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2025 Annual Report

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70 years producing aluminum solutions that transform lives

In 2025, Companhia Brasileira de Alumínio (CBA) marked 70 years of operations—a strong track record built on innovation, ethics, environmental and social responsibility, and a remarkable ability to transform and reinvent itself. Over these seven decades, the Company has contributed to the development of Brazil and the broader industrial sector, producing aluminum solutions that truly transform lives.

The year at a glance

Primary Business

CBA’s Primary Business spans the end-to-end production chain—from mining and refining through smelting and manufacturing of primary products—ensuring a fully traceable and low-emission value chain.

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1,9 
million metric tons
of bauxite processed

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672,6 
thousand metric tons
of hydrate produced

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641,6 
thousand metric tons
of alumina produced

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360,1 
thousand metric tons
of low-carbon molten aluminum produced

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CBA’s Primary Business spans the end-to-end production chain—from mining and refining through smelting and manufacturing of primary products—ensuing a fully traceable and low-emission value chain.

Downstream & Recycling Business

The Downstream & Recycling Business is a strategic platform for driving value creation and decarbonization through a combination of operational efficiency, portfolio growth in higher value-added segments, and expanded recycling capabilities.

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133,2
thousand metric tons
of downstream products

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199,7
thousand metric tons
of aluminum scrap processed as a raw material

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Approximate 20% increase in sheet production capacity at the Itapissuma (PE) plant, enhancing operational efficiency and expanding value delivery with the ongoing CREEP 2 project

Energy Business

 

CBA’s Energy Business provides a 100% renewable and traceable electricity supply, shielding the Company from energy market volatility and supporting low-carbon aluminum production.

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1.462 MW installed

capacity across 21 hydroelectric plants — 15 wholly-owned and 6 jointly-owned — and 4 wind complexes

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6.360,9 GWh

of 100% renewable electricity generated

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Wind generation capacity increased by 115 MW in 2025, strengthening energy security and accelerating renewable expansion through CBA’s stake in the Serra do Tigre and Cajuína III wind complexes

CBA’s strategy: impactful growth

CBA’s strategy is structured around four pillars that guide capital allocation and business unit priorities:

Growth

Maximize value through risk-return balanced growth

Competitiveness

Strengthen competitive differentiators to ensure resilience and long-term success

Positive impact

Produce aluminum while delivering positive impacts, engaging the entire supply chain in building a more prosperous and sustainable future

Transformation

Innovation, digitalization and partnership-building to transform CBA

2030 ESG Strategy


Aspiration

CBA as a benchmark in sustainability


Mandate


Delivering an offering of low-carbon aluminum products and sustainable solutions in partnership with stakeholders, while developing the communities where the Company operates and positively influencing the end-to-end aluminum value chain

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Digital and innovative

In 2025, CBA advanced its digital maturity by scaling technology solutions aligned with the ESG agenda—strengthening governance, fostering a culture of innovation, and enhancing strategic management through the DigitALL program and a unified technology platform aligned with business and stakeholder priorities.

13 projects

implemented, led by 13 multidisciplinary agile squads
 

750+

employees engaged in digital initiatives


~333,000 tCO₂e reduced

or avoided through DigitALL initiatives in 2025

People leading the way for the next transformations

As CBA marked its 70th anniversary, the Company reaffirmed its people-centric approach by prioritizing holistic health and strengthening diversity, equity, inclusion, and safety initiatives as core pillars of sustainable performance.

With an 87% participation rate, the 2025 Diversity Census used robust diversity metrics and an expanded scope including dimensions such as generational diversity and religious identity, providing enhanced insights and strengthening CBA’s positioning as a diverse, equitable, and inclusive organization

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7.272

direct employees

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272,6

thousand hours of training per employee

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21,000+

hours of training and development in holistic health

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19,2%

women in the workforce, with 22.5% in leadership positions (management and above)

Social legacy

As part of its commitment to generating positive impact, CBA translates its social legacy into tangible actions that strengthen communities, safeguard rights, expand opportunities, and advance long-term, sustainable social and economic development.

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projects implemented across 33 municipalities, directly impacting 458,000 people
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R$ 9,3 million

invested across 5 pillars: Public Administration Support, Education, Economic Development, Community Development; and Human Rights
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537

volunteers participated in 207 initiatives as part of CBA’s Volunteering Challenge
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Expanded the AGP Climate Action Program to two additional municipalities—an initiative that has received recognition from organizations such as the World Business Council for Sustainable Development (WBCSD) and the Amcham Eco Awards

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Environmental stewardship

At CBA, environmental stewardship is a core pillar of business sustainability, guiding initiatives across climate, circular economy, and natural resource management, supported by clear targets, integrated governance, and a culture grounded in responsibility, innovation, and responsible resource use.

2,8 tCO₂e/t Al
in Scope 1 and 2 emissions at the smelting stage —approximately 4 times lower than the global average

R$ 5,8 million
in EBITDA

generated from co-products

+ 7,500
tons of waste avoided or diverted from landfills through reuse initiatives

Emissions for cast products reduced by 
36%
from a 2019 baseline

Governance for sustainable business

In 2025, the Sustainability Committee refocused exclusively on ESG matters, in response to an increasingly complex regulatory landscape and the upcoming mandatory adoption of IFRS S1 and S2 standards in Brazil beginning in 2026.

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3,500 employees

Approximately, participated in “Ethics Hotline Moment” sessions across all business units

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12 customers

have adopted the Alennium low-carbon label

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78% of CBA’s

co-creation project portfolio delivering ESG benefits

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19.7% of procurement

spend allocated to local suppliers

Financial performance

Net revenue
R$ 8,8 bn
(+8% vs. 2024)

Aluminum sales
499 metric tons
(-1% vs. 2024)

Adjusted EBITDA
R$ 1,1 bi
(-19% vs. 2024)

Adjusted EBITDA margin
13%
(-4 p.p. vs. 2024)

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