Press Metal Annual Report 2024

6 Press Metal Aluminium Holdings Berhad SECTION 1 • PRESS METAL AT A GLANCE OUR KEY STRENGTHS Smelting Capacity 1.08 million MT Extrusion Capacity 230k MT INTEGRATED ALUMINIUM OPERATIONS RESPONSIBLE ALUMINIUM PRODUCTION • As the largest integrated aluminium producer in SEA, we operate with a robust midstream smelting capacity of 1.08 million metric tonnes per annum and a downstream extrusion segment capable of producing 230,000 metric tonnes per annum. These capacities position us at the forefront of the aluminium industry in the region. • In our upstream investments, we have holdings in two (2) alumina refineries – PT Bintan Alumina Indonesia (“PT BAI”) in Indonesia and the Worsley Alumina Unincorporated Joint Venture in Australia. In September 2024, we announced an equity participation of 80% in a new alumina refinery, PT Kalimantan Alumina Nusantara (“PT KAN”) in Indonesia, which is expected to be completed by 2027. • Our upstream expansion is expected to reinforce and continuously strengthen our leading position as the largest smelter in SEA and boost our competitive edge across the aluminium value chain. It is an effective approach towards expanding our upstream presence while ensuring higher self-sufficiency and a stable supply of our alumina needs, which are critical to our core smelting operations. This will also reduce our reliance on third-party suppliers and traders, ensuring greater operational resiliency and efficiency. • Additionally, we have also invested in Shandong Sunstone & PMB Carbon Ltd., Co in China to secure a stable and reliable supply of carbon anodes. Together, these upstream investments strengthen our supply chain resilience and operational efficiency. • As the largest integrated aluminium producer in SEA, our substantial growth has allowed us to serve a diverse customer base not only in the region but across Europe, US, Asia-Pacific and Oceania, underscoring our capabilities to meet the varied demands of global markets. • Consistently operating well below the threshold of 11 metric tonnes of CO2e per metric tonne of aluminium (Mine to Metal Emissions intensity), our smelting facilities comply with the GHG emissions intensity benchmark established by the ASI. • In recognition of our dedication to sustainable aluminium manufacturing, our smelting facilities in Sarawak — Press Metal Bintulu Sdn. Bhd. (“PMBtu”) and Press Metal Sarawak Sdn. Bhd. (“PMS”) — and our extrusion facility in China, Press Metal International Limited (“PMI”), have been awarded the ASI Performance Standard certifications. • As a low-carbon aluminium producer, Press Metal positions itself as the preferred supplier of choice for trending industries that actively seek sustainable materials for their products. • Our commitment to sustainability is exemplified through our GEM™ series, a low-carbon aluminium product that emits less than 4.0 metric tonnes of CO2e per metric tonne of aluminium (Scope 1 and Scope 2 GHG emissions), underscoring our dedication to delivering a sustainable solution to the global market. • Introduced CYCAL™ billet, which integrates GEM™ with high content of recycled aluminium, is offered in 50% (CYCAL™ 50) and 80% (CYCAL™ 80) recycled aluminium content respectively. The CYCAL™ series offers optimal balance of quality and reduced carbon emissions, further enhancing our commitment to sustainable aluminium production. Received Performance Standard certification from ASI for our smelting facilities, PMBtu and PMS, and extrusion facility, PMI Received Chain of Custody certification from ASI for our smelting facility, PMBtu

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