CAPRAL LIMITED — Capital/Financing Update 2022

Dec 7, 2022

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CAPRAL ASX ANNOUNCEMENT

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8 December 2022

Capral Introduces LocAl® Lower Carbon Aluminium for Australian Manufacturers

Capral has recently introduced LocAl®, a lower-carbon primary aluminium option available across Capral's locally manufactured, extruded aluminium products.

The LocAl® offer includes two lower carbon aluminium options: LocAl® Green with carbon emissions around half the global average, and LocAl® Super Green with emissions around quarter the global average emissions for primary aluminium. These are amongst the lowest embodied carbon aluminium sources available globally.

In 2022 Capral committed to reaching Net Zero emissions by 2050, a significant step change, driving innovation and cultural evolution throughout the business, most notably within procurement and operations. The introduction of LocAl® demonstrates a shift in Capral's procurement strategy for primary aluminium billet.

The main contribution to the carbon emissions of aluminium comes from the electrolysis process used in aluminium smelting. Around 60% of the aluminium sector's GHG emissions are from the production of electricity consumed during the aluminium smelting process and is dependent upon the energy source used.

In addition to lower carbon emissions, the primary aluminium offered under the LocAl® brand is sourced exclusively from Aluminium Stewardship Initiative (ASI) certified smelters. This gives Capral the added assurance that the primary aluminium we buy has been produced responsibly with consideration given to sustainability and societal impact. It helps us stand behind the product we sell.

Industry sectors including construction, renewable energy, transport, and marine are increasingly looking for lower carbon options for their end products to meet customer expectations. Capral is now ready to support these sectors with access to aluminium with lower embodied carbon.

LocAl® aluminium is available across Capral's locally manufactured extruded aluminium products including custom-designed aluminium sections, standard extrusions, geometrics, transport sections, solar rail, marine, and all Capral proprietary window and door systems.

Capral is ambitious about offering LocAl® to Australian manufacturers and plans to increase the volume of lower-carbon aluminium flowing through its supply chain into the future.

Approved and authorised for release by Capral’s Managing Director.

For further information please contact:

Capral Limited ABN 78 004 213 692 ASX: CAA

Corporate

Sacha Fraser, Capral P: + 61 2 8222 0112 E: sacha.fraser@capral.com.au

Yours faithfully CAPRAL LIMITED

Investors

Adrian Mulcahy, Automic Group P: 0438 630 422 E: adrian.mulcahy@automicgroup.com.au

15 Huntingwood Drive, Huntingwood NSW 2148

T 02 8222 0112 F 02 8222 0130 www.capral.com.au

Tony Dragicevich Managing Director

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