Alcoa (AA) AGM 2026 summary

Opening remarks and agenda

• Meeting opened with a welcome and reflection on the past year, emphasizing a renewed commitment to safety following a fatal accident at the Alumar smelter in Brazil.

• Agenda and rules of conduct were outlined, with instructions for stockholder participation and question submission.

Financial performance review

• Achieved annual production records at five smelters and one refinery in 2025.

• Reduced total debt and streamlined the portfolio, including the sale of the Ma'aden joint venture and closure of the Kwinana refinery.

Board and executive committee updates

• Dr. Ernesto Zedillo recognized for his service as he concludes his board term; Brian Galovich welcomed as a new board member, bringing expertise in digital technologies.

• Board and management reaffirmed commitment to strong governance and long-term value creation.