The Board of Directors of Arconic (NYSE: ARNC) today declared (a) a
dividend of 6 cents per share on the outstanding common stock of the
Company, payable on November 25, 2017, to the holders of record of the
common stock at the close of business on November 3, 2017; and (b) a
dividend of 93.75 cents per share on Arconic’s $3.75 cumulative
preferred stock (“Class A Stock”), payable on January 1, 2018, to the
holders of record of the Class A Stock at the close of business on
December 15, 2017.

About Arconic

Arconic (NYSE: ARNC) creates breakthrough products that shape
industries. Working in close partnership with our customers, we solve
complex engineering challenges to transform the way we fly, drive, build
and power. Through the ingenuity of our people and cutting-edge advanced
manufacturing techniques, we deliver these products at a quality and
efficiency that ensure customer success and shareholder value. For more
information: www.arconic.com.
Follow @arconic: Twitter,
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Facebook,
LinkedIn
and YouTube.

Dissemination of Company Information

Arconic intends to make future announcements regarding Company
developments and financial performance through its website on www.arconic.com.

Arconic
Investor Contact:
Patricia Figueroa, 212-836-2758
Patricia.Figueroa@arconic.com
or
Media Contact:
Shona Sabnis, 212-836-2626
Shona.Sabnis@arconic.com