Alcoa Recognized as Corporate Champion by The Women’s Forum of New York

November 2, 2011

NEW YORK–Alcoa (NYSE:AA) was honored today by The Women’s Forum of New York as a
Corporate Champion for having 30 percent of its Board of Directors
composed of women.

Alcoa was one of 52 companies in the tri-state area recognized at the
organization’s Breakfast of Corporate Champions held this morning
at the New York Stock Exchange.

“Alcoa’s women Board members – Judy Gueron, Kathryn Fuller and Pat Russo
– have greatly impacted Alcoa’s success,” said Alcoa Chairman and CEO
Klaus Kleinfeld. “Their broad experience and unique perspectives have
distinguished them as outstanding leaders and valued role models at
Alcoa.”

Dr. Judith Gueron is Alcoa Lead Director, elected to the Board in 1988.
She also is Chairwoman of the Governance and Nominating Committee and a
member of the Executive Committee and the Public Issues Committee. Dr.
Gueron is Scholar in Residence at MDRC, a nonprofit research
organization that designs, manages and studies projects to increase the
self-sufficiency of economically disadvantaged groups.

Kathryn Fuller was elected to Alcoa’s Board of Directors in 2002 and is
a member of the Compensation and Benefits Committee and Public Issues
Committee. Ms. Fuller is Chair of the Smithsonian’s National Museum of
Natural History. She retired as Chair of the Ford Foundation in 2010,
having served in that position for six years. Ms. Fuller is the retired
President and Chief Executive Officer of World Wildlife Fund (US), one
of the world’s largest nature conservation organizations, which she
joined in 1989.

Patricia Russo joined Alcoa’s Board of Directors in 2008 and serves as
the Chairwoman of the Compensation and Benefits Committee. She is also a
member of the Executive Committee and the Governance and Nominating
Committee. She is the former chief executive officer of Lucent
Technologies and its successor, Alcatel-Lucent, a communications
equipment manufacturer. Besides serving on Alcoa’s Board, she is the
lead director of GM, and is a member of the boards at Merck & Co.,
Hewlett-Packard and Kohlberg Kravis-Roberts & Co.

About Alcoa

Alcoa is the world’s leading producer of primary and fabricated
aluminum, as well as the world’s largest miner of bauxite and refiner of
alumina. In addition to inventing the modern-day aluminum industry,
Alcoa innovation has been behind major milestones in the aerospace,
automotive, packaging, building and construction, commercial
transportation, consumer electronics and industrial markets over the
past 120 years. Among the solutions Alcoa markets are flat-rolled
products, hard alloy extrusions, and forgings, as well as Alcoa® wheels,
fastening systems, precision and investment castings, and building
systems in addition to its expertise in other light metals such as
titanium and nickel-based super alloys. Sustainability is an integral
part of Alcoa’s operating practices and the product design and
engineering it provides to customers. Alcoa has been a member of the Dow
Jones Sustainability Index for 10 consecutive years and approximately 75
percent of all of the aluminum ever produced since 1888 is still in
active use today. Alcoa employs approximately 59,000 people in 31
countries across the world. More information can be found at www.alcoa.com.