Alcoa — Jan 22, 2025 release

Within Other expenses, contributions to ELYSIS TM in the first quarter of 2025 are expected to increase by $25 million which triggers loss recognition. Based on current alumina and aluminum market conditions, Alcoa expects first quarter 2025 operational tax expense to approximate $120 million to $130 million, which may vary with market conditions and jurisdictional profitability. Conference Call Alcoa will hold its quarterly conference call at 5:00 p.m. Eastern Standard Time (EST) / 9:00 a.m. Australian Eastern Daylight Time (AEDT) on Wednesday, January 22, 2025 / Thursday, January 23, 2025, to present fourth quarter and full year 2024 financial results and discuss the business, developments, and market conditions. The call will be webcast via the Company’s homepage on www.alcoa.com. Presentation materials for the call will be available for viewing on the same website at approximately 4:15 p.m. EST on January 22, 2025 / 8:15 a.m. AEDT on January 23, 2025. Call information and related details are available under the “Investors” section of www.alcoa.com. Dissemination of Company Information Alcoa intends to make future announcements regarding company developments and financial performance through its website, www.alcoa.com, as well as through press releases, filings with the Securities and Exchange Commission, conference calls, media broadcasts, and webcasts. The Company does not incorporate the information contained on, or accessible through, its corporate website or such oth