#1Livent 4 Livent Corporation BMO Conference Presentation February 27, 2023#2Safe Harbor Statement Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements in this earnings presentation are forward-looking statements. In some cases, we have identified forward-looking statements by such words or phrases as "will likely result," "is confident that," "expect," "expects," "should," "could," "may," "will continue to," "believe," "believes," "anticipates," "predicts," "forecasts," "estimates," "projects," "potential," "intends" or similar expressions identifying "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including the negative of those words and phrases. These forward-looking statements, which are subject to risks, uncertainties and assumptions about Livent, may include projections of Livent's future financial performance, Livent's anticipated growth strategies and anticipated trends in Livent's business, including without limitation, our capital expansion plans and development of the Nemaska project. Such forward-looking statements are based on our current views and assumptions regarding future events, future business conditions and the outlook for the Company based on currently available information. There are important factors that could cause Livent's actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements, including a decline in the growth in demand for electric vehicles using high performance lithium compounds; constraints for EV assemblies and lithium-ion battery manufacturing such as restrictions on access to semiconductor chips and availability of other raw materials could indirectly impact lithium demand; increased supply chain disruptions in the electric vehicle manufacturing industry; risks relating to Livent's capacity expansion efforts and current production; not having established proven or probable mineral reserves, as defined by the Securities and Exchange Commission; difficulty integrating future acquisitions; the success of Livent's research and development efforts; volatility in the price for performance lithium compounds or other battery materials, and the risk that increasing prices become demand destructive in our key end markets (as the principal driver of our higher guidance range is higher expected realized pricing); adverse global economic and weather conditions that may result in adverse impact on supply chains and customer demand, including a global recession or regional recessions; competition; the potential development and adoption of battery technologies that do not rely on performance lithium compounds as an input or that require a lesser amount of performance lithium compounds; quarterly and annual fluctuations of our operating results; liquidity and access to credit; the conditional conversion feature of the 2025 Notes; the lack of sufficient cash flow from our business to pay our debt; risks inherent in international operations and sales, including political, financial and operational risks specific to Argentina, China and other countries where Livent has active operations; the effects of war, such as the conflict in Ukraine; physical risks to our operations and those of our suppliers, including natural disasters, epidemics, pandemics and other catastrophic events; the COVID-19 pandemic and its consequences; reduced customer demand, or delays in growth of customer demand, for higher performance lithium compounds; customer concentration and the delay or loss of, or significant reduction in orders from, large customers; failure to satisfy customer and government quality standards; increases in the price of energy and raw materials or broader global inflationary pressures; employee attraction and retention; union relations; cybersecurity breaches; our ability to protect our intellectual property rights; risks related to our business partners not operating in accordance with their business plans and failing to fulfill their obligations; risks related to whether the information in our feasibility studies is current; ESG risks, including events outside our control that could prevent us from achieving our sustainability goals; legal and regulatory proceedings; including any shareholder lawsuits; compliance with environmental, health and safety laws; changes in tax laws; risks related to ownership of our common stock, including price fluctuations and lack of dividends; as well as the other factors described under the caption entitled "Risk Factors" in Livent's 2022 Form 10-K filed with the Securities and Exchange Commission on February 24, 2023. Although Livent believes the expectations reflected in the forward-looking statements are reasonable, Livent cannot guarantee future results, level of activity, performance or achievements. Moreover, neither Livent nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. Livent is under no duty to update any of these forward-looking statements after the date of this news release to conform its prior statements to actual results or revised expectations. Non-GAAP Financial Terms In these slides, Livent uses the financial measure Adjusted EBITDA. This term is not calculated in accordance with generally accepted accounting principles (GAAP). Definitions of this term, as well as a reconciliation to the most directly comparable financial measure calculated and presented in accordance with GAAP, is provided on our website ir.livent.com. 2#3Livent Company Snapshot Livent has been an independent publicly traded company since its IPO on October 11, 2018 Low Cost Cost leadership in Lithium Carbonate, Lithium Hydroxide and Lithium Chloride Global Footprint Encompassing 6 manufacturing and sourcing sites across 5 countries supported by ~1,350 employees Revenue by Product² Lithium Carbonate & Lithium Chloride 9% (1) 234) Butyllithium 34% Other Specialty 6% Lithium Hydroxide 51% Synthesis 10 % Polymers 13% Revenue by Application Other 6% Greases 26% Adjusted EBITDA¹ 2022 Total $813mm ($ million) Battery-grade Lithium Hydroxide and Lithium Carbonate revenue in Energy Storage applications expected to increase over time Revenue Livent Management estimates. Energy Storage includes electric transportation, portable electronics, stationary storage and other applications. 2,3 Energy Storage (incl. EV)4 45 % 2023E 1,000 - 1,100 510-580 2022A North America 18% 813 367 YoY Growth (Midpoint) -30% Revenue by Geography EMEA 12% (1) Adjusted EBITDA margin is a non-GAAP financial measure. For a reconciliation of Adjusted EBITDA to the most directly comparable GAAP financial measure, net income, refer to the Livent investor relations website. Adjusted EBITDA margin is calculated as Adjusted EBITDA divided by revenue. Percentages based on total 2022 Revenue of $813 million. ~50% Asia 70% Focus on long-term balanced global exposure 2 32#4Canada¹ Livent Low-Cost Resources and Operations * (1) Argentina Our Resources Lithium Brine Lithium Carbonate Lithium Chloride Manufacturing Footprint Lithium Hydroxide Specialty Lithium Salts Basic Lithium Metal High Purity Metals Specialty Organics Butyllithium K Canada presence relates to 50% ownership interest in the Nemaska Lithium development project located in Québec, Canada. Key Product Applications Li-ion batteries for electric vehicles, portable devices, stationary storage; other specialty applications High energy density Li-ion batteries for electric vehicles, portable devices, stationary storage; specialty lubricating greases and other applications Pharmaceuticals; catalysts for chemical intermediates Lightweight alloys; non-rechargeable lithium batteries for household, medical and military applications; next generation rechargeable batteries Pharmaceutical applications Agrochemicals; pharmaceuticals; synthetic "green" rubber applications, including tires; and other polymers for adhesives, compounding, asphalt modification and sealant applications Air treatment and purification applications 4#5Livent Investment Highlights Livent is a leading vertically integrated pure-play producer of low-cost lithium, selling to leading electric vehicle OEMs and battery manufacturers worldwide Low-Cost Global Resources and Operations with a Favorable Sustainability Profile ✓ Expanding Capacity and Footprint in Multiple Geographies Partnerships with Leading Automotive OEMs and Battery Manufacturers Key Beneficiary and Enabler of the Global Growth in Electric Vehicles (EVS) Continued Investment in Developing Next Generation Engineered Lithium Products Commitment to Advancing a Cleaner, Healthier and More Sustainable Future LO 5#6● ● ● Livent Livent Expansion Opportunities Brine-based Production Lithium Carbonate Livent has been extracting Lithium Brine at Salar del Hombre Muerto in Argentina for more than 25 years One of the lowest cost resources globally for Lithium Carbonate (current capacity -20,000 metric tons) and Lithium Chloride (~9,000 metric tons) (¹) Proprietary extraction process enables Livent to produce high quality, low impurity Lithium Carbonate Lithium Carbonate currently serves as the feedstock for Livent's downstream Lithium Hydroxide production Targeting total Carbonate capacity in Argentina of 100,000 metric tons by the end of 2030 Lithium Hydroxide Currently producing qualified battery- grade Lithium Hydroxide in both the U.S. and China (current capacity of -15,000 metric tons in each region) Livent's operational flexibility and proven capabilities are valued by global customers looking to localize battery material supply chains Modular expansion allows Livent to build new capacity quickly and efficiently in various locations Evaluating building a plant that would process recycled lithium material from batteries into Lithium Hydroxide Targeting total Hydroxide capacity of at least 55,000 metric tons by the end of 2025 (excluding Nemaska) Hard-Rock Production Nemaska Lithium: Fully Integrated Hydroxide Production Large and competitive spodumene resource in Québec, Canada, with strong sustainability profile Strategic and supportive location in Québec, Canada with ability to serve customers in North America and Europe Livent to contribute technical and commercial expertise to Nemaska Lithium in the development and future operation of the project Livent holds a 50% ownership interest in Nemaska Lithium (2) Potential for Livent to increase position in Nemaska over time Source: Company filings and materials. (1) Represents theoretical capacity for Lithium Carbonate and Lithium Chloride. Actual combined production of both products is lower and limited by the total capacity of lithium brine production. (2) Livent announced on May 2, 2022 an agreement to double its ownership interest to 50% in Nemaska Lithium. 6#7Livent Growing Capacity to Meet Future Customer Demand Year-End Projected Capacity (ktpa) (1) 1a Lithium Carbonate Current Less: Carbonate to Feed Hydroxide Excess Carbonate Available for Sale 1b Expansions Total Carbonate Capacity Lithium Hydroxide Current (Livent Carbonate Fed) Expansions (Livent Carbonate Fed) Total Capacity (Livent Carbonate Fed) 3 2 Recycling Plant (3) (4) 2022 2023 2024 2025 2026 2027 20 -- 20 (20) (40) 0 0 25 5 30 20 20 40 30 224 25 20 45 1 20 20 40 45 (40) 0 224 20 1 20 50 70 45 (40) 30 25 20 45 10 20 50 70 55 (40) (40) 30 30 25 20 45 10 34 20 50 70 89 25 20 45 Note: capacity shown in product metric tons; excludes lithium chloride and other product capacities. (1) Numbers do not represent projected annual production; projected year-end capacity only. (2) 1 product metric ton of hydroxide is equivalent to 0.88 metric tons of carbonate (Lithium Carbonate Equivalent or LCES). 10 2028 2029 2030 20 50 70 34 (40) 30 25 20 45 10 34 89 89 20 65 85 (40) 45 2246 25 20 45 3 Nemaska (Bécancour) Total Hydroxide Capacity Spodumene Concentrate Nemaska (W habouchi) (4) External sales in 2025 2026 only before feedstock for Bécancour production 10 34 89 Multiple highly attractive opportunities for Livent to grow significantly 20 80 100 (40) 60 224 25 20 45 10 34 89 (3) Assumes plant is fed using third-party recycled material and therefore does not impact carbonate capacity balance. (4) Shown on a 100% basis; integrated spodumene to hydroxide asset and therefore does not impact carbonate capacity balance; commercial strategy to be determined by Nemaska Lithium and its shareholders. 7#8● ● Livent 1a Salar del Hombre Muerto Commenced operations at the salar in 1997; 25 years of historical operations Livent Argentina Operations (Catamarca Province) Hold mineral concession rights through subsidiary MdA to extract lithium brine without time or volume limitations Uses a proprietary Direct Lithium Extraction (DLE) technology that speeds up conversion and reduces land footprint; results in leading sustainability profile Recently published first Resources & Reserves report highlighting the strengths of the resource and our operations: High-grade lithium brine with historical production >740 mg/L (605ppm) and very low variability Large resource covering roughly 600 square kilometers with depths potentially extending to 900+ meters below ground surface ● ● Current production does not extend below 40m and inferred resource only reaches 200m Easily supports expansion in a sustainable manner Increasing lithium carbonate production capacity by five-times (100,000 metrics tons total) by the end of the decade Proven and probable reserves make up roughly one-third of total resource today Category Measured (0-40 m) Indicated (40-100 m) Total Measured & Indicated Inferred (100-200 m) Total Measured, Indicated & Inferred Lithium (K Mt) 523 805 1,328 892 2,220 Note: K Mt thousand metric tons; values rounded to the nearest thousand. For further information, see the technical report titled "Resource and Reserve Report, Pre-Feasibility Study, Salar del Hombre Muerto, Argentina, prepared by Integral Consulting Inc. dated February 21, 2023, filed as exhibit 96.1 to Form 10-K on February 24, 2023. M Lithium Carbonate Equivalent (LCE) (K Mt) 2,783 4,288 7,071 4,749 11,820 8#9Livent 1a Lithium Carbonate Expansions Second Expansion First Expansion Status: Phase A: Nearing Completion; Phase B: Ongoing Location: Argentina Capacity: 20,000 metric tons (two equal phases) First Production: Phase A: 1H 2023; Phase B: Q1 2024 Capital Spending: ~$450 million in 22/23 Flow Sheet: Existing DLE-based process Limited technology or start-up risks as replication of existing processes Carbonate expansion (Fénix; Catamarca, Argentina) Status: Engineering Location: Argentina Capacity: 30,000 metric tons Production: 2026 Capital Spending: $500-$700 million Flow Sheet: Existing DLE-based process Lower capital requirements than First Expansion (camps, water pipeline, etc. already built) ● Will leverage equipment from First Expansion that can be applied across our entire Argentina operations • Mechanical evaporation, zero liquid discharge, closed loop recovery • Frees up existing concentration ponds DLE = Direct Lithium Extraction. Note: Capital spending amounts shown in USD; capacity shown in product metric tons. Third Expansion Status: Evaluating Location: Argentina Capacity: Up to 30,000 metric tons Production: 2029 / 2030 Capital Spending: TBD Flow Sheet: Conventional pond evaporation-based process Requires significantly less investment in infrastructure (water, energy, etc.) Potential to leverage existing Livent facilities Likely much lower capital intensity versus Livent DLE-based expansions 9#10Livent ● Lithium Hydroxide Expansions 1b New China Hydroxide Plant Status: Engineering Location: Zhejiang, China Capacity: 15,000 metric tons Commercial Production: 2024 Capital Spending: ~$25 million Feedstock: Livent Carbonate Proven track-record of successful hydroxide capacity expansion in China 1b New U.S. Hydroxide Plant Status: Complete Location: Bessemer City, North Carolina Capacity: 5,000 metric tons Feedstock: Livent Carbonate Mechanical completion in Q3 2022 Early stages of production and qualification Commercial volumes in 2023 New Hydroxide facility (BC; North Carolina, USA) ● Will diversify operational footprint in China Allows Livent to serve growing customer demand in the region Note: Capital spending amounts shown in USD; capacity shown in product metric tons. 2 Lithium Recycling Plant Status: Evaluating Location: North America / Europe Capacity: 10,000 metric tons + Commercial Production: 2025 Capital Spending: TBD Feedstock: Recycled Material Designed to reprocess recycled lithium material Currently evaluating multiple partnership opportunities • Various potential attractive funding options 10#11Livent 3 Nemaska Lithium: Fully-Integrated Hydroxide Project Spodumene Mine and Concentrator Hydroxide Plant Status: Late-Stage Engineering Location: Whabouchi (Québec, Canada) Commercial Production: Spodumene concentrate sales to customers starting in 2025 until hydroxide plant ramp-up to full production Capital Spending (¹): TBD One of largest expected lithium assets in North America Transportation via rail to Bécancour ● Whabouchi Mine (Québec, Canada) Status: Late-Stage Engineering Location: Bécancour (Québec, Canada) Capacity: 34,000 metric tons Commercial Production: 2026 Capital Spending (¹): TBD Feedstock: Whabouchi spodumene (100% integrated) • Industrial park in development with access to rail, infrastructure and proximity to shipping port Additional land available to increase future capacity ● Bécancour (Québec, Canada) Note: Capacity shown in product metric tons on a 100% basis; Livent owns a 50% interest in Nemaska Lithium. (1) Sources of funding to be determined by Nemaska Lithium and its shareholders. 11#12Livent 3 Nemaska Lithium: Expected Timeline Publish Feasibility Study • Begin construction Announce first customers and initial sources of financing 1H 2023 Note: Livent owns a 50% interest in Nemaska Lithium. Whabouchi mine and concentrator complete (year-end 2024) First spodumene concentrate sales to key customers (1H 2025) 2024 / 2025 Bécancour hydroxide plant complete First lithium hydroxide sales to customers Spodumene concentrate sales to key customers to continue until full integrated hydroxide plant ramp-up 2026 < 12#13Livent