On April 8, 2024, Howmet Aerospace Inc. filed a definitive proxy statement soliciting proxies and urged the shareholders to vote against a shareholder proposal, requesting that the Board adopt a policy to seek shareholder approval of senior managers? new or renewed pay packages that provides for golden parachutes payments with an estimated value exceeding 2.99 times the sum of the executive?s base salary plus target short-term bonus, submitted by Kenneth Steiner at the Company?s annual shareholders meeting scheduled to be held on May 22, 2024.