NEW YORK–(BUSINESS WIRE)–The Board of Directors of Arconic (NYSE: ARNC) declared (a) a dividend
of 6 cents per share on the outstanding Common Stock of the Company,
payable on February 25, 2019, to the holders of record of the Common
Stock at the close of business on February 8, 2019; and (b) a dividend
of 93.75 cents per share on Arconic’s $3.75 Cumulative Preferred Stock
(“Class A Stock”), payable on April 1, 2019, to the holders of record of
the Class A Stock at the close of business on March 15, 2019.

About Arconic

Arconic (NYSE: ARNC) creates breakthrough products that shape
industries. Working in close partnership with our customers, we solve
complex engineering challenges to transform the way we fly, drive, build
and power. Through the ingenuity of our people and cutting-edge advanced
manufacturing techniques, we deliver these products at a quality and
efficiency that ensure customer success and shareholder value. For more
information: www.arconic.com.
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Dissemination of Company Information

Arconic intends to make future announcements regarding Company
developments and financial performance through its website at www.arconic.com.

Investor Contact
Paul T. Luther
(212) 836-2758
Paul.Luther@arconic.com

Media Contact
Justin Falce
(412) 553-2666
Justin.Falce@arconic.com