Document:

EX-4(a)

 Exhibit 4(a) 

RTI International Metals, Inc. 

2014 STOCK AND INCENTIVE PLAN 

1. Purpose and Effective Date.  

(a) Purpose. The purpose of the RTI International Metals, Inc. 2014 Stock and Incentive Plan (the “Plan”) is to
provide a means for RTI International Metals, Inc., an Ohio corporation (the “Company”) and its Subsidiaries to: (i) attract, motivate and retain highly competent employees, (ii) provide a means whereby selected employees
can acquire and maintain stock ownership, thereby strengthening their concern for the long-term welfare of the Company, (iii) provide employees with additional incentive and reward opportunities designed to enhance the profitable growth of the
Company over the long term, and (iv) grant awards under the Plan to Non-Employee Directors to enhance the Company’s ability to attract and retain highly qualified Directors. Accordingly, the Plan provides for granting Incentive Stock
Options, Options which do not constitute Incentive Stock Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Performance Shares, Performance Units, Dividend Equivalent Units, Incentive Awards, or any combination of the
foregoing, as is best suited to the circumstances of the Company and particular employee or Non-Employee Director as provided herein. 

(b) Effective Date and Duration. The Plan was adopted by the Board on March 17, 2014, subject to approval by the Company’s
shareholders. Subject to the provisions of Section 17, the Plan shall remain in effect until such time as all Options and Stock Appreciation Rights granted under the Plan have been exercised or expired in accordance with their terms, all
restrictions imposed upon outstanding Restricted Stock Awards and Restricted Stock Unit Awards have lapsed and the conditions underlying all Performance Awards and Incentive Awards have been satisfied. 

(c) Prior Plans. If the Company’s shareholders approve this Plan, then the RTI International Metals, Inc. 2004 Stock Plan, as
amended (the “Prior Plan”) will terminate on the date of such shareholder approval, and no new awards will be granted under the Prior Plan after its termination date; provided that the Prior Plan will continue to govern awards
issued under the Prior Plan which are outstanding as of the date of the Prior Plan’s termination and such awards shall continue in force and effect until fully distributed or terminated pursuant to their terms. 

2. Definitions. Capitalized terms used in this Plan have the meanings given below. Additional defined terms are set forth in other
sections of this Plan. 
 (a) “10% Shareholder” means an Eligible Employee who, as of the date an ISO is granted to such
individual, owns more than ten percent (10%) of the total combined voting power of all classes of Stock then issued by the Company or a Subsidiary. 

(b) “Administrator” means the Committee or such other committee or officers of the Company authorized to act as the
Administrator with respect to Awards granted (or to be granted) to employees; provided, however, that all Awards granted to Section 16 Participants or that are subject to Code Section 162(m) may only be awarded by the Committee acting as
Administrator. 

  
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 (c) “Affiliate” or “Affiliated Company” means any entity,
whether now or hereafter existing, that, directly or through one or more intermediaries, is controlled by, controls, or is under common control with the Company within the meaning of Code Sections 414(b) or (c), provided that, in applying such
provisions, the phrase “at least 50 percent” shall be used in place of “at least 80 percent” each place it appears therein. 

(d) “Award” means a grant of an Option Award, Stock Appreciation Rights, Performance Shares, Performance Units, Restricted
Stock, Restricted Stock Units, Dividend Equivalent Units, Incentive Awards, or any other type of award permitted under the Plan. 
 (e)
“Beneficial Ownership” (or derivatives thereof) shall have the meaning ascribed to such term in Rule 13d-3 promulgated under the Exchange Act. 

(f) “Board” means the Board of Directors of the Company. 

(a) “Cause” means shall mean (i) with respect to a Participant who is party to a written agreement with, participates in
a compensation or benefit plan of the Company, or, alternatively, is subject to a written policy of the Company, which agreement, plan or policy contains a definition of “for cause” or “cause” (or words of like import) for
purposes of termination of employment or service as a director thereunder by the Company, “for cause” or “cause” as defined in the most recent version of such agreements or plans, or (ii) in all other cases, (a) the
willful commission by a Participant of a criminal or other act that causes substantial economic damage to the Company or substantial injury to the business reputation of the Company; (b) the commission by a Participant of an act of fraud in the
performance of such Participant’s duties on behalf of the Company; (c) the continuing willful failure of a Participant to perform the duties of such Participant for the Company (other than such failure resulting from the Participant’s
incapacity due to physical or mental illness) after written notice thereof and a reasonable opportunity to cure such failure are given to the Participant by the Participant’s supervisor or (d) the good faith determination by the Board of
the Company, in the form of a written resolution, that such termination was “for cause” after affording such Participant a reasonable opportunity to be heard. For purposes of the Plan, no act, or failure to act, on the Participant’s
part shall be considered “willful” unless done or omitted to be done by the Participant not in good faith and without reasonable belief that the Participant’s action or omission was in the best interest of the Company. 

(g) “Change of Control” means the first to occur of the following events: 

(i) Any Person is or becomes the Beneficial Owner, directly or indirectly, of securities of the Company representing thirty
percent (30%) or more of the combined voting power of the Company’s then outstanding voting securities; provided, however, that for purposes of this definition the term 

  
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 “Person” shall not include (i) the Company or any of its majority-owned
Subsidiaries, (ii) a trustee or other fiduciary holding securities under an employee benefit plan of the Company or any of its Subsidiaries, (iii) an underwriter temporarily holding securities pursuant to an offering of such securities, or
(iv) a corporation owned, directly or indirectly, by the stockholders of the Company in substantially the same proportions as their ownership of Stock of the Company, or 

(ii) The following individuals cease for any reason to constitute a majority of the number of Directors then serving on the
Board; individuals who, on the date hereof are serving as Directors on the Board and any new Director (other than a Director whose initial assumption of office is in connection with an actual or threatened election contest, including but not limited
to a consent solicitation, relating to the election of Directors) whose appointment or election by the Board or nomination for election by the Company’s stockholders was approved by a vote of at least two-thirds (2/3) of the Directors then
still in office who either were Directors on the date hereof or whose appointment, election or nomination for election was previously so approved, or 

(iii) There is consummated a merger or consolidation of the Company with any other corporation, other than a merger or
consolidation which would result in the holders of the voting securities of the Company outstanding immediately prior thereto holding securities which represent immediately after such merger or consolidation at least 60% of the combined voting power
of the voting securities of the entity surviving the merger or consolidation (or the parent of such surviving entity), or the shareholders of the Company approve a plan of complete liquidation of the Company, or there is consummated the sale or
other disposition of all or substantially all of the Company’s assets. 
 Notwithstanding the foregoing or any provision of this Plan to
the contrary, if an Award is subject to Section 409A (and not excepted therefrom) and a Change of Control is a distribution event for purposes of the Award, the foregoing definition of Change of Control shall be interpreted, administered and
construed in a manner necessary to ensure that the occurrence of any such event shall result in a Change of Control only if such event qualifies as a change in the ownership or effective control of a corporation, or a change in the ownership of a
substantial portion of the assets of a corporation, as applicable, within the meaning of Treas. Reg. § 1.409A-3(i)(5). 
 (h)
“Code” means the Internal Revenue Code of 1986, as amended. Any reference to a specific provision of the Code includes any amendments or successor provision and the regulations promulgated under such provision. 

(i) “Commission” means the United States Securities and Exchange Commission or any successor agency. 

  
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 (j) “Committee” means the Compensation Committee of the Board (or a successor
committee with the same or similar authority), or such other committee of the Board designated by the Board to administer the Plan composed of no fewer than two Directors, each of whom is a “non-employee director” within the meaning of
Rule 16b-3 and an “outside director” within the meaning of Code Section 162(m)(4)(C); provided that if no such committee shall be in existence at any time, the functions of the Committee shall be carried out by the Board. 

(k) “Company” means RTI International Metals, Inc., an Ohio corporation, or any successor thereto. 

(l) “Director” means a member of the Board, and “Non-Employee Director” means a Director who is not also an
officer or an employee of the Company or an Affiliate. 
 (m) “Disability” means the Participant is unable to engage in any
substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or to last for a continuous period of not less than 12 months. 

(n) “Dividend Equivalent Unit” means the right to receive a payment, in cash or property, equal to the cash dividends or
other distributions paid with respect to a Share. 
 (o) “Eligible Employee” means any officer or other employee of the
Company or of any Affiliate, or any individual that the Company or an Affiliate has engaged to become an officer or employee. 
 (p)
“Exchange Act” means the Securities Exchange Act of 1934, as amended. Any reference to a specific provision of the Exchange Act includes any successor provision and the regulations and rules promulgated under such provision. 

(q) “Excluded Items” means, to the extent consistent with Section 162(m) of the Code and the regulations promulgated
thereunder, (i) any gains or losses from the sale of assets outside the ordinary course of business; (ii) any gains or losses from discontinued operations; (iii) any extraordinary gains or losses; (iv) the impairment of tangible
or intangible assets; (v) litigation or claim judgments or settlements, (vi) the effects of changes in tax law, accounting changes or other such laws or provisions affecting reported results; (vii) business combinations,
reorganizations and/or restructuring programs approved by the Board; (viii) currency fluctuations, (ix) reductions in force, (x) early retirement incentives approved by the Board; (xi) the diluted impact of goodwill on
acquisitions; and (xii) any unusual, nonrecurring, extraordinary, transition, one-time or similar items or charges that are reported publicly by the Company and/or described in management’s discussion and analysis of financial condition
and results of operations or the financial statements and notes thereto appearing in the Company’s annual report to shareholders for the applicable year. The Committee shall make a determination at the time the performance goals are established
whether Excluded Items shall be applied, in whole or in part, in such manner as determined by the Committee, so as to exclude the adverse effect of any such Excluded Items that occur during a performance period. 

  
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 (r) “Fair Market Value” means, per Share on a particular date: (i) the mean
of the high and low prices on such date on the New York Stock Exchange rounded up to the next whole cent or, if no sales of Stock occur on the date in question, on the last preceding date on which there was a sale on such market; (ii) if the
Shares are not listed on the New York Stock Exchange, but are traded on another national securities exchange or in an over-the-counter market, the last sales price (or, if there is no last sales price reported, the average of the last bid and asked
prices) for the Shares on the particular date, or on the last preceding date on which there was a sale of Shares on that exchange or market; or (iii) if the Shares are neither listed on a national securities exchange nor traded in an
over-the-counter market, the price determined by the Administrator. The Administrator also shall establish the Fair Market Value of any other property. 

(s) “Incentive Award” means the right to receive a payment to the extent the Performance Goals specified in such Award are
achieved, and shall include annual and/or long-term Awards as described in Section 12. 
 (t) “Incentive Stock Option”
or “ISO” means an Option that meets the requirements of Code Section 422. 
 (u) “Minimum Criteria”
mean a Restriction Period that is not less than three (3) years from the date of grant of a Restricted Stock Award or Restricted Stock Unit Award. 

(v) “Option” or “Option Award” means the right to purchase Shares at a stated price for a specified period
of time and may be in the form of a Non-Qualified Option or an Incentive Stock Option. 
 (w) “Participant” means an
individual selected by the Administrator to receive an Award. 
 (x) “Performance Award” means an Award of Performance
Shares or Performance Units, and any Award of Restricted Stock or Restricted Stock Units, the payment or vesting of which is contingent on the attainment of one or more of the Performance Goals specified in such Award. 

(y) “Performance Goals” means one or more goals based on the following performance criteria (in all cases after taking into
account any Excluded Items, as applicable), including in each case any measure based on such criteria: (i) basic or diluted earnings per common Share for the Company on a consolidated basis; (ii) gross or operating margins;
(iii) total shareholder return; (iv) Fair Market Value of Shares; (v) net sales; (vi) cost of sales; (vii) gross profit; (viii) selling, general and administrative expenses; (ix) operating income; (x) segment
income; (xi) earnings before or after interest and the provision for income taxes, depreciation, and/or amortization; (xii) net income; (xiii) managed working capital as a 

  
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percentage of sales and other targets based on working capital metrics; (xiv) inventories; (xv) trade working capital; (xvi) return on equity; (xvii) return on assets;
(xviii) return on invested capital; (xix) return on sales; (xx) economic value added, or other measure of profitability that considers the cost of capital employed; (xxi) cash flow (including but not limited to operating cash
flow, free cash flow, cash flow return on equity and cash flow return on investment); (xxii) net cash provided by operating activities; (xxiii) net increase (decrease) in cash and cash equivalents; (xxiv) customer satisfaction, which
may include customer backlog and/or relationships; (xxv) market share; (xxvi) safety performance; (xxvii) employee engagement; (xxviii) employee and/or supplier diversity improvement; (xxix) sustainability measures, such as
reduction in greenhouse gases; (xxx) completion of integration of acquired businesses and/or strategic activities; (xxxi) development, completion and implementation of succession planning; (xxxii) productivity or operating
efficiencies; (xxxiii) cost improvements; (xxxiv) debt reduction; and (xxxv) achievement of certain quantitatively and objectivity determinable non-financial performance measures (e.g. strategic initiatives, corporate development).

 The Performance Goals described in items (v) through (xxxv) may be measured (A) for the Company on a consolidated basis, (B) for any
one or more Affiliates or divisions of the Company and/or (C) for any other business segment of the Company or an Affiliate as defined by the Administrator at the time of selection. In addition, the Administrator may designate other categories,
including categories involving individual performance and subjective targets, not listed above (A) solely with respect to Awards that are not intended to qualify as performance-based compensation within the meaning of Code Section 162(m)
or (B) to the extent that the application of such categories results in a reduction of the maximum amount otherwise payable under the Award. 
 Where
applicable, the Performance Goals may be expressed, without limitation, in terms of attaining a specified level of the particular criterion or the attainment of an increase or decrease (expressed as absolute numbers, averages and/or percentages) in
the particular criterion or achievement in relation to a peer group or other index. The Performance Goals may include a threshold level of performance below which no payment will be made (or no vesting will occur), levels of performance at which
specified payments will be paid (or specified vesting will occur), and a maximum level of performance above which no additional payment will be made (or at which full vesting will occur). 

(z) “Performance Shares” means the right to receive Shares (including Restricted Stock) to the extent the applicable
Performance Goals are achieved. 
 (aa) “Performance Unit” means the right to receive a payment (in cash, shares or a
combination of both, as contemplated in the Award) valued in relation to a unit that has a designated dollar value or the value of which is equal to the Fair Market Value of one or more Shares, to the extent the applicable Performance Goals are
achieved. 
 (bb) “Person” shall have the meaning given in Section 3(a)(9) of the Exchange Act, as modified and used
in Sections 13(d) and 14(d) thereof, except that such term shall not 

  
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include (i) the Company or any of its Subsidiaries, (ii) a trustee or other fiduciary holding securities under an employee benefit plan of the Company or any of its Affiliates,
(iii) an underwriter temporarily holding securities pursuant to an offering of such securities, or (iv) a corporation owned, directly or indirectly, by the stockholders of the Company in substantially the same proportions as their
ownership of Stock of the Company. 
 (cc) “Restriction Period” means the length of time established relative to an Award
during which the Participant cannot sell, assign, transfer, pledge or otherwise encumber the Stock or Stock Units subject to such Award and at the end of which the Participant obtains an unrestricted right to such Stock or Stock Units. 

(dd) “Restricted Stock” means a Share that is subject to a risk of forfeiture or a Restriction Period, or both a risk of
forfeiture and a Restriction Period. 
 (ee) “Restricted Stock Unit” means the right to receive a payment (in cash, shares
or a combination of both, as contemplated in the Award) equal to the Fair Market Value of one Share, which is subject to a risk of forfeiture or restrictions on transfer, or both a risk of forfeiture and Restriction Period. 

(ff) “Retirement” means, except as otherwise determined by the Administrator and set forth in an Award agreement, termination
of employment from the Company or its Affiliates (other than for Cause) on a date the Participant is then eligible to receive immediate, early, normal or late (but not deferred vesting) retirement benefits under the provisions of any of the
Company’s or its Affiliate’s defined benefit pension plans, or if the Participant is not covered under any such plan, on or after (i) attainment of age sixty-five (65), (ii) attainment of age sixty-two (62) and completion of
fifteen (15) years of continuous service with the Company and its Affiliates, (iii) attainment of age fifty-five (55) and completion of ten (10) years of continuous service, or (iv) completion of at least thirty
(30) years of continuous service with the Company and its Affiliates prior to reaching the age of sixty-two (62). 
 (gg) “Rule
16b-3” means Rule 16b-3 promulgated by the Commission under the Exchange Act, or any successor rule or regulation thereto. 

(hh) “Section 16 Participants” means Participants who are subject to the provisions of Section 16 of the Exchange Act.

 (ii) “Section 409A” shall mean Section 409A of the Code, the regulations and other binding guidance promulgated
thereunder. 
 (jj) “Separation from Service” and “Separate from Service” shall mean the Participant’s
death, retirement or other termination of employment or service with the Company (including all persons treated as a single employer under Section 414(b) and 414(c) of the Code) that constitutes a “separation from service” (within the
meaning of Section 409A). For purposes hereof, the determination of controlled group members shall be made pursuant to the provisions of Section 414(b) and 414(c) of the Code; provided that the language “at least

  
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50 percent” shall be used instead of “at least 80 percent” in each place it appears in Section 1563(a)(1),(2) and (3) of the Code and Treas. Reg. § 1.414(c)-2;
provided, further, where legitimate business reasons exist (within the meaning of Treas. Reg. § 1.409A-1(h)(3)), the language “at least 20 percent” shall be used instead of “at least 80 percent” in each place it appears.

 (kk) “Share” means a share of Stock. 

(ll) “Specified Employee” means a key employee (as defined in Section 416(i) of the Code without regard to
paragraph (5) thereof) of the Company as determined in accordance with Section 409A and the procedures established by the Company. 

(mm) “Stock” means the Common Stock of the Company, par value $0.01 per share. 

(nn) “Stock Appreciation Right” or “SAR” means the right to receive a payment in cash equal to the
appreciation of the Fair Market Value of a Share during a specified period of time. 
 (oo) “Stock Unit” means a right to
receive a payment in cash equal to the Fair Market Value of one Share. 
 (pp) “Subsidiary” means any corporation, limited
liability company or other limited liability entity, whether now or hereafter existing, in an unbroken chain of entities beginning with the Company if each of the entities (other than the last entity in the chain) owns the stock or equity interest
possessing more than fifty percent (50%) of the total combined voting power of all classes of stock or other equity interests in one of the other entities in the chain; provided, however, with respect to an Incentive Stock Option, a Subsidiary
means a “subsidiary corporation,” whether now or hereafter existing, as defined in Section 424(f) of the Code. 
 (qq)
“Unrestricted Shares” means Shares issued under the Plan that are not subject to either a risk of forfeiture or a Restriction Period. 

3. Administration.  

(a) Administration. The Administrator shall administer this Plan. In addition to the authority specifically granted to the
Administrator in this Plan, the Administrator has full discretionary authority to administer this Plan and all Awards granted under this Plan, including but not limited to the authority to: (i) interpret the provisions of this Plan and any
Award agreement; (ii) approve forms of Award agreements; (iii) prescribe, amend and rescind rules and regulations relating to this Plan or Awards granted under this Plan; (iv) correct any defect, supply any omission, or reconcile any
inconsistency in this Plan, any Award or agreement covering an Award in the manner and to the extent it deems desirable to carry this Plan or such Award into effect; (v) determine whether and under what circumstances an award may be

  
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settled in cash instead of shares or stock units; and (vi) make all other determinations necessary or advisable for the administration of this Plan. All Administrator determinations shall be
made in the sole discretion of the Administrator and are final and binding on all interested parties. Notwithstanding the above statement or any other provision of the Plan, the Administrator shall have no discretion to increase the amount, once
established, of compensation payable under an Award that is intended to be performance-based compensation under Code Section 162(m), although the Administrator may decrease the amount of compensation a Participant may earn under such an Award.

 (b) Powers. The Administrator shall have authority, in its sole discretion, to determine which eligible individuals shall receive
an Award, the time or times when such Awards shall be made, the types of Awards that shall be granted, whether an Option that is granted under this Plan shall be an Incentive Stock Option or nonqualified Option, the number of shares or stock units
which may be issued under each Award, the vesting or forfeiture terms associated with an Award, and the Performance Goals applicable to such Award, if any. The Administrator shall have the authority, in its sole discretion, to establish the terms
and conditions applicable to any Award, subject to any specific limitations or provisions of the Plan. In making such determinations the Administrator may take into account the nature of the services rendered by the respective Participants, their
responsibility level, their present and potential contribution to the Company’s success and such other factors as the Administrator in its sole discretion shall deem relevant. 

(c) Delegation to Other Committees or Officers. To the extent applicable law permits, the Board or the Committee may delegate to
another committee of the Board or to one or more officers of the Company, or the Committee may delegate to one or more officers of the Company, any or all of their respective authority and responsibility as an Administrator of the Plan; provided
that no such delegation is permitted with respect to Stock-based Awards made to Section 16 Participants or Awards made to Participants subject to Code Section 162(m) at the time any such delegated authority or responsibility is exercised
unless the delegation is to another committee of the Board consisting entirely of Directors who are “non-employee directors” within the meaning of Rule 16b-3 and “outside directors” within the meaning of Code
Section 162(m)(4)(C). If the Board or the Committee has made such a delegation, then all references to the Administrator in this Plan include such other committee or one or more officers to the extent of such delegation. 

(d) Indemnification. The Company will indemnify and hold harmless each member of the Board and the Committee, and each officer or
member of any other committee to whom a delegation under Section (c) has been made, from and against any claims, damages, losses or expenses (including attorneys’ fees) arising out of or resulting from any acts or omissions with respect to
this Plan or any Award granted hereunder to the maximum extent that the law and the Company’s articles of incorporation and code of regulations permit. 

(e) Engagement of an Agent. The Company may, in its discretion, engage an agent to (i) maintain records of Awards and
Participants’ holdings under the Plan, (ii) execute 

  
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sales transactions in Unrestricted Shares at the direction of a Participant (in accordance with all applicable Company policies), and deliver the proceeds of such sales as directed by the
Participant, and (iii) hold Unrestricted Shares owned by Participants, including Shares previously obtained through the Plan that are transferred to the agent by Participants at their discretion. Except to the extent otherwise agreed by the
Company and the agent, when an individual loses his or her status as an Eligible Employee or Non-Employee Director of the Company, the agent shall have no obligation to provide any further services to such person and the Shares previously held by
the agent under the Plan may be distributed to such individual or his or her legal representative. 
 4. Eligibility. The
Administrator (to the extent of its authority) may designate any of the following as a Participant from time to time: any Eligible Employee or Director of the Company or its Affiliates or any individual that the Company or an Affiliate has engaged
to become an Eligible Employee or Director. The Administrator’s designation of a Participant in any year will not require the Administrator to designate such person to receive an Award in any other year. No individual shall have any right to be
granted an Award, even if an Award was granted to such individual at any prior time, or if a similarly-situated individual is or was granted an Award under similar circumstances. 

5. Types of Awards.  

(a) General. Subject to the terms of this Plan, the Administrator may grant any type of Award to any Participant it selects, but only
Eligible Employees of the Company or a Subsidiary may receive grants of Incentive Stock Options. Awards may be granted alone or in addition to, in tandem with, or (subject to the prohibition on repricing set forth in Section 5(b)) in
substitution for any other Award (or any other award granted under another plan of the Company or any Affiliate). 
 (b) Repricing and
Backdating Prohibited. Notwithstanding anything in this Plan to the contrary, and except for the adjustments provided in Section 21, neither the Administrator nor any other person may (i) amend the terms of outstanding Options or SARs
to reduce the exercise price of such outstanding Options or SARs; (ii) cancel outstanding Options or SARs in exchange for Options or SARs with an exercise price that is less than the exercise price of the original Options or SARs; or
(iii) cancel outstanding Options or SARs with an exercise price above the current Share price in exchange for cash or other securities. In addition, the Administrator may not make a grant of an Option or SAR with a grant date that is effective
prior to the date the Administrator takes action to approve such Award. 
 6. Shares Reserved under this Plan.  

(a) Plan Reserve. Subject to adjustment as provided in Section 21, an aggregate of Three Million Five Hundred Thousand Shares
(3,500,000) Shares are reserved for issuance under this Plan. The Shares reserved for issuance may be either authorized and unissued Shares or Shares reacquired at any time and now or hereafter held as treasury stock. The aggregate number of
Shares reserved under this Section 6(a) shall be depleted by one 

  
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Share for each Share subject to an Option or SAR (that will be settled in Shares), and the aggregate number of Shares reserved under this Section (a) shall be depleted by 1.69 Shares for
each Share subject to an Award other than an Option or SAR. For purposes of determining the aggregate number of Shares reserved for issuance under this Plan, any fractional Share shall be rounded to the next highest full Share. 

(b) Incentive Stock Option Award Limits. Subject to adjustment as provided in Section 21, the Company may issue no more than an
aggregate of two million (2,000,000) Shares upon the exercise of Incentive Stock Options. 
 (c) Replenishment of Shares Under this
Plan. If (i) an Award lapses, expires, terminates or is cancelled without the issuance of Shares under the Award, (ii) it is determined during or at the conclusion of the term of an Award that all or some portion of the Shares with
respect to which the Award was granted will not be issuable on the basis that the conditions for such issuance will not be satisfied, (iii) Shares are forfeited under an Award or (iv) Shares are issued under any Award and the Company
subsequently reacquires them pursuant to rights reserved upon the issuance of the Shares, then such Shares shall be recredited to the Plan’s reserve (in the same number as they depleted the reserve) and may again be used for new Awards under
this Plan, provided, however, that Shares recredited to the Plan’s reserve pursuant to clause (iv) may not be issued pursuant to Incentive Stock Options. Notwithstanding the foregoing, in no event shall the following Shares be recredited
to the Plan’s reserve: (a) Shares tendered by a participant or withheld by the Company in payment of the exercise price of an Option, base price of a Share Appreciation Right or other exercise price of an Award; (b) Shares tendered by
a participant or withheld by the Company to satisfy Federal, state or local tax withholding obligations; (c) Shares purchased by the Company using proceeds from Option exercises; and (d) Shares not issued or delivered as a result of a net
settlement of an outstanding Option or Share Appreciation Right. 
 (d) Addition of Shares from Prior Plan. After the termination
date of the Prior Plan, if any Shares subject to awards granted under the Prior Plan would again become available for new grants under the terms of such plan if such plan were still in effect (taking into account such plan’s provisions
concerning termination or expiration, if any), then those Shares will be available for the purpose of granting Awards under this Plan, thereby increasing the number of Shares available for issuance under this Plan as determined under
Section 6(a). Any such Shares will not be available for future awards under the Prior Plan. 
 (e) Participant Limitations.
Subject to adjustment as provided in Section 21, no Participant may be granted Awards that could result in such Participant: 

(i) receiving Option Awards for, and/or Stock Appreciation Rights with respect to, more than eight hundred thousand
(800,000) Shares during any fiscal year of the Company; 
 (ii) receiving Awards of Restricted Stock (including any
dividends paid thereon) and/or Restricted Stock Units (including any associated Dividend Equivalent Units) relating to more than two hundred fifty thousand (250,000) Shares during any fiscal year of the Company; 

  
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 (iii) receiving Awards of Performance Shares, and/or Awards of Performance Units
the value of which is based on the Fair Market Value of Shares, for more than two hundred fifty thousand (250,000) Shares during any fiscal year of the Company; 

(iv) receiving Awards of Performance Units the value of which is not based on the Fair Market Value of Shares that would pay
more than four million dollars ($4,000,000) during any fiscal year of the Company; 
 (v) receiving other Stock-based Awards
pursuant to Section 13 relating to more than two hundred fifty thousand (250,000) Shares during any fiscal year of the Company; 

(vi) receiving an annual Incentive Award in any fiscal year of the Company that would pay more than two million dollars
($2,000,000); or 
 (vii) receiving a long-term Incentive Award in any fiscal year of the Company that would pay more than
four million dollars ($4,000,000). 
 In all cases, determinations under this Section 6(e) should be made in a manner that is consistent with the
exemption for performance-based compensation that Code Section 162(m) provides. 
 7. Option Awards.  

(a) Options. Subject to the terms of this Plan, the Administrator will determine all terms and conditions of each Option, which shall
be evidenced by an agreement (which may be electronic) setting forth such terms and conditions, including but not limited to: 

(i) whether the Option is an Incentive Stock Option or a “nonqualified stock option” which does not meet the
requirements of Code Section 422; 
 (ii) the number of Shares subject to the Option; 

(iii) the date of grant, which may not be prior to the date of the Administrator’s approval of the grant; 

(iv) the exercise price, which may not be less than the Fair Market Value of the Shares subject to the Option as determined on
the date of grant; provided that an Incentive Stock Option granted to a 10% Shareholder must have an exercise price at least equal to 110% of the Fair Market Value of the Shares subject to the Option as determined on the date of grant; 

  
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 (v) the applicable vesting period of the Option; provided that no Option shall be
granted with a vesting period of less than three (3) years (in total) from the date of grant; 
 (vi) the terms and
conditions of exercise, including the manner and form of payment of the exercise price; provided that if the aggregate Fair Market Value of the Shares subject to all ISOs granted to a Participant (as determined on the date of grant of each such
Option) that become exercisable during a calendar year exceeds the dollar limitation set forth in Code Section 422(d), then such ISOs shall be treated as nonqualified stock options to the extent such limitation is exceeded; and 

(vii) the term; provided that each Option must terminate no later than ten (10) years after the date of grant and each
Incentive Stock Option granted to a 10% Shareholder must terminate no later than five (5) years after the date of grant. 
 In all other respects, the
terms of any Incentive Stock Option should comply with the provisions of Code Section 422 except to the extent the Administrator determines otherwise. The terms and conditions of respective Option Awards need not be identical. If an Option that
is intended to be an Incentive Stock Option fails to meet the requirements thereof, the Option shall automatically be treated as a nonqualified stock option to the extent of such failure. 

(b) Options in Substitution for Stock Options Granted by Other Corporations. Options may be granted under the Plan from time to time in
substitution for stock options held by employees of corporations who become, or who became prior to the effective date of the Plan, employees of the Company or of any Subsidiary as a result of a merger or consolidation of the employing corporation
with the Company or such Subsidiary, or the acquisition by the Company or a Subsidiary of all or a portion of the assets of the employing corporation, or the acquisition by the Company or a Subsidiary of stock of the employing corporation with the
result that such employing corporation becomes a Subsidiary. 
 8. Stock Appreciation Rights.  

(a) Stock Appreciation Rights. Stock Appreciation Rights may be granted in connection with the grant of an Option, in which case the
Option agreement will provide that exercise of Stock Appreciation Rights will result in the surrender of the right to purchase the shares under the Option as to which the Stock Appreciation Rights were exercised. Alternatively, Stock Appreciation
Rights may be granted independently of Options in which case each Award of Stock Appreciation Rights shall be evidenced by an agreement (which may be electronic) which shall contain such terms and conditions as may be approved by the Administrator.
The terms and conditions of the respective Stock Appreciation Rights agreements need not be identical. 

  
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 (b) Terms and Conditions. Subject to the terms of this Plan, the Administrator will
determine all terms and conditions of each SAR, including but not limited to: 
 (i) whether the SAR is granted independently
of an Option or relates to an Option; 
 (ii) the number of Shares to which the SAR relates; 

(iii) the date of grant, which may not be prior to the date of the Administrator’s approval of the grant; 

(iv) the grant price, provided that the grant price shall not be less than the Fair Market Value of the Shares subject to the
SAR as determined on the date of grant; 
 (v) the applicable vesting period of the SAR; provided, that no SAR shall be
granted with a vesting period of less than three (3) years (in total) from the date of grant; 
 (vi) the terms and
conditions of exercise or maturity; 
 (vii) the term, provided that each SAR must terminate no later than ten
(10) years after the date of grant; and 
 (viii) whether the SAR will be settled in cash, Shares or a combination
thereof. 
 If a SAR is granted in relation to an Option, then, unless otherwise determined by the Administrator, the SAR shall be exercisable or shall
mature at the same time or times, on the same conditions and to the extent and in the proportion, that the related Option is exercisable and may be exercised or mature for all or part of the Shares subject to the related Option. Upon exercise of any
number of SARs, the number of Shares subject to the related Option shall be reduced accordingly and such Option may not be exercised with respect to that number of Shares. The exercise of any number of Shares underlying an Option Award that relate
to a SAR shall likewise result in an equivalent reduction in the number of Shares covered by the related SAR. 
 9. Restricted Stock and
Restricted Stock Unit Awards.  
 (a) Restricted Period To Be Established by the Administrator. The Administrator shall establish
the Restriction Period applicable to Restricted Stock and Restricted Stock Unit Awards; provided, however, that, except as set forth below and as permitted by Section 9(b), such Restriction Period shall not be less than the Minimum Criteria. An
Award which provides for (i) the lapse of restrictions on Shares or Stock Units applicable to such Award in equal annual installments over a period of at least three (3) years from the date of grant or (ii) accelerated vesting upon a
Change in Control or upon a termination of employment or 

  
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service by reason of death, Disability or Retirement shall be deemed to meet the Minimum Criteria. The Minimum Criteria shall not apply to an Award that is granted in lieu of salary or bonus
(provided that the Participant is given the opportunity to accept cash in lieu of such Award). The foregoing notwithstanding, with respect to Restricted Stock Awards and Restricted Stock Unit Awards of up to an aggregate of 5% of the total Shares
authorized to be issued under the Plan, the Minimum Criteria shall not apply and the Administrator may establish such lesser Restriction Periods applicable to such Awards as it shall determine in its discretion. Subject to the foregoing, each
Restricted Stock and Restricted Stock Unit Award may have a different Restriction Period, in the discretion of the Administrator. The Restriction Period applicable to a particular Restricted Stock or Restricted Stock Unit Award shall not be changed
except as permitted by Section 9(b). 
 (b) Terms and Conditions. Subject to the terms of this Plan and Section 9(a) above,
the Administrator will determine all terms and conditions of each Award of Restricted Stock and Restricted Stock Units, including but not limited to: 

(i) the number of Shares and/or Stock Units to which such Award relates; 

(ii) whether, as a condition for the Participant to realize all or a portion of the benefit provided under the Award, one or
more Performance Goals must be achieved during such period as the Administrator specifies; 
 (iii) the Restriction Period
with respect to Restricted Stock or Restricted Stock Units; 
 (iv) the performance period for Awards; and 

(v) with respect to an Award of Restricted Stock Units, whether to settle such Award in cash, in Shares, or a combination
thereof. 
 Except as otherwise provided in the Plan, at such time as all restrictions applicable to an Award of Restricted Stock or Restricted Stock Units
are met and the Restriction Period expires, ownership of the Shares subject to such Award shall be transferred to the Participant free of all restrictions except those that may be imposed by applicable law; provided that if Restricted Stock Units
are to be paid in cash, then the payment shall be made to the Participant after all applicable restrictions lapse and the Restriction Period expires. 

(c) Voting and Dividend Rights. Restricted Stock Awards shall entitle the Participant to receive dividends during the Restriction
Period (to the extent issued by the Company), to vote the Common Stock subject to such Award and to enjoy all other stockholder rights, except that (i) the Participant shall not be entitled to possession of the stock certificate (in the event
paper certificates are issued) until the Restriction Period shall have expired, (ii) the Company shall retain custody of the Shares during the Restriction Period, (iii) the Participant may not sell, transfer, pledge, exchange, hypothecate
or otherwise dispose of the Shares during 

  
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the Restriction Period, and (iv) a breach of the terms and conditions established by the Administrator pursuant to the Restricted Stock Award shall cause a forfeiture of the Restricted Stock
Award. An Award of Restricted Stock Units shall not entitle the Participant to receive dividends during the Restriction Period, nor vote the Common Stock subject to such Award, or to otherwise enjoy any other stockholder rights; provided, however
that the Administrator may, in its sole discretion, prescribe additional terms, conditions or restrictions relating to Restricted Stock Unit Awards, including but not limited to the issuance of any Dividend Equivalent Units in tandem with a
Restricted Stock Unit Award. 
 10. Dividend Equivalent Units. Subject to the terms of this Plan, the Administrator will determine
all terms and conditions of each award of Dividend Equivalent Units, including but not limited to whether: (a) such Award will be granted in tandem with another Award; (b) payment of the Award shall be made currently or credited to an
account for the Participant that provides for the deferral of such amounts until a stated time; provided that Dividend Equivalent Units that relate to Performance Awards that are contingent on the achievement of one or more Performance Goals at the
time the cash dividend or other distribution is paid with respect to a Share shall also be contingent on the achievement of such Performance Goals and shall not be paid until such Performance Goals are achieved; and (c) the Award will be
settled in cash or Shares; provided that Dividend Equivalent Units may be granted only in connection with a “full-value Award.” For this purpose, a “full-value Award” includes Restricted Stock, Restricted Stock Units, Performance
Shares, Performance Units (valued in relation to a Share) and any other similar Award under which the value of the Award is measured as the full value of a Share, rather than the increase in the value of a Share. 

11. Performance Awards.  

(a) Performance Period. The Administrator shall establish, with respect to and at the time of grant of each Performance Award, a
performance period over which the Performance Goals applicable to the Performance Award shall be measured. Each Performance Award may have a maximum value established by the Administrator at the time of such Award subject to the limitations provided
in Section 6(e). 
 (b) Performance Measures. A Performance Award granted under the Plan that is intended to qualify as
qualified performance-based compensation under Section 162(m) of the Code shall be awarded contingent upon the achievement of one or more Performance Goals. The Administrator may select one criterion or multiple criteria for measuring
performance. Performance Goals may be measured on corporate, subsidiary or business segment performance, or on a combination thereof. Further, the performance criteria may be based on comparative performance with other companies or other external
measures of the selected performance criteria. A Performance Award that is not intended to qualify as qualified performance-based compensation under Section 162(m) of the Code shall be based on achievement of such goals and be subject to such
terms, conditions and restrictions as the Administrator shall determine. 
 (c) Payment. Following the end of the performance period,
the Participant shall be entitled to receive payment of an amount, not exceeding the maximum value of the Performance Award, if any, based on the achievement of the performance measures for such performance period, as determined by the Administrator
in its sole discretion. Payment of a Performance Award (i) may be made in cash, Units, Stock or a combination thereof, as determined by the Administrator in its sole discretion, (ii) shall be made in a lump sum or in installments as
prescribed by the Administrator in its sole discretion, and (iii) to the extent applicable, shall be based on the Fair Market Value of the Stock on the payment date. No dividends shall accrue or be payable in connection with Shares underlying a
Performance Award until such time as the applicable performance period has ended and the underlying Shares have been issued. 

  
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 12. Incentive Awards. Subject to the terms of this Plan, the Administrator will determine
all terms and conditions of an Incentive Award, including but not limited to the Performance Goals, performance period (whether annual or long-term), the potential amount payable, the form of payment (cash, equity or other payment form), and the
timing of payment, subject to the following: (a) the Administrator must require that payment of all or any portion of the amount subject to the Incentive Award is contingent on the achievement of one or more Performance Goals during the period
the Administrator specifies, although the Administrator may specify that all or a portion of the Performance Goals subject to an Award are deemed achieved upon a Participant’s death, Disability or (for Awards not intended to qualify as
performance-based compensation within the meaning of Code Section 162(m)) Retirement, or such other circumstances as the Administrator may specify; (b) for annual Incentive Awards, the performance period must relate to a period of one
fiscal year of the Company except that, if the Award is made in the year this Plan becomes effective, at the time of commencement of employment with the Company or on the occasion of a promotion, then the Award may relate to a period shorter than
one fiscal year; and (c) for long-term Incentive Awards, the performance period must relate to a period of more than one fiscal year of the Company. 

13. Other Stock-Based Awards. Subject to the terms of this Plan, the Administrator may grant to Participants other types of Awards,
which shall be denominated or payable in, valued in whole or in part by reference to, or otherwise based on, Shares, either alone or in addition to or in conjunction with other Awards, and payable in Stock or cash or a combination thereof. Without
limitation, such Award may include the issuance of Unrestricted Shares (which may be awarded in lieu of cash compensation to which a Participant is otherwise entitled, in exchange for cancellation of a compensation right, as a bonus, upon the
attainment of Performance Goals or otherwise). The Administrator shall determine all terms and conditions of the Award, including but not limited to the time or times at which such Awards shall be made and the number of Shares to be granted pursuant
to such Awards or to which such Award shall relate; provided that any Award that provides for purchase rights shall be priced at 100% of Fair Market Value on the date of grant of the Award; and provided further that the date of grant cannot be prior
to the date the Administrator takes action to approve the Award. 

  
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 14. Non-Employee Director Awards. Notwithstanding anything to the contrary contained in
this Plan, each Non-Employee Director may receive Awards under this Plan in accordance with the terms and provisions of the RTI International Metals, Inc. Board of Directors Compensation Program, effective April 26, 2012, as filed with the
Securities and Exchange Commission, as the same may be amended or revised from time to time; provided, however, that in no event shall the total number of shares underlying Awards granted to Non-Employee Directors on an aggregate basis during any
one calendar year exceed 5% of the total Shares authorized under this Plan. 
 15. Effect of Termination on Awards. The Administrator
shall have the discretion to determine, at the time an Award is made to a Participant or any time thereafter, the effect of the Participant’s termination of employment or service with the Company and its Affiliates, whether for or without
Cause, or as a result of death, Disability or Retirement, on the Award which determination shall be set forth in the applicable Award agreement. 

16. Transferability. 

(a) Restrictions on Transfer. Except as otherwise provided herein, an Award shall not be sold, transferred, pledged, assigned or
otherwise alienated or hypothecated by a Participant other than by will or the laws of descent and distribution or pursuant to a “qualified domestic relations order” as defined by the Code or Title I of the Employee Retirement Income
Security Act of 1974, as amended. The Administrator may prescribe and include in the respective Award documents hereunder other restrictions on transfer. Any attempted assignment or transfer in violation of this section shall be null and void. A
transfer of an Award pursuant to this Section 16 shall be subject to such rules and procedures as the Administrator may establish. In the event an Award is transferred as contemplated in this Section 16, such Award may not be subsequently
transferred by the transferee except by will or the laws of descent and distribution, and such Award shall continue to be governed by and subject to the terms and limitations of the Plan and the relevant written instrument for the Award and the
transferee shall be entitled to the same rights as the Participant under this Plan as if no transfer had taken place. No transfer shall be effective unless and until written notice of such transfer is provided to the Administrator, in the form and
manner prescribed by the Administrator. The consequences of termination of employment shall continue to be applied with respect to the original Participant, following which the Awards shall be exercised by the transferee only to the extent and for
the periods specified in the Plan and the related Award document. 
 (b) Transfers Upon Death. Upon a Participant’s death, the
Participant’s personal representative or other person entitled to succeed to the rights of the Participant (the “Successor Holder”) may exercise such rights as are provided under the applicable Award document. A Successor
Holder must furnish proof satisfactory to the Company of his or her rights to exercise the Award under the Participant’s will or under the applicable laws of descent and distribution. Notwithstanding the foregoing, the Administrator shall have
the authority, in its discretion, to grant (or to sanction by way of amendment to an existing grant) Awards (other than Incentive Stock Options) which may be transferred by the Participant for no consideration

  
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to or for the benefit of the Participant’s immediate family, to a trust solely for the benefit of the Participant and his immediate family, or to a partnership or limited liability company
in which the Participant and members of his immediate family have at least 99% of the equity, profit and loss interest, in which case the Award document shall so state. 

(c) Restrictions on Exercisability. Each Award, and each right under any Award, shall be exercisable during the lifetime of the
Participant only by such individual or, if permissible under applicable law, by such individual’s guardian or legal representative, a transferee under a qualified domestic relations order or a transferee as described below. 

17. Termination and Amendment of Plan. The Board or the Committee may amend, alter, suspend, discontinue or terminate this Plan at any
time, subject to the following limitations: 
 (i) the Board must approve any amendment of this Plan to the extent the
Company determines such approval is required by prior action of the Board or by applicable law or regulation; 
 (ii)
shareholders must approve any amendment of this Plan to the extent the Company determines such approval is required by: (A) Section 16 of the Exchange Act, (B) the Code, (C) the listing requirements of any principal securities
exchange or market on which the Shares are then traded, or (D) any other applicable law or regulation; and 
 (iii) the
Board may not, without approval of the shareholders, amend the Plan to effect a “material revision” of the Plan, where a “material revision” includes, but is not limited to, a revision that: (a) materially increases the
benefits accruing to a Participant under the Plan, (b) materially increases the aggregate number of securities that may be issued under the Plan, (c) materially modifies the requirements as to eligibility for participation in the Plan, or
(d) changes the types of awards available under the Plan. 
 18. Amendments, Modification, Cancellation and Clawback of Awards.

 (a) General. Subject to the requirements of the Plan, including the limitations of Section 5(b) and Section 22, the
Administrator may modify, amend or cancel any Award or waive any restrictions or conditions applicable to any Award or the exercise of the Award, provided that any modification or amendment that materially diminishes the rights of the Participant,
or the cancellation of the Award, shall be effective only if agreed to by the Participant or any other Person(s) as may then have an interest in the Award, but the Administrator need not obtain Participant (or other interested party) consent for the
modification, amendment or cancellation of an Award pursuant to the provisions of Section 21 or as follows: (A) to the extent the Administrator deems such action necessary to comply with any applicable law or the listing requirements of
any principal securities exchange or market on which the Shares are then traded; (B) to the extent the Administrator deems necessary to 

  
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preserve favorable accounting or tax treatment of any Award for the Company; (C) to the extent the Administrator deems such action necessary to conform the provisions of the Plan and/or
Award with Section 162(m), Section 409A or any other provision of the Code or other applicable law, the regulations issued thereunder or an exception thereto; or (D) to the extent the Administrator determines that such action does not
materially and adversely affect the value of an Award or that such action is in the best interest of the affected Participant or any other Person(s) as may then have an interest in the Award. 

(b) Clawback of Awards. Any Awards granted pursuant to this Plan, and any Stock issued or cash paid pursuant to an Award, shall be
subject to (A) any recoupment, clawback, equity holding, stock ownership or similar policies adopted by the Company from time to time and (B) any recoupment, clawback, equity holding, stock ownership or similar requirements made applicable
by law, regulation or listing standards to the Company from time to time. 
 (c) Cancellations of Awards. Unless the Award agreement
specifies otherwise, the Administrator may cancel any Award at any time if the Participant is not in compliance with all applicable provisions of the Award agreement and the Plan. 

(d) Survival of Authority and Awards. Notwithstanding the foregoing, the authority of the Board and the Administrator under this
Section 18 and to otherwise administer the Plan will extend beyond the date of this Plan’s termination. In addition, termination of this Plan will not affect the rights of Participants with respect to Awards previously granted to them, and
all unexpired Awards will continue in force and effect after termination of this Plan except as they may lapse or be terminated by their own terms and conditions. 

19. Foreign Participation. To assure the viability of Awards granted to Participants employed or residing in foreign countries,
the Administrator may provide for such special terms as it may consider necessary or appropriate to accommodate differences in local law, tax policy or custom. Moreover, the Administrator may approve such supplements to, or amendments, restatements
or alternative versions of, this Plan as it determines is necessary or appropriate for such purposes. Any such amendment, restatement or alternative versions that the Administrator approves for purposes of using this Plan in a foreign country will
not affect the terms of this Plan for any other country. In addition, all such supplements, amendments, restatements or alternative versions must comply with the provisions of Section 18. 

In addition, if an Award is held by a Participant who is employed or residing in a foreign country and the amount payable or Shares issuable under such Award
would be taxable to the Participant under Code Section 457A in the year such Award is no longer subject to a substantial risk of forfeiture, then the amount payable or Shares issuable under such Award shall be paid or issued to the Participant
as soon as practicable after such substantial risk of forfeiture lapses (or, for Awards that are not considered nonqualified deferred compensation subject to Code Section 409A, no later than the end of the short-term deferral period permitted
by Code Section 457A) notwithstanding anything in this Plan or the Award agreement to contrary. 

  
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 20. Taxes.  

(a) Withholding. In the event the Company or an Affiliate of the Company is required to withhold any Federal, state or local taxes or
other amounts in respect of any income recognized by a Participant as a result of the grant, vesting, payment or settlement of an Award or disposition of any Shares acquired under an Award, the Company may deduct (or require an Affiliate to deduct)
from any payments of any kind otherwise due the Participant cash, or if provided for in the Awards, Shares otherwise deliverable or vesting under an Award, to satisfy such tax obligations. Alternatively, the Company may require such Participant to
pay to the Company, in cash, promptly on demand, or make other arrangements satisfactory to the Company regarding the payment to the Company of the aggregate amount of any such taxes and other amounts. If Shares are deliverable upon exercise or
payment of an Award, the Committee may permit a Participant to satisfy all or a portion of the Federal, state and local withholding tax obligations arising in connection with such Award by electing to (a) have the Company withhold Shares
otherwise issuable under the Award, (b) tender back Shares received in connection with such Award or (c) deliver other previously owned Shares. Notwithstanding the foregoing or any provisions of the Plan to the contrary, any
broker-assisted cashless exercise shall comply with the requirements for equity classification of FASB ASC Topic 718 (previously FAS 123R), or its successor, and any withholding satisfied through a net-settlement shall be limited to the minimum
statutory withholding requirements. If an election is provided, the election must be made on or before the date as of which the amount of tax to be withheld is determined and otherwise as the Committee requires. In any case, the Company may defer
making payment or delivery under any Award if any such tax may be pending unless and until indemnified to its satisfaction. 
 (b) No
Guarantee of Tax Treatment. Notwithstanding any provisions of the Plan, the Company does not guarantee to any Participant or any other Person with an interest in an Award that (i) any Award intended to be exempt from Code Section 409A
shall be so exempt, (ii) any Award intended to comply with Code Section 409A or Code Section 422 shall so comply, (iii) any Award shall otherwise receive a specific tax treatment under any other applicable tax law, nor in any
such case will the Company or any Affiliate indemnify, defend or hold harmless any individual with respect to the tax consequences of any Award. 

(c) Participant Responsibilities. If a Participant shall dispose of Stock acquired through exercise of an ISO within either
(i) two (2) years after the date the Option is granted or (ii) one (1) year after the date the Option is exercised (i.e., in a disqualifying disposition), such Participant shall notify the Company within seven (7) days of
the date of such disqualifying disposition. In addition, if a Participant elects, under Code Section 83, to be taxed at the time an Award of Restricted Stock (or other property subject to such Code section) is made, rather than at the time the
Award vests, such Participant shall notify the Company within seven (7) days of the date the Participant makes such an election. 

  
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 21. Adjustment Provisions; Change of Control.  

(a) Adjustment of Shares. If: (i) the Company shall at any time be involved in a merger or other transaction in which the Shares
are changed or exchanged; (ii) the Company shall subdivide or combine the Shares or the Company shall declare a dividend payable in Shares, other securities or other property; (iii) the Company shall effect a cash dividend the amount of
which, on a per Share basis, exceeds ten percent (10%) of the Fair Market Value of a Share at the time the dividend is declared, or the Company shall effect any other dividend or other distribution on the Shares in the form of cash, or a
repurchase of Shares, that the Board determines by resolution is special or extraordinary in nature or that is in connection with a transaction that the Company characterizes publicly as a recapitalization or reorganization involving the Shares; or
(iv) any other event shall occur, which, in the case of this clause (iv), in the judgment of the Board or Committee necessitates an adjustment to prevent dilution or enlargement of the benefits or potential benefits intended to be made
available under this Plan, then the Administrator shall, in such manner as it may deem equitable to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under this Plan, adjust as applicable:
(A) the number and type of Shares subject to this Plan (including the number and type of Shares described in Section 6) and which may after the event be made the subject of Awards; (B) the number and type of Shares subject to
outstanding Awards; (C) the grant, purchase, or exercise price with respect to any Award; and/or (D) to the extent such discretion does not cause an Award that is intended to qualify as performance-based compensation under Code
Section 162(m) to lose its status as such, the Performance Goals of an Award. In any such case, the Administrator may also (or in lieu of the foregoing) make provision for a cash payment to the holder of an outstanding Award in exchange for the
cancellation of all or a portion of the Award (without the consent of the holder of an Award) in an amount determined by the Administrator effective at such time as the Administrator specifies (which may be the time such transaction or event is
effective). However, in each case, with respect to Awards of Incentive Stock Options, no such adjustment may be authorized to the extent that such authority would cause this Plan to violate Code Section 422(b). Further, the number of Shares
subject to any Award payable or denominated in Shares must always be a whole number. In any event, previously granted Options or SARs are subject only to such adjustments as are necessary to maintain the relative proportionate interest the Options
and SARs represented immediately prior to any such event and to preserve, without exceeding, the value of such Options or SARs. 
 Without limitation, in
the event of any reorganization, merger, consolidation, combination or other similar corporate transaction or event, whether or not constituting a Change of Control (other than any such transaction in which the Company is the continuing corporation
and in which the outstanding Stock is not being converted into or exchanged for different securities, cash or other property, or any combination thereof), the Administrator may substitute, on an equitable basis as the Administrator determines, for
each Share then subject to an Award and the Shares subject to this Plan (if the Plan will continue in effect), the number and kind of Shares , other securities, cash or other property to which holders of Stock are or will be entitled in respect of
each Share pursuant to the transaction. 

  
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 Notwithstanding the foregoing, in the case of a stock dividend (other than a stock dividend declared in lieu of
an ordinary cash dividend) or subdivision or combination of the Shares (including a reverse stock split), if no action is taken by the Administrator, adjustments contemplated by this subsection that are proportionate shall nevertheless automatically
be made as of the date of such stock dividend or subdivision or combination of the Shares. With respect to any Award subject to Section 162(m) or Section 409A, no such adjustment shall be authorized to the extent that such authority would
cause the Plan or an Award to fail to comply with Section 162(m) or Section 409A. 
 (b) Issuance or Assumption.
Notwithstanding any other provision of this Plan, and without affecting the number of Shares otherwise reserved or available under this Plan, in connection with any merger, consolidation, acquisition of property or stock, or reorganization, the
Administrator may authorize the issuance or assumption of Awards under this Plan upon such terms and conditions as it may deem appropriate, subject to the listing requirements of any principal securities exchange or market on which the Shares are
then traded. 
 (c) Change of Control. If the Participant has in effect an employment, retention, change of control, severance or
similar agreement with the Company or any Affiliate that discusses the effect of a Change of Control on the Participant’s Awards, then such agreement shall control. In all other cases, unless provided otherwise in an Award agreement or by the
Administrator prior to the date of the Change of Control, in the event of a Change of Control: 
 (i) If the purchaser,
successor or surviving corporation (or parent thereof) (the “Survivor”) so agrees, some or all outstanding Awards shall be assumed, or replaced with the same type of Award with similar terms and conditions, by the Survivor in the
Change of Control transaction. If applicable, each Award which is assumed by the Survivor shall be appropriately adjusted, immediately after such Change of Control, to apply to the number and class of securities which would have been issuable to the
Participant upon the consummation of such Change of Control had the Award been exercised, vested or earned immediately prior to such Change of Control, and other appropriate adjustments in the terms and conditions of the Award shall be made. 

(ii) To the extent the Survivor in the Change of Control transaction does not agree to assume the Awards or issue replacement
awards as provided in clause (i), then immediately prior to the date of the Change of Control: 
 (A) Each Option or SAR
that is then held by a Participant who is employed by or in the service of the Company or an Affiliate shall become immediately and fully vested, and, unless otherwise determined by the Board or Committee, all Options and SARs shall be cancelled on
the date of the Change of Control in exchange for a cash payment equal to the excess of the Change of Control price of the Shares covered by the Option or SAR that is so cancelled over the purchase or grant price of such Shares under the Award. 

  
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 (B) Restricted Stock and Restricted Stock Units (that are not Performance
Awards) that are not then vested shall vest. 
 (C) All Performance Awards and Incentive Awards that are earned but not yet
paid shall be paid upon the Change of Control at the level earned, and all Performance Awards and Incentive Awards for which the performance period has not expired shall, unless otherwise determined by the Board or Committee, be cancelled in
exchange for a cash payment to be made within thirty (30) days after the Change of Control equal to the product of (1) the target value payable to the Participant under such Award and (2) a fraction, the numerator of which is the
number of days after the first day of the performance period on which the Change of Control occurs and the denominator of which is the number of days in the performance period. 

(D) All Dividend Equivalent Units that are not vested shall vest and be paid in cash, and all other Awards that are not vested
shall, unless otherwise determined by the Board or Committee, vest and if an amount is payable under such vested Award, such amount shall be paid in cash based on the value of the Award. 

(iii) In the event that (1) the Survivor terminates the Participant’s employment or service without Cause (as defined
in the agreement relating to the Award or, if not defined therein, as defined herein) or (2) if the Participant has in effect an employment, retention, change of control, severance or similar agreement with the Company or any Affiliate that
contemplates the termination of his or her employment or service for good reason, and the Participant terminates his or her employment or service for good reason (as defined in such agreement), in the case of either (1) or (2) within
twenty-four (24) months following a Change of Control, then the following provisions shall apply to any assumed Awards or replacement awards described in Section 21(c)(i) and any Awards not cancelled in connection with the Change of
Control pursuant to Section 21(c)(ii): 
 (A) Effective upon the date of the Participant’s termination of
employment or service, all outstanding Awards or replacement awards automatically shall vest (assuming for any Award the vesting of which is subject to Performance Goals, that such goals had been met at the target level); and 

(B) With respect to Options or Stock Appreciation Rights, such Awards or replacement awards shall be cancelled as of the date
of such 

  
 Page 24 of 29 

 
termination in exchange for a payment in cash and/or Shares (which may include shares or other securities of the Survivor) equal to the excess of the Fair Market Value of the Shares on the date
of such termination over the exercise or grant price of such Shares under the Award multiplied by the number of Shares underlying the Option or Stock Appreciation Right remaining unexercised; and 

(C) With respect to Restricted Stock or Restricted Stock Units, such Awards or replacement awards shall be cancelled as of the
date of such termination in exchange for a payment in cash and/or Shares (which may include shares or other securities of the Survivor) equal to the Fair Market Value of a Share on the date of such termination; and 

(D) With respect to Performance Awards and Incentive Awards that are earned but not yet paid, such Awards or replacement
awards shall be paid upon the termination of employment or service at the level earned, and with respect to Performance Awards and Incentive Awards for which the performance period has not expired, such Awards shall be cancelled in exchange for a
cash payment to be made within thirty (30) days after the date of termination equal to the product of (1) the target value payable to the Participant under his Award and (2) a fraction, the numerator of which is the number of days
after the first day of the performance period on which the termination occurs and the denominator of which is the number of days in the performance period; and 

(E) With respect to other Awards, such Awards or replacement awards shall be cancelled as of the date of such termination in
exchange for a payment in cash in an amount equal to the value of the Award. 
 If the value of an Award is based on the Fair Market Value of a Share, Fair
Market Value shall be deemed to mean the per share Change of Control price. The Administrator shall determine the per share Change of Control price paid or deemed paid in the Change of Control transaction. 

(d) Application of Limits on Payments. Except as otherwise expressly provided in any agreement between a Participant and the Company or
an Affiliate, if the receipt of any payment by a Participant under the circumstances described above would result in the payment by the Participant of any excise tax provided for in Section 280G and Section 4999 of the Code, then the
amount of such payment shall be reduced to the extent required to prevent the imposition of such excise tax. 

  
 Page 25 of 29 

 22. Section 409A.  

(a) Notwithstanding any provision of the Plan or an Award agreement to the contrary, if any Award or benefit provided under this Plan is
subject to the provisions of Section 409A, the provisions of the Plan and any applicable Agreement shall be administered, interpreted and construed in a manner necessary to comply with Section 409A or an exception thereto (or disregarded
to the extent such provision cannot be so administered, interpreted or construed). The following provisions shall apply, as applicable: 

(b) If a Participant is a Specified Employee and a payment subject to Section 409A (and not excepted therefrom) to the Participant is due
upon Separation from Service, such payment shall be delayed for a period of six (6) months after the date the Participant Separates from Service (or, if earlier, the death of the Participant). Any payment that would otherwise have been due or
owing during such six-month period will be paid immediately following the end of the six-month period in the month following the month containing the six-month anniversary of the date of termination unless another compliant date is specified in the
applicable Award agreement. 
 (c) For purposes of Section 409A, and to the extent applicable to any Award or benefit under the Plan,
it is intended that distribution events qualify as permissible distribution events for purposes of Section 409A and shall be interpreted and construed accordingly. With respect to payments subject to Section 409A, the Company reserves the
right to accelerate and/or defer any payment to the extent permitted and consistent with Section 409A. Whether a Participant has Separated from Service or employment will be determined based on all of the facts and circumstances and, to the
extent applicable to any Award or benefit, in accordance with the guidance issued under Section 409A. For this purpose, a Participant will be presumed to have experienced a Separation from Service when the level of bona fide services
performed permanently decreases to a level less than twenty percent (20%) of the average level of bona fide services performed during the immediately preceding thirty-six (36) month period or such other applicable period as provided
by Section 409A. 
 (d) The Committee, in its discretion, may specify the conditions under which the payment of all or any portion of
any Award may be deferred until a later date. Deferrals shall be for such periods or until the occurrence of such events, and upon such terms and conditions, as the Committee shall determine in its discretion, in accordance with the provisions of
Section 409A, the regulations and other binding guidance promulgated thereunder; provided, however, that no deferral shall be permitted with respect to Options and other stock rights subject to Section 409A. An election shall be made by
filing an election with the Company (on a form provided by the Company) on or prior to December 31st of the calendar year immediately preceding the beginning of the calendar year (or other applicable service period) to which such election
relates (or at such other date as may be specified by the Plan Administrator to the extent consistent with Section 409A) and shall be irrevocable for such applicable calendar year (or other applicable service period). 

(e) The grant of nonstatutory stock options and other stock rights shall be granted under terms and conditions consistent with Treas. Reg.
§ 1.409A-1(b)(5) such that any 

  
 Page 26 of 29 

 
such Award does not constitute a deferral of compensation under Section 409A. Accordingly, any such Award may be granted to Employees of the Company and its subsidiaries and affiliates in
which the Company has a controlling interest. In determining whether the Company has a controlling interest, the rules of Treas. Reg. § 1.414(c)-2(b)(2)(i) shall apply; provided that the language “at least 50 percent” shall be used
instead of “at least 80 percent” in each place it appears; provided, further, where legitimate business reasons exist (within the meaning of Treas. Reg. § 1.409A-1(b)(5)(iii)(E)(i)), the language “at least 20 percent” shall
be used instead of “at least 80 percent” in each place it appears. The rules of Treas. Reg. §§ 1.414(c)-3 and 1.414(c)-4 shall apply for purposes of determining ownership interests. 

(f) In no event shall any member of the Board, the Committee or the Company (or its employees, officers or directors) or the Administrator
have any liability to any Participant (or any other Person) due to the failure of an Award to satisfy the requirements of Section 409A. 

23. Miscellaneous.  

(a) Other Terms and Conditions. The grant of any Award may also be subject to such other provisions (whether or not applicable to the
Award granted to any other Participant) as the Administrator determines appropriate, including, without limitation, provisions relating to: 

(i) the payment of the purchase price of Shares underlying an Option Award by delivery of cash or other Shares or other
securities of the Company (including by attestation) having a then Fair Market Value equal to the purchase price of such Shares, or by delivery (including by fax) to the Company or its designated agent of an executed irrevocable option exercise form
together with irrevocable instructions to a broker-dealer to sell a sufficient portion of the Shares and deliver the sale proceeds directly to the Company to pay for the exercise price; 

(ii) one or more means to enable Participants to defer the delivery of Shares or recognition of taxable income relating to
Awards or cash payments derived from the Awards on such terms and conditions as the Administrator determines, including, by way of example, the form and manner of the deferral election, the treatment of dividends paid on the Shares during the
deferral period or a means for providing a return to a Participant on amounts deferred, and the permitted distribution dates or events (provided that no such deferral means may result in an increase in the number of Shares issuable under this Plan);

 (iii) restrictions on resale or other disposition of Shares; and 

(iv) compliance with federal or state securities laws, applicable corporate law requirements, and stock exchange requirements.

  
 Page 27 of 29 

 (b) Employment and Service. The issuance of an Award shall not confer upon a Participant
any right with respect to continued employment or service (including as a Director) with the Company or any Affiliate. Unless determined otherwise by the Administrator, for purposes of the Plan and all Awards, the following rules shall apply: 

(i) a Participant who transfers employment between the Company and its Affiliates, or between Affiliates, will not be
considered to have terminated employment; and 
 (ii) a Participant employed by an Affiliate will be considered to have
terminated employment when such entity ceases to be an Affiliate. 
 Notwithstanding the foregoing, for purposes of an Award that is subject to Code
Section 409A, if a Participant’s termination of employment or service triggers the payment of compensation under such Award, then the Participant will be deemed to have terminated employment or service upon his or her “separation from
service” within the meaning of Code Section 409A. Notwithstanding any other provision in this Plan or an Award to the contrary, if any Participant is a “specified employee” within the meaning of Code Section 409A as of the
date of his or her “separation from service” within the meaning of Code Section 409A, then, to the extent required by Code Section 409A, any payment made to the Participant on account of such separation from service shall not be
made before a date that is six months after the date of the separation from service. 
 (c) No Fractional Shares. No fractional
Shares or other securities may be issued or delivered pursuant to this Plan, and the Administrator may determine whether cash, other securities or other property will be paid or transferred in lieu of any fractional Shares or other securities, or
whether such fractional Shares or other securities or any rights to fractional Shares or other securities will be canceled, terminated or otherwise eliminated. 

(d) Offset. The Company shall have the right to offset, from any amount payable or Stock deliverable hereunder, any amount that the
Participant owes to the Company or any Affiliate without the consent of the Participant or any individual with a right to the Participant’s Award. 

(e) No Right To An Award. Neither the adoption of the Plan nor any action of the Board or of the Administrator shall be deemed to give
an Eligible Employee or a Non-Employee Director any right to be granted an Option, a Stock Appreciation Right, a right to a Restricted Stock Award, Restricted Stock Unit Award, Performance Award, Incentive Award or any other rights hereunder except
as may be evidenced by an Award duly granted by the Company, and then only to the extent of and on the terms and conditions expressly set forth therein. The Plan shall be unfunded. The Company shall not be required to establish any special or
separate fund or to make any other segregation of funds or assets to assure the payment of any Award. 

  
 Page 28 of 29 

 (f) Requirements of Law and Securities Exchange. The granting of Awards and the issuance
of Shares in connection with an Award are subject to all applicable laws, rules and regulations and to such approvals by any governmental agencies or national securities exchanges as may be required. Notwithstanding any other provision of this Plan
or any Award agreement, the Company has no liability to deliver any Shares under this Plan or make any payment unless such delivery or payment would comply with all applicable laws and the applicable requirements of any securities exchange or
similar entity, and unless and until the Participant has taken all actions required by the Company in connection therewith. The Company may impose such restrictions on any Shares issued under the Plan as the Company determines necessary or desirable
to comply with all applicable laws, rules and regulations or the requirements of any national securities exchange. 
 (g) Compliance with
Age Discrimination Rule – Applicable Only to Participants Who Are Subject to the Laws in the European Union. The grant of an Award and the terms and conditions governing an Award are intended to comply with the age discrimination provisions
of the European Union (EU) Equal Treatment Framework Directive, as implemented into local law (the “Age Discrimination Rules”), if applicable, for any Participant who is subject to the laws in the EU. To the extent a court or tribunal of
competent jurisdiction determines that any provision of an Award is invalid or unenforceable, in whole or in part, under the Age Discrimination Rules, the Administrator shall have the power and authority to revise or strike such provision to the
minimum extent as the Administrator deems appropriate and/or necessary to make it valid and enforceable to the full extent permitted under local law. 

(h) Restrictive Legends; Representations. All Shares delivered (whether in certificated or book entry form) pursuant to any Award or
the exercise thereof shall bear such legends or be subject to such stop transfer orders as the Administrator may deem advisable under the Plan or under applicable laws, rules or regulations or the requirements of any national securities exchange.
The Administrator may require each Participant or other Person who acquires Shares under the Plan by means of an Award to represent to the Company in writing that such Participant or other Person is acquiring the Shares without a view to the
distribution thereof. 
 (i) Governing Law. This Plan, and all Awards hereunder, and all determinations made and actions taken
pursuant to this Plan, shall be governed by the internal laws of the State of Ohio (without reference to conflict of law principles thereof) and construed in accordance therewith, to the extent not otherwise governed by the laws of the United States
or as otherwise provided hereinafter. 
 (j) Construction. Whenever any words are used herein in the masculine, they shall be
construed as though they were used in the feminine in all cases where they would so apply; and wherever any words are used in the singular or plural, they shall be construed as though they were used in the plural or singular, as the case may be, in
all cases where they would so apply. Titles of sections are for general information only, and this Plan is not to be construed with reference to such titles. 

(k) Severability. If any provision of this Plan or any Award agreement or any Award (a) is or becomes or is deemed to be invalid,
illegal or unenforceable in any jurisdiction, or as to any person or Award, or (b) would disqualify this Plan, any Award agreement or any Award under any law the Administrator deems applicable, then such provision should be construed or deemed
amended to conform to applicable laws, or if it cannot be so construed or deemed amended without, in the determination of the Administrator, materially altering the intent of this Plan, Award agreement or Award, then such provision should be
stricken as to such jurisdiction, person or Award, and the remainder of this Plan, such Award agreement and such Award will remain in full force and effect. 

  
 Page 29 of 29EX-4(b)

 Exhibit 4(b) 

RTI INTERNATIONAL METALS, INC. 

2004 STOCK PLAN 
 Dated
April 30, 2004 
 As amended January 26, 2007 

1. Purpose. The RTI International Metals, Inc. 2004 Stock Plan is designed to: (i) promote the long-term financial interests and growth of
RTI International Metals, Inc. (together with any successors thereto, the “Company”) and its subsidiaries by attracting and retaining qualified individuals to serve as directors and management personnel; (ii) motivate directors
and management personnel by means of growth-related incentives to achieve long-range growth goals; and (iii) further the identity of interests of directors and management personnel with those of the shareholders of the Company through
opportunities for increased ownership in common stock ($.01 par value) (“Common Stock”) of the Company. 
 2. Definitions. As
used in this Plan, the following terms shall have the meanings set forth below: 
 (a) “Administrator” means the Board or a Committee to
administer the Plan; provided, however, that the Board, in its sole discretion, may, notwithstanding the appointment of any Committee to administer the Plan, exercise any authority under this Plan. 

(b) “Annual Meeting” means the Company’s annual meeting of stockholders. 

(c) “Award” means any Option, Stock Appreciation Right, Restricted Stock Award, or other stock-based award under the Plan. 

(d) “Award Agreement” means any written agreement, contract or other instrument or document evidencing any Award granted under the Plan,
which may, but need not, be executed or acknowledged by a Participant. 
 (e) “Board” means the Board of Directors of the Company, as
constituted from time to time. 
 (f) “Change in Control” means a change in control of a nature that would be required to be reported in
response to Item 6(e) of Schedule 14A of Regulation 14A promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), whether or not the Company is then subject to such reporting requirement; provided, that,
without limitation, such a change in control shall be deemed to have occurred if: 
 (1) Any person (within the meaning of that term as used
in Sections 13(d) and 14(d) of the Exchange Act (a “Person”), is or becomes the “beneficial owner” (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the Company representing twenty
percent (20%) or more of the combined voting power of the Company’s then outstanding voting securities; provided, however, that for purposes of this Plan the term “Person” shall not include (i) the Company or any of its
majority-owned Subsidiaries, (ii) a trustee or other fiduciary holding securities under an employee benefit plan of the Company or any of its Subsidiaries, (iii) an underwriter temporarily holding securities pursuant to an offering of such
securities, or (iv) a corporation owned, directly or indirectly, by the stockholders of the Company in substantially the same proportions as their ownership of stock of the Company; or 

 (2) A change in composition of the Board during any two year period such that the following
individuals cease for any reason to constitute a majority of the number of directors then serving on the Board: individuals who, at the beginning of the two year period, are serving as directors on the Board and any new director (other than a
director whose initial assumption of office is in connection with an actual or threatened election contest, including but not limited to a consent solicitation, relating to the election of directors of the Company) whose appointment or election by
the Board or nomination for election by the Company’s stockholders was approved by a vote of at least two-thirds (2/3) of the directors then still in office who either were directors at the beginning of the two year period or whose
appointment, election or nomination for election was previously so approved, or 
 (3) There is consummated a merger or consolidation of the
Company or a Subsidiary thereof, with any other corporation, other than a merger or consolidation which would result in the holders of the voting securities of the Company outstanding immediately prior thereto holding securities which represent
immediately after such merger or consolidation at least 50% of the combined voting power of the voting securities of the entity surviving the merger or consolidation (or the Parent of such surviving entity), or the shareholders of the Company
approve a plan of complete liquidation of the Company, or there is consummated the sale or other disposition of all or substantially all of the Company’s assets. 

(g) “Code” means the Internal Revenue Code of 1986, as amended. 

(h) “Committee” means a committee of the Board. 

(i) “Director” means a member of the Board who is not an employee of the Company or any Parent or Subsidiary thereof. 

(j) “Disability” means a disability as determined by the Company’s disability policy as in effect from time to time or as determined by
the Administrator consistent therewith. 
 (k) “Effective Date” means that date in which the stockholders of the Company approve this Plan.

 (l) “Exchange Act” means the Securities Exchange Act of 1934, as amended. 

(m) “Fair Market Value” means the mean of the high and low prices of the Shares on the date specified rounded up to the next whole cent (or,
if there is no trading on the New York Stock Exchange on such date, then on the first previous trading date) as reported in “New York Stock Exchange Composite Transactions” in “The Wall Street Journal” or by WSJ.com or Bloomberg
L.P., or if unavailable, then by reference to any other source as may be deemed appropriate by the Administrator. 
 (n) “Option” means a
non-qualified or qualified option granted under Section 6 of this Plan. 
 (o) “Parent” means a “parent corporation,”
whether now or hereafter existing, as defined in Section 424(e) of the Code. 
 (p) “Participant” means an individual employee or
Director who has received an Award under the Plan. 
 (q) “Plan” means this RTI International Metals, Inc. 2004 Stock Plan. 

(r) “Prior Stock Plans” means the RTI International Metals, Inc. 1995 Stock Plan and the RTI International Metals, Inc. 2002 Non-Employee
Director Stock Option Plan. 

  
 2 

 (s) “Restricted Stock” means the Common Stock subject to a Restricted Stock Award. 

(t) “Restricted Stock Award” means a grant of Shares subject to a risk of forfeiture or other restrictions that will lapse upon a specified
amount of time since the date on which the Company granted the Participant a Restricted Stock Award or the completion of service by the Participant or the achievement of performance or other objectives, as determined by the Administrator. 

(u) “Restricted Stock Unit Award” means a grant of Stock Units subject to a risk of forfeiture or other restrictions that will lapse upon a
specified amount of time since the date of the grant of the Award or the Participant’s achievement of performance or other objectives, as determined by the Administrator. 

(v) “Retirement” means the end of a Director’s service on the Board due either (i) to the expiration of the term for which such
Director was elected; or (ii) the voluntary retirement from service on the Board before the expiration of his or her term. 
 (w)
“Shares” shall mean shares of the Common Stock. 
 (x) “Stock Appreciation Right” shall mean a right to receive a payment
in cash and/or Shares equal to the excess of the Fair Market Value of a Share on the date the Stock Appreciation Right is exercised over the Fair Market Value of a Share at the date of the Award of the Stock Appreciation Right for a specified number
of Shares. 
 (y) “Stock Unit” means the right to receive a Share at a future point in time. 

(z) “Subsidiary or Subsidiaries” means, as the case may be, one or more “subsidiary corporations,” whether now or hereafter
existing, as defined in Section 424(f) of the Code. 
 (aa) “Year” means a calendar year. 

3. Eligibility. Each Director and Employees of the Company and its Subsidiaries in responsible positions whose performance, in the judgment of
the Administrator, may affect the Company’s success are eligible for Awards under the Plan. 
 4. Administration. This Plan shall be
administered by the Administrator. Subject to the terms of the Plan and applicable law, the Administrator shall have full power and authority, in its discretion: 

(a) to interpret, construe and administer the Plan and any instrument or agreement relating to, or Award granted under, the Plan; 

(b) to select Participants to whom Awards may from time to time be granted; 

(c) to determine the amount and type of Awards, including any combination thereof, to be granted to a Participant; 

(d) to determine the number of Shares (if any) to be granted under an Award; 

(e) to determine the Fair Market Value of the Common Stock, in accordance with this Plan; 

(f) to determine and modify from time to time, in a manner consistent with this Plan, the terms and conditions of any Award (including but not limited to
conditions applicable to the grant, issuance, exercisability and vesting of an Award), and approve the forms of Award Agreements for use under this Plan; 

(g) to determine whether and to what extent an adjustment is required under Section 5(e) of this Plan; 

  
 3 

 (h) to determine whether, to what extent and under what circumstances, Shares and other amounts payable with
respect to an Award under this Plan shall be deferred either automatically or at the election of the participant (including providing for and determining the amount, if any, of any deemed earnings on any deferred amount during any deferral period);

 (i) to establish, amend, suspend or waive such rules and regulations and appoint such agents as it deems appropriate for the proper administration of the
Plan; 
 (j) to make any other determination and take any other action that it deems necessary or desirable for the administration of this Plan; and 

(k) to delegate to management of the Company its duties under the Plan subject to such conditions and limitations as the Administrator shall prescribe except
that only the Administrator may designate and make Grants to Participants who are subject to Section 16 of the Exchange Act. 
 All decisions of the
Administrator shall be final, conclusive and binding upon all parties, including the Company and the Participants. 
 5. Shares Subject to the
Plan. 
 (a) Subject to adjustment as provided in Section 5(e) below, the number of Shares available for issuance under the Plan over the 10
Year term of the Plan shall be 2,500,000 plus the shares added to the Plan from the Prior Stock Plans pursuant to Sections 5(b) and 5(c) hereof. Upon stockholder approval of this Plan, no further grants or awards of any kind shall be made by the
Company under its Prior Stock Plans. 
 (b) To the extent that Options granted under the Plan or under the Prior Stock Plans shall expire or terminate
without being exercised or Shares awarded under the Plan or under the Prior Stock Plans shall be forfeited, such Shares shall remain available or be added to and shall increase the number of Shares available for purposes of the Plan. 

(c) Shares delivered in payment of the purchase price in connection with the exercise of Options or Shares delivered or withheld to pay tax-withholding
obligations or otherwise under the Plan or under the Prior Stock Plans shall be added to and shall increase the number of Shares available for purposes of the Plan. 

(d) Any Shares delivered pursuant to an Award may consist, in whole or in part, of authorized and unissued Shares or Shares held in treasury by the Company.

 (e) In the event that any dividend or other distribution (whether in the form of cash, Shares, other securities, or other property), recapitalization,
stock split, reverse stock split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase or exchange of Shares or other securities of the Company, issuance of warrants or other rights to purchase Shares or other
securities of the Company, or other similar corporate transaction or event affects the Shares, an adjustment is required in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under the Plan.
The Administrator shall, in an equitable manner, adjust any or all of: (i) the number and kind of securities which may be delivered under this Plan; (ii) the number and kind of securities subject to outstanding Awards (including the number
and kind of securities credited to any stock unit accounts); (iii) the exercise price with respect to any Option or, if deemed appropriate, make provisions for a cash payment to the holder of an outstanding Option; and (iv) the terms and
conditions of the Awards as the Administrator deems appropriate. No adjustment or substitution provided for in this Section 5(e) shall require the Company to issue or to sell a fractional share and the total adjustment or substitution with
respect to each Award Agreement shall be limited accordingly. 
 6. Options. Options may be granted to Participants either alone or in
addition to other Awards granted under the Plan. The total number of Shares that may be purchased pursuant to individual Option Awards shall be determined by the Administrator at the time of grant. The Options granted may be either statutory stock
options intended to qualify under Section 422 of the Code or non-qualified stock options that are not intended to qualify under Section 422 of the Code; provided, however that Options granted to Directors will be non-statutory stock
options which will not qualify under Section 422 of the Code. Options shall have the following terms and conditions: 
 (a) Price and Term of
Options. The purchase price per share of Shares deliverable upon the exercise of each Option shall be no less than 100% of the Fair Market Value per share of the Shares on the date the Option is granted. Each Option shall have a term not to
exceed ten years from the date of grant. Qualified stock options shall be priced and issued on terms that comply with all relevant provision of the Code. 

  
 4 

 (b) Payment. The Administrator shall determine the method or methods by which, and the form or forms,
including, without limitation, cash, Shares, or other property, or any combination thereof, having a Fair Market Value on the exercise date equal to the relevant exercise price, in which payment of the exercise price with respect to an Option may be
made or deemed to have been made. Exercise of an Option in any manner shall result in a decrease in the number of Shares that thereafter may be available under the Option by the number of Shares as to which the Option is exercised. 

(c) Award Agreement. Each Option granted hereunder shall be evidenced by an Award Agreement with the Company, which shall contain the terms and
provisions set forth herein and shall otherwise be consistent with the provisions of this Plan. 
 7. Stock Appreciation Rights. Stock
Appreciation Rights may be granted to Participants either alone or in addition to other Awards granted under the Plan and may, but need not, relate to a specific Option granted under Section 6 above. Any Stock Appreciation Right related to an
Option may be granted at the same time the Option is granted or at any time thereafter, before the expiration or exercise of such Option. To the extent applicable, Stock Appreciation Rights shall generally be subject to the same terms and conditions
that are applicable to Options pursuant to Section 6 above including, without limitation, being evidenced by an Award Agreement. 
 8. Restricted
Stock. Restricted Stock Awards may be issued to Participants, for no cash consideration or for such minimum consideration as may be required by applicable law, or for such other consideration as determined by the Administrator, either alone
or addition to other Awards granted under the Plan. All or part of a Restricted Stock Award may be subject to conditions including, but not limited to, continuous service with the Company, achievement of business objectives; individual, unit and
Company performance and other criteria; and provisions for forfeiture and restricting transfer. Subject to such forfeiture and transfer restriction provisions as may be established by the Administrator, any Participant receiving a Restricted Stock
Award shall have all the rights of a shareholder of the Company with respect to Shares of Restricted Stock, including the right to vote the Shares and the right to receive any cash dividends thereon, provided, however, that a dividend or other
distribution with respect to the Restricted Stock, other than a cash dividend, shall be delivered to the Company (and the Participant shall, if requested by the Company, execute and return one or more irrevocable stock powers related thereto) and
shall be subject to the same restrictions as the Restricted Stock with respect to which such dividend or other distribution was made. To the extent applicable, Restricted Stock Awards shall generally be subject to the same terms and conditions that
are applicable to Options pursuant to Section 6 above including, without limitation, being evidenced by an Award Agreement. 
 9. Annual Retainer
to Directors. 
 (a) Director Retainer Payments. The Company shall pay each Director an annual retainer in an amount to be determined by the
Board (the “Retainer Payment”); provided, however, that not more than fifty percent (50%) of the Retainer Payment shall be paid in the form of Shares pursuant to this Section 9 and the balance of the Retainer Payment shall
be paid in the form of cash. 
 (b) Grant of Restricted Stock. Each Director shall receive Restricted Stock Awards consistent with Section 8
hereof and the other terms of this Plan upon the completion of each Annual Meeting during the term of this Plan, and such Award shall vest immediately prior to the next Annual Meeting following the date of the grant. A stock certificate for the
Shares under a Restricted Stock Award will be issued in the name of the Participant and deposited, together with a stock power endorsed in blank by the Participant, with the Company, until the lapse of restrictions thereon. In the event a
Participant is elected or appointed on a date other than the date of the Annual Meeting, the Participant’s Award shall be pro-rated such that the Participant shall receive the Restricted Stock awarded on the date of the immediately preceding
Annual Meeting, multiplied by (i) the number of full calendar months before the next Annual Meeting, divided by (ii) 12. 

  
 5 

 (c) Lapse of Restrictions. After the Shares of Restricted Stock vest, the Company shall deliver the
corresponding Shares free and clear of all restrictions to the Participant (or the Participant’s legal representative, beneficiary or heir.) 
 (d)
Forfeiture. In the event a Participant’s membership on the Board terminates for reasons other than death, Disability or Retirement, any non-vested Shares of Restricted Stock shall terminate and all of the rights, title and interest of
the Participant thereunder shall be forfeited in their entirety. 
 10. Other Stock-Based Awards. The Administrator is hereby authorized to
grant to Participants such other Awards (including, without limitation, Restricted Stock Unit Awards and rights to dividends and dividend equivalents) that are denominated or payable in, valued in whole or in part by reference to, or otherwise based
on or related to, Shares (including, without limitation, securities convertible into Shares) as are deemed by the Administrator to be consistent with the purposes of the Plan. Subject to the terms of the Plan, the Administrator shall determine the
terms and conditions of such Awards. Shares or other securities delivered pursuant to a purchase right granted under this Section 10 shall be purchased for such consideration, which may be paid by such method or methods and in such form or
forms, including, without limitation, cash, Shares, other securities, other Awards, or other property, or any combination thereof, as the Administrator shall determine, the value of which consideration, as established by the Administrator, shall not
be less than the Fair Market Value of such Shares or other securities as of the date such purchase right is granted. 
 11. Additional
Maximums. Subject to adjustment as provided in Section 5(e) above, the maximum number of Shares that can be granted in the form of Restricted Stock is 1,250,000. 

12. Amendment and Termination. Except to the extent prohibited by applicable law: 

(a) Amendments to the Plan. The Board may amend, alter, suspend, discontinue or terminate the Plan, including, without limitation, the number of shares
subject to Awards granted pursuant to this Plan, without the consent of any stockholder, Participant, other holder or beneficiary of any Award, or other person; provided, however, that no such amendment, alteration, suspension, discontinuation or
termination shall be made without: (i) stockholder approval if such approval is necessary to qualify for or comply with any tax or regulatory requirement for which or with which the Board deems it necessary or desirable to qualify or comply; or
(ii) the consent of the affected Participant, if such action would adversely affect the rights of such Participant under any outstanding Award; and provided further, that no such amendment or alteration shall increase the aggregate number of
shares that may be issued under the Plan, except as provided in Section 5(e). Notwithstanding any other provision of the Plan or any Award Agreement, no such amendment, alteration, suspension, discontinuation or termination shall be made that
would (x) permit Options to be granted with a per Share exercise price of less than the Fair Market Value of a Share on the date of grant thereof or (y) except as provided in Section 5(e), reduce the exercise price of any Option
established at the time of grant thereof. 
 (b) Correction of Defects, Omissions and Inconsistencies. The Administrator may correct any defect,
supply any omission, or reconcile any inconsistency in the Plan or any Award in the manner and to the extent it shall deem desirable to carry the Plan into effect. 

13. Compliance with Governmental Regulations. Notwithstanding any provision of the Plan or the terms of any agreement entered into pursuant to
the Plan, the Company shall not be required to issue any securities hereunder prior to registration of the Shares subject to the Plan under the Securities Act of 1933, as amended, or the Exchange Act, if such registration shall be necessary, or
before compliance by the Company or any Participant with any other provisions of either of those acts or of regulations or rulings of the Securities and Exchange Commission thereunder, or before compliance with other federal and state laws and
regulations and rulings thereunder, including the rules of the New York Stock Exchange and any other exchange or market on which the Shares are listed or quoted. The Company shall use its reasonable best efforts to effect such registrations and to
comply with such laws, regulations and rulings forthwith upon advice by its counsel that any such registration or compliance is necessary. 

  
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 14. Compliance with Section 16. With respect to persons subject to Section 16 of the
Exchange Act, transactions under this Plan are intended to comply with all applicable conditions of Rule 16b-3 (or its successor rule). To the extent that any grant of an Award fails to so comply, it shall be deemed null and void to the extent
permitted by law and to the extent deemed advisable by the Administrator. 
 15. Change in Control Provisions. Notwithstanding any provisions
of the Plan or any Award Agreement to the contrary, unless the Board shall determine otherwise at the time of the grant of an Award with respect to such Award, in the event of a Change in Control all outstanding Awards shall become fully vested.

 16. General Provisions. 
 (a) No Rights of
Stockholders. Except as otherwise provided herein, neither a Participant nor a Participant’s legal representative shall be, or have any of the rights and privileges of, a stockholder of the Company in respect of any Shares issuable under
the Plan in connection with any Award or Account, in whole or in part, unless and until certificates for such Shares shall have been issued. 
 (b)
Transferability of Awards. No Award, and no right under any such Award, shall be assignable, alienable, saleable or transferable by an employee Participant otherwise than by will or by the laws of descent and distribution. No Award, and no
right under any such Award, shall be assignable, alienable, saleable or transferable by a Director Participant otherwise than: (i) by will or by the laws of descent and distribution; (ii) to a trust for the benefit of the Director or his
or her immediate family; or (iii) to a member of the Director’s immediate family; provided, however, that with respect to Restricted Stock Unit Awards, such Awards may not be transferred under paragraphs (ii) and (iii) above
until the issuance date of the Shares underlying the Stock Units. During the Participant’s lifetime, rights under an Award shall be exercisable only by the Participant, or if permissible under applicable law, by the Participant’s guardian
or legal representative. 
 (c) No Limit on Other Compensation Arrangements. Nothing contained in the Plan shall prevent the Company from adopting or
continuing in effect other or additional compensation arrangements, and such arrangements may be either generally applicable or applicable only in specific cases. 

(d) Governing Law. The validity, constrictions and effect of this Plan, agreements entered into pursuant to this Plan, and of any rules, regulations,
determinations or decisions made by the Administrator relating to this Plan or such agreements, and the rights of any and all persons having or claiming to have any interest therein or thereunder, shall be determined exclusively in accordance with
applicable federal laws and the laws of the State of Ohio, without regard to its conflict of laws principles. 
 (e) Severability. If any provision
of the Plan or any Award Agreement is or becomes or is deemed to be invalid, illegal, or unenforceable in any jurisdiction, or as to any person, Award, or would disqualify the Plan or any Award under any law deemed applicable by the Administrator,
such provision shall be construed or deemed amended to conform to applicable laws, or if it cannot be so construed or deemed amended without, in the determination of the Administrator, materially altering the intent of the Plan or the Award, such
provision shall be stricken as to such jurisdiction, person or Award, and the remainder of the Plan and any such Award shall remain in full force and effect. 

(f) No Trust or Fund Created. Neither the Plan nor any Award (including the establishment of a Stock Unit Account) shall create or be construed to
create a trust or separate fund of any kind or a fiduciary relationship between the Company and a Participant or any other person. To the extent that any person acquires a right to receive an Award, or Shares pursuant to an Award, from the Company
pursuant to this Plan, such right shall be no greater than the right of any unsecured general creditor of the Company. 
 (g) Withholding. The
Company shall be authorized to withhold from any Awards granted or any transfer made under any Award or under the Plan or from any dividend equivalents to be paid on Stock Units the amount (in cash, Shares, other securities, or other property) of
any taxes required to be withheld in respect of a grant, exercise, payment or settlement of an Award or any payment of dividend equivalents under Stock Units or under the Plan and to take such other action as may be necessary in the opinion of the
Company to satisfy all obligations for the payment of any such taxes. 

  
 7 

 (h) No Right to Continued Employment or Board Membership. The grant of an Award or establishment of a
Stock Unit account shall not be construed as giving a Participant the right to be retained as an employee or director of the Company. The Board may at any time fail or refuse to nominate a Participant for election to the Board, and the stockholders
of the Company may at any election fail or refuse to elect any Participant to the Board free from any liability or claim under this Plan or any Award. 

(i) Cancellation. Any provision of the Plan or any Award Agreement to the contrary notwithstanding, the Administrator may cause any Award granted
hereunder to be cancelled in consideration of a cash payment or alternative Award made to the holder of such cancelled Award equal in value to the Fair Market Value of such cancelled Award on the date of cancellation. 

(j) Effective Date of Plan. The Plan shall be effective as of the Effective Date. 

(k) Term of the Plan. No Award shall be granted under the Plan after the ten-year anniversary of the Effective Date of the Plan. However, unless
otherwise expressly provided in the Plan or in an applicable Award Agreement, any Award granted prior to the termination of the Plan may extend beyond such date, and the authority of the Administrator to amend, alter, adjust, suspend, discontinue,
or terminate any such Award, or to waive any conditions or rights thereunder, and the authority of the Board to amend the Plan, shall extend beyond such date. 

  
 8

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