This AMENDMENT NO. 11 TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT (this “Amendment”), dated as of March 31, 2023, is entered into among NOVELIS INC., a corporation amalgamated under the Canada Business Corporations Act and having its corporate office at One Phipps Plaza, 3550 Peachtree Road, Suite 1100, Atlanta, GA 30326, USA (the “Canadian Borrower”), NOVELIS CORPORATION, as a U.S. borrower, the other U.S. borrowers party hereto (collectively, the “U.S. Borrowers”), NOVELIS UK LTD, as a U.K. borrower (“Novelis UK”), NOVELIS AG, as a Swiss borrower (“Novelis AG”), NOVELIS DEUTSCHLAND GMBH, as a German borrower (“Novelis Deutschland”), AV MINERALS (NETHERLANDS) N.V., a corporation organized under the laws of the Netherlands (“Holdings”), the other LOAN PARTIES (as defined in the Amended Credit Agreement referred to below) party hereto, NOVELIS ITALIA S.P.A. (the “Third Party Security Provider”), the LENDERS party hereto, the ISSUING BANKS party hereto, WELLS FARGO BANK, NATIONAL ASSOCIATION, as administrative agent (in such capacity, and together with its successors in such capacity, “Administrative Agent”), as collateral agent (in such capacity, and together with its successors in such capacity, “Collateral Agent”), and as U.S. swingline lender (in such capacity, and together with its successors in such capacity, “U.S. Swingline Lender”), and WELLS FARGO BANK, N.A. (LONDON BRANCH), as European swingline lender (in such capacity, and together with its successors in such capacity, “European Swingline Lender”).

WHEREAS, the Borrowers party thereto, the other Loan Parties party thereto, the Administrative Agent, the Collateral Agent, the lenders party thereto immediately prior to the Amendment Effective Date (as defined below) (the “Existing Lenders”), the issuing banks party thereto, and the other parties from time to time party thereto, entered into that certain Second Amended and Restated Credit Agreement, dated as of October 6, 2014 (as amended, supplemented, restated or otherwise modified prior to the date hereof, the “Credit Agreement”, and the Credit Agreement, and as amended by this Amendment, the “Amended Credit Agreement”);

WHEREAS, the Canadian Borrower has requested amendments to the Credit Agreement as herein set forth;

WHEREAS, the Borrowers, the other Loan Parties, the Third Party Security Provider, the Administrative Agent, the Collateral Agent, the U.S. Swingline Lender, the European Swingline Lender, and the Lenders party hereto (which Lenders constitute the Required Lenders under the Credit Agreement), have agreed to amend the Credit Agreement on the terms and subject to the conditions herein provided;

WHEREAS, the U.S. Borrowers and the other Guarantors party to the U.S. Security Agreement (collectively, the “Reaffirming Parties”, and each, a “Reaffirming Party”) have entered into or joined the U.S. Security Agreement in order to induce the Lenders to make Loans, and each Reaffirming Party desires to reaffirm the security interest granted pursuant to the U.S. Security Agreement;

WHEREAS, the Reaffirming Parties expect to realize, or have realized, substantial direct and indirect benefits as a result of this Amendment becoming effective and the consummation of the transactions contemplated hereby;

WHEREAS, certain of the Loan Parties are party to Joint Development Agreements pursuant to which each such Loan Party has obtained a joint ownership interest in certain patents developed under such Joint Development Agreement (the “Jointly Owned Intellectual Property”). The Canadian Borrower has informed the Administrative Agent and the

Lenders that (i) prior to the Amendment Effective Date, certain Loan Parties have previously incorrectly represented under the Loan Documents that they, individually, were the sole owners of the Jointly Owned Intellectual Property and that such Jointly Owned Intellectual Property was not subject to any agreement which would restrict the transferability of such Jointly Owned Intellectual Property or otherwise impair or conflict with such Loan Party’s obligations or the rights of the Collateral Agent under the applicable Loan Documents (the “IP Disclosure Error”) and (ii) as of the Amendment Effective Date, certain of the Joint Development Agreements contain customary covenants or restrictions restricting the pledge of any Jointly Owned Intellectual Property which may violate the terms of Section 6.19 of the Credit Agreement (the “JDA Pledge Restrictions”);

WHEREAS, the Irish Guarantor is a holding company with no operations and, prior to September 1, 2022, maintained its sole address and location of books and records at the address maintained by its legal counsel in Ireland (the “Existing Irish Address”). The Canadian Borrower has informed the Administrative Agent and the Lenders that, as a result of ongoing renovations at the Existing Irish Address, effective September 1, 2022, the Irish Guarantor temporarily changed the location of its sole address and location of books and records to a temporary address maintained by its legal counsel in Ireland (the “Irish Address Change”). The Canadian Borrower anticipates that the Irish Guarantor will change its address and location of books and records back to the Existing Irish Address upon completion of the renovations. As of the date hereof, the renovations to the Existing Irish Address are expected to be completed during the course of 2024; and

WHEREAS, the Canadian Borrower has requested that the Administrative Agent, the Collateral Agent, the U.S. Swingline Lender, the European Swingline Lender, and the Lenders party hereto (which Lenders constitute the Required Lenders under the Credit Agreement) agree to waive any breach or violation under the Credit Agreement resulting from the IP Disclosure Error, the JDA Pledge Restrictions, and/or the Irish Address Change.

NOW, THEREFORE, in consideration of the foregoing, the mutual covenants and obligations herein set forth and other good and valuable consideration, the adequacy and receipt of which is hereby acknowledged, and in reliance upon the representations, warranties and covenants herein contained, the parties hereto, intending to be legally bound, hereby agree as follows:

Section 1.Definitions. Capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to such terms in the Amended Credit Agreement.

Section 2.Amendments; Waiver.

2.01Subject to the terms and conditions set forth herein, effective as of the Amendment Effective Date immediately after giving effect to Section 2, the Credit Agreement is hereby amended as follows:

(i)The definition of “Excluded Property” in Section 1.01 of the Credit Agreement is hereby amended by amending and restating clause (k) thereof in its entirety as follows:

“(k) if the aggregate fair market value of Equipment located at the plant operated by Novelis do Brasil Ltda., at Av. Buriti, 1.087, CEP 12441-270, Feital – Pindamonhangaba-SP, Brazil and acquired in connection with the expansion of such plant commencing in August 2022 (the “Specified Brazilian Expansion”) that is not pledged in favor of the Collateral Agent to secure the Secured Obligations is less than $100,000,000, then such Equipment shall not be required

to be so pledged until the earlier of (i) the date that is two years after the commencement of the Specified Brazilian Expansion, and (ii) the date that the Companies complete or otherwise discontinue work on the expansion of such plant,”.

(ii)The definition of “Logan Joint Venture Licenses” in Section 1.01 of the Credit Agreement is hereby amended by replacing the phrase “intellectual property” with the phrase “Intellectual Property.

(iii)The following definitions are hereby added to Section 1.01 of the Credit Agreement in appropriate alphabetical order:

“Amendment No. 11” means that certain Amendment No. 11 to Second Amended and Restated Credit Agreement, dated as of March 31, 2023, among Holdings, the Borrowers, the other Loan Parties party thereto, the other parties party thereto, the Lenders party thereto, the Administrative Agent and the Collateral Agent.

“Amendment No. 11 Effective Date” means the “Amendment Effective Date” as defined in Amendment No. 11.

“Specified Restricted Joint Owned Patents” shall mean those patents set forth on Schedule 11.29(c) to Amendment No. 11.

(iv)Section 6.05(f) of the Credit Agreement is hereby amended and restated as follows:

(v)Section 6.17 of the Credit Agreement is hereby amended and restated as follows:

Section 6.17    Fiscal Year. Change its fiscal year-end to a date other than March 31; provided that (1) any Restricted Subsidiary may have a different fiscal year-end to the extent required in order to comply with Applicable Law, (2) the Restricted Subsidiaries set forth on Schedule 6.17 to Amendment No. 11 may continue to end its fiscal years on December 31, and (3) upon at least 30 Business Days’ prior written notice to the Administrative Agent (or such shorter period as may be determined by the Administrative Agent), each of Holdings and its Subsidiaries (and, on and after the Specified AV Minerals Joinder Date, AV Minerals) shall be permitted to change its fiscal year-end to December 31 at any time on or after the date that Hindalco changes its fiscal year-end to December 31, in which case the Loan Parties and the Administrative Agent will, and are hereby authorized by the other Agents, the Lenders and the Issuing Banks to, make any adjustments to this Agreement and the other Loan Documents that are reasonably requested by the Administrative Agent or are necessary to reflect such change in fiscal year-end.

(vi)Section 6.19 of the Credit Agreement is hereby amended to add the following clauses (h) and (i) thereto immediately after clause (g) thereto:

“(h) consists of customary covenants in agreements entered into in the ordinary course of business restricting the pledge of such agreement, solely to the extent such negative pledge provision is not enforceable under Sections 9-406, 9-407, 9-408 or 9-409 of the UCC or similar applicable requirements of Applicable Law; or (i) consists of customary covenants or restrictions in any Joint Development Agreement restricting the pledge of any Intellectual Property developed under such Joint Development Agreement; provided that (x) each Loan Party shall use commercially reasonable efforts to negotiate any Joint Development Agreement entered into by it after the Amendment No. 11 Effective Date in a manner that avoids any such covenants or restrictions, (y) the Intellectual Property subject to any such covenants or restrictions shall not at any time, taken as a whole, constitute a material portion of the Intellectual Property owned or licensed by the Companies, taken as a whole, and (z) such Joint Development Agreement shall not prohibit or restrict the ability of any Agent to use the applicable Company’s rights in the Intellectual Property subject to such Joint Development Agreement during the continuance of an Event of Default, for purposes of enabling any Agent to exercise rights and remedies under the Loan Documents, including in accordance with Section 6.1 of the Amended and Restated Security Agreement, dated as of May 13, 2013, among the Loan Parties from time to time party thereto and the Collateral Agent (as if such Section applies to the Intellectual Property subject to such Joint Development Agreement mutatis mutandis).”.

(vii)Section 10.02(a) of the Credit Agreement is hereby amended to (1) delete the word “or” immediately prior to clause (g) thereof and (2) add the following immediately after clause (g) thereof:

(viii)Section 11.01(a)(1) of the Credit Agreement is hereby amended to replace all references therein to “Two Alliance Center, 560 Lenox Road, Suite 2000” with “One Phipps Plaza, 3550 Peachtree Road, Suite 1100”.

(ix)Schedules 6.17 and 11.29(c) are hereby added to Credit Agreement in the form of the correspondingly numbered Schedules hereto.

2.02As of the Amendment Effective Date, immediately prior to giving effect to Section 2.01 above, the Administrative Agent, the Collateral Agent, the U.S. Swingline Lender, the European Swingline Lender, and the Lenders party hereto (which Lenders constitute the Required Lenders under the Credit Agreement) hereby waive the occurrence of any Default or Event of Default resulting from the IP Disclosure Error and/or the JDA Pledge Restrictions, including without limitation any Default or Event of Default arising as a result of (i) any representation made under any Loan Document regarding the ownership of the Jointly Owned Intellectual Property proving to have been false or misleading in any material respect when so made, (ii) any representation made under any Loan Document regarding the existence of agreements which would restrict the transferability of such Jointly Owned Intellectual Property or otherwise impair or conflict with any Loan Party’s obligations or the rights of the Collateral Agent proving to have been false or misleading in any material respect when so made, (iii) any breach of Section 6.19 of the Credit Agreement due to the JDA Pledge Restrictions, (iv) any breach of Section 5.13 of the Credit Agreement due to the Irish Address Change, and (v) any failure to deliver notice of any of the foregoing (collectively, the “Waiver”).

Section 3.Conditions Precedent to Effectiveness of this Amendment. This Amendment shall become effective as of the first date (the “Amendment Effective Date”) on which each of the following conditions precedent shall have been satisfied, or duly waived by the Lenders party hereto, the Issuing Banks party hereto and the Agents party hereto:

(a)Executed Amendment. The Administrative Agent shall have received this Amendment, duly executed by each of the Loan Parties, the Third Party Security Provider, the Lenders party hereto (which constitute the Required Lenders under the Credit Agreement), the Issuing Banks, the Administrative Agent and the Collateral Agent.

(b)Representations and Warranties. Each of the representations and warranties contained in Section 6 below and in any other Loan document (after giving effect to the Waiver) shall be true and correct in all material respects (or, in the case of any representation or warranty that is qualified as to materiality, “Material Adverse Effect” or similar language, in all respects) on and as of the date hereof.

(c)No Default or Event of Default. After giving effect to this Amendment, including the Waiver, no Default or Event of Default shall have occurred and be continuing or would result from the effectiveness of this Amendment.

Section 4.Representations and Warranties. Each Loan Party represents and warrants to the Administrative Agent, the Collateral Agent and each Lender as follows:

(a)After giving effect to this Amendment, each of the representations and warranties in the Amended Credit Agreement or in any other Loan Document are true and correct in all material respects (or, in the case of any representation or warranty that is qualified as to materiality, “Material Adverse Effect” or similar language, in all respects) on and as of the date hereof as though made on and as of such date, except to the extent that any such representation or warranty expressly relates to an earlier date, in which case such representations and warranties are true and correct in all material respects (or, in the case of any representation or warranty that

(b)The execution and delivery by the Canadian Borrower, Holdings, each other Loan Party, and the Third Party Security Provider of this Amendment, and the performance of this Amendment and the Amended Credit Agreement by the Canadian Borrower, Holdings, each other Loan Party and the Third Party Security Provider, in each case have been duly authorized by all requisite organizational action on its part and will not violate any of its Organizational Documents.

(c)This Amendment has been duly executed and delivered by the Canadian Borrower, Holdings, each other Loan Party, and the Third Party Security Provider, and each of this Amendment and the Amended Credit Agreement constitutes the Canadian Borrower’s, Holdings’, such Loan Party’s, or such Third Party Security Provider’s, as applicable, legal, valid and binding obligation, enforceable against it in accordance with their terms, except as the same may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the rights of creditors generally and by general principles of equity.

(d)After giving effect to this Amendment, including the Waiver, no Default or Event of Default has occurred and is continuing as of the date hereof.

(e)As of the Amendment Effective Date, the information included in the Beneficial Ownership Certifications delivered to the Administrative Agent and the Lenders by Holdings and the applicable Borrowers is true and correct in all respects.

(f)As of the Amendment Effective Date, none of the Specified Restricted Joint Owned Patents, either individually or collectively, are material to the business of the Companies, taken as a whole.

Section 5.Continuing Effect; Liens and Guarantees; No Novation.

(a)Each of the Loan Parties and the Third Party Security Provider hereby consents to this Amendment and the Amended Credit Agreement. Each of the Loan Parties and the Third Party Security Provider hereby acknowledges and agrees that all of its Secured Obligations, including all Liens and (in the case of the Loan Parties) Guarantees granted to the Secured Parties under the applicable Loan Documents, are ratified and reaffirmed and that such Liens and Guarantees shall continue in full force and effect on and after Amendment Effective Date to secure and support the Secured Obligations. Each of the Loan Parties hereby further ratifies and reaffirms the validity, enforceability and binding nature of the Secured Obligations.

(b)Holdings and each Subsidiary Guarantor hereby (i) acknowledges and agrees to the terms of this Amendment and the Amended Credit Agreement and (ii) confirms and agrees that, each of its Guarantee and any Foreign Guarantee is, and shall continue to be, in full force and effect, and shall apply to all Secured Obligations without defense, counterclaim or offset of any kind and each of its Guarantee and any such Foreign Guarantee is hereby ratified and confirmed in all respects. Each Borrower hereby confirms its liability for the Secured Obligations, without defense, counterclaim or offset of any kind.

(c)Holdings, the Canadian Borrower, each other Loan Party and the Third Party Security Provider hereby ratifies and reaffirms the validity and enforceability (without defense, counterclaim or offset of any kind) of the Liens and security interests granted by it to the Collateral Agent for the benefit of the Secured Parties to secure any of the Secured Obligations by Holdings, the Canadian Borrower, any other Loan Party and the Third Party Security Provider pursuant to the Loan Documents to which any of Holdings, the Canadian Borrower, any other

(d)Without limiting the generality of this Section 5 or Section 6, (i) neither this Amendment, the Amended Credit Agreement, nor any other Loan Document entered into in connection herewith or therewith, shall extinguish the “Secured Obligations” (or any term of like import) as defined or referenced in each Security Agreement, or the “Secured Obligations” under and as defined in the Credit Agreement (collectively, the “Loan Document Secured Obligations”), or discharge or release the priority of any Loan Document, and any security interest previously granted pursuant to each Loan Document is hereby reaffirmed and each such security interest continues in effect and secures the Loan Document Secured Obligations, (ii) nothing contained herein, in the Amended Credit Agreement or any other Loan Document entered into in connection herewith or therewith shall be construed as a substitution or novation of all or any portion of the Loan Document Secured Obligations or instruments securing any of the foregoing, which shall remain in full force and effect and shall continue as obligations under the Amended Credit Agreement, and (iii) nothing implied in this Amendment, the Amended Credit Agreement or any other Loan Document entered into in connection herewith or therewith, or in any other document contemplated hereby or thereby shall be construed as a release or other discharge of any Loan Party or the Third Party Security Provider from any of its Loan Document Secured Obligations, it being understood that such obligations shall continue as obligations under the Amended Credit Agreement.

Section 6.U.S. Reaffirmation.

(a)Each Reaffirming Party hereby confirms its guarantees, assignments, pledges and grants of security interests, as applicable, under each Guarantee and each U.S. Security Agreement to which it is a party, and agrees that such guarantees, assignments, pledges and grants of security interests shall continue to be in full force and effect and shall accrue to the benefit of the Collateral Agent for the benefit of the Secured Parties.

(b)Each Reaffirming Party hereby confirms and agrees that the “Secured Obligations” (or any term of like import) as defined or referenced in any Guarantee and any U.S. Security Agreement will include the “Secured Obligations” as defined in the Amended Credit Agreement.

Section 7.Reference to and Effect on the Loan Documents.

(a)Except as expressly set forth in this Amendment, all of the terms and provisions of the Credit Agreement and the other Loan Documents (including all exhibits and schedules to each of the Credit Agreement and the other Loan Documents) are and shall remain in full force and effect and are hereby ratified and confirmed. The Amendments provided for herein and in the annexes and exhibits hereto are limited to the specific provisions of the Credit Agreement specified herein and therein and shall not constitute an amendment of, or an indication of the Administrative Agent’s or any Lender’s willingness to amend or waive, any other provisions of the Credit Agreement as amended hereby or thereby, or the same sections or any provision of any other Loan Document for any other date or purpose.

(b)The execution, delivery and effectiveness of this Amendment shall not, except as expressly provided herein, operate as a waiver of any right, power or remedy of the Administrative Agent, the Collateral Agent, any Issuing Bank or any Lender under the Credit Agreement or any Loan Document, or constitute a waiver or amendment of any other provision of the Credit Agreement or any Loan Document except as and to the extent expressly set forth herein.

(c)The execution and delivery of this Amendment by any Loan Party or Third Party Security Provider shall not constitute a joinder by, or agreement to be bound by the terms of, any Loan Document to which such Loan Party or Third Party Security Provider is not a party.

(d)This Amendment shall constitute a Loan Document.

Section 8.Further Assurances; Post-Closing Requirements.

(a)The Canadian Borrower, Holdings, each other Loan Party, and the Third Party Security Provider hereby agrees to execute any and all further documents, agreements and instruments and take all further actions that the Administrative Agent deems reasonably necessary or advisable in connection with this Amendment, including to continue and maintain the effectiveness of the Liens and guarantees provided for under the Loan Documents, with the priority contemplated under the Loan Documents. The Administrative Agent and the Collateral Agent are hereby authorized by the Lenders to enter into all such further documents, agreements and instruments, and to file all financing statements deemed by the Administrative Agent to be reasonably necessary or advisable in connection with this Amendment.

Section 9.Counterparts.

(a)This Amendment and any notices delivered under this Amendment, may be executed by means of (a) an electronic signature that complies with the federal Electronic Signatures in Global and National Commerce Act, state enactments of the Uniform Electronic Transactions Act, or any other relevant and applicable electronic signatures law; (b) an original manual signature; or (c) a faxed, scanned, or photocopied manual signature. Each electronic signature or faxed, scanned, or photocopied manual signature shall for all purposes have the same validity, legal effect, and admissibility in evidence as an original manual signature. The Administrative Agent reserves the right, in its sole discretion, to accept, deny, or condition acceptance of any electronic signature on this Amendment or on any notice delivered to the Administrative Agent under this Amendment.

(b)This Amendment and any notices delivered under this Amendment may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement. Receipt by the Administrative Agent of a facsimile copy or electronic image scan transmission (e.g., PDF via electronic email) of an executed signature page and any notices as set forth herein shall constitute receipt by the Administrative Agent and shall be as effective as delivery of a manually executed counterpart of the Amendment or notice.

Section 10.Governing Law. This Amendment and the rights and obligations of the parties hereto shall be governed by, and construed and interpreted in accordance with, the law of the State of New York, without regard to conflicts of law principles that would require the application of the laws of another jurisdiction.

Section 11.Headings. Section headings contained in this Amendment are included herein for convenience of reference only and shall not constitute a part of this Amendment for any other purposes.

Section 12.WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE REQUIREMENTS OF LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AMENDMENT, ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY).

Section 13.Submission to Jurisdiction; Waiver of Venue; Service of Process. Sections 11.09(b), (c) and (d) of the Credit Agreement are hereby incorporated by reference mutatis mutandis.

By:     /s/ Gregg Murphey    
Name:    Gregg Murphey
Title:    Authorized Signatory

By:     /s/ Gregg Murphey    
Name:    Gregg Murphey
Title:    Authorized Signatory

By:     /s/ Gregg Murphey    
Name:    Gregg Murphey
Title:    Authorized Signatory

By:     /s/ Gregg Murphey    
Name:    Gregg Murphey
Title:    Assistant Treasurer

By:     /s/ Gregg Murphey    
Name:    Gregg Murphey
Title:    Authorized Signatory

By:     /s/ Gregg Murphey    
Name:    Gregg Murphey
Title:    Authorized Signatory

By:     /s/ Gregg Murphey    
Name:    Gregg Murphey
Title:    Attorney

By:     /s/ Gregg Murphey    
Name:    Gregg Murphey
Title:    Attorney

By:     /s/ Gregg Murphey    
Name:    Gregg Murphey
Title:    Attorney

By:    /s/ Gregg Murphey    
Name:    Gregg Murphey
Title:    Authorized Signatory

By:    /s/ Gregg Murphey    
Name:    Gregg Murphey
Title:    Authorized Signatory

By:    /s/ Gregg Murphey    
Name:    Gregg Murphey
Title:    Authorized Signatory

By:    /s/ Gregg Murphey    
Name:    Gregg Murphey
Title:    Authorized Signatory

By:    /s/ Gregg Murphey    
Name:    Gregg Murphey
Title:    Authorized Signatory

By:        /s/ Gregg Murphey    
Name:        Gregg Murphey    
Title:         Attorney    

By:        /s/ Keaston Hall    
Name:        Keaston Hall    
Title:        Contracts Counsel    

By:    /s/ Nils Leonhardt    
Name:    Nils Leonhardt
Title:    Managing Director

By:    /s/ Peter Haycock    
Name:    Peter Haycock
Title:    Director

By:    /s/ Gregg Murphey    
Name:    Gregg Murphey
Title:    Attorney-in-Fact

By:    /s/ Keaston Hall    
Name:    Keaston Hall
Title:    Contracts Counsel

By:    /s/ Chirg P. Shah    
Name:    Chirag P. Shah
Title:    Assistant General Counsel

By:    /s/ Gregg Murphey    
Name:    Gregg Murphey
Title:    Attorney-in-Fact

By:    /s/ Gregg Murphey    
Name:    Gregg Murphey
Title:    Authorized Signatory

By:    /s/ Gregg Murphey    
Name:    Gregg Murphey
Title:    Attorney

By:    /s/ Gregg Murphey
Name:    Gregg Murphey
Title:    Authorized Signatory

By:     /s/ Gregg Murphey    
Name:    Gregg Murphey
Title:    Authorized Signatory

By:     /s/ Gregg Murphey    
Name:    Gregg Murphey
Title:    Authorized Signatory

By:     /s/ Gregg Murphey    
Name:    Gregg Murphey
Title:    Authorized Signatory

By:     /s/ Gregg Murphey    
Name:    Gregg Murphey
Title:    Authorized Signatory

By:     /s/ Gregg Murphey    
Name:    Gregg Murphey
Title:    Authorized Signatory

By:     /s/ Gregg Murphey    
Name:    Gregg Murphey
Title:    Authorized Signatory

By:     /s/ Gregg Murphey    
Name:    Gregg Murphey
Title:    Authorized Signatory

By:     /s/ Gregg Murphey    
Name:    Gregg Murphey
Title:    Authorized Signatory

By:    /s/ Brandi Petrucci    
    Name:     Brandi Petrucci    
    Title:     Director, Authorized Signatory    

By:    /s/ Alison Powell    
    Name:     Alison Powell    
    Title:         

By:     /s/ Cheryl B. Swan        
Name:    Cheryl B. Swan
Title:    Sr. Vice President

By:     /s/ Beth Izzo            
Name:    Beth Izzo
Title:    Director

By:     /s/ Helen Alvarez-Hernandez    
Name:    Helen Alvarez-Hernandez
Title:    Managing Director

By:     /s/ Mark Pope            
Name:    Mark Pope    
Title:    Assistant Vice President

By:     /s/ Charlene Saldanha        
Name:    Charlene Saldanha
Title:    Vice President

By:     /s/ Zachary Kaiser        
Name:    Zachary Kaiser
Title:    Director

By:     /s/ Andrew Aran        
Name:    Andrew Aran
Title:    Vice President

By:     /s/ David Smith        
Name:    David Smith
Title:    Vice President & Director

By:     /s/ Komal Shah        
Name:    Komal Shah
Title:    Authorized Signatory

By:     /s/ Michael Wagner        
Name:    Michael Wagner
Title:    Authorized Signatory

By:     /s/ Philip Tancorra        
Name:    Philip Tancorra
Title:    Vice President
    philip.tancora@db.com

By:     /s/ Jessica Lutrario        
Name:    Jessica Lutrario
Title:    Associate

By:     /s/ Claudia Ramirez        
Name:    Claudia Ramirez
Title:    Vice President, Global Banking,

By:     /s/ Jeff Chu        
Name:    Jeff Chu
Title:    Director

By:     /s/ Mike Chen        
Name:    Mike Chen
Title:    Director

By:     /s/ Oswin Joseph        
Name:    Oswin Joseph
Title:    Executive Director

By:     /s/ Donna DeMagistris    
Name:    Donna DeMagistris

By:     /s/ Atu Koffie-Lart    
Name:    Atu Koffie-Lart

By:     /s/ Scott Martin    
Name:    Scott Martin
Title: Managing Director

By:     /s/ Ambrish Mathur    
Name:    Ambrish Mathur
Title: Executive Director

By:     /s/ Andrew Sidford    
Name:    Andrew Sidford
Title: Managing Director

By:     /s/ Gordon Yip        
Name:    Gordon Yip
Title: Director

1.Aleris Switzerland GmbH

2.Aleris Aluminium UK Limited

3.Aleris Asia Pacific International (Barbados) Ltd.

4.Novelis Aluminium Beteiligungs GmbH