Albemarle Investor Presentation

Updated Contract Pricing Reflects Changes in Market Price Energy Storage Net Sales1 Spot Purchase order-based price negotiations, heavily influenced by index Variable Index-referenced, variable- priced (typically 3-month lag, some with floors and ceilings, specifics vary by contract) (by Contract Type) -10% ~90% Leverage to Continued Strong Market Prices Majority of volumes sold under long-term contracts (typically 2-5 years duration) with strategic customers Partnerships across the value chain including major cathode, battery, and OEM customers Moving to predominantly index-referenced and variable pricing; moving floors higher - negotiations continue to progress for 2023 onward Assuming a +$10/kg change in full-year 2023 market indices equates to a +$5-7/kg change in Albemarle's average full-year 2023 realized pricing2 Updated net sales split reflects updated market pricing; no change to contracts 2023E 1 As of mid-April 2023; excludes technical grade spodumene and by-product net sales 2 Assumes prevailing market pricing and Albemarle contract book as of mid-April 2023 ALBEMARLE 28 28

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