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Investor Presentaiton

Catalysts Overview Y/Y Q2 Performance Drivers • Net sales up 42% (price³ 5%, volume 37%); adjusted EBITDA down 54% Q2 2022 Performance Q2 2022 Y/Y $210 +42% $213 +44% $10 -54% Adj. EBITDA ex FX1,4 $9 -59% 5% -960 bps Adj. EBITDA Margin ex FX1,4 4% -1,024 bps • Adjusted EBITDA declined as sales were offset by cost pressures including natural gas and raw materials FY 2022 Outlook (as of 8/3/2022) . Catalysts FY 2022 adj. EBITDA expected to be down 25-65% Y/Y, below previous outlook due to higher input costs, particularly for natural gas in Europe related to the war in Ukraine (in millions) Net Sales Net Sales ex FX1 Adj. EBITDA4 Adj. EBITDA Margin4 • Mitigating headwinds from higher costs with price increases and cost pass-throughs Drivers/Sensitivities • FCC (~50% of sales2): Primary drivers - miles driven/transportation fuel consumption • HPC (~ 30% of sales²): Primary drivers - environmental sulfur regulations and miles driven/transportation fuel consumption • PCS (~20% of sales²): Primary drivers - plastic and polyurethane demand Historical Trend (TTM) Adjusted EBITDA Adjusted EBITDA Margin $106M $107M $102M $98M $87M 14% 14% 13% 13% 11% 2Q21 3Q21 4Q21 1Q22 2Q22 39 MAKING THE WORLD SAFE AND SUSTAINABLE Note: Numbers may not reconcile due to rounding. 1 Net of FX impacts. 2 Sales based on historical average. ³ Includes FX impact. 4 See appendix for non-GAAP reconciliations. 3 ALBEMARLE
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