www.alcoa.com<\/a>, as well as through press releases, filings with the Securities and Exchange Commission, conference calls, and webcasts.\n<\/p>\nForward-Looking Statements <\/b><\/p>\n
\nThis news release contains statements that relate to future events and expectations relating to the sale of Alcoa Corporation\u2019s rolling mill business, including but not limited to Alcoa Corporation\u2019s expectations regarding the completion and timing of the sale, types and estimates of associated costs, and financial impact of the sale, and as such constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include those containing such words as \u201canticipates,\u201d \u201cbelieves,\u201d \u201ccould,\u201d \u201cestimates,\u201d \u201cexpects,\u201d \u201cforecasts,\u201d \u201cgoal,\u201d \u201cintends,\u201d \u201cmay,\u201d \u201coutlook,\u201d \u201cplans,\u201d \u201cprojects,\u201d \u201cseeks,\u201d \u201csees,\u201d \u201cshould,\u201d \u201ctargets,\u201d \u201cwill,\u201d \u201cwould,\u201d or other words of similar meaning. All statements by Alcoa Corporation that reflect expectations, assumptions or projections about the future, other than statements of historical fact, are forward-looking statements. Forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties, and changes in circumstances that are difficult to predict. Although Alcoa Corporation believes that the expectations reflected in any forward-looking statements are based on reasonable assumptions, it can give no assurance that these expectations will be attained and it is possible that actual results may differ materially from those indicated by these forward-looking statements due to a variety of risks and uncertainties. Additional information concerning factors that could cause actual results to differ materially from those projected in the forward-looking statements is contained in Alcoa Corporation\u2019s filings with the Securities and Exchange Commission. Alcoa Corporation disclaims any obligation to update publicly any forward-looking statements, whether in response to new information, future events or otherwise, except as required by applicable law.\n<\/p>\n
Non-GAAP Financial Measures<\/b><\/p>\n
\nThe Adjusted EBITDA measure included in this release is derived from Alcoa Corporation\u2019s consolidated financial information but is not presented in Alcoa Corporation\u2019s financial statements prepared in accordance with accounting principles generally accepted in the United States of America (GAAP), and is considered a \u201cnon-GAAP financial measure\u201d under SEC regulations. Alcoa Corporation believes that this measure is meaningful to investors because Adjusted EBITDA provides additional information with respect to Alcoa Corporation\u2019s operating performance and Alcoa Corporation\u2019s ability to meet its financial obligations. The presentation of non-GAAP financial measures is not intended to be a substitute for, and should not be considered in isolation from, the financial measures reported in accordance with GAAP. A reconciliation to the most directly comparable GAAP financial measure is set forth below.\n<\/p>\n
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