Alcoa Corporation (NYSE:AA) Q1 2025 Earnings Conference Call

April 16, 2025 5:00 PM ET

Company Participants

• Louis Langlois – SVP, Treasury & Capital Markets
• William Oplinger – President & CEO
• Molly Beerman – EVP & CFO

Conference Call Participants

• Timna Tanners – Wolfe Research
• William Peterson – JP Morgan
• Chris LaFemina – Jefferies
• Nick Giles – B. Riley Securities
• Carlos de Alva – Morgan Stanley
• Daniel Major – UBS
• Katja Jancic – BMO Capital Markets

Operator

Good afternoon and welcome to the Alcoa Corporation First Quarter 2025 Earnings Presentation and Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Louis Langlois, Senior Vice President of Treasury and Capital Markets. Please go ahead.

Louis Langlois

Thank you, and good day, everyone. I’m joined today by William Oplinger, Alcoa Corporation President and Chief Executive Officer; and Molly Beerman, Executive Vice President and Chief Financial Officer. We will take your questions after comments by Bill and Molly. As a reminder, today’s discussion will contain forward-looking statements relating to future events and expectations that are subject to various assumptions and caveats. Factors that may cause the company’s actual results to differ materially from these statements are included in today’s presentation and in our SEC filings. In addition, we have included some non-GAAP financial measures in this presentation. For historical non-GAAP financial measures, reconciliations to the most directly comparable GAAP financial measures can be found in the appendix to today’s presentation. We have not presented quantitative reconciliations of certain forward-looking non-GAAP financial measures for reasons noted on this slide. Any reference in our discussion today to EBITDA means adjusted EBITDA. Finally, as previously announced, the earnings press