• Howmet Aerospace BDR program will shift its underlying-to-BDR ratio to 1:25 from 1:1, effective at Brazil market open on 27/07/2026.
• Mandatory BDR stock split will deliver 24 additional BDRs per BDR held on 24/07/2026.
• Books close for BDR issuance or cancellation from 27/07/2026 to 28/07/2026; new BDRs credit on 29/07/2026.
• Fractional entitlements will be paid in cash, subject to income tax withholding; no rounding of fractions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Howmet Aerospace Inc. published the original content used to generate this news brief on July 15, 2026, and is solely responsible for the information contained therein.