Albemarle Strategic Growth Presentation

$M Committed to Maintaining Investment Grade Credit Rating¹ NET CASH FROM OPERATIONS ($M) LEVERAGE³ (x) CAPITAL EXPENDITURES ($M) $4,000 $3,000 $2,000 $1,000 $0 -$1,000 -$2,000 -$3,000 0.5x 1.2x-1.3x $1.3B As of Q3 2023: $1.9B - $2.1B $1.6B cash and cash equivalents $3.7B total debt (99% fixed rate) • 3.7% weighted average interest • 0.4x Net Debt to Adj. EBITDA4 Financial covenant of TTM net debt to EBITDA less than or equal to 3.5x Working capital typically averages -25% of net sales 2022A ■ D&A Net Income * Other 2023E 2022A 2023E 2022A 2023E Change in Working Capital Significant operating cash flow and financial flexibility to fund high-return growth investments 1 Estimates as of November 1, 2023 2 Includes settlement of prior legal matter 3 Leverage defined as consolidated net funded debt to consolidated EBITDA ratio; 2023E leverage assumes FY 2023E Adjusted EBITDA guidance of $3.2B to $3.4B 4 Bank covenant definition, see Appendix Albemarle 18

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