Q4 2018 Earnings Presentation
Livent
Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements in this presentation are forward-
looking statements. In some cases, you can identify these statements by forward-looking words such as "may," "might," "will," "should,"
"expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue," the negative of these terms and other
comparable terminology. These forward-looking statements, which are subject to risks, uncertainties and assumptions about us, may
include projections of our future financial performance, our anticipated growth strategies and anticipated trends in our business. These
statements are only predictions based our current expectations and projections about future events. There are important factors that
could cause our 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; adverse global economic conditions; the success of our research and development efforts; volatility in the price for
performance lithium compounds; risks relating to our planned production expansion and related capital expenditures; the potential
development and adoption of battery technologies that do not rely on performance lithium compounds as an input; risks inherent in
international operations and sales, including political, financial and operational risks specific to Argentina and other countries where we
have active operations, including China; customer concentration and the possible loss of, or significant reduction in orders from, large
customers; failure to satisfy customer quality standards; fluctuations in the price of energy and certain raw materials; failure to achieve the
expected benefits of our separation from FMC as well as the other factors described under the caption entitled "Risk Factors" in our
prospectus dated October 10, 2018 filed with the Securities and Exchange Commission on October 12, 2018. Although we believe the
expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, level of activity, performance
or achievements. Moreover, neither we nor any other person assumes responsibility for the accuracy and completeness of any of these
forward-looking statements. We are under no duty to update any of these forward-looking statements after the date of this presentation to
conform our prior statements to actual results or revised expectations.
Non-GAAP Financial Terms
These slides contain certain non-GAAP financial terms. We have provided on our website at www.livent.com reconciliations of non-GAAP
terms to the most directly comparable GAAP term, including adjusted earnings per share, Adjusted EBITDA and adjusted cash from
operations.
Although we provide forecasts for adjusted earnings per share, Adjusted EBITDA and adjusted cash from operations, we are not able to
forecast the most directly comparable measures calculated and presented in accordance with GAAP. Certain elements of the
composition of the GAAP amounts are not predictable, making it impractical for us to forecast. Such elements include, but are not limited
to restructuring, transaction related charges and related cash activity. As a result, no GAAP outlook is provided.
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