UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol Name of each exchange on which registered Common stock, par value $0.10 ATI New York Stock Exchange Emerging growth company ☐ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From to C ...

Financial Data and Key Metrics Changes - ATI reported adjusted earnings per share of $0.59, at the top end of guidance, reflecting a 9% year-over-year revenue increase to $1.05 billion [15][7] - Adjusted EBITDA margin increased to 14.3%, a 150 basis point sequential improvement, with overall adjusted EBITDA rising by 13% from the previous quarter [10][15] - The order backlog grew over 20% year-to-date, reaching $3.5 billion at the end of June [4][9] Business Line Data and Key Metrics Changes - Aerospace and Defense (A&D) sales increased by 5% quarter-over-quarter and 39% year-over-year, now accounting for 58% of total revenue, up from 46% a year ago [3][4][9] - High Performance Materials & Components (HPMC) segment sales grew 12% quarter-over-quarter and 33% year-over-year, with EBITDA margins increasing by 350 basis points to 20.5% [5][10] - Advanced Alloys and Solutions (AA&S) segment experienced a sequential sales decline due to softness in general industrial markets [11][15] Market Data and Key Metrics Changes - The Asian Precision Rolled Strip business is stabilizing but not yet recovering, with continued late deliveries impacting performance [7][11] - Demand for materials in military applications remains strong, particularly for brown vehicles, rotorcraft, and naval applications [3][4] Company Strategy and Development Direction - The company is focused on increasing its A&D content to 65% or higher of total business, projecting it will exceed 60% by year-end [9][10] - ATI is investing in expanding titanium melt capacity, with a 35% increase projected by the end of 2024 [20][21] - The strategic transformation aims to reduce volatility in quarterly results and stabilize performance [21][22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the recovery of markets and sustained demand, with a strong backlog and operational improvements expected to drive future growth [18][22] - The company anticipates continued robust A&D demand and operational improvements will contribute to a strong finish in Q4 2023 [16][17] Other Important Information - The company generated $68 million in cash from operations in Q2, ending the quarter with total liquidity of approximately $770 million [14] - A $75 million share repurchase program is expected to be completed by the end of the year [14] Q&A Session Summary Question: Expansion on $1.2 billion in new contracts - Management confirmed that the new contracts should be accretive, with an expected incremental EBITDA of $40 million to $50 million from these commitments [26] Question: Titanium trends and share gains - Management noted aggressive share gains in titanium, with lead times extending into 2024 and pricing reflecting a seller's market [30][31] Question: HPMC margin performance - The strong margin in HPMC was attributed to volume and price/mix, with improvements in throughput and operational efficiencies [35][36] Question: Non-A&D demand headwinds in AA&S - Management expects a slight decline in Q3 for AA&S, stabilizing in Q4 before recovering in Q1 2024 [38][41] Question: Nickel pass-through and pension impact - Management indicated that higher nickel prices have been a headwind but do not expect this to continue into 2025 [44][47] Question: Future opportunities in titanium - Management believes there are still opportunities for share gains in titanium, particularly as the wide-body market recovers [51][52]

Proven to per form anywhere. Second Quarter 2023 Earnings August 2, 2023 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol Name of each exchange on which registered Common stock, par value $0.10 ATI New York Stock Exchange Emerging growth company ☐ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From to Commis ...

ATI Inc. (NYSE:ATI) Q1 2023 Earnings Conference Call May 4, 2023 10:30 AM ET Company Participants Tom Wright - IR Robert Wetherbee - Board Chair, President, and CEO Kimberly Fields - Executive Vice President and COO Donald Newman - Executive Vice President and CFO Conference Call Participants Richard Safran - Seaport Research Partners Philip Gibbs - KeyBanc Seth Seifman - JPMorgan David Strauss - Barclays Gautam Khanna - Cowen Operator Hello, everyone, and welcome to the ATI First Quarter 2023 Earnings Call ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol Name of each exchange on which registered Common stock, par value $0.10 ATI New York Stock Exchange Emerging growth company ☐ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From to Commi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Title of each class Trading Symbol Name of each exchange on which registered Common stock, par value $0.10 ATI New York Stock Exchange For the fiscal year ended December 31, 2022 OR ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number 1- ...

ATI Inc. (NYSE:ATI) Q4 2022 Earnings Conference Call February 2, 2022 10:30 AM ET Company Participants Tom Wright - IR Bob Wetherbee - Board Chair, President and CEO Don Newman - EVP and CFO Conference Call Participants Richard Safran - Seaport Global Phil Gibbs - KeyBanc Capital Markets Seth Seifman - JPMorgan Gautam Khanna - Cowen David Strauss - Barclays Timna Tanners - Wolfe Research Operator Good morning. My name is Lauren and I'll be your conference operator today. At this time, I would like to welcom ...

ATI Inc. (NYSE:ATI) Q3 2022 Earnings Conference Call November 2, 2022 2:30 PM ET Company Participants Tom Wright - IR Bob Wetherbee - Board Chair, President and CEO Don Newman - EVP and CFO Conference Call Participants Seth Seifman - JPMorgan Phil Gibbs - KeyBanc Gautam Khanna - Cowen Josh Sullivan - The Benchmark Co. Timna Tanners - Wolfe Research Operator Thank you for standing by and welcome to the ATI Q3 2022 Earnings Call. My name is Sam and I'll be your moderator for today's call. All lines will be mu ...