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Investor Presentaiton

aba Aluminium for the world المنيوم البحرين ش.م.ب. Aluminium Bahrain B.S.C. (Alba Mixed Macroeconomic Outlook: Uncertain & Inflationary Market Sentiments Global demand consumption will be shaped by the aftershocks arising from higher inflation and interest rates, supply-chain disruptions coupled with governments' ability to continue providing stimulus. This uncertain macroeconomic outlook will cloud the Aluminium market Power shortages and surging energy costs in Europe and US are likely to increase output cuts while Chinese smelters' output will rise at a slow pace Global supply-chain pressures are set to ease and freight rates will continue to drop Regional premia under pressure owing to concerns over metal demand Weak market sentiment and a firm US$ to weigh on LME Price. Prices will range. between US$2,200/t - US$2,400/t Page 29
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