Alcoa Elects L. Rafael Reif to Board of Directors

January 19, 2015

Alcoa (NYSE:AA) today announced that its Board of Directors has elected
L. Rafael Reif a director of the Company effective March 2, 2015.

Dr. Reif, 63, is president of the Massachusetts Institute of Technology
(MIT), the world renowned educational institution of science and
technology. He has been a faculty member of MIT for more than 30 years.

“In addition to leading one of the world’s most acclaimed academic
institutions, Dr. Reif is a respected international authority on
innovative material science and advanced manufacturing technologies,”
said Alcoa Chairman and CEO Klaus Kleinfeld. “His expertise and counsel
will be invaluable as Alcoa invests in digitization, automation and
robotics to enhance the competitiveness of our expanding multi-material,
value-add business portfolio.”

Dr. Reif, at the request of the White House, served as co-chair of the
steering committee of the national Advanced Manufacturing Partnership
(AMP 2.0), an effort to secure U.S. leadership in emerging technologies.
He also launched the MIT Innovation Initiative to enhance MIT’s own
innovation ecosystem and foster education, research and policy; and
recently began work on “MIT.nano,” a new facility on the campus that
will accelerate research and innovation at the nanoscale.

In his previous role as Provost of MIT, Dr. Reif held overarching
responsibility for MIT’s education and research programs, including
spearheading the development of the MIT’s online learning initiatives,
MITx and edX, and oversight for Lincoln Laboratory, a federally
funded research facility that MIT operates for the U.S. Department of
Defense. Prior to his appointment as Provost, he headed MIT’s Department
of Electrical Engineering and Computer Science.

In his leadership roles at MIT, Dr. Reif launched environmental
initiatives to drive progress towards solutions around environment,
climate and sustainability. He also promoted a faculty-led effort to
address challenges around race and diversity.

Dr. Reif is the inventor or co-inventor on 15 patents. In 1993, he was
named a fellow of the Institute of Electrical and Electronics Engineers
and in 2000 he received the Aristotle Award from the Semiconductor
Research Corporation. He is also an elected member of the American
Academy of Arts and Sciences and a trustee of the Carnegie Endowment for
International Peace.

Dr. Reif holds a doctorate and a master of science degree in electrical
engineering from Stanford University and received his bachelor’s of
science degree from Universidad de Carabobo, Venezuela.

About Alcoa

A global leader in lightweight metals technology, engineering and
manufacturing, Alcoa innovates multi-material solutions that advance our
world. Our technologies enhance transportation, from automotive and
commercial transport to air and space travel, and improve industrial and
consumer electronics products. We enable smart buildings, sustainable
food and beverage packaging, high performance defense vehicles across
air, land and sea, deeper oil and gas drilling and more efficient power
generation. We pioneered the aluminum industry over 125 years ago, and
today, our approximately 59,000 people in 30 countries deliver value-add
products made of titanium, nickel and aluminum, and produce
best-in-class bauxite, alumina and primary aluminum products. For more
information, visit,
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