ALCOA CORP

Ticker: AA CUSIP: 013872106 Class: COM

BW Gestao de Investimentos Ltda.'s Holding History (CIK: 0001568280)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 77,455 Value ($000) $4,116 Avg Close $40.88 Range $32.77 - $54.82

Q3 2025

Shares 690,000 Value ($000) $22,694 Avg Close $30.96 Range $27.94 - $34.16

Q4 2017

Shares 299,200 Value ($000) $16,118 Avg Close $43.68 Range $38.42 - $52.16

Q2 2017

Shares 362,825 Value ($000) $11,846 Avg Close $30.99 Range $28.23 - $35.53

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	77,455	$4,116	$40.88	$32.77 - $54.82
Q3 2025	690,000	$22,694	$30.96	$27.94 - $34.16
Q4 2017	299,200	$16,118	$43.68	$38.42 - $52.16
Q2 2017	362,825	$11,846	$30.99	$28.23 - $35.53