Investor Presentaiton

Strong Market Sentiment Fuels Rebound in LME Price 1750 1500 Cash Flow Bridge - 2020 to 2021: Sound Cash Position 2020 to 2021 Cash Flow Bridge (US$M) 600 aa Aluminium for the world المنيوم البحرين ش.م.ب. Aluminium Bahrain B.S.C. (Alba Free Cash Flow (US$M) 1250 828 1000 1,595 750 500 400 186 300 33 500 318 200 100 250 100 248 144 118 0 0 Cash Balance 2020 CF WC CAPEX from Changes Spent Operations Line 6 CAPEX Loan Repayment Payment Cash to Balance Shareholders 2021 2020 581 2021 Operating & Investing Cash Flow (Excluding L6 CAPEX) Page 25

View entire presentation