INSTRUCTIONS TO REGISTERED HOLDER AND/OR
DEPOSITORY TRUST COMPANY PARTICIPANT
To Registered Holder and/or Participant of The Depository Trust Company:
The undersigned hereby acknowledges receipt of the prospectus, dated , 2020 (the “Prospectus”) of Albemarle Corporation, a Virginia corporation (“Albemarle”) and Albemarle Wodgina Pty Ltd, a proprietary limited company incorporated under the laws of Australia and a wholly owned subsidiary of Albemarle (“Wodgina” and together with Albemarle, the “issuers”) and the accompanying Letter of Transmittal, that together constitute the offers by Albemarle to exchange all of its issued and outstanding Floating Rate Notes due 2022 (the “2022 Restricted Notes”) for an equivalent principal amount of registered Floating Rate Notes due 2022 (the “2022 Exchange Notes”) and Wodgina to exchange all of its issued and outstanding 3.450% Senior Notes due 2029 (the “2029 Restricted Notes”) for an equivalent principal amount of registered 3.450% Senior Notes due 2029 (the “2029 Exchange Notes”), respectively, pursuant to a registration statement of which the Prospectus is a part, upon the terms and subject to the conditions set forth in the exchange offers. Certain terms used but not defined herein have the meanings ascribed to them in the Prospectus. Wodgina’s obligations under the 2029 Restricted Notes are fully and unconditionally on a senior unsecured basis (the “2029 Restricted Notes Guarantee”) by Albemarle, and the 2029 Exchange Notes will be fully and unconditionally guaranteed on a senior unsecured basis (the “2029 Exchange Notes Guarantee” and together with the 2029 Restricted Notes Guarantee, the “2029 Notes Guarantee”) by Albemarle. The 2022 Restricted Notes and the 2029 Restricted Notes are collectively referred to as the “Restricted Notes.” The 2022 Exchange Notes and the 2029 Exchange Notes are collectively referred to as the “Exchange Notes.” All references to the Exchange Notes and Restricted Notes include references to the related guarantees, as appropriate.
This will instruct you, the registered holder and/or participant of The Depository Trust Company, as to the action to be taken by you relating to the exchange offers with respect to the Restricted Notes held by you for the account of the undersigned.
The aggregate face amount of the Restricted Notes held by you for the account of the undersigned is (fill in amount):
$ of the Floating Rate Notes due 2022.
$ of the 3.450% Senior Notes due 2029.
With respect to the exchange offers, the undersigned hereby instructs you (check all applicable boxes):
| ☐ | To TENDER the following Restricted Notes held by you for the account of the undersigned (insert principal amount of Restricted Notes to be tendered (if any)): |
| ☐ | $ of the Floating Rate notes due 2022. |
| ☐ | $ of the 3.450% Senior Notes due 2029. |
| ☐ | NOT to TENDER any Restricted Notes held by you for the account of the undersigned. |
If the undersigned instructs you to tender the Restricted Notes held by you for the account of the undersigned, it is understood that you are authorized to make, on behalf of the undersigned (and the undersigned by its signature below, hereby makes to you), the representations and warranties contained in the Letter of Transmittal that are to be made with respect to the undersigned as a beneficial owner, including but not limited to the representations, that:
| • | | it is not an affiliate of Albemarle or Wodgina within the meaning of Rule 405 of the Securities Act or, if it is such an affiliate, it will comply with the registration and prospectus delivery requirements of the Securities Act, to the extent applicable; |
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