Alum Sa · BVB:BBGA

Alum Sa — Investor Presentation (December 2017)

5 slides from Alum Sa's investor presentation, Dec 21, 2017

1. Slide 1: Budget Presentation - ALUM 2018

   BUDGET PRESENTATION - ALUM 2018 As of December, 2017

2. Slide 2: Content

   Content: 1. Targets for 2018 2. Revenues and expenses budget for 2018

3. Slide 3: 1. Targets for 2017

   1. Targets for 2017 Production of 472.700 tons of calcined alumina Sales of 402.921 tons of calcined alumina to Alro, 69.600 tons of calcined alumina and 78.000 tons aluminum hydroxide to other clients; Achieving sales revenues in amount of 191 million usd; Positive result in amount of 5,9 milli

4. Slide 4: 1. Targets for 2018 - sales

   1. Targets for 2018 - sales Budget 2018 Forecast 2017 to % to % Calcined alumina Alro 402.921 77% Calcined alumina Alro 393.165 83% Calcined alumina other clients 69.600 13% Calcined alumina other clients 39.156 8% Aluminum hydroxide (equiv. alumina) 48.447 9% Aluminum hydroxide (equiv. alumina) 41.

5. Slide 5: 2. Revenues and expenses budget for 2018

   2. Revenues and expenses budget for 2018 Proje cte d Income State me nt for 2018 um Fore cast 2017 Budge t 2018 EXCHANGE RATE ron/usd 4,036 4,000 Production tons 468.098 522.000 Ope rational activity : Re ve nue s from product sale s 156.347.104 190.892.830 Ope rational e xpe nditure s : usd 150.668

Alum — Investor Presentation (December 2017) on 6ix