Maintaining Strategy to Deliver Volumetric Growth

72% Pre-Tax Adj. EBITDA Margin Energy Storage Adjusted EBITDA Margin Bridge - 2022 vs 2023 forecast Talison JV Tax Impact 7% 65% -10% -20% ~5% ~5% -6% ~45% 2022 Adj. EBITDA Margin¹ Price Talison JV Spod Inventory Lag MARBL JV Acct'g 2 2 Other 2023 Adj. EBITDA Margin 2023 margins are expected to normalize primarily due to spodumene inventory lags 1 See appendix for non-GAAP reconciliations 2 Mineral Resources will enter a transitional tolling arrangement with Albemarle to convert Wodgina spodumene until 30 June 2024. Mineral Resources will transition to market its own share of Wodgina spodumene concentrate and lithium battery chemicals within two months of the completion date. -46% EBITDA Margin Pre-Tax Adj. AALBEMARLE 11

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