Albemarle Growth and Economic Outlook slide image

Albemarle Growth and Economic Outlook

Operational Discipline: Manufacturing Excellence & Capital Project Execution Dedicated Manufacturing Excellence program (higher volumes, lower cost, safer operation) with a focus on continuous improvement, maintenance, and reliability Allocating capital to highest return opportunities in sustainability and productivity - consistently achieving returns above 2x WACC target ■ Track record of delivering projects on time and within budget Track Record of Delivering Innovative Expansion 2022 Plant Expansion - Magnolia, AR On-time and on-budget expansion of the flagship fire safety solutions product line Delivered expanded rates and improved quality 2022 Brinefield Expansion - Magnolia, AR Adding new technology to ensure our brine quality is improved. Results in incremental capacity without adding new wells 2022 JBC NEBO Investment - Safi, Jordan Increases plant capacity: converts by-product HBr to a higher value-added product Delivers improved sustainability: 11% water and 6% energy reduction expected Expected to reduce production costs by >$2M in first year after completion AAlbemarle 33
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