Investor Presentaiton

Upsized $2.0B Mandatory Convertible Preferred Offering on Strong Investor Demand Offering Details Securities Offering size (composition) Greenshoe Dividend Conversion premium Maturity Use of proceeds Mandatory Convertible Preferred Stock $2.0 billion (100% primary) 15% (100% primary) 7.25% 20.0% / $131.28 3 years (March 1, 2027) Growth capex; general corporate purposes (including de-levering in short term) Offering Rationale • • • Capital infusion allows Albemarle to complete strategic high-return growth projects, strengthen our competitive position, and ensure financial flexibility through the current cycle Albemarle is executing proactive measures designed to optimize our cost and capital structure given current dynamic end-market conditions – particularly for the lithium industry Near-term capital spending is focused on completing projects that are significantly progressed or in startup to deliver volumetric growth and cash flow generation Albemarle remains committed to maintaining our Investment Grade credit rating an important metric for the company, our investors, and our value-chain partners AAlbemarle 16

View entire presentation