#1Livent Livent Corporation Investor Presentation February 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 2021 Form 10-K filed with the Securities and Exchange Commission on February 28, 2022 and our subsequent Forms 10-Q filed with the Securities and Exchange Commission. 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 measures Adjusted EBITDA, adjusted EPS and adjusted cash from operations. These terms are not calculated in accordance with generally accepted accounting principles (GAAP). Definitions of these terms, as well as a reconciliation to the most directly comparable financial measure calculated and presented in accordance with GAAP, are provided on our website ir.livent.com. 2#3Livent OUR MISSION WE HARNESS LITHIUM TECHNOLOGY TO POWER LIVES FOR A CLEANER, HEALTHIER AND MORE SUSTAINABLE WORLD Safety First HOT Thrive with Customers OUR CORE VALUES Be Responsible Celebrate Differences Constantly Innovate 3#4Livent 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 4#5Livent 1950s: Partnered with U.S. government to develop markets for Lithium Carbonate and Lithium Hydroxide (ceramics, glass, air treatment, grease and military applications) 1940 1942: Lithium Corporation of America formed in Minnesota; Started Lithium Hydroxide Production Rich Heritage of Innovation, Deep Expertise 2019: 1970: Developed market for use of Butyllithium in solution Styrene Butadiene Rubber (SSBR) applications Filed first Printable Lithium Technology patent 1950 1954: Opened Bessemer City, North Carolina Production facility 1970 1970s: Specialty inorganic compounds production commenced in North Carolina 1980 1991: Worked with Sony to develop first Lithium-Ion Batteries 1995: Completed first application of Lithium Hydroxide in nickel-rich cathode 1985: FMC acquired Lithium Corporation of America FMC 1996: First patent filed for cathode technology 1990 1995-1996: Opened sites in Argentina Ceased North Carolina mining operations 2000: Filed first patent for SLMPⓇ technology in battery application 2000 2017: Commenced Lithium Hydroxide production in Rugao, Jiangsu, China 2021: Launched LIOVIX® brand for proprietary lithium metal product 2010 2018-2019: Held IPO on the NYSE and formed Livent in Oct-2018 In Mar-2019, Livent fully separated from FMC Livent 2020: Acquired 25% ownership interest in the Québec based Nemaska Lithium project; increased to 50% in 2022 2020 2020's: Lithium Carbonate and Lithium Hydroxide expansions LO 5#6Livent 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 6#7Canada¹ 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 7#8Livent Livent's Commercial Focus Electric Vehicles Battery Qualified Lithium Hydroxide and Lithium Carbonate Energy Storage E-Bikes Power Tools I Industry leading Lithium Hydroxide footprint inside and outside China; both manufacturing sites in the U.S. and China qualified by customers for energy storage applications Longer and more challenging qualification processes favor proven existing suppliers More than 20 years of production experience for energy storage and EV applications Partnerships with industry leaders across EV value chain, including in development of novel technologies enabling advances in cell performance Share of revenue in energy storage to continue increasing over time Non-Battery Lithium Hydroxide • High Performance Greases Focused on high value, high performance applications, where performance and consistency are critical Long-standing customer relationships measured in decades Butyllithium Pharma Electronic Polymers APIs Chemicals Capabilities to formulate products meeting specific customer requirements High Purity Lithium Metal Alloys Primary Batteries Niche, high value specialty applications, including U.S. military applications Partnerships with leading producers and OEMs including Tesla, BMW Group and General Motors 8#9Livent Government and Industry Support Driving EV Adoption... Global Government Support Support maintained or increased during pandemic Subsidies, tax incentives, grants and ICE vehicle bans across EU countries · . Zero-emission target for automakers by 2035; increased CO2 emission reduction target to 55% by 2030 E.C. Circular Economy Action Plan will require carbon footprint disclosure and thresholds on rechargeable batteries Target elimination of ICEs by 2035 with defined milestones for EV penetration by 2025 (20%) and 2030 (40%) MIIT raised NEV credit from 12% in 2020 to 14% in 2021, 16% in 2022, 18% in 2023 Target for EVS to comprise 50% of all new vehicles sales in 2030 $5bn over five years to build out the EV charging network, IRA strengthening domestic energy storage supply chain Policies will transition from subsidy to regulatory driven T Sources: Argus Media, Bloomberg NEF, Company websites, Press reports and Wall Street research. IRA = Inflation Reduction Act; ICE = Internal Combustion Engine. B M W GM Ford Commitments from Auto OEMs Commits to increase captive battery production and 100 GWh by 2022 and 3 TWh by 2030 to meet EV demand Offering of 25 electrified vehicles in 2023 and 33% of new European registrations electric by 2025 Build 22 million electric vehicles over the next decade, almost 50% more electric cars than it targeted previously Mercedes plans to offer an electric version of every model it sells and double BEV sales in 2022 30 new global electric vehicles by 2025 and having an all-electric line-up by 2035 Global investment of $22bn in electrification by 2025; 100% of passenger vehicles in Europe electric by 2030 Widespread adoption of EVs remains critical for governments and auto OEMs to meet CO₂ emission reduction targets 9#10...As The Global Consumer Pushes for Electrification Technology Improvement Increasing Attractiveness Infrastructure ¹ Livent Cost¹ Range² Global Cumulative EV Connectors (millions) 0.69 Average Battery $ 1,100 Pack Cost (US$/kWh) Driving Range (miles) 2015 Fast Growing Global Network of EV Chargers +745% 265 (1) Source: BloombergNEF. (2) Source: Company websites. -88% 5.83 2010 2020 Rapidly Decreasing Cost; ICE Parity Expected by 2023 2020 +52% $ 137 402 2012 Tesla Model S 2020 Tesla Model S Improved EV Mileage Reducing Range Anxiety Heightened Public Awareness Highly Publicized New Segment and Model Launches SUVS / Luxury Sedans Pickups Small / Mid-Sized Uber 100% of rides in EVs in US, Canadian & European cities by 2030 FedEx Delivery Trucks / Semis Corporate Sustainability Further Broadens Demand² Accelerating demand growth will result in EV sales surpassing ICEs within the next decade amazon 100k electric delivery vehicle order and partnership 10#11Livent Transition to EVs Supports Global Carbon Emission Reduction Initiatives Annual lb of CO₂ Equivalent Emissions per Vehicle 14,000 12,000 10,000 8,000 6,000 4,000 2,000 BEV Results in 64% Less CO₂ Emissions (on Operational Basis) Relative to Internal Combustion Engine Vehicles BEV PHEV Gasoline Decarbonizing the power sector will further improve CO₂ emission reduction benefits of EVs Source: U.S. Department of Energy 2019 annual estimates on operational vehicle emissions. BEV: Battery Electric Vehicle. PHEV: Plug-in Hybrid Electric Vehicle. HEV: Hybrid Electric Vehicle. HEV 11#12Livent Strong Projected Electric Vehicle Market Growth... Historical EV Sales and Projections ¹ 4% 3.2 47% CAGR 2020 Passenger and light commercial BEVS 24% (1) Source: EV Volumes (August 2022). (2) Total EV Sales as percentage of Total Passenger Vehicle Sales. 15% CAGR 22.4 2025 Penetration Rate² 44% 44.4 2030 Passenger and light commercial PHEVS ● . ● Commentary EV sales proving resilient, resulting in record penetration levels Near and longer-term EV sales estimates continue to increase BEV adoption expected to grow exponentially through 2030+ Drivetrain electrification for commercial vehicles and two and three-wheelers expected to accelerate Larger average battery pack size and higher share of BEVS versus PHEVS in sales mix to drive further lithium demand 12#13Livent ...with Increased Demand for Lithium Hydroxide Battery Technology Evolution (1) 100% 80% 60% 40% 20% 0% 2020 Next Generation Lithium Cathode Requirements ¹ 2022 Lithium Carbonate Source: Benchmark Mineral Intelligence (October 2022). 2024 2026 2028 Lithium Hydroxide 2030 . . ● Commentary Increasing share of high-nickel content cathodes, which require Lithium Hydroxide, supports higher demand growth High-nickel content chemistries, such as NMC 811 and NCA, provide higher energy density and improve EV performance As nickel content approaches 60%, the higher temperature required to synthesize cathode material with Lithium Carbonate damages the crystal structure of the cathode and changes the oxidation state of the nickel metal Lithium Hydroxide allows rapid and complete cathode material synthesis at lower temperatures, improving battery performance and life 13#14Livent Lithium Hydroxide Market Dynamics Battery-Grade Lithium Hydroxide Demand¹ 2,000 ('000 product metrics tons) (1) 1,600 1,200 800 400 0 46% CAGR 2020 15% CAGR Source: Wood Mackenzie (June 2022). 2025 2030 ● ● Supply Outlook Delays to expansion projects for new and established producers and continued supply chain-related challenges Increasing capital intensity of expansion projects Non-integrated convertors in China facing greater difficulty in securing available feedstock material to operate • Lithium Hydroxide qualification for high- nickel cathode applications becoming increasingly more complex Timeline for new producers can exceed 12 months for energy storage applications Fully integrated Lithium Hydroxide producers like Livent benefit from stability of supply and predictability of cost Livent well positioned to take advantage of rapid growth in Lithium Hydroxide demand 14#15Strategic Growth Priorities Develop Next Generation Lithium Compounds ● ● Livent ● Expand Production Capabilities Increase production volumes to meet customers' increasing volume requirements Expand low-cost global resources / operations and industry leading lithium processing capabilities Modular Lithium Hydroxide expansion to match timing and geography of customer demand needs ● • Pursue additional sources of lithium (brine or rock) • Develop new lithium compounds to enable advances in battery technology Develop new forms of high purity lithium metal, such as LIOVIX®, that can be applied to anode materials or used as anode to increase battery energy density ● ● Expand Application and Process Technology Test and pilot lithium extraction technologies to access new potential lithium sources and/or more efficient production Accelerate investment in or acquisition of new capabilities, human capital and new technologies ● ● Advance a Cleaner, Healthier and More Sustainable Future Sustainability is integrated across our operations and underpins our efforts to responsibly manage our environmental impact Expansion and R&D efforts focused on developing and supporting "green" technologies, processes and products 15#16● ● ● 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. 16#17Livent 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. 17