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October 21, 2011

Alcoa Names Michael Pepper, President, Power and Propulsion, Engineered Products and Solutions Group

INDEPENDENCE, Ohio--Alcoa (NYSE: AA) announced today that Michael A. Pepper was promoted to President, Alcoa Power and Propulsion (APP), a business within its Engineered Products and Solutions Group.

“I am excited to welcome Michael to the EPS leadership team,” said Olivier Jarrault, President, Engineered Products & Solutions. “Over the years, he has built a reputation as an outstanding operating executive dedicated to performance, customer relationships, and superior results. He is a familiar face among our aerospace customers in nearly every corner of the world where we have a presence. We look forward to Michael’s leadership as we continue to grow our business.”

Pepper succeeds Raymond B. Mitchell. “After 17 years, Ray leaves a highly effective organization and we thank him for his many contributions at Alcoa and wish him well in his future pursuits,” said Jarrault.

Pepper brings to his new role 24 years of experience in the aerospace market and broad leadership in sales, marketing, and engineering. He began his career with Alcoa Howmet in 1987 and was appointed to his most recent position of Vice President, Business Excellence, APP, in January 2011. Prior to this appointment, he served as Vice President of Strategy and General Manager, Aerospace Airfoils, Alcoa Howmet; Vice President and General Manager, Howmet Products and Services; and General Manager of the company’s Whitehall, Michigan; Laval, Quebec, and Exeter, UK, casting operations. He previously held a series of engineering, manufacturing, and management positions at the Wichita Falls, Texas casting operations.

A graduate of Midwestern State University, Pepper also successfully completed the University of Tennessee’s Executive Development Program. He and his wife, Jennifer, reside in Grand Haven, MI, and have three daughters.

Alcoa Power and Propulsion

Alcoa Power and Propulsion, a major business unit of Alcoa Inc. (NYSE: AA), is a global leader in airfoil and structural investment castings, forged structural parts, and forged aircraft wheels. Serving the aerospace, defense, energy and industrial markets, its products are primarily used in jet engines and industrial gas turbines. Additional value-added products and services include hot isostatic pressing, specialty coatings, research and development, supply chain management, specialty tools, molds, and machinery. With 29 production facilities, Alcoa Power and Propulsion employs more than 11,000 people worldwide.

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.