Alcoa (NYSE:AA) has named Esra Ozer President of Alcoa Foundation, one
of the largest corporate foundations in the United States, effective
October 31. She succeeds Paula Davis, the Foundation’s President since
May 2010, who resigned to take a role outside of the Company.

Alcoa Foundation is a non-profit, independently endowed Foundation that
since its founding in 1952 has provided more than $570 million in grants
to nonprofit organizations. As President, Ozer will oversee the
organization’s global philanthropic activities and contributions, with a
strong focus on education and the environment, and its support to
Alcoa’s communities worldwide.

Over the span of her career, Ozer has held numerous communications and
foundation positions. At Alcoa, her previous roles include Assistant
Secretary to the Alcoa Board of Directors, and Director of Executive
Communications for Alcoa Chairman and CEO, Klaus Kleinfeld. At Siemens
Corporation, she was instrumental in establishing the U.S. Siemens
Foundation and its renowned national scholarship program, the Siemens
Competition in Math, Science and Technology.

“Esra’s demonstrated leadership and passion for corporate social
responsibility make her distinctly qualified to lead Alcoa Foundation,”
said Mike Barriere, Executive Vice President of Human Resources and
Environment, Health and Safety and Sustainability. “With her commitment
to volunteerism and STEM education, Esra is well positioned to continue
advancing the Foundation’s success in supporting education, workforce
development and the environment and our employee volunteerism in Alcoa’s
communities.”

Prior to joining Alcoa in 2008, Ozer was Senior Director of External
Relations at Siemens Corporation, where she led U.S. media relations and
issues management. During her decade-long tenure at Siemens, she also
oversaw the design and launch of an $11 million Disney sponsorship that
became Siemens’ largest integrated marketing initiative.

Ozer is a graduate of the SI Newhouse School of Public Communications at
Syracuse University. She was named to the 2013-2014 class of David
Rockefeller Fellows, a civic engagement program of the Partnership for
New York City. She serves as Chair of the Associate Board of City Year
New York. She was a Young Leader of the American Council on Germany
(2007) and is a member and Young Leader of the American Turkish Society.
Ozer also serves on the Global Steering Committee of the Alcoa Women’s
Network.

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 125 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 12 consecutive years and approximately 75
percent of all of the aluminum ever produced since 1888 is still in
active use today. Alcoa employs approximately 61,000 people in 30
countries across the world. For more information, visit www.alcoa.com,
follow @Alcoa on Twitter at www.twitter.com/Alcoa,
and follow Alcoa on Facebook at www.facebook.com/Alcoa.

About Alcoa Foundation
In September, the Foundation
announced a US$1.25 million internship program for 500 students in eight
countries over the next two years. The program is a community-wide
initiative involving several manufacturing companies and will be managed
by the Institute
of International Education (IIE). The goal is to provide
unemployed youth with the experience to start a successful career in
manufacturing.

Alcoa Foundation is one of the largest corporate foundations in the
U.S., with assets of approximately $460 million. Founded 60 years ago,
Alcoa Foundation has invested more than $570 million since 1952. In
2012, Alcoa Foundation contributed more than $21 million to nonprofit
organizations throughout the world, building innovative partnerships to
improve the environment and educate tomorrow’s leaders for careers in
manufacturing and engineering. The work of Alcoa Foundation is further
enhanced by Alcoa’s thousands of employee volunteers who share their
talents and time to make a difference in the communities where Alcoa
operates. Through the Company’s signature Month of Service program, in
2012, a record 60 percent of Alcoa employees took part in more than
1,050 events across 24 countries, benefiting more than 450,000 people
and 2,050 nonprofit organizations. For more information, visit alcoafoundation.com
and follow @AlcoaFoundation
on Twitter.

Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20131028005127/en/

Alcoa
Investor Contact
Kelly Pasterick, 212-836-2674
Kelly.Pasterick@alcoa.com
or
Media Contact
Suzanne Van de Raadt, 212-836-2662
Suzanne.vanderaadt@alcoa.com