Original Announcement Dates: Multiple previous intimations dated June 24, 2025, October 23, 2025, February 11, 2026, February 26, 2026, May 20, 2026, and August 7, 2026

Updated Status: Terminated

Reason for Termination: Extended closure delays beyond the control of either party

Target Entity: AluChem Companies, Inc. and its specialty calcined and tabular alumina business

Strategic Context: Hindalco's broader strategy of scaling high-value, technology-led value-added products (VAP) in its specialty alumina business remains unchanged. The Company will continue to evaluate opportunities, including in the United States, consistent with this strategy.

AluChem Status: AluChem will continue to independently serve their customers across the specialty alumina value chain, as they have been doing for the last 48 years.