MP Materials Investor Conference Presentation Deck slide image

MP Materials Investor Conference Presentation Deck

YTD 2022 Cash Flow Bridge(¹) $121.0 13.6 $134.6 (7.4) 2.6 Net Cash Provided Offtake Paydown Adjusted Operating Working Capital Cash Interest and by Operating Activities Cash Flow (2) Taxes 1.2 Ore Stockpile Inventory 1.3 Transaction- Related, Start-Up & Other Non- Recurring Costs (3) 1. All figures in millions. May not recompute as presented due to rounding. 2. See "Use of Non-GAAP Financial Measures" for definition and further information. See next slide for a reconciliation to the most comparable metric prepared in accordance with U.S. GAAP. 3. Principally comprised of start-up costs that do not qualify for capitalization, which relate to the restart of our CHP plant as well as certain costs associated with our Stage III initiatives. Excludes items that were accrued but not yet paid. $132.3 Adjusted EBITDA 23
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