Alcoa Corporation announced that Steven W. Williams, Chairman of the Board, will not stand for re-election at the company's 2025 Annual Meeting of Stockholders. Williams, who has served on the Board since Alcoa became a public company in 2016 and as Chairman since 2021, will continue in his role until the conclusion of the Annual Meeting. His decision is not due to any disagreement with the company or the Board. Following his departure, the Board will be reduced to eleven members. President and CEO William F. Oplinger expressed gratitude for Williams' leadership and contributions to Alcoa’s transformation into a leading global aluminum company.