Norsk Hydro Asa · OSL:NHY
Norsk Hydro Asa — Bank of America ML Conference 2023
7 slides from Norsk Hydro Asa's conference presentation, May 17, 2023
Slide 1: Norsk Hydro ASA – Bank of America ML Conference
Norsk Hydro ASA Bank of America ML Conference Hilde Merete Aasheim, President & CEO May 17, 2023
Slide 2: The green shift is driving the demand for low-carbon and recycled aluminium
The green shift is driving the demand for low-carbon and recycled aluminium Demand for greener aluminium expected to Customers increasingly demanding greener aluminium outpace general demand growth towards 2030 ’22 -’30 CAGR Examples: Scope 3 reduction targets and aluminium commitments CO2e neutral
Slide 3: Hydro has a unique position in this new reality
Hydro has a unique position in this new reality Robust and resilient whilst balancing geopolitical uncertainty and greener demand Already in the market with Long-term renewable Strong primary aluminium Rapidly increasing leading low-carbon offerings power coverage and alumina cost-position recycling
Slide 4: We have a roadmap to net-zero aluminium products
We have a roadmap to net-zero aluminium products The technology roadmap aims for industrial pilot volumes by 2030 Energy transition in Carbon Capture and HalZero Recycling Brazil Storage Transitioning from heavy fuel Decarbonizing existing Next generation primary Technologies for increasing oil to n
Slide 5: Preferred partner on the path to zero
Preferred partner on the path to zero • Hydro is shaping the market for low- and zero- emission aluminium through strategic partnerships • Our integrated value chain and credibility through transparency is a competitive advantage • Concrete partnerships have been made with Mercedes-Benz, Polestar an
Slide 6: Why invest in Hydro?
Why invest in Hydro? Good track record on relative shareholder Low and robust cost position with Well positioned to supply positive demand value creation ambition to improve outlook for greener aluminium Stock price index / TSR 1st 400 quartile cost position AM 350 300 Low 250 carbon footprint 200 1
Slide 7: Hydro – Industries that matter
Hydro Industries that matter