© 2014 ATI. All Rights Reserved.

Wade Leach - Vice President of Sales, Marketing, & Product Management,

ATI Specialty Materials

September 22, 2014

© ATI 2014. All Rights Reserved. 2

Forward Looking Statements

This presentation contains forward-looking statements. Actual results may differ materially from results anticipated in

the forward-looking statements. These and additional risk factors are described from time to time in the Company’s

filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended

December 31, 2013.

© ATI 2014. All Rights Reserved. 3

Change

Specialty Metals Market

Impact

Traffic (RPMs)

Capacity (ASMs)

Airline Profitability

Fuel Costs

International Carriers

Growth of Low-Cost Carriers

(Sources: Airline Monitor, IATA press releases)

Commercial Aerospace Market Drivers

(Sources: Airline Monitor, IATA press releases)

© 2014 ATI All Rights Reserved. 4

Sources: Airline Monitor, July 2014 & ATI

Commercial Aircraft Engine Build Rates

*announced

0

500

1000

1500

2000

2500

3000

3500

4000

4500

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

SnecmaEngine AlliancePratt & WhitneyRRCFMIGENext Generation Engines

B787 GEnx

RR Trent 1000

A350XWB RR Trent XWB

B737max CFM Leap

A320neo CFM Leap PW 1000G

A330neo* Trent 7000

B777x GE9X

Build rates of Next Generation Aircraft & Engines Accelerating

5 © 2014 ATI All Rights Reserved.

Major Engine Programs - Firm Order Book (July 31, 2014)

Engine Program

Firm Order Book

CFM56 - 5B 1,446

CFM56 – 7B 3,588

V2500 1,130

CFM LEAP 7,170

PW 1000G 2,502

GEnx 1,062

Trent 1000 502

Trent XWB 1,484

Trent 7000

GE 90 562

GE 9X 572

Legacy Single Aisle 6,164 (Boeing 737, Airbus A320)

Future-Gen Single Aisle 9,672 (737 Max, A320Neo)

Source: Aero Engine News Sept 2014

CFM LEAP

PW 1000G

Boeing 787

Airbus A350XWB

Large Commercial Engine Backlog over 20,000. 2/3 are Next Generation!

Airbus A330neo – just launched

© ATI 2014. All Rights Reserved. 6

Commercial Engines in Service History and Forecast

Source: Airline Monitor

The larger the fleet, the greater the demand for spare parts.

70,000+

3.3% CAGR

50,000

55,000

60,000

65,000

70,000

75,000

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

© ATI 2014. All Rights Reserved. 7

Fan Titanium/Composites

High Pressure Compressor Titanium/Superalloys

Combustor Superalloys

High Pressure Turbine Superalloys/Powder Alloys

Low Pressure

Turbine Superalloys,

Gamma Ti Aluminides

Low Pressure Compressor Titanium

Jet Engine Materials

Engine Shaft High Strength Steels,

Superalloys

© ATI 2014. All Rights Reserved. 8

Fan & compressor cases, disks,

blisks, impellers, blades, vanes,

and fasteners

Fan Frame

Titanium Applications in Jet Engines

Intermediate Case

Compressor rotor

Forged Case

Fan Disc

Fan Disc w/blades

Titanium Forged Compressor Blades

Flow- formed Shaft

© ATI 2014. All Rights Reserved. 9

Engine Development Trends

• Demand for “Green” engines

Reduced noise

Reduced emissions (SO2, CO2, NO2)

• Improved fuel efficiency

Higher operating temperatures

Higher temperature capable materials

Lighter materials

• Lower operating costs for airlines

Reduced maintenance intervals

Reduced part count

New Designs and Materials

PWA Geared Turbofan

PW1100G

© ATI 2014. All Rights Reserved. 10

Changes in Jet Engine Design

• Limited introduction of composites

• Larger thrust engines

Consume more nickel-based and titanium alloys per engine

• Higher engine temperatures

Nickel-based alloy content in compressor growing

High temp powder/cast & wrought alloys

• New titanium-based materials

Gamma TiAl

• Advanced Manufacturing

• Additive Manufacturing

Evolutionary Change

© ATI 2014. All Rights Reserved. 11

Demand Drivers

• Higher build rates

• Larger engines

• Larger global fleet for spare parts

• New engine designs

• Fuel efficient hotter burning engines

Titanium in Jet Engines

CFMI LeapX

© ATI 2014. All Rights Reserved. 12