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December 8, 2011

Alcoa Continues as a Top Achiever on Corporate Equality Index for Third Consecutive Year

Only Mining and Metals Company in Top Ranking

NEW YORK--Alcoa (NYSE:AA) announced today that it is the only Mining and Metals company to achieve a top ranking in the 2012 Corporate Equality Index and Best Places to Work for LGBT Equality. This is the third year in a row Alcoa has received the top score of 100 from the Human Rights Campaign (HRC) Foundation, which evaluates American workplaces on lesbian, gay, bisexual and transgender equality (LGBT). The HRC Foundation is the educational segment of America’s largest civil rights organization.

A total of 850 businesses have been rated in the 2012 Corporate Equality Index, including the entire Fortune 500. This year, 190 companies received a 100 percent score on significantly more stringent criteria. To receive a perfect score, companies must have fully inclusive equal employment opportunity policies, provide equal employment benefits, demonstrate organizational LGBT competency, evidence their commitment to equality publicly and exercise responsible citizenship. In addition, this year HRC called out the growth in transgender health care benefits, which grew to 207 companies from 85 companies a year ago, a 144 percent increase. Alcoa will offer transgender health care benefits starting in 2012.

“Alcoa is proud to be recognized with the Best Place to Work distinction and one of the top achievers with a perfect score on the Corporate Equality Index,” said Alcoa Vice President of Human Resources Jack Bergen. “This recognition reinforces Alcoa’s commitment to creating a workplace that respects and provides equal opportunity to all of our employees. Only by valuing diverse talent and perspectives, can Alcoa continue to be the innovation leader of our industry.”

The Corporate Equality Index has become the foremost benchmark for businesses to gauge their level of LGBT workplace inclusion against competitors.

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.