About Hydro Hydro is a leading industrial company committed to a sustainable future. Management and organization Our strategy: Making more for less Our purpose and values Our locations Corporate governance Management and organization Company history Procurement Industry white papers Sponsorships Stories by Hydro Read more 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

About Hydro Company history 2018 - present 2021: Sale of rolling business 2021: Sale of rolling business Hydro completes sale of Hydro Rolling business area to KPS Capital Partners. On June 1, Hydro completed the sale of its rolling business area as part of a strategy that will strengthen its position in low-carbon aluminium, while exploring new growth areas. "Hydro's ambition is to lift profitability and drive sustainability, creating value for all stakeholders. The sale of Rolling will strengthen our ability to deliver on our strategy, strengthening our position in low-carbon aluminium, while exploring new growth in areas where our capabilities match global megatrends," said Hydro President and CEO Hilde Merete Aasheim. The transaction includes seven plants, one R&D center, global sales offices, and around 5,000 employees, of which 650 employees are in Norway and the remaining mainly in Germany. KPS Capital Partners is a well-regarded and operationally focused global private equity firm, with a history of holding significant interests in metals and automotive enterprises. Updated: June 14, 2021 Hydro history in brief Let us show you the highlights of our history, in a compelling visual scrollstory. 2021: Sale of rolling business 2020: New strategy toward 2025 2019: New CEO 2019: Cyber-attack on Hydro 2018: Extreme rainfall in Brazil 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