Alcoa's Code of Conduct

Our Code of Conduct applies to all company directors, officers, and employees. It sets forth expectations regarding how we conduct business worldwide, consistent with our values and applicable laws and regulations. Training on Code of Conduct, either online or shop floor, is required for all employees and new hires.

Code of Conduct Amendments

To reduce complexity, in line with the Company’s strategic priorities, on December 5, 2018, the Board of Directors of Alcoa Corporation approved amendments to the Code of Conduct, primarily to consolidate the Business Conduct Policies and the Code of Ethics for the CEO, CFO and Other Financial Professionals (the “Code of Ethics”) with and into the Code of Conduct. This description of the amendments to the Code of Conduct does not purport to be complete and is qualified in its entirety by reference to the full text of the Code of Conduct.