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Investor Presentaiton

Operating segment information Total revenue Hydro NOK million Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Year 2021 Year 2022 Year 2023 Hydro Bauxite & Alumina 6 026 5 976 6 984 8 713 7 901 9 413 8 652 7 986 8 320 8 830 8 423 9 948 27 699 33 951 35 521 Hydro Energy 2 343 2 213 2 116 3 477 4 268 2 456 2 854 3 037 3 452 2 162 3 299 2 644 10 149 12 614 11 557 Hydro Aluminium Metal 8 953 9 467 9 964 14 164 11 094 24 583 16 678 13 129 15 236 18 211 11 366 13 562 42 548 65 483 58 375 Hydro Metal Markets 13 624 15 275 16 447 19 715 22 674 27 698 22 374 18 222 20 873 22 483 19 329 18 629 65 061 90 968 81 314 Hydro Extrusions 16 334 Other and Eliminations (15 327) Total 31 951 17 470 (15 843) 34 559 17 984 18 509 23 468 25 269 22 620 19 819 22 717 22 608 19 142 18 178 70 296 91 176 82 645 (16 784) 36 710 (18 146) 46 433 (22 788) 46 616 (24 626) 64 793 (20 733) 52 445 (18 118) 44 075 (22 065) 48 534 (20 664) 53 630 (16 856) 44 702 (16 208) 46 754 (66 099) (86 264) (75 794) 149 654 207 929 193 619 External revenue NOK million Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Year 2021 Year 2022 Year 2023 Hydro Bauxite & Alumina 3 546 3 538 4 533 5 471 5 052 5 864 5 641 5 091 5 289 5 570 5 404 6 807 17 088 21 649 23 069 Hydro Energy 787 486 204 1 780 2 415 646 1 082 1 324 1 634 257 1 616 1 058 3 257 5 467 4 564 Hydro Aluminium Metal 762 621 310 3 681 (2 518) 8 640 4 327 2 638 1 528 5 444 1 741 3 936 5 373 13 087 12 649 Hydro Metal Markets 10 789 12 552 13 831 16 993 18 472 24 420 18 796 15 132 17 308 19 837 16 716 16 829 54 165 76 821 70 690 Hydro Extrusions 16 203 17 346 17 829 18 505 23 199 25 228 22 585 19 881 22 765 22 527 19 221 18 122 69 883 90 892 82 635 Other and Eliminations (136) 16 4 2 (5) (6) 15 9 10 (4) 3 3 (113) 13 13 Total 31 951 34 559 36 710 46 433 46 616 64 793 52 445 44 075 48 534 53 630 44 702 46 754 149 654 207 929 193 619 53 53
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