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Independent Directors of Arconic Board Publish New Letter to Shareholders

NEW YORK–(BUSINESS WIRE)–The Independent Directors of the Arconic (NYSE: ARNC) Board published a letter to all shareholders today. The full text of the letter follows. To Fellow Arconic Shareholders: Last month, affiliates of Elliott Management Corporation announced their nomination of five director candidates to serve on Arconic’s Board of Directors and proposed that Arconic’s Chairman and Chief Executive Officer Klaus Kleinfeld should be replaced with a former Spirit AeroSystems CEO named L