Albemarle Growth and Economic Outlook

Definitions of Non-GAAP Measures NON-GAAP MEASURE Adjusted Net Income Adjusted Diluted EPS DESCRIPTION Net income attributable to Albemarle Corporation before non-recurring, other unusual and non-operating pension and OPEB. Diluted EPS before non-recurring, other unusual and non-operating pension and OPEB. EBITDA Adjusted EBITDA Adjusted Effective Income Tax Rate Net income attributable to Albemarle Corporation before interest and financing expenses, income taxes, and depreciation and amortization. EBITDA before non-recurring, other unusual and non-operating pension and OPEB. Reported effective income tax rate before the tax impact of non-recurring, other unusual and non-operating pension and OPEB items. AAlbemarle 37

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