2018 Guide to Effective Proxies

2 6 TH EDITION | GUIDE TO EFFECTIVE PROXIES AK Steel Holding Corporation ALCOA, INC. CREATING INNOVATIVE STEEL SOLUTIONS NOTICEOF 2018ANNUALMEETINGOF STOCKHOLDERSAND PROXY STATEMENT AK Steel’s new Research and Innovation Center Notice of 2018 Annual Meeting of Stockholders and Proxy Statement Reduce Complexity Drive Returns Strengthen the Balance Sheet 2.1 Document cover Increasingly, companies are placing a cover on their proxy statements, prominently featuring their name, logo and even brands (this is particularly true for consumer product companies). Some proxy statement covers feature artwork or images reflecting their business and customers. For others, the proxy cover complements the cover of the annual report, while clearly differentiating the two documents.

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