Maintaining Strategy to Deliver Volumetric Growth

EBITDA and Adjusted EBITDA Three Months Ended June 30, Year Ended December 31, 2023 2022 2022 ($ in thousands) Net income attributable to Albemarle Corporation $ % of net sales % of net $ 650,043 27.4 % $ $ 406,773 sales $ % of net sales 27.5 % $ 2,689,816 36.7 % Add back: Interest and financing expenses 25,577 1.1 % 41,409 2.8 % 122,973 1.7 % Income tax expense 42,987 1.8 % 89,018 6.0 % 390,588 5.3 % Depreciation and amortization 93,085 3.9 % 70,993 4.8 % 300,841 4.1 % EBITDA 811,692 34.2 % 608,193 41.1 % 3,504,218 47.9 % Non-operating pension and OPEB items 612 % (5,038) (0.3)% (57,032) Non-recurring and other unusual items 219,962 Adjusted EBITDA Net sales EBITDA margin Adjusted EBITDA margin $ 1,032,266 9.3 % 43.6 % $ 7,054 610,209 0.5 % 41.2 % $ 28,671 3,475,857 (0.8)% 0.4 % 47.5 % $ 2,370,190 $ 1,479,593 $ 7,320,104 34.2 % 43.6 % 41.1 % 41.2 % 47.9 % 47.5 % See above for a reconciliation of EBITDA, adjusted EBITDA and the non-GAAP financial measures, to Net income attributable to Albemarle Corporation, the most directly comparable financial measure calculated and reported in accordance with GAAP. AALBEMARLE 22 22

View entire presentation