Investors Debt investors Credit rating Credit rating To secure access to capital markets at attractive terms and remain financially solid, Hydro aims to maintain an investment grade credit rating from the leading agencies, Standard & Poor's and Moody's. Hydro's current ratings are Standard & Poor's: Confirms BBB with stable outlook Moody's: Baa3 with stable outlook Updated: March 02, 2021 Latest rating reports from Standard & Poor’s and Moody’s: 2021-08-02 NHASA research S&P.pdf (pdf, 0.37MB) 2021-03-12 Moodys credit opinion.pdf (pdf, 1.26MB) Recommended for you About Hydro Key facts Hydro worldwide The Hydro Way Brand center Corporate governance Modern Slavery Transparency statement Website cookies Contact Contact Media contacts Investor Relations Contacts Customer service portal Follow us Instagram Facebook LinkedIn Twitter Flickr YouTube Shapes Suppliers Privacy policy Terms & conditions Accessibility Sitemap © 2021 Norsk Hydro ASA

Media Topics The Alunorte situation Our commitments Social investments agreed with the Government of Pará and Ministério Público Social investments agreed with the Government of Pará and Ministério Público On September 5, Alunorte and Hydro signed two agreements representing milestones to resume normal operations at the alumina refinery. Alunorte has operated at 50% capacity since March. The agreements cover technical studies and improvements as well as audits and monitoring systems to further increase the safety of Alunorte, and a plan for social investments by Hydro in Barcarena that come in addition to all other social investments including the Sustainable Barcarena Initiative. “We are fully committed to the initiatives defined in the agreements with the Government of Pará and Ministério Público, which are complementing the measures under implementation at Alunorte. This will support continued safe operations at the plant” — John Thuestad, Executive Vice President and head of Hydro’s business area Bauxite & Alumina, Hydro press release September 5, 2018 Updated: March 01, 2019 Our strategy Support following flooding in February 2018 Contribution to local jobs and growth Sustainable Barcarena Initiative and community investments Social investments agreed with the Government of Pará and Ministério Público About Hydro Key facts Hydro worldwide The Hydro Way Brand center Corporate governance Modern Slavery Transparency statement Website cookies Contact Contact Media contacts Investor Relations Contacts Customer service portal Follow us Instagram Facebook LinkedIn Twitter Flickr YouTube Shapes Suppliers Privacy policy Terms & conditions Accessibility Sitemap © 2021 Norsk Hydro ASA