Investor Presentaiton

aa Aluminium for the world المنيوم البحرين ش.م.ب. Aluminium Bahrain B.S.C. (Alba Aluminium Industry: Volatile Market Conditions Push LME Price Higher Cost Analysis Q1 2022 vs. Q1 2021 Higher Direct Cost Due to Higher Alumina & Other Raw Materials' Price Direct Cost Bridge (US$M) - Q1 2022 vs. Q1 2021 850 700 121 550 400 536 250 101 21 57 11 UT 5 0 664 100 Direct Cost Q1 2021 RM RM Energy Price Consumption Price Other RM Alumina Sales' Cost Inventory Plant Absorption Spending Direct Cost Q1 2022 Page 19

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