Howmet Aerospace — May 1, 2025 release

dollar millions)                               Third-party sales   $ 885     $ 933     $ 945     $ 972     $ 996   Inter-segment sales   $ 2     $ 1     $ 3     $ 1     $ 2   Provision for depreciation and amortization   $ 33     $ 33     $ 34     $ 39     $ 34   Segment Adjusted EBITDA   $ 249     $ 292     $ 307     $ 302     $ 325   Segment Adjusted EBITDA Margin     28.1 %     31.3 %     32.5 %     31.1 %     32.6 % Restructuring and other charges (credits)   $ —     $ (1 )   $ 1     $ 1     $ —   Capital expenditures   $ 55     $ 33     $ 55     $ 76     $ 86     Engine Products reported first quarter 2025 revenue of $996 million, an increase of 13% year over year, due to growth in the commercial aerospace, defense aerospace, industrial gas turbine, and oil and gas markets. Segment Adjusted EBITDA was $325 million, up 31% year over year, driven by favorable growth in the commercial aerospace, defense aerospace, industrial gas turbine, and oil and gas markets. The Segment absorbed approximately 500 net headcount in the quarter in support of expected revenue increases. Segment Adjusted EBITDA margin increased approximately 450 basis points year over year to 32.6%.   Fastening Systems   1Q24     2Q24     3Q24     4Q24     1Q25   (in U.S. dollar millions)                               Third-party sales   $ 389     $ 394     $ 392     $ 401     $ 412   Inter-segment sales   $ —     $ —     $ —     $ 1     $ —   Provision for depreciation and a