Albemarle — Aug 5, 2026 release

2026 Outlook Considerations Total Corporate Outlook Considerations The table below reflects expected outcomes for the total company based on recently observed lithium market price scenarios. Outlook ranges for each scenario are based on variation in sales volume and product mix. Energy Storage production volumes are expected to increase year over year. Sales volumes are expected to be in the range of 225 to 235 kilotons lithium carbonate equivalent, as increased Wodgina volumes partially offset a delay in the Talison CGP3 ramp due to a fire that occurred on June 9. All three scenarios assume flat market pricing flowing through Energy Storage’s current contract book which includes approximately 40% of salts volume (or one-third of total volumes) on long-term agreements. Scenarios also assume that spodumene pricing averages 10% of the lithium carbonate equivalent (LCE) price, while other costs are assumed to be constant. Total Corporate FY 2026E Observed market price case (a) FY 2025 avg. Q1 2026 avg. 2021-2025 avg. Average lithium market price ($/kg LCE) (a) ~$10 ~$20 ~$30 Net sales $4.1 - $4.3 billion $5.7 - $6.0 billion $7.5 - $7.8 billion Adjusted EBITDA (b) $0.9 - $1.0 billion $2.4 - $2.6 billion $4.2 - $4.4 billion (a)    Price represents blend of relevant market pricing including spot and regional indices for the periods referenced. (b)    The Company does not provide a reconciliation of forward-looking non-GAAP financial measures to the most directly comparable financial measures calculated and reported in accordance with GAAP, as the company is unable to estimate significant non-recurring or unusual items without unre