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Alba Signs MoU with NFPA to Strengthen Fire Safety and Occupational Health Measures
Alba Signs MoU with NFPA to Strengthen Fire Safety and Occupational Health Measures

Biz Bahrain

time7 days ago

  • Business
  • Biz Bahrain

Alba Signs MoU with NFPA to Strengthen Fire Safety and Occupational Health Measures

Aluminium Bahrain B.S.C. (Alba), the world's largest aluminium smelter on one site, has entered into a strategic partnership with the National Fire Protection Association® (NFPA®), a global self-funded U.S.-based non-profit organization, dedicated to advancing fire prevention and safety on a global scale for nearly 130 years. The signing ceremony took place between Alba's Chief Executive Officer Ali Al Baqali and NFPA MENA's Director of International Business Development Director Eng. Dana Kamal on 12 May 2025, marking the beginning of a three-year strategic collaboration aimed at enhancing knowledge-sharing and exchanging best practices in occupational health, safety, and fire prevention initiatives. Commenting on the partnership, Alba's CEO Ali Al Baqali stated: 'Joining forces with NFPA translates Alba's ambition to not only be the world's largest aluminium smelter but also a global leader in industrial safety. As the first aluminium smelter in the region and the first manufacturing company in Bahrain to embark on this journey, we are proud to lead the way, learning from the best while sharing our advancements to contribute to a safer and more sustainable industrial world starting from Bahrain.' Adding further, Eng. Dana Kamal, Director, International Business Development MENA at NFPA, said: 'We are proud to work with Alba, one of the world's largest aluminium smelters. This agreement marks a shared commitment to advancing fire and life safety standards within Bahrain's industrial sector. By aligning with the NFPA Fire & Life Safety Ecosystem™, we aim to help Alba maintain high safety standards as it continues to grow its operational footprint.' Through this partnership, Alba and NFPA will jointly develop and implement an action plan that includes hosting awareness forums, training sessions, certification programmes, and conferences to promote best practices in fire safety. Additionally, both organisations will collaborate on alignment of standards related to fire prevention and occupational safety based on shared lessons, research and data analysis.

Alba Expands EternAl™ Low-Carbon Product Line with Verified in-House Carbon Offsets
Alba Expands EternAl™ Low-Carbon Product Line with Verified in-House Carbon Offsets

Biz Bahrain

time20-05-2025

  • Business
  • Biz Bahrain

Alba Expands EternAl™ Low-Carbon Product Line with Verified in-House Carbon Offsets

Aluminium Bahrain B.S.C. (Alba), the world's largest smelter on one site, has expanded its EternAl™ low carbon product line with the groundbreaking launch of 'EternAl-AC' – a new product series incorporating verified carbon offsets that are directly generated from within Alba's own operational efficiencies EternAl-AC offers customers a uniquely transparent and credible path to achieving their carbon reduction targets. By procuring aluminium from this line, customers will gain access to traceable, third-party verified greenhouse gas (GHG) offsets originating from Alba's internal sustainability initiatives. The new EternAl-AC series features a user-friendly tiered carbon reduction classification system spanning EternAl-AC0 (net-zero footprint) to AC4 (up to 4 tonnes of CO₂e per tonne), thus providing customers flexibility in selecting optimal low-carbon solutions with clear and verifiable data. Most importantly, the carbon offsets embedded in EternAl-AC are a direct result of GHG savings generated by various projects within Alba's operational boundaries. These reductions are rigorously measured and recorded in accordance with international standards for GHG accounting (ISO 14064-2) and independently verified by a certified independent party. Commenting on this important development, Alba's Chief Executive Officer, Ali Al Baqali, stated: 'Alba is proud to introduce EternAl-AC, a game-changer in the low-carbon aluminium market. By embedding verified carbon offsets generated directly from our own operational improvements, we are offering our customers an unparalleled level of transparency and confidence in their sustainability journey, providing a distinct advantage in a world increasingly focused on carbon accountability. This initiative underscores our proactive commitment to reducing our environmental footprint and empowering our partners to achieve their net-zero ambitions. We also welcome Alueuropa – a leading Spanish aluminium extruder – as our first customer for EternAl-AC, highlighting the growing demand for sustainable aluminium.' Adding further, Marta Colino, Managing Director of Alueuropa stated: 'Sustainability and decarbonisation are among top priorities for our business, and we look forward to using the new low carbon products from Alba which will enable us to meet our targets and serve our clients better.' Launched as part of Alba's broader ESG Roadmap, the EternAl™ product line debuted in May 2024 with two initial variants in its recycled content series: EternAl-30 and EternAl-15, containing 30% and 15% recycled scrap metal respectively. This series was later expanded to include EternAl-20 and EternAl-50, featuring 20% and 50% of recycled content, further contributing to emissions reduction within Alba and across its aluminium value chain.

Alba Reports its Financial Results for the First Quarter of 2025
Alba Reports its Financial Results for the First Quarter of 2025

Biz Bahrain

time14-05-2025

  • Business
  • Biz Bahrain

Alba Reports its Financial Results for the First Quarter of 2025

Aluminium Bahrain B.S.C. (Alba) (Ticker Code: ALBH), the world's largest aluminium smelter on one site, has reported a Profit of BD18.1 million (US$48.2 million) for the first quarter of 2025, a drop of 25.9% Year-over-Year (YoY), versus a Profit of BD24.5 million (US$65 million) for the same period in 2024. The Company reported Basic and Diluted Earnings Per Share of fils 13 for Q1 2025 versus fils 17 for the same period in 2024. Total Comprehensive Income for Q1 2025 stood at BD16.8 million (US$44.7 million) versus BD27.7 million (US$73.6 million) for the same period in 2024 – a drop of 39.4% YoY. Gross Profit for Q1 2025 was BD50.8 million (US$135.1 million) versus BD 57.3 million (US$152.3 million) for the same period in 2024 – down by 11.3% YoY. With regards to the Revenue from contracts with customers, Alba generated BD408.9 million (US$1,087.6 million) versus BD334.6 million (US$889.8 million) in Q1 2024 – up by 22.2% YoY. Total Equity as of 31 March 2025 stood at BD1,902.7 million (US$5,060.4 million), down by 1.1%, versus BD1,923.9 million (US$5,116.9 million), as of 31 December 2024. Alba's Total Assets as of 31 March 2025 were BD2,706.9 million (US$7,199.2 million) versus BD2,673.4 million (US$7,110 million) as of 31 December 2024 – up by 1.25%. Higher LME Price (+20% YoY) and higher premiums (+38% YoY) drove strong top-line performance, increased production costs significantly compressed EBITDA resulting in lower bottom-line. Market Fundamentals [Based on Market Intelligence] Global Market Demand (+2% YoY) Global Economy: Started the year with positive momentum, showing continued growth in commodity demand and signs of easing inflation across major economies. However, the future impact of tariffs on commodity markets remains uncertain. Tariffs: Increased market uncertainty has significantly affected both London Metal Exchange (LME) prices and physical premiums. If trade tensions ease, this could be good for the market. North America: The US economy demonstrated good performance in Q1 driven by consumer spending and a recovering housing market. This domestic performance contributed to a 1% YoY increase in demand. China: Recognising global uncertainties, Chinese policymakers announced measures to facilitate a transition from exports to domestic consumption. As a result, the property sector stabilised with improved new home sales and a reduction in inventory. This internal focus translated into tangible results with aluminium consumption showing 1% year-over-year (YoY) increase. Middle East: Demand grew by 3% YoY, primarily driven by higher consumption in Saudi Arabia (+4% YoY) and Bahrain & UAE (+3% YoY). Europe: Despite a slight easing in inflation, overall consumption remained flat. Global Market Supply (+1% YoY) Global aluminium supply market growth was very limited. While some smelters were ramping-up production, these increases were largely offset by the impact of closures that took place at the end of last year. China: Supply rose by a modest 1% YoY as it's nearing its self-imposed production capacity ceiling of 45 million metric tonnes, making any significant net supply growth from China unlikely. Europe: Production saw a marginal increase of 1% YoY driven by gradual return to full operations of German smelters. North America: Production contracted by 3% YoY primarily due to a 2% YoY decline from Canadian smelters Middle East: Supply down by 1% YoY. Market Balance: As Chinese production is growing at a slower pace than consumption (China continues to hold to its 45 million tonnes annual target), the global market shows a surplus when including China (+253,000 MT) and a deficit when excluding China (-265,000 MT). LME Price & Premiums LME Price averaged US$2,629/t in Q1 2025 (+20% YoY) and was supported by low global inventories of 459,000 MT (down by 17% YoY) and modest supply growth. However, towards the end of Q1, LME prices started to decline given changes in trade policies. Premiums: Following the implementation of tariffs in the US, regional premiums surged by 77% YoY. DDP Rotterdam and MJP premiums up by 17% and 153% YoY respectively mainly due to depletion of inventories and geopolitical factors. Alba Celebrates ESG Achievements and Plans Future Course Safety First. Safety Always o Alba wins six National Safety Council Awards for 2025. o Honoured with Prestigious RoSPA Life President Award for Unparalleled Safety Excellence. o Launched plant-wide Safety and Health Campaign 'Be an Albawee in Ramadan'. Empowering People o 56 national employees completed Alba's 'Al Jisr' training & development programme. o Promoted 3 Bahraini talent to key managerial positions. o Celebrated promotion of 2,082 Bahraini employees over the past 5 years and 87% Bahrainisation rate. o 15 exceptional employees, including 7 women, were recognised with the 'Inspirational Employee of the Year' Award. Sustainability & Environmental Stewardship o Embarked on a pilot programme for an electric, battery-powered Aluminium Fluoride (AlF3) feeding vehicle in potlines. o Joined Sea Cargo Charter as its Newest Signatory, Reinforcing Sustainable Shipping Commitment. o Recognised top-performing contracting companies for their top performance in Safety and well-being of workers in Alba. Community Impact o Joined Tamkeen's Open Innovation Program to obtain innovative solutions from Bahraini startups and SMEs – first company in Bahrain to join the Program. Alba's Operational Highlights Despite market challenges, sales volume reached a healthy 374,809 MT, up by 3% YoY. Net Finished Production dipped slightly by 2% YoY to reach 396,866 MT. Value Added Sales (VAP) averaged 71% of total shipments, marking an increase of 5% YoY [VAP: 265,657 MT in Q1'25 versus 252,772 MT in Q1'24]. Achieved savings for e-Al Hassalah at US$30.9 million against 2025 Target of US$60 million. Aluminium Market: Trade Turbulence Casts Shadow Over Short-Term Outlook [Based on Market Intelligence] Market Uncertainty Persists: LME prices dropped rapidly by Q1-end 2025 due to strengthening US dollar and growing concerns about near-term economic activity as trade tensions escalated. Trump's tariffs and the US dollar were key drivers of aluminium price movements, and market sentiment remains fragile due to volatile US trade policies. Demand Outlook: High tariffs threaten demand despite initial positive indicators. While extreme US tariffs, especially on China, are likely to persist, they will likely cause global inflationary pressure. Supply Conditions: Modest growth in Chinese aluminium output expected due to smelters' restarts and ramp-ups. Production outside China will also likely increase with capacity expansions in India and Russia. Premium Outlook: MJP Q2 settled at US$182/t (down by US$46/t from Q1). European premiums declines are due to anticipated redirection of US-bound metal. Midwest premium is expected to eventually increase to attract more metal to the US. LME Price Forecast: Near-term LME prices are projected to range between US$2,300/t and US$2,450/t. Alba: Safe, Sustainable, Successful Leading the Way: Safety First, Sustainability Always o Aligned with Bahrain's 2060 vision of net-zero emissions, Alba embeds sustainability from raw material sourcing to product delivery, minimising environmental footprint. Operational Excellence and Growth o Exceed 2024 Net Finished Production of 1,622,261 MT. o Achieve e-Al Hassalah 2025 Target of US$60 million, progressing towards 2026 Target of US$150 million. Capacity Expansion and Efficiency Enhancement o Leverage its industry-leading certifications such as Aluminium Stewardship Initiative (ASI), EcoVadis and Low-Carbon Aluminium EternAlTM to penetrate new markets & boost Value Added Sales (VAP) sales. o Complete Solar Farm (+6 MW) to enhance green energy utilisation. o Establish Alba Daiki Sustainable Solutions (ADSS) for aluminium dross processing by September 2026. o Complete Feasibility Study for the New Replacement Line which will replace Reduction Lines 1-3. Commenting on the Company's performance for the first quarter of 2025, the Chairman of Alba's Board of Directors, Khalid Al Rumaihi stated: 'Alba's Q1 2025 results underscore the fundamental strength and operational efficiency of our business. While our reported Profit reflects the significant impact of higher alumina prices, it's important to recognise that had these prices remained at previous levels, Alba would have undoubtedly achieved an unparalleled financial performance, demonstrating our inherent earnings potential.' Alba's Chief Executive Officer, Ali Al Baqali, added: 'Despite the prevailing global geopolitical tensions, Q1 2025 was a landmark period for Alba marked by many firsts: we recorded the highest sales volume, achieved a record Value Added Sales percentage and most importantly, delivered our best safety performance ever in the Company's history. These firsts are a direct result of the commitment and operational excellence exhibited by the entire Alba team.' Alba Management will hold a conference call on Wednesday 14 May 2025 at 4PM Bahrain Time to discuss the Company's financial and operational performance for Q1 2025 and outline its strategic priorities moving forward.

Alba sets regional benchmark as first Middle East smelter to adopt AI-powered Seeq platform
Alba sets regional benchmark as first Middle East smelter to adopt AI-powered Seeq platform

Zawya

time27-04-2025

  • Business
  • Zawya

Alba sets regional benchmark as first Middle East smelter to adopt AI-powered Seeq platform

Manama, Bahrain – Aluminium Bahrain B.S.C. (Alba), the world's largest aluminium smelter on one site, cements its position as a regional leader in industrial innovation by becoming the first aluminium smelter in the Middle East to adopt cutting-edge AI-powered analytics platform Seeq. This strategic partnership with Saudi Arabia's Crucial Solutions and Services (CSS) will see the integration of Seeq to revolutionise Alba's operational efficiency, quality control, and asset reliability through advanced Artificial Intelligence (AI) and Machine Learning (ML). Held on 27 April 2025 at Alba's premises, the signing ceremony was attended by Alba's Chief Executive Officer, Ali Al Baqali, and CSS Chief Executive Officer and Founder, Sulaiman Alzuhair, in the presence of senior executives from both organisations. Commenting on this partnership, Alba CEO Ali Al Baqali stated: "Since its inception in 1971, Alba has always been synonymous with scale and quality. Today, we are adding another dimension: intelligent operations. By becoming the first smelter in the Middle East to implement Seeq's cutting edge platform, we are not just improving our processes, we are establishing a new benchmark for innovation and efficiency that we believe will inspire the entire regional industry.' On his part, CSS CEO and Founder Sulaiman Alzuhair added: 'We are proud to partner with Alba in this milestone achievement. At CSS, we believe that harnessing the power of advanced analytics and AI is key to driving industrial excellence and operational resilience. Together, through the adoption of Seeq, Alba will empower its teams with deeper insights, faster decision-making and achieve greater efficiency -- shaping the future not just for the aluminium industry, but for the broader industrial sector across the region.' Seeq platform enables users to access, cleanse, model, and visualise data from manufacturing systems to uncover insights and improve decision-making. Through its purpose-built applications, Seeq supports rapid analysis, collaboration, and sharing of insights that help organisations optimise efficiency and performance. -Ends- About Aluminium Bahrain B.S.C. (Alba) [Ticker: ALBH] A Global Aluminium Leader: At plus-1.62 million metric tonnes per annum (mtpa) (2024), Alba is a world-leading aluminium smelter with a proud 50-year legacy in operational excellence, safety, environmental responsibility, and community development. Trusted Partner: A cornerstone of the Bahrain's economy, Alba produces high-quality aluminium, including standard and value-added products, which are exported to over 280 customers globally. With sales' offices in Europe (Zurich), Asia (Singapore), and a subsidiary in the U.S., Alba is a reliable partner on the world stage. Alba is dually listed on Bahrain Bourse and London Stock Exchange and its shareholders are Bahrain Mumtalakat Holding Company B.S.C. © (69.38%), Saudi Arabian Mining Company (Ma'aden) (20.62%) and General Public (10%). Alba prioritises the highest quality standards, reflected in its certifications: ISO 9001 (quality), ISO 14001 (environment), ISO 27001 (information security), ISO 45001 (occupational health and safety), and ISO 18788 (security operations management). Additionally, Alba demonstrates its commitment to responsible manufacturing through certifications like IATF 16949 (automotive quality), ISO 22301 (business continuity), and ASI Performance and Chain of Custody Standards. This dedication is further underscored by their top 1% Ecovadis Platinum rating for sustainability. Pioneering Sustainability: As the first aluminium smelter in the Middle East, Alba is central to Bahrain's thriving downstream aluminium sector, contributing significantly to the Kingdom's GDP. Committed to social responsibility, Alba employs a workforce that is 87% Bahrainis (2024) and invests heavily in employee training and development. Alba also plays a crucial role in the Aluminium Downstream Park, therefore increasing the contribution of non-oil sectors to the GDP of Bahrain. Alba has been recognised for its initiatives to produce Aluminium responsibly through awards such as Top ESG performer in Bahrain by ESG Invest, Safeguard Label from Bureau Veritas and Best Corporate Governance Award by Ethical Boardroom. Recognised for its environmental practices, social contributions, and corporate governance, Alba launched a comprehensive ESG Roadmap in 2022 focusing on 6 priority areas: (1) Decarbonisation, (2) Green Energy & Aluminium, (3) Circular Economy & Secondary Aluminium, (4) Employee Welfare, (5) Collaboration & Partnership and (6) Transparency, Communications & Due Diligence. Since its inception, Alba has invested into numerous environment, sustainable and socio-economic development projects that have had a positive impact on the society. Alba's first-of-its-kind US$37.5 million zero-waste Spent Pot Lining Treatment Plant, Power Station 5 Block 4 Project, and the upcoming +6 MW Solar Farm Project are tangible initiatives aligned with Bahrain's Net Zero Carbon Targets by 2060 led by HRH the Crown Prince and Prime Minister of Bahrain. Specifically, Alba's PS5 Block 4 is a new 680.9-megawatt (MW) combined-cycle power plant that expands the existing PS5 facility. Block 4 will increase the nameplate capacity of PS5 Complex from 1,800 MW to 2,481 MW and reduce the Company's overall GHG emissions intensity ratio by 0.5 tonnes of CO2 per 1 tonne of aluminium produced. In a significant step towards its ESG goals, particularly its commitment to a circular economy and secondary aluminium, Alba introduced EternAlTM, its new line of low-carbon aluminium products. Launched in May 2024, EternAl offers two initial variants: EternAl-30 and EternAl-15, containing 30% and 15% recycled content respectively. Safety First, Always: Guided by the motto "Safety First, Safety Always," Alba prioritises the well-being of its employees and contractors. The Company achieved a record-breaking 34 million safe working hours without a lost-time injury in March 2025. The Company has been recognised internationally for its excellent Safety and Health track record with awards such as the RoSPA President's Award for winning RoSPA Gold Medal Award 10 years in a row, the British Safety Council's International Safety Award with Merit along with 4-Star Audit Rating, as well as numerous awards from the National Safety Council (NSC). About Crucial Solutions & Services (CSS) CSS is one of the leading providers of advanced technology solutions across the GCC and broader MENA region. Established in 2006, CSS has been dedicated to delivering cutting-edge technologies and innovative professional services to a wide range of industries. Through strategic partnerships with leading international organizations, CSS has built a comprehensive portfolio of turnkey solutions tailored to the evolving needs of heavy industries, including Oil and Gas, Petrochemicals, Power and Water, Mining, and Metals. CSS differentiates itself through high-performance engineering applications and digital innovations, with expertise in advanced analytics, artificial intelligence (AI), and machine learning (ML). Its solutions address critical challenges such as data automation, real-time visualization, performance optimization, process efficiency, and business intelligence. Backed by a highly trained local team of engineers and system integrators, CSS supports clients through every stage of the project lifecycle; from initial consultation and system design to engineering and full deployment; delivering measurable improvements in operational efficiency and business performance. For more information, please visit Alba Stakeholder Engagement Plan Alba prioritises open communication with all its stakeholders, including the community, environmental and social groups. Through its Stakeholder Engagement Plan, the Company proactively addresses environmental and social impacts of its operations, outlining clear mitigation controls. Alba also maintains an external Grievance Mechanism accessible through the Code of Conduct, allowing stakeholders and the public to voice concerns and raise issues. Alba's External Grievance Mechanism Alba prioritises ethical conduct and environmental responsibility. Stakeholders, employees, contractors, and the community can confidentially report any potential breaches of Alba's Code of Conduct or raise concerns about environmental and social impacts through the Alba Integrity Line. This independent, multilingual hotline operates 24/7 and is accessible via a toll-free phone number, the company intranet, or the website at For further details, please contact: Eline Hilal Director, Investor Relations, Insurance & Corporate Secretary Investor Relations Department E-mail: Website: Follow us on:

Alba hosts key clients and suppliers for Formula 1 Gulf Air Bahrain Grand Prix 2025
Alba hosts key clients and suppliers for Formula 1 Gulf Air Bahrain Grand Prix 2025

Zawya

time13-04-2025

  • Automotive
  • Zawya

Alba hosts key clients and suppliers for Formula 1 Gulf Air Bahrain Grand Prix 2025

Aluminium Bahrain B.S.C. (Alba), the world's largest aluminium smelter on one site, welcomed key customers and suppliers from Bahrain and across the globe to the Formula 1 Gulf Air Bahrain Grand Prix 2025, held from 11-13 April 2025 at the Bahrain International Circuit (BIC). Alba's guests represented key markets, including the Middle East, Asia, Europe, and the Americas, and experienced the exciting three-day event while exploring some of Bahrain's top attractions, such as the Bahrain National Museum. Alba also organised a comprehensive plant tour to introduce visitors to its smelting operations and showcase its commitment to sustainability. As a gesture of appreciation, Alba also distributed tickets to over 3,100 employees giving them the opportunity to attend this prestigious motor racing event. -Ends- About Aluminium Bahrain B.S.C. (Alba) A Global Aluminium Leader: At plus-1.62 million metric tonnes per annum (mtpa) (2024), Alba is a world-leading aluminium smelter with a proud 50-year legacy in operational excellence, safety, environmental responsibility, and community development. Trusted Partner: A cornerstone of the Bahrain's economy, Alba produces high-quality aluminium, including standard and value-added products, which are exported to over 280 customers globally. With sales' offices in Europe (Zurich), Asia (Singapore), and a subsidiary in the U.S., Alba is a reliable partner on the world stage. Alba is dually listed on Bahrain Bourse and London Stock Exchange and its shareholders are Bahrain Mumtalakat Holding Company B.S.C. © (69.38%), Saudi Arabian Mining Company (Ma'aden) (20.62%) and General Public (10%). Alba prioritises the highest quality standards, reflected in its certifications: ISO 9001 (quality), ISO 14001 (environment), ISO 27001 (information security), ISO 45001 (occupational health and safety), and ISO 18788 (security operations management). Additionally, Alba demonstrates its commitment to responsible manufacturing through certifications like IATF 16949 (automotive quality), ISO 22301 (business continuity), and ASI Performance and Chain of Custody Standards. This dedication is further underscored by their top 1% Ecovadis Platinum rating for sustainability. Pioneering Sustainability: As the first aluminium smelter in the Middle East, Alba is central to Bahrain's thriving downstream aluminium sector, contributing significantly to the Kingdom's GDP. Committed to social responsibility, Alba employs a workforce that is 87% Bahrainis (2024) and invests heavily in employee training and development. Alba also plays a crucial role in the Aluminium Downstream Park, therefore increasing the contribution of non-oil sectors to the GDP of Bahrain. Alba has been recognised for its initiatives to produce Aluminium responsibly through awards such as Top ESG performer in Bahrain by ESG Invest, Safeguard Label from Bureau Veritas and Best Corporate Governance Award by Ethical Boardroom. Recognised for its environmental practices, social contributions, and corporate governance, Alba launched a comprehensive ESG Roadmap in 2022 focusing on 6 priority areas: (1) Decarbonisation, (2) Green Energy & Aluminium, (3) Circular Economy & Secondary Aluminium, (4) Employee Welfare, (5) Collaboration & Partnership and (6) Transparency, Communications & Due Diligence. Since its inception, Alba has invested into numerous environment, sustainable and socio-economic development projects that have had a positive impact on the society. Alba's first-of-its-kind US$37.5 million zero-waste Spent Pot Lining Treatment Plant, Power Station 5 Block 4 Project, and the upcoming +6 MW Solar Farm Project are tangible initiatives aligned with Bahrain's Net Zero Carbon Targets by 2060 led by HRH the Crown Prince and Prime Minister of Bahrain. Specifically, Alba's PS5 Block 4 is a new 680.9-megawatt (MW) combined-cycle power plant that expands the existing PS5 facility. Block 4 will increase the nameplate capacity of PS5 Complex from 1,800 MW to 2,481 MW and reduce the Company's overall GHG emissions intensity ratio by 0.5 tonnes of CO2 per 1 tonne of aluminium produced. In a significant step towards its ESG goals, particularly its commitment to a circular economy and secondary aluminium, Alba introduced EternAlTM, its new line of low-carbon aluminium products. Launched in May 2024, EternAl offers two initial variants: EternAl-30 and EternAl-15, containing 30% and 15% recycled content respectively. Safety First, Always: Guided by the motto "Safety First, Safety Always," Alba prioritises the well-being of its employees and contractors. The Company achieved a record-breaking 33 million safe working hours without a lost-time injury in March 2025. The Company has been recognised internationally for its excellent Safety and Health track record with awards such as the RoSPA President's Award for winning RoSPA Gold Medal Award 10 years in a row, the British Safety Council's International Safety Award with Merit along with 4-Star Audit Rating, as well as numerous awards from the National Safety Council (NSC). Alba Stakeholder Engagement Plan Alba prioritises open communication with all its stakeholders, including the community, environmental and social groups. Through its Stakeholder Engagement Plan, the Company proactively addresses environmental and social impacts of its operations, outlining clear mitigation controls. Alba also maintains an external Grievance Mechanism accessible through the Code of Conduct, allowing stakeholders and the public to voice concerns and raise issues. Alba's External Grievance Mechanism Alba prioritises ethical conduct and environmental responsibility. Stakeholders, employees, contractors, and the community can confidentially report any potential breaches of Alba's Code of Conduct or raise concerns about environmental and social impacts through the Alba Integrity Line. This independent, multilingual hotline operates 24/7 and is accessible via a toll-free phone number, the company intranet, or the website at For further details, please contact: Eline Hilal Director, Investor Relations, Insurance & Corporate Secretary Investor Relations Department E-mail: Website: Follow us on:

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