Alcoa Corporation (NYSE:AA, ASX: AAI)) ("Alcoa" or the "Company") today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share of the Company’s common stock, to be paid on November 13, 2026 to stockholders of record as of the close of business on October 27, 2026.

About Alcoa Corporation

Alcoa is a global industry leader in bauxite, alumina and aluminum products with a Vision to build a legacy of excellence for future generations. 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 safety, efficiency, sustainability and stronger communities wherever we operate.

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 other websites or platforms referenced herein into this press release.

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Investor Contact:

Jason Duty

724-316-4366

Jason.M.Duty@alcoa.com

Media Contact:

Sarah Ayer

412-965-7622

Sarah.Ayer@alcoa.com