United Company RUSAL, international public joint-stock company (the "Company") – Notice of Publication of the 2024 Annual Report of the Company (the "Current Corporate Communications") The Company's Sustainability Report is published in electronic form only under the Investors section of the Company's website at www.rusal.com . If you wish to receive a printed copy of the Sustainability Report, please send your written request to the Company c/o the Hong Kong Branch Share Registrar by post at the aforementi ...

Dear Shareholder, 29 April 2025 United Company RUSAL, international public joint-stock company (the "Company") – Notice of Publication of 2024 Annual Report of the Company (the "Current Corporate Communications") The English and Chinese versions of the Company's Current Corporate Communications and Sustainability Report are available on the Company's website at www.rusal.com and the website of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") at www.hkexnews.hk, or the arranged printed form(s) ...

Financial Performance - Revenue for 2024 was $12,082 million, a decrease of 1.1% from $12,213 million in 2023[8] - Adjusted EBITDA for 2024 was $1,494 million, significantly up from $786 million in 2023, reflecting an EBITDA margin of 12.4%[8][9] - Adjusted net profit for 2024 was $983 million, with an adjusted net profit margin of 8.1%, compared to $786 million and 0.6% in 2023[8] - The adjusted net profit for 2024 was $1,330 million, compared to $702 million in 2023, showing a strong recovery in profitability[9] - The total sales cost has decreased by 3%[50] Production and Capacity - The company produced 4.0 million tons of aluminum in 2024, an increase from 3.8 million tons in 2023[20] - The total assets of the company reached $22,201 million in 2024, up from $21,464 million in 2023[10] - The total rated capacity of the company's aluminum smelters is 4,205 thousand tons, with an overall utilization rate of 95%[83] - The company operates eight alumina refineries with a total rated capacity of 16,949 thousand tons, achieving a utilization rate of 38%[86] - The company operates seven bauxite mines with a total rated capacity of 22,000 thousand tons and an overall utilization rate of 89%[89] Environmental Initiatives - The company aims to reduce greenhouse gas emissions per ton of metal produced by at least 23% by 2035 and by at least 47% by 2050 compared to 2018 levels[32] - The company is focused on enhancing high-value-added products and maintaining its position as a low-carbon footprint aluminum producer[47] - 100% of Rusal's aluminum production meets low carbon aluminum standards, with a total of 8.7 million verified carbon units from five climate protection projects[51] - The company has committed to sustainable development principles, emphasizing resource efficiency and promoting a circular economy[150] - The company has reported no significant environmental pollution incidents at any of its locations or facilities as of December 31, 2024[159] Strategic Projects and Investments - The BEMO project includes a 3,000 MW hydropower plant and an aluminum smelter with an annual capacity of 292,000 tons, indicating significant expansion plans[30] - The company has completed a strategic investment in Hebei Wenfeng, a Chinese alumina producer, to enhance raw material independence[48] - The company is developing a new inert anode electrolysis design aimed at achieving the lowest carbon footprint globally, with 5,300 tons of aluminum produced using this technology[25] - The company plans to expand primary aluminum production capacity and downstream production, including aluminum wheel production[119] - The company is developing battery materials, specifically through a joint project with Rosatom on the Kolmozerskoye lithium deposit and establishing a battery technology center in St. Petersburg[118] Compliance and Governance - The compliance system has been certified according to ISO 37301:2021 and ISO 37001:2016, with the company rated AAA+ for anti-corruption measures[166] - The company has implemented a new conflict of interest policy in 2024 to mitigate corruption risks[161] - The company has established an internal compliance committee to enhance compliance risk control and ensure adherence to regulatory obligations[163] - The company has trained employees on compliance policies, particularly focusing on sanctions and corruption risks in 2024[162] - The company has received the highest ESG ratings, including an "A-" rating from the China market ESG rating agency[126] Social Responsibility and Community Engagement - In 2024, the company plans to implement significant social investment projects focused on enhancing urban attractiveness and social effects[170] - The company has established priority social investment areas for 2024-2026 based on employee feedback and current social investment needs[171] - A total of 2,119 corporate volunteers participated in environmental activities, planting 3,009 trees and shrubs across 22 cities[173] - The company raised 1,850,120 rubles through various charitable activities involving local communities and businesses[173] - The company signed 20 social and economic cooperation agreements with municipal and regional authorities, totaling 3.1 billion rubles, funding over 90 projects valued at more than 584.5 million rubles[183] Safety and Operational Efficiency - The company achieved a lost time injury rate of approximately 0.15 per 200,000 hours worked in 2024, matching the previous year's rate and remaining below the global aluminum industry average of 0.26[193] - The company emphasizes constructive dialogue with stakeholders to address safety production and industrial safety issues[191] - The company aims for zero fatalities by 2030 as part of its industrial safety strategy adopted in September 2022[193] - The company successfully implemented a new RA-550 electrolyzer at Sayanogorsk aluminum smelter, achieving energy consumption below 12,800 kWh per ton and fluoride emissions below 0.15 kg per ton[198] - The RA-550 electrolyzer design improvements are expected to reduce refractory material costs by 40% to 60% and increase production efficiency by 50%[198]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不會對因本公告全部或任何部分內容而產生或因倚賴該等 內容而引致的任何損失承擔任何責任。 UNITED COMPANY RUSAL, INTERNATIONAL PUBLIC JOINT-STOCK COMPANY （根據澤西法律註冊成立的有限公司並在俄羅斯聯邦存續的國際公司） （股份代號：486） 股東要求召開股東特別大會之更新 茲提述United Company RUSAL, international public joint-stock company（「本公 司」）日期為二零二五年四月二十二日內容有關要求函件的公告（「該公告」）。除本公 告另有所指者外，本公告所用詞彙與該公告所界定者具有相同涵義。 經考慮要求函件，董事會已根據本公司章程，於二零二五年四月二十五日舉行的董 事會會議上議決於二零二五年六月二日召開股東特別大會（如該公告所披露，確定 有權參與股東特別大會的人士的記錄日期為二零二五年五月八日）。 誠如要求函件所述，SUAL要求董事會就將載於股東特別大會議程的下列事宜召開 ...

UNITED COMPANY RUSAL, INTERNATIONAL PUBLIC JOINT-STOCK COMPANY （根據澤西法律註冊成立的有限公司並在俄羅斯聯邦存續的國際公司） （股份代號：486） 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示概不對因本公告全部或任何部分內容而產生或因倚賴該等內容 而引致的任何損失承擔任何責任。 為及代表 United Company RUSAL, international public joint-stock company 總經理、執行董事 Evgenii Nikitin 二零二五年四月二十四日 – 1 – 於本公告之日期，董事會成員如下：執行董事為Evgenii Nikitin先生、Natalia Albrekht女士及Elena Ivanova女士，非執行董事為Vladimir Kolmogorov先生、Semen Mironov先生及Aleksander Danilov 先生，以及獨立非執行董事為Christopher Burnham先生、Liudmila Galenskaia ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不會對因本公告全部或任何部分內容而產生或因倚賴該等 內容而引致的任何損失承擔任何責任。 UNITED COMPANY RUSAL, INTERNATIONAL PUBLIC JOINT-STOCK COMPANY （根據澤西法律註冊成立的有限公司並在俄羅斯聯邦存續的國際公司） （股份代號：486） 股東要求召開 股東特別大會 及記錄日期 United Company RUSAL, international public joint-stock company（「本公司」）宣 佈，於二零二五年四月二十一日，本公司收到由「SUAL Partners」 ILLC（「SUAL」） （本公司主要股東）發出的要求函件原件（「要求函件」），內容有關要求本公司董事會 （「董事會」）召開本公司股東特別大會（「股東特別大會」）。 根據要求函件，SUAL要求董事會召開股東特別大會以提供若干與本公司有關的文 件，有關詳情將載於本公司通函。 董事會會議將於二零二五年四月二十五日舉行以考慮要求函件及召開股東特別大 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不會對因本公告全部或任何部分內容而產生或因倚賴該等 內容而引致的任何損失承擔任何責任。 UNITED COMPANY RUSAL, INTERNATIONAL PUBLIC JOINT-STOCK COMPANY （根據澤西法律註冊成立的有限公司並在俄羅斯聯邦存續的國際公司） （股份代號：486） 股東要求召開股東特別大會之更新 茲提述United Company RUSAL, international public joint-stock company（「本公 司」）日期為二零二五年四月十四日的公告（「該公告」），內容有關要求函件。除本公 告另有所指者外，本公告所用詞彙與該公告所界定者具有相同涵義。 經考慮要求函件，董事會已根據本公司章程，於二零二五年四月十八日舉行的董事 會會議上議決於二零二五年五月二十六日召開股東特別大會（如該公告所披露確定 有權參與股東特別大會的人士的記錄日期為二零二五年五月二日）。 為及代表 於本公告之日期，董事會成員如下：執行董事為Evgenii Niki ...

听音状态在主讲嘉宾发言结束后将留有提问时间下面有请主讲老师沐老师发言谢谢好的 那我们可以看到这里的话呢 美俄的关系是有所缓和了的然后像在上周的时候 其实普京也是在接受记者访谈的时候有说到那可能后面俄罗斯是准备要向美国市场供应200万吨的这个铝那么今天的话呢 我们也是在这里主要是从俄罗斯 然后美国 中国 然后包括欧盟这几个方面来思考分析一下这个问题吧 然后可能还可以有相应数量的铝完全可以接受的市场价格供应到美国的一些国内市场所以从这个描述上来看我觉得可能俄罗斯这边更倾向的是用自身的这种资源条件来吸引美国公司到俄罗斯来进行一些联合投资或者说是去开展业务 那其实在整个这个全球供应链深度调整的一个大背景之下,那像铝这边的话,不管我们讲是绿色铝也好,还是低碳铝也好,都是未来市场竞争的一个关键方向了。那如果说铝可以重新成功地返回美国市场的话呢,并且如果说它们可以合作在这种绿色低碳铝上面取得一些技术上的突破, 但是其实我们如果从往年的一些数据上来看,就是美国从俄罗斯进口这个铝合金的这个进口量,那最高的一个高峰值大概是在1617年的时候差不多是70万吨左右的一个量。 然后可能还是要先来看一下就是我们这个普及语言话题说的哪些内 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不會對因本公告全部或任何部分內容而產生或因倚賴該等 內容而引致的任何損失承擔任何責任。 UNITED COMPANY RUSAL, INTERNATIONAL PUBLIC JOINT-STOCK COMPANY （根據澤西法律註冊成立的有限公司並在俄羅斯聯邦存續的國際公司） （股份代號：486） 股東要求召開 股東特別大會、 記錄日期及 董事會會議日期 United Company RUSAL, international public joint-stock company（「本公司」）宣 佈，於二零二五年四月十四日，本公司收到由「SUAL Partners」 ILLC（「SUAL」） （本公司主要股東）發出的要求函件原件（「要求函件」），內容有關要求本公司董事會 （「董事會」）召開本公司股東特別大會（「股東特別大會」）。 根據要求函件，SUAL要求董事會召開股東特別大會以根據二零二五年第一季度的 業績分派（宣派）股息（「要求議程」）。 為及代表 United Company RUS ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示概不對因本公告全部或任何部分內容而產生或因倚賴該等內容 而引致的任何損失承擔任何責任。 自願公告 仲 裁 本公告乃United Company RUSAL, international public joint-stock company（「本公 司」）作出之自願公告。 如本公司於二零二四年十二月三日發佈的海外監管公告所披露，於二零二四年十一 月，本公司主要股東「SUAL Partners」ILLC（「Sual」）已向加里寧格勒州仲裁法院對 本公司提起仲裁程序，請求確認本公司董事會有關舉行本公司股東特別大會的決議 無效。 本公司特此公告，加里寧格勒州仲裁法院已於二零二五年四月二日作出裁決，駁回 Sual召開本公司股東特別大會的申請。 為及代表 UNITED COMPANY RUSAL, INTERNATIONAL PUBLIC JOINT-STOCK COMPANY （根據澤西法律註冊成立的有限公司並在俄羅斯聯邦存續的國際公司） （股份代號：486） United Company RUSAL ...