First Movers Coalition Aluminium Commitment

- The use of carbon offsets9 is not applicable toward fulfilling this FMC commitment. - The primary commitment applies only to primary aluminium, not recycled / secondary aluminium. Recycled / Secondary commitment details (Optional for FMC aluminium members) Members of the First Movers Coalition aluminium sector may also optionally commit to procuring recycled / secondary aluminium recovered from pre-consumer and/or post-consumer aluminium scrap. The recycled / secondary aluminium commitment can be met by procuring aluminium that may contain a proportion of primary aluminium that does not meet the primary aluminium threshold defined above. Disclaimers Voluntary commitments made by members of the First Movers Coalition are subject to the availability of material(s), fuel(s), service(s) supply and regulatory approvals. Members acknowledge that procuring the material(s), fuel(s), or service(s) needed to meet these commitments may come at a premium cost. Commitment design process The original aluminium commitment was launched in 2022 with support from the design committee sector contributors Aluminium for Climate (WEF) and Mission Possible Partnership. The commitment was revised in 2024 through the biennial Commitment Review process. 1 See London Metals Exchange Rules and Regulations for further details, part 6, page 215, as of 2 April 2024. 2 See “Good Practice Guidance for Calculation of Primary Aluminium and Precursor Product Carbon Footprints” v2.0 August 2021; subsequent IAI updates to this guidance will be considered the latest source of reference against the fulfilment of FMC commitment. 3 Identity preserved: “the materials or products originate from a single source and their specified characteristics are maintained throughout the supply chain.” ISO 22095:2020 4 Segregated: “specified characteristics of a material or product are maintained from the initial input to the final output.” ISO 22095:2020 5 Controlled blending: “materials or products with a set of specified characteristics are mixed according to certain criteria with materials or products without that set of characteristics resulting in a known proportion of the specified characteristics in the final output.” ISO 22095:2020 6 Mass balance: “materials or products with a set of specified characteristics are mixed according to defined criteria with materials or products without that set of characteristics.” ISO 22095:2020 7 Book & claim: “the administrative record flow is not necessarily connected to the physical flow of material or product throughout the supply chain.” ISO 22095:2020 8 Exceptions apply to the use of book and claim market-based approach to carbon accounting for energy attribute certificates required to prove the origin of purchased energy per Greenhouse Gas (GHG) Protocol Scope 2 Guidance 9 Per ICROA, carbon offsetting is “a mechanism used to compensate for corporate [or individual] carbon footprints through the purchase of carbon credits issued by accreditation standards to projects that remove GHG emissions from the atmosphere or avoid generating the emissions in the first place”