Alcoa and United Steelworkers Reach Tentative Agreement for U.S. aluminum smelters in Indiana and New York State

PITTSBURGH--(BUSINESS WIRE)-- Alcoa Corporation announced today that it has reached a tentative agreement with the United Steelworkers on a new three-year labor agreement for employees at two U.S. locations.

The union will now schedule a vote with its members to ratify the proposed contract, the result of extensive negotiations between the Company and the United Steelworkers.

The proposal will cover approximately 860 active employees at the smelter at Warrick Operations in Indiana and the smelter at Massena Operations in New York.

The existing contract was set to expire on May 15^th 2023, but the parties reached agreement prior to expiration.

About Alcoa Corp.

Alcoa (NYSE: AA) is a global industry leader in bauxite, alumina and aluminum products with a vision to reinvent the aluminum industry for a sustainable future. With a values-based approach that encompasses integrity, operating excellence, care for people and courageous leadership, our purpose is to Turn Raw Potential into Real Progress. Since developing the process that made aluminum an affordable and vital part of modern life, our talented Alcoans have developed breakthrough innovations and best practices that have led to greater efficiency, safety, sustainability and stronger communities wherever we operate.

Dissemination of Company Information

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Investor Contact:

James Dwyer

412-992-5450

James.Dwyer@alcoa.com



Media Contact:

Jim Beck

412-315-2909

Jim.Beck@alcoa.com

Source: Alcoa