Alcoa Inc. Is Incorporated in the Commonwealth of Pennsylvania Unlocking Value
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Alcoa Corporate Center 201 Isabella Street Pittsburgh, PA 15212-5858 Tel 1.412.553.4545 Fax 1.412.553.4498 www.alcoa.com Alcoa Inc. is incorporated in the Commonwealth of Pennsylvania Unlocking Value ANNUAL REPORT 2015 ANNUAL REPORT For personal use only Unlocking Value ANNUAL REPORT 2015 7478_CVRc3.indd 1 3/8/16 10:42 PM Alcoa Corporate Center 201 Isabella Street Pittsburgh, PA 15212-5858 Tel 1.412.553.4545 Fax 1.412.553.4498 www.alcoa.com Alcoa Inc. is incorporated in the Commonwealth of Pennsylvania Unlocking Value FUTURE READY Globally Competitive Upstream Business ANNUAL REPORT 2015 ANNUAL REPORT For personal use only DRIVING VALUE Lightweight Multi-Material Unlocking Value Innovation Powerhouse ANNUAL REPORT 2015 7478_CVRc6.indd 1 3/10/16 12:26 PM Shareholder Information Annual Meeting Shareholder Services The annual meeting of shareholders will be at 9:30 a.m. Friday, Shareholders with questions on account balances, dividend May 6, 2016, at the Fairmont Hotel, Pittsburgh, Pennsylvania. checks, reinvestment, direct deposit, address changes, lost or misplaced stock certifi cates, or other shareholder account Company News matters may contact Alcoa’s stock transfer agent, registrar, Visit www.alcoa.com for Securities and Exchange Commission and dividend disbursing agent, Computershare: fi lings, quarterly earnings reports, and other Company news. BY TELEPHONE Copies of the annual report and Forms 10-K and 10-Q may be 1.888.985.2058 (in the United States and Canada) requested at no cost at www.alcoa.com/invest or by writing 1.201.680.6578 (all other calls) to Corporate Communications at the corporate center address 1.800.231.5469 (Telecommunications Device for the Deaf: TDD) located on the back cover of this report. BY INTERNET Investor Information www.computershare.com ALCOA Securities analysts and investors may write to Investor Relations, BY REGULAR MAIL Alcoa, 390 Park Avenue, New York, NY 10022-4608, call Computershare 1.212.836.2674, or e-mail [email protected]. P.O. Box 30170 College Station, TX 77842-3170 WHO WE ARE Other Publications For more information on Alcoa Foundation and Alcoa community BY OVERNIGHT CORRESPONDENCE A global leader in lightweight metals technology, investments, visit www.alcoa.com under “community” or Computershare engineering and manufacturing, Alcoa innovates www.alcoafoundation.com. 211 Quality Circle, Suite 210 multi-material solutions that advance our world. College Station, TX 77845 For Alcoa’s Sustainability Report, visit www.alcoa.com/sustainability; Our technologies enhance transportation, from For shareholder questions on other matters related to Alcoa, write to Sustainability at the corporate center address located on automotive and commercial transport to air and write to Corporate Secretary, Alcoa, 390 Park Avenue, the back of this report; or e-mail [email protected]. space travel, and improve industrial and consumer New York, NY 10022-4608, call 1.212.836.2732, or e-mail [email protected] electronics products. We enable smart buildings, Dividends . sustainable food and beverage packaging, high per- Alcoa’s objective is to pay common stock dividends at rates Stock Listing formance defense vehicles across air, land and sea, competitive with other investments of equal risk and consistent Common Stock deeper oil and gas drilling and more effi cient power with the need to reinvest earnings for long-term growth. Cash New York Stock Exchange | Ticker symbol: AA generation. We pioneered the aluminum industry dividend decisions are made by Alcoa’s Board of Directors and Australian Stock Exchange | Ticker symbol: AAI over 125 years ago, and today, our approximately are reviewed on a regular basis. 60,000 people in 30 countries deliver value-add $3.75 Cumulative Preferred Stock (Class A) New York Stock Exchange MKT | Ticker symbol: AA.PR products made of titanium, nickel and aluminum, Dividend Reinvestment and produce best-in-class bauxite, alumina and Alcoa’s transfer agent sponsors and administers a Dividend Depositary Shares, Each a 1/10th Interest in a Share of 5.375% Reinvestment and Stock Purchase Plan for shareholders of primary aluminum products. Mandatory Convertible Preferred Stock (Class B) Alcoa’s common stock and $3.75 cumulative preferred stock. New York Stock Exchange | Ticker symbol: AA-PRB The plan allows shareholders to reinvest all or part of their quarterly dividends in shares of Alcoa common stock. Quarterly Common Stock Information Shareholders also may purchase additional shares of common stock under the plan with cash contributions. 2015 2014 QUARTER HIGH LOW DIVIDEND HIGH LOW DIVIDEND Direct Deposit of Dividends First $17.10 $12.65 $0.03 $12.97 $9.82 $0.03 For personal use only Shareholders may have their quarterly dividends deposited Second 14.29 11.15 0.03 15.18 12.34 0.03 directly to their checking, savings, or money market accounts Third 11.23 7.97 0.03 17.36 14.56 0.03 at any fi nancial institution that participates in the Automated Fourth 11.18 7.81 0.03 17.75 13.71 0.03 Clearing House system. Year 17.10 7.81 $0.12 $17.75 9.82 $0.12 77478_CVRc3.indd478_CVRc3.indd 2 33/8/16/8/16 110:420:42 PMPM Shareholder Information Annual Meeting Shareholder Services The annual meeting of shareholders will be at 9:30 a.m. Friday, Shareholders with questions on account balances, dividend May 6, 2016, at the Fairmont Hotel, Pittsburgh, Pennsylvania. checks, reinvestment, direct deposit, address changes, lost or misplaced stock certifi cates, or other shareholder account Company News matters may contact Alcoa’s stock transfer agent, registrar, Visit www.alcoa.com for Securities and Exchange Commission and dividend disbursing agent, Computershare: fi lings, quarterly earnings reports, and other Company news. BY TELEPHONE Copies of the annual report and Forms 10-K and 10-Q may be 1.888.985.2058 (in the United States and Canada) requested at no cost at www.alcoa.com/invest or by writing 1.201.680.6578 (all other calls) to Corporate Communications at the corporate center address 1.800.231.5469 (Telecommunications Device for the Deaf: TDD) located on the back cover of this report. BY INTERNET Investor Information www.computershare.com ALCOA Securities analysts and investors may write to Investor Relations, BY REGULAR MAIL Alcoa, 390 Park Avenue, New York, NY 10022-4608, call Computershare 1.212.836.2674, or e-mail [email protected]. P.O. Box 30170 College Station, TX 77842-3170 WHO WE ARE Other Publications For more information on Alcoa Foundation and Alcoa community BY OVERNIGHT CORRESPONDENCE A global leader in lightweight metals technology, investments, visit www.alcoa.com under “community” or Computershare engineering and manufacturing, Alcoa innovates www.alcoafoundation.com. 211 Quality Circle, Suite 210 multi-material solutions that advance our world. College Station, TX 77845 For Alcoa’s Sustainability Report, visit www.alcoa.com/sustainability; Our technologies enhance transportation, from For shareholder questions on other matters related to Alcoa, write to Sustainability at the corporate center address located on automotive and commercial transport to air and write to Corporate Secretary, Alcoa, 390 Park Avenue, the back of this report; or e-mail [email protected]. space travel, and improve industrial and consumer New York, NY 10022-4608, call 1.212.836.2732, or e-mail [email protected] electronics products. We enable smart buildings, Dividends . sustainable food and beverage packaging, high per- Alcoa’s objective is to pay common stock dividends at rates Stock Listing formance defense vehicles across air, land and sea, competitive with other investments of equal risk and consistent Common Stock deeper oil and gas drilling and more effi cient power with the need to reinvest earnings for long-term growth. Cash New York Stock Exchange | Ticker symbol: AA generation. We pioneered the aluminum industry dividend decisions are made by Alcoa’s Board of Directors and Australian Stock Exchange | Ticker symbol: AAI over 125 years ago, and today, our approximately are reviewed on a regular basis. 60,000 people in 30 countries deliver value-add $3.75 Cumulative Preferred Stock (Class A) New York Stock Exchange MKT | Ticker symbol: AA.PR products made of titanium, nickel and aluminum, Dividend Reinvestment and produce best-in-class bauxite, alumina and Alcoa’s transfer agent sponsors and administers a Dividend Depositary Shares, Each a 1/10th Interest in a Share of 5.375% Reinvestment and Stock Purchase Plan for shareholders of primary aluminum products. Mandatory Convertible Preferred Stock (Class B) Alcoa’s common stock and $3.75 cumulative preferred stock. New York Stock Exchange | Ticker symbol: AA-PRB The plan allows shareholders to reinvest all or part of their quarterly dividends in shares of Alcoa common stock. Quarterly Common Stock Information Shareholders also may purchase additional shares of common stock under the plan with cash contributions. 2015 2014 QUARTER HIGH LOW DIVIDEND HIGH LOW DIVIDEND Direct Deposit of Dividends First $17.10 $12.65 $0.03 $12.97 $9.82 $0.03 For personal use only Shareholders may have their quarterly dividends deposited Second 14.29 11.15 0.03 15.18 12.34 0.03 directly to their checking, savings, or money market accounts Third 11.23 7.97 0.03 17.36 14.56 0.03 at any fi nancial institution that participates in the Automated Fourth 11.18 7.81 0.03 17.75 13.71 0.03 Clearing House system. Year 17.10 7.81 $0.12 $17.75 9.82 $0.12 77478_CVRc3.indd478_CVRc3.indd 2 33/8/16/8/16 110:420:42 PMPM Launching Two Strong Companies For personal use only 7478_NarrC6.indd 1 3/10/16 11:21 AM Chairman’s Letter The macro-economic events of 2015 were like upstream portfolio around fi ve free-standing a bracing, cold storm for our industry, driving business units—the world’s largest low-cost the S&P Metals & Mining Index down 51%.