En+ 2025 Consolidated Report

About En+

№ 1

En+ Group is the largest producer of low-carbon aluminium globally outside of China

5.3 %

of the world’s aluminium production

19.5 GW

total installed electrical capacity

65.3 TWh

low-carbon hydropower production

En+ Group is a market-leading, vertically integrated low-carbon aluminium and hydropower producer.

Key

Metals segment

Aluminium smelters
Alumina refineries
Bauxite mines

Power segment

HPP
CHP
Solar power plant

Other

Key Advantages of En+

Vertically integrated business model

Favourable market conditions

High standards of corporate governance and growth in shareholder value

Low-carbon products leadership

A wide portfolio of projects

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Business model

Statement from the Chief Executive Officer Vladimir Kolmogorov

Dear colleagues,

Summing up 2025 results, it is important to note that we continued to work in challenging external conditions. Significant fluctuations in the exchange rates of currencies, high credit rates and the rise in prices for basic and auxiliary equipment, had a serious impact on our performance. However, a moderate increase in the demand for aluminium on the global market and generally positive trends in cost indicators helped partially mitigate the negative impact of these factors.