Notice to Interested Persons

This document is a notice to interested persons regarding a proposal by Alcoa Inc., Howmet Corporation, and Alcoa Fujikura Ltd. to seek authorization from the Department of Labor for a reinsurance transaction. The reinsurance involves the reinsurance of risks and receipt of premiums by Three Rivers Insurance Company, a subsidiary of Alcoa Inc., for the companies' group term life insurance program. The notice outlines the plans involved, the changes to the plans, the exemption conditions, and the independent fiduciary's role.