM Consumption Energy Price Other RM Alumina Inventory Sales' Cost Absorption Plant Spending Direct Cost Q4 2023 * RM stands for Raw Materials Page 37

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