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Albemarle Announces New General Counsel, Corporate Secretary and Chief Compliance Officer

1. Ander Krupa promoted to executive vice president at Albemarle. 2. His experience enhances Albemarle's governance and compliance framework. 3. Krupa has over 15 years in manufacturing industry leadership.

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Why Bullish?

Krupa's promotion signals strong leadership, enhancing investor confidence. Historical precedent shows leadership changes can stabilize or improve stock performance.

How important is it?

Leadership promotions can significantly affect company direction and stakeholder confidence, directly impacting stock valuations.

Why Short Term?

Immediate boost in governance perception could impact stock price quickly, but long-term effects depend on performance.

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, /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, announced today that Ander Krupa has been promoted to executive vice president, general counsel, corporate secretary and chief compliance officer. "Ander's demonstrated leadership, broad legal expertise, and deep institutional knowledge positions him well to assume strategic oversight of Albemarle's legal, ethics, risk, and compliance functions," said Kent Masters, Albemarle's Chairman and CEO. "We are confident that his stewardship will further strengthen our governance framework and reinforce our unwavering commitment to integrity, accountability, ethics and compliance." Krupa joined Albemarle in May 2017 as vice president, deputy general counsel and assistant corporate secretary. He has also served in leadership roles supporting Albemarle's global business units, commercial activities, and mergers and acquisitions. He has more than 15 years of practice in the manufacturing industry and deep experience across Albemarle's businesses. Prior to Albemarle, Krupa served as assistant general counsel, governance and securities for BWX Technologies, Inc. and The Babcock & Wilcox Company. In addition to his corporate experience, he was an attorney with the international law firm of Greenberg Traurig LLP in the firm's corporate and securities practice group. Krupa received a bachelor's degree from the University of Georgia and earned his J.D. from Georgia State University College of Law. He is based in the company's Charlotte, N.C., headquarters and will report to Masters as part of Albemarle's executive leadership team. Krupa assumes the role following the passing in April of Albemarle's former general counsel, corporate secretary and chief compliance officer, Stacy Grant, at which time he was named as interim general counsel. About AlbemarleAlbemarle Corp. (NYSE: ALB) leads the world in transforming essential resources into critical ingredients for mobility, energy, connectivity and health. We partner to pioneer new ways to move, power, connect and protect with people and planet in mind. A reliable and high-quality global supply of lithium and bromine allows us to deliver advanced solutions for our customers. Learn more about how the people of Albemarle are enabling a more resilient world at Albemarle.com, LinkedIn and on X (formerly known as Twitter) @AlbemarleCorp. Albemarle regularly posts information to www.albemarle.com, including notification of events, news, financial performance, investor presentations and webcasts, non-GAAP reconciliations, U.S. Securities and Exchange Commission filings and other information regarding the company, its businesses and the markets it serves. Media Contact: Peter Smolowitz, +1 (980) 308-6310, [email protected]Investor Relations Contact: +1 (980) 299-5700, [email protected] SOURCE Albemarle Corporation WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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