Albemarle (ALB) Investor presentation summary

Strategic positioning and business overview

• Operates as a global leader in transforming essential resources for mobility, energy, connectivity, and health, with a focus on sustainability and innovation.

• Maintains a diversified global footprint with over 25 production and R&D facilities across 70 countries and serves approximately 1,900 customers.

• Demonstrates durable competitive strengths through world-class assets, process chemistry expertise, and a customer-centric approach.

• Core values emphasize care, humility, curiosity, collaboration, accountability, and integrity.

Financial performance and operational execution

• FY 2025 net sales reached $5.1B, with 7% volume growth and adjusted EBITDA of $1.1B.

• Achieved $692M in free cash flow for FY 2025, driven by improved operating cash flow conversion and reduced capital expenditures.

• Delivered $450M in cost and productivity improvements, surpassing previous targets.

• SG&A and R&D costs reduced by 22% year-over-year, supporting margin stabilization in the low to mid-20% range.

• Maintains strong liquidity with $3.2B available and leverage well below covenant limits.

Segment performance and market trends

• Energy Storage segment saw FY 2025 sales volumes of 235kt LCE (+14% Y/Y) and net sales of $2.7B, with 26% adjusted EBITDA margin.

• Specialties segment reported FY 2025 net sales of $1.37B (+3% Y/Y) and a 20% adjusted EBITDA margin.

• Lithium demand growth forecasted at 10-20% CAGR through 2030, driven by EV and stationary storage markets.

• Global EV sales grew 21% in 2025, with China and Europe leading growth and EV penetration projected to rise significantly by 2030.

• Stationary storage demand increased over 80% in 2025, with further strong growth expected.