On February 17, 2026, Howmet Aerospace Inc. announced a proposed offering of senior notes. The pricing and terms of the Notes are subject to market conditions and other factors. The Company intends to use the net proceeds from the offering, together with $600 million of borrowings under its commercial paper program or debt facilities and cash on hand, to finance the approximately $1.8 billion purchase price for the proposed acquisition of Consolidated Aerospace Manufacturing, LLC (the Proposed CAM Acquisition).