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November 15, 2011

Alcoa Names William F. Oplinger Chief Operating Officer, Global Primary Products

Roy Harvey Succeeds Oplinger as CFO for Primary Business

NEW YORK--Alcoa (NYSE: AA) announced today that William F. (Bill) Oplinger has been named Chief Operating Officer for Global Primary Products (GPP), effective December 1. The position has been vacant since Chris Ayers was named Executive Vice President and Global Primary Products President in May 2011. Oplinger has been Chief Financial Officer for GPP since August 2010.

Oplinger will focus on day-to-day operations in Alcoa’s Primary businesses, including bauxite mining and refining and smelting operations, allowing Ayers to concentrate on strategic developments involving the business group.

Succeeding Oplinger as Chief Financial Officer for GPP is Roy Harvey, who is currently Director, Investor Relations. Harvey has extensive experience with the Primary business, having served as plant manager at Alcoa’s San Ciprián, Spain, smelter and Director of Finance and Business Integration for GPP Europe prior to becoming Director, Investor Relations.

“Bill is a thorough, disciplined manager and talented problem-solver,” said Ayers. “He has the drive and business knowledge to get top performance from our Primary operations as we continually assess the best strategic options for these businesses.

“I am also pleased to welcome Roy back to GPP. Roy brings a unique combination of international operating and financial experience to this assignment that will serve him well as CFO of Alcoa’s Global Primary Products business.”

Alcoa has aluminum smelters, mines and refineries throughout the U.S., Latin America, Australia, Iceland, Guinea, Europe, Canada and soon in Saudi Arabia through its joint venture with Ma’aden, the Saudi Arabian Mining Company. The Ma’aden-Alcoa smelter is due to be operational in 2013 and the mine and refinery in 2014.

Biographical information follows:

William F. (Bill) Oplinger

Bill Oplinger joined Alcoa in 2000 as manager of Corporate Analysis in the company’s Finance organization. He progressed to manager, Financial Analysis & Planning, and then Director of Investor Relations, based in New York. He joined the Global Primary Products (GPP) organization as controller and followed that assignment as vice president, Business Development, working on strategic projects within the group. He was named CFO for GPP in August 2010. Oplinger is also a member of the Alcoa Executive Council, the senior leadership group setting strategic direction for the company.

Earlier in his career, Oplinger worked at Westinghouse Electric Company in Pittsburgh and Charlotte, North Carolina, where he served in several engineering, marketing management and business planning positions including director, Business Planning for Westinghouse’s Process Control Division.

Oplinger earned a bachelor’s degree in 1989 in Industrial Engineering and Operations Research from Virginia Tech University and a Master’s of Science in Industrial Administration from Carnegie Mellon University in 1998.

Roy Harvey

Roy Harvey has been Director, Investor Relations since September 2010, responsible for interfacing with securities analysts and investors globally on Alcoa’s performance and strategic direction. Prior to this role, Harvey was Director of Corporate Treasury, where he was instrumental in developing an extensive enterprise risk management program for the company.

Previously, he was plant manager for the San Ciprián, Spain, smelter and Director of Finance and Business Integration for Global Primary Products (GPP) Europe, leading the finance and casthouse teams. He’s also served as casthouse manager and plant controller in São Luis (Brazil), and a member of GPP’s global casthouse network, where he developed performance measurement systems and drove casthouse profitability.

Before coming to Alcoa in 2002, Harvey worked with Greenstone Resources Ltd., a gold mining company based in Central America, as corporate manager of environmental affairs and operations reporting. He was based in Panamá City, Panamá, for three years and then Managua, Nicaragua, for an additional year.

He graduated with honors from The Wharton School of Business, University of Pennsylvania, simultaneously earning master’s degrees in International Business and Corporate Finance, and holds a bachelor’s degree in Mining Engineering from Columbia University. In 2008, Roy was named to the prestigious Young Leaders Program of the World Economic Forum.

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.