Hindalco Industries Limited

rs,

f our hedging activities; relationships with, and financial and operating conditions of, our customers, suppliers and other stakeholders; fluctuations in the supply of, and prices for, energy in the areas

3.6 MT

akeaways 03 Hindalco is a leading global industry player India Ops Aluminium Capacity Alumina 3.6 MT Copper Capacity Copper Cathode 421 KT Primary Metal 1.3 MT Copper Rods 540 KT VAP ~400 KT Nov

1.3 MT

dia Ops Aluminium Capacity Alumina 3.6 MT Copper Capacity Copper Cathode 421 KT Primary Metal 1.3 MT Copper Rods 540 KT VAP ~400 KT Novelis Aluminium Flat Rolled Products (FRP) Beverage Can Auto

4.1 MT

ium Flat Rolled Products (FRP) Beverage Can Automotive Specialities Aerospace Rolling Capacity 4.1 MT Recycled 2.2 MT Novelis | Largest aluminum FRP producer and recycler in the world Hindalco | La

2.2 MT

oducts (FRP) Beverage Can Automotive Specialities Aerospace Rolling Capacity 4.1 MT Recycled 2.2 MT Novelis | Largest aluminum FRP producer and recycler in the world Hindalco | Largest fully integr

80%

loyees Emissions Water Highlights 2.2 mn tons of aluminium scrap recycled in FY22 at Novelis ~80% of waste re-used currently, >2.3mn tons of red mud and >100% fly ash On track to reduce net wat

100%

scrap recycled in FY22 at Novelis ~80% of waste re-used currently, >2.3mn tons of red mud and >100% fly ash On track to reduce net water intensity 30% by FY’25 vs. ’19, which is >18mn m3 of water

30%

sed currently, >2.3mn tons of red mud and >100% fly ash On track to reduce net water intensity 30% by FY’25 vs. ’19, which is >18mn m3 of water conserved annually ~190 HA of greenbelt or >450k t

10%

efits of a circular economy. 30%* reduction in carbon footprint by 2026 Carbon-neutral by 2050 10% Reduction in Energy Intensity use by 2026# 10% Reduction in Water Intensity use by 2026# 20% R

20%

0 10% Reduction in Energy Intensity use by 2026# 10% Reduction in Water Intensity use by 2026# 20% Reduction in Waste to Landfill by 2026# *Includes Scopes 1-3 Greenhouse Gas Emissions and based o

50%

g + Recycling FRP + Extrusions Fabrication Recycling – Scrap Collection Infinitely Recyclable >50% red mud re-use or >2.3mn tons per annum >100% fly ash re-use Spent pot line 100% re-use by 2027

57%

Spent pot line 100% re-use by 2027 Novelis recycled ~2.2 MT*, including 82bn used beverage cans 57%* of Novelis FRP is recycled content Significant CO2 Savings per year through prime avoidance * F

“we expect to see [promotional activities] going through 2023 and into 2024 … so that’s why we’re hopeful for the back end of 2023 and into 2024 that we’ll see another uptick in volumes.”

“Flame Retardants Applications: Automotive (Brakepad, Sparkplug, etc.), Defense, Chemical, Petrochemical, and Medical Domestic CAGR : 12% Global CAGR : 5% Electronics Source: Company estimates Demand for specialty aluminium hydroxide is increasing due to stringent regulatory, fire and safety standards.”

“Domestic CAGR : 15% Global CAGR : 6% Refractories Increase in global demand for high-quality refractories for cleaner steel manufacturing.”

“Domestic CAGR : 11% Global CAGR : 5% Increasing trends in miniaturization of consumer electronics.”

“Disruptive growth in EV segment will increase demand for Lithium ion batteries Applications: Automotive, Medical, Aerospace Domestic CAGR : 22% Global CAGR : 7% Solid Surface Industry is expected to grow at a faster rate due to rapid urbanization and increasing construction activities globally.”

Scrip Code

1

Ref

1

Butterfly conservation

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Applications

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Financial Strength

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For Further Queries Please Contact

1

Scrip Code

500440 National Stock Exchange of India Limited Scrip Code: HINDALCO Banque Internationale A Luxembourg Societe Anonyme Sub: Investor Presentation for the ‘Investor Day 2023’, Conference scheduled on April 04, 2023 by Hindalco Industries Limited (‘the Company’).

Ref

1) Regulation  30  of  the  Securities  and  Exchange  Board  of  India  (Listing  Obligations  and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) 2) Our intimation dated March 20, 2023 w.r.t ‘Investors Day 2023’, scheduled on April 04, 2023 at 4:00 PM (IST) at The Four Seasons Hotel, Mumbai 3) ISIN:INE038A01020 In  furtherance  to  above  referred  intimation,  please  find  copy  of  the  Investor  Presentation proposed to be made today. is  also  being  made  available  on The  same www.hindalco.com/investor‐centre/reports‐and‐presentations.The  Transcript  of Meeting shall also be made available thereat. the  website  of the  company  viz: the  said Sincerely, For Hindalco Industries Limited Geetika Anand Company Secretary & Compliance Officer Encl : a/a Hindalco Industries Limited 6th & 7th Floor, Birla Centurion, Pandurang Budhkar Marg, Worli, Mumbai – 400030, India T:+91 22 66626666/62610555 | F:+912262610400/62610500 | W: www.hindalco.com Registered Office :

Butterfly conservation

33,500 SQM area developed Multiple offset efforts underway (e.g. WADI Project) Increase in green cover area by 5% in FY 23 Cumulative Trend Green Cover(#Ha) Total Trees(#mn) 3.2 1,891 2.7 1,770 4.0 2,188 3.6 2,082 FY’20 FY’21 FY’22 Dec’22 YTD 11 Hindalco Continues to build out and refine its roadmap to carbon neutral by 2050 Novelis FY16-FY23* -19% tCO2e Absolute -24% tCO2e/t Intensity 19.9 20.4 -30% tCO2e Absolute -44% tCO2e/t Intensity 16.1 13.9 y t i s n e t n I s n o i s s i m E e 2 O C t / e O C n o t 30.0 20.0 10.0 0.0 Hindalco Primary Aluminum + Downstream 25% tCO2e/t intensity 18.5% 20.5% 24.1 19.7 19.2 ~ (1.2) ~ 0.1 18.1 FY16 Baseline FY22 Actual FY23 Projection FY26 Target FY12 Baseline FY12 Baseline FY22 Actual FY22 Actual FY23 Estimate Indentified Projects FY23 Projection Indentified Projects s n o i s s i m E e 2 O C s n o t c i r t e m n o i l l i m 25 20 15 10 5 0 Recycled Content * FY23 Projected 49% 57% 61% * Growth Growth FY25 Target FY25 Target 12 Key Sustainability

Applications

Kitchenware/cookware, copper films/sheets, Copper Alloy articles 31 Transport New Age Lifestyle Source: Company estimates Hindalco Copper – Moving further Downstream and towards circularity Superior Copper Alloy Rods for high-speed railways Current Capacity: 5 KTPA Copper Magnesium rod with superior tensile strength and better environmental footprint for railway applications like Catenary wire & dropper wire First Inner Grooved Copper Tube facility Planned Capacity : 25 KTPA Thin-walled small diameter grooved tubes for Airconditioning and Refrigeration application • Efficient heat transfer • Withstand higher pressure required by new generation refrigerants First of its kind Recycling facility for Copper and E-waste Planned Capacity : 50 KTPA State-of-the-art Recycling facility for copper and E-waste under appraisal 32 Global & Domestic Specialty Alumina Consumption – a promising outlook Increasing demand for high crystalline alumina and activated alumina products. Advanced Ceramics & C

Financial Strength

Enabler for value enhancing growth Net Debt to EBITDA (x) Consolidated India Business Novelis India Business Debt Maturity Novelis 2850 n M $ S U n i e c n a a B l 776 750 500 FY24 FY25 FY26 Bond FY27 FY28 Term Loan FY29-32 • Comfortable consolidated Net Debt to EBITDA ratio creating balance sheet flexibility to drive growth • Long-dated maturity profile for both Novelis & Hindalco allowing sufficient cushion for funding growth capex • Strong Cash balance of $1.13 billion in Novelis and ₹8,540 crore in Hindalco India at the end of December2022 39 Key Takeaways Financial and operational performance getting adjusted to macro economic challenges in the post covid environment Long Term market outlook across business segments remain intact, while short term headwinds are transitory Our approach to ESG continues to be comprehensive across the entire value chain Our disciplined approach to Capital Allocation and Shareholder returns continues Focus on value enhancing growth through downstream

For Further Queries Please Contact

Subir Sen, Investor Relations Telephone- +91 22 6662 6666 E mail: hilinvestors@adityabirla.com Website: www.hindalco.com Registered Office Ahura Centre, 1st Floor, B Wing Mahakali Caves Road Andheri (East), Mumbai 400 093 Telephone- +91 22 6691 7000 Website: www.hindalco.com E mail: hindalco@adityabirla.com Corporate Identity No. L27020MH1958PLC011238 THANK YOU 41 Annexures Novelis Growth Projects Under Execution (FY24-28) Identified Projects Identified Projects North America Location Location Primary Product Markets Supported Primary Product Markets Supported Capacity(Kt) Capacity (Kt) Cost(US$) Cost (US$) Status/Estimated Commissioning Status / Estimated Commissioning Hot mill debottlenecking & automotive upgrades Oswego, US Specialties, Auto Recycling expansion & upgrades Greensboro, US State-of-the art Automotive Recycling & Casting Centre Guthrie, US Auto Auto Integrated Greenfield Rolling & Recycling Mill Bay Minette, US Can, Auto NEW - Rolling debottlenecking Logan, US Can, Auto