This document provides an overview of Libbey Inc. for a March 2016 management meeting. It includes the following key points: 1) Libbey is a global leader in glass tableware, with #2 global market share and #1 position in the Americas. It has a leading foodservice business in the US and retail footprint in North America. 2) Libbey's strategy called "Own the Moment" focuses on new product development, improving customer focus, and simplifying business processes to drive organic growth and margin expansion. 3) Libbey has a strong financial position with predictable cash flows, moderate leverage, and a balanced approach to capital allocation including returning cash to shareholders.

1. March 2016

2. Management
1
Sherry Buck
Vice President, Chief Financial Officer
Bill Foley
Chairman and Chief Executive Officer
Kim Hunter
Treasurer and Vice President, Investor Relations

3. Material presented at this meeting includes forward-looking
statements about Libbey Inc. These statements are subject to
risks and uncertainties, including market conditions, competitive
pressures, the value of the U.S. dollar and significant cost
increases.
Please refer to the Company’s Form 10-K for
fiscal year-end December 31, 2015, filed on
February 29, 2016, for further information.
Cautionary statement
2

4. Agenda
3
• Company Overview
• Own the Moment Strategy
• Investment Highlights
• Recent Financial Performance
4 - 9
10 - 11
12 - 25
26 - 29

5. 1. Global tableware leader: #2 in the world, #1 in the Western Hemisphere
2. #1 U.S. Foodservice business drives significant recurring revenue and profitability
#1 North American retail position drives consumer recognition and capacity
utilization
3. Established global presence with significant growth potential
4. Cost structure optimization combined with manufacturing innovation provide
additional barriers to entry
5. Strong cash flow, liquidity and credit profile
6. Balanced approach to capital allocation
Investment highlights
4

6. Libbey at a glance
A global tableware leader selling manufactured and
sourced glass, ceramic and metal tableware.
#2 global position, #1 in the Americas!
5
Customers are the world’s largest foodservice
distributors and most recognized retail names
$822.3 million of net sales in 2015 sold to
Foodservice, Retail and B2B channels globally
Libbey sells more than 1,000,000,000 glasses
annually
Products central to life and to celebrate
important moments at home, in restaurants,
gift giving and on vacation
NYSE MKT: LBY

7. Libbey competes in four product categories
6
Category Products Manufacturing
Glass
Tableware
• Tumblers, stemware, mugs, bowls, floral, salt
shakers, shot glasses, canisters,
candleholders
In-house
Other
Glass
Products
• Bakeware, handmade tableware, blender
jars, mixing bowls, floral, candle, and
washing machine windows
In-house
Ceramic
Dinnerware
• Plates, bowls, platters, cups, saucers, and
other tableware accessories
Sourced
Metalware
• Knives, forks, spoons, serving utensils,
serving trays, pitchers, other metal tableware
accessories
Sourced

8. Libbey goes to market in three key channels
• Leading network of 500+ of the world’s finest distributors who sell to
restaurants, bars, hotels and travel and tourism venues
• #1 glass tableware supplier and #2 dinnerware and flatware supplier in the
U.S. and Canada
• 90% of sales are replacements driving predictable revenue stream;
beverages most profitable item for a restaurant
• Customers include marketers branding Libbey glassware with company
logos and reselling to breweries, distilleries, soft drink companies, craft
industries and food packing companies
• Companies using glass products for candle and floral applications, blender
jars, mixing bowls and washing machine glass
Foodservice
Retail
Business-to-
Business (B2B)
• Customers include leading mass merchants, department stores, up-scale
retailers, grocers and internet retailers
• North America’s #1 retail supplier of casual glass beverageware
• Strong brand recognition and an important driver of factory utilization
7
No single customer accounts for 10% or more of sales

9. Established industry-leading global footprint
8
West Chicago, IL
Toledo, OH
Shreveport, LA
Monterrey,
Mexico
Laredo, TX
Libbey Manufacturing and Warehousing / Distribution
Marinha Grande,
Portugal
Leerdam,
Netherlands Langfang,
China
Libbey Warehousing / Distribution
MillionTotal Sq. Ft.
Libbey Warehousing /
Distribution Centers7 8Libbey Manufacturing
Facilities6
Libbey Headquarters

10. Libbey is well positioned for a next phase of success
9
Recovery and
reinforcement
• Cost reduction and de-
leveraging
Substantial cost
containment measures
Leverage reduced to ~3x
2014 adjusted EBITDA
• Continued investment to
strengthen and build the
business
Added best-in-class
Mexican production for
North America markets
Entered China for long-
term opportunity
Acquisition leverage +
Great Recession = Stress
• Acquisition-focused
growth
Averaging +10%
annually from 2001 to
2008
• Great Recession
financial stress
Reached
unsustainably high 7x
adjusted EBITDA
Winning from position of
strength
• Libbey clearly positioned as
market leader with strong
profitability and cash flows
• Focus on creating sustainable
value for our shareholders
• Three strategic levers:
Grow and bolster U.S. and
Canada and Latin America
segments
Expand margins through
product innovation, price /
mix, operating efficiencies,
distribution expansion and
business simplification
Maintain disciplined capital
management and return free
cash flow to shareholders
2001 - 2006
2006 - 2014
2015 - 2020

11. 10
Grow & Bolster U.S. and
Canada, Latin America
• Grow around core in
Foodservice
• Win in key accounts in Retail &
B2B
• Strengthen/broaden new
product offerings
• Expand to adjacencies
• Redefine pricing/promotions
Maximize Returns in Asia
Pacific & EMEA
• Targeted investments to drive
value and differentiation
• Drive cost efficiency
• Expand presence where under-
served
• Build presence in growth
channels
Establish Foundation of
Excellence
• Supply Chain
• Talent & culture
• Commercial capabilities
• Information Technology
• Financial structure/capital
deployment

12. • Drive organic growth
• Develop differentiated product offerings leveraging
Develop enhanced market insight and innovation capabilities
Responsive to emerging trends
Utilize new technology and sourcing resources
• Improve margins
• Expand into adjacent categories
11
• Improve customer focus and responsiveness
Customer feedback and consistent engagement
Adapting operating practices to meet customer needs
• Remove non-value-added complexity
Streamline supply chain network and product portfolio
Improve product life-cycle management
Support continuous improvement and cost reduction
Match manufacturing platform to emerging trends and market
conditions
Own the Moment strategy: three key focus areas
New Product
Development
Customer
Focus
Business
Simplification

13. 1. Global tableware leader: #2 in the world, #1 in the Western Hemisphere
2. #1 U.S. Foodservice business drives significant recurring revenue and profitability
#1 North American retail position drives consumer recognition and capacity
utilization
3. Established global presence with significant growth potential
4. Cost structure optimization combined with manufacturing innovation provide
additional barriers to entry
5. Strong cash flow, liquidity and credit profile
6. Balanced approach to capital allocation
Investment highlights
12

14. 10% global market share(1)
Market leadership in U.S. and Mexico
• ~60% share of U.S. foodservice glass beverageware market (1)
• ~53% share of Mexican glass tableware market (1)
• #1 casual glass beverageware position in the U.S. retail channel (2)
• Significant supplier in B2B segment
Strong shelf position with major retailers:
Recognized for excellence by leading foodservice distributors:
#1 producer of casual glass beverageware in the
Western Hemisphere
(1)
(2)
Management estimate
NPD Group Retail Tracking Service
1
13

15. Strong brand portfolio
1
14
→ Extensive product line ranging from tumblers to fine stemware
→ Leading producer of glass tableware in Mexico and Latin America
→ Provides an expanded presence in Europe from tumblers to stemware
→ Among the world leaders in producing and selling glass stemware
→ “Class of glass”; high performance for every occasion
→ Fine Bavarian crystal; crystal glassware specialist
→ Broad selection of unique dinnerware, flatware, hollowware
→ Broad range of dinnerware with distinctive designs and durable qualities
→ One of the world’s leading providers of high-end porcelain for foodservice
→ One of world’s foremost marketers of fine tableware, including flatware,
stemware and dinnerware
Manufactured
Sourced

16. #1 U.S. & Canada Foodservice
• 90% of Foodservice glass sales are replacements and drive a predictable revenue
stream
• Strong distribution network and in-house salesforce are a competitive advantage
• Depth and breadth of product line maximizes addressable market and highlights
innovation capabilities
• High switching costs, as food service establishments rarely change after initial
investment
• Steady pace of innovation and critical profitability of beverageware creates lower
price sensitivity; 42 of 46 years with a price increase
• Sourced dinnerware and flatware provides additional growth opportunity at very
attractive ROIC
• Additional growth opportunities outside full service restaurants and bars
#1 in Western Hemisphere and
#1 in North America2
15

17. #1 North America Retail Position
• #1 Retail brands in U.S., Canada and Mexico(1)
• Ability to provide products across multiple price points leverages foodservice
and B2B costs and capabilities
• Important driver of factory utilization
• Enhances trend/product life and innovation platform
• Important for brand recognition and brand loyalty – can be leveraged further
• Exclusive distributor for Spiegelau glassware in retail channels in the U.S.
and Canada
2
16
#1 in Western Hemisphere and
#1 in North America
(1) - Casual glass beverageware category

18. Established global presence with significant
growth potential3
17
Grow and bolster U.S. and Canada, Latin America
• Grow around core foodservice business
• Expand in additional categories and market
segments in retail and B2B
• Strengthen and broaden product offerings
Maximize returns in Asia Pacific and EMEA
• Complements Americas’ leadership position
• EMEA: reconfigure the business through
targeted investments
• Asia Pacific: selective growth with managed
investment
Expand footprint in underserved and emerging
market segments
2015 Net Sales by Segment
2015 EBIT by Segment
U.S.
& Canada
75%
Latin
America
20%
EMEA
1%
Other
4%
U.S.
& Canada
61%
Other
4%
Latin
America
20%
EMEA
15%

19. 3 Libbey’s finest glassware:
“elevates the everyday into art”
A laser cut
rim ensures
a fine and
even edge
A pulled stem
creates a strong
and beautifully
seamless
transition between
bowl and stem
Reinforced flat foot
design provides
extra stability and
chip resistance
The exceptional
brightness and
clarity of the glass
enhances the
presentation of the
wine
Unique Libbey
ClearFire®
formula creates
brilliance &
strength
18
Retail Foodservice

20. Full line of stemware, tumblers and specialty
drinkware for retail and foodservice channels3
19
A reinvention of a classic shape
Subtle design
Harmony and balance
Gentle contours and thick sham
Modern luxury
Extraordinary angles
Free-flowing movement
Dramatic height

21. Be Social artisan bakeware
20
• Be Social Artisan Bakeware
designed for retail channel
• New Libbey-designed stoneware
using sourced manufacturing
Reactive-blue glaze literally
makes every piece unique
Four essential shapes
cover most baking needs
• Artisan stoneware that’s
dishwasher, oven and
microwave safe
Libbey makes oven to table beautiful
3

22. Executed multiple cost reduction initiatives as part of Libbey 2015
• Workforce optimization
• Productivity improvements
• Realignment of capacity
Own the Moment continues focus on operating efficiencies
• Reduce manufacturing complexity
• End-to-end supply chain management
• Optimize manufacturing output through improved sales and operations
planning
Innovation and world class manufacturing technologies create
competitive advantage
• R&D innovation/disruptive technology – Libbey Signature and Masters
Reserve fine glassware
• Leading proprietary furnace, manufacturing and mold technologies
• Leveraging external relationships and partnerships to gain further
advantage
Cost optimization combined with manufacturing
innovation provides additional barriers to entry4
21

23. Position of strength and business model drive
predictable revenue stream and cash flow
Note: (A) Operating cash flow adjusted for the supplemental pension contribution in 2012, call premiums on senior notes, and debt
issuance costs.
22
Historical Cumulative Adj
Operating Cash flow
2008 – 2015(A)
(MM)
$(1)
$105
$176
$233
$358
$432
$558
$624
2008 2009 2010 2011 2012 2013 2014 2015
5
$810
$749
$800 $817 $825 $819
$852
$822
$85 $90
$116 $113 $132 $135 $123 $116
2008 2009 2010 2011 2012 2013 2014 2015
Net Sales Adjusted EBITDA
10.5%
12.0%
14.5%
13.8%
16.0% 16.5%
14.5% 14.1%
Adjusted EBITDA Margin
Net Sales, Adjusted EBITDA and Margin
(MM)

24. 6.4
4.3
3.3 3.0 3.0 2.7 3.1 3.3
2008 2009 2010 2011 2012 2013 2014 2015
1.2 1.4
2.5 2.6
3.5
4.2
5.4
6.3
2008 2009 2010 2011 2012 2013 2014 2015
Flexible capital structure includes term loan and ABL
facilities
• $440MM senior secured term loan matures 2021
LIBOR plus 300 bps (currently 3.75%)
No financial covenants
$150MM accordion option
• $100MM ABL facility matures 2019
LIBOR plus 150-200 bps; maturity 2019
Significant deleveraging despite investments to
strengthen the business
• Fully funded supplemental U.S. pension in 2012 lowering
annual cash contributions
• $2.5MM estimated global cash contribution in 2016
approximately all to non-U.S. plans
Improved interest coverage
• Significant reduction in interest rates since 2011 due to
floating rate trend and debt agreement updates; annual
interest expense reduced ~50% ($20MM)
• $220MM of the Term Loan swapped to fixed reducing
floating rate exposure to ~50:50 mix, effective January 2016
Capital structure and leverage policy provide
financial flexibility
23
Adj. EBITDA / Interest Expense
Net Debt / Adj. EBITDA
5

25. • Strong cash generation and liquidity
$18.0MM free cash flow(1)
in 2015
$49.0MM cash on hand at 12/31/15
$91.0MM ABL availability at 12/31/15
• Seasonal working capital needs
Average $30-$35MM swing in quarter-end
working capital each year
• Capital expenditures on average about
equal to depreciation
~$30 million growth investment for new glass
manufacturing technology over 2014-2015
Flexibility to selectively review M&A
opportunities
• No significant long-term debt maturities
until Term Loan B in 2021
Significant liquidity resources and moderate near-
term funding obligations
24
$122
$136
$113
$142 $140
2011 2012 2013 2014 2015
Total of Cash and ABL Availability
(MM)
Cash ABL Availability
0
10
20
30
40
50
60
2011 2012 2013 2014 2015
Capital Expenditures, Depreciation & Amortization
Capital Expenditures Depreciation & Amortization
$Millions
5
(1)- Free cash flow defined as net cash provided by operating activities, minus capital expenditures, plus proceeds from asset sales and other.

26. Balanced approach to capital allocation6
25
Invest in
the
business
Maintain
financial
strength
and
flexibility
Return
capital to
investors
• Support/accelerate the organic growth of our business
• Selectively consider acquisitions
• New technologies and manufacturing capabilities
• Other strategic initiatives
• Target to return ~50% of free cash flow to shareholders for period
2015 – 2017
Over 50% distributed in 2015: $25MM
• Re-initiated common dividend at annual $0.44/share in 2015
5% dividend increase for 2016 to $0.46/share
• Share repurchase authorization increased to 1.5 million shares in
2015
Over 447k shares repurchased since December 2014 totaling
~$16MM
• Long-term target leverage ratio range of 2.5x – 3.0x net debt
to Adjusted EBITDA
• Ability to flex up or down
• Plan to reduce debt in 2016 to target range; made a $5MM
optional payment in Q1 2016

27. Delivered solid Q4 2015 in a challenging macroeconomic
environment
26
$231
$219
$31
$31
$-
$50
$100
$150
$200
$250
2014 2015
Q4 Net Sales
Q4 Adjusted EBITDA
13.3% 14.1%
0%
5%
10%
15%
20%
25%
Adjusted EBITDA Margin
Q4 Net Sales, Adjusted EBITDA and Margin
Millions
Q4 Highlights
• Strong foodservice growth of 5.8% (8.0%
constant currency) offset by weakness in
the retail and B2B channels
• 11 consecutive quarters of volume
growth in foodservice channel in
environment with traffic down 1-2% for
the year
• Adjusted EBITDA margin of 14.1% driven
by favorable price/mix, lower input costs
and SG&A.
• Currency impact of ~$10MM in revenue
and ~$2.5MM in Adjusted EBITDA
• Excluding impact of currency, Adjusted
EBITDA margin would be 15.3%
$229
$34
Currency Impact vs. PY

28. We expect a continued challenging macroeconomic and
competitive environment in 2016
27
2016 Outlook
• Net sales growth of ~1% on a reported basis
• Announced a 5% price increase on U.S. foodservice glass effective February 15, 2016
• SG&A in low 15% range
• EBITDA margins of ~14%
Headwinds
+ Sales growth
+ Production efficiencies
+ Natural gas
Tailwinds
- Rebuild variable compensation
- Other benefit costs
- Currency impacts

29. Long-term financial goals
28
Financial
Metric
Long-term Goal
Revenue growth $1B +
Adjusted EBITDA margins 17%
Net debt to adjusted EBITDA 2.5 to 3.0x
ROIC 12% to 14%
TSR Top quartile
We are committed to focused Own The Moment Strategy execution in the
face of macroeconomic and competitive headwinds

30. Market Firm Net Sales 2015A Rev. Split '16E Margin FV / EBITDA P / E Net Debt /
Company Cap Value 2016E 2017E N.A. Europe ROW EBITDA EBIT 2016E 2017E 2016E 2017E LTM EBITDA
Jarden Corporation $11,943 $17,392 $9,994 $10,449 64% -- 36% 15.3% 13.1% 11.4x 10.6x 17.2x 15.4x 4.4x
New ell Rubbermaid Inc. 10,557 13,532 5,991 6,196 77 10 13 17.8 14.7 12.7 11.8 17.5 16.0 3.3
Tupperw are Brands Corporation2,556 3,245 2,173 2,243 26 26 48 17.8 14.8 8.4 8.0 12.3 11.4 1.9
Helen of Troy Limited 2,713 3,239 1,575 1,625 84 13 4 14.7 11.8 14.0 13.4 15.5 14.7 2.2
Lifetime Brands, Inc. 168 239 609 627 79 14 8 -- -- -- -- 10.6 9.1 2.4
Mean $5,587 $7,529 $4,068 $4,228 66% 16% 22% 16.4% 13.6% 11.6x 11.0x 14.6x 13.3x 2.8x
Median 2,713 3,245 2,173 2,243 77 13 13 16.5 13.9 12.0 11.2 15.5 14.7 2.4
Libbey Inc. $363 $762 $829 $844 61% 15% 25% 14.1% 8.5% 6.5x 6.0x 11.1x 8.8x 3.3x
Trading at a significant discount to peers
29
Note: Forward metrics based on consensus Wall Street estimates (FactSet). Market data as of March 1, 2016. Balance sheet data as of Q4 2015.
(1) LTM EBITDA pro forma for ~$200mm of Jostens EBITDA.
(2) Newell Rubbermaid not pro forma for Jarden acquisition announced December 14, 2015.
(3) 2015A revenue split based on fiscal year ended February 28, 2015.
(1)
($ in millions)
(2)
(3)

31. Appendix
30

32. We have expanded globally and have a strong
portfolio of brands
31
Jun 2006: Obtains
remaining 51%
stake in Crisa,
expanding presence
to Monterrey,
Mexico
Jan 2005: Acquires
Crisal, a glassware
manufacturer based
in Portugal
1800s 1990
Jul 2013: Celebrates
125th Anniversary in
Toledo
2002 2006 20112008 20122000
Dec 2002: Acquires Royal
Leerdam, expanding
glassware operations to
Europe
May 2012:
Refinancing
amended $100MM
ABL facility
and issuance of
$450MM 6.875%
Senior Secured
Notes
Apr 2007: Opens
Langfang, China
facility
Aug 1997:
Acquires World
Tableware and
49% of Crisa
2014
Apr 2014:
Refinancing,
including amended
$100MM ABL
Facility and new
$440MM Term
Loan B senior
secured credit
facility
1818: Libbey
founded as New
England Glass
Company in East
Cambridge, MA
s
Jun 1993:
Libbey becomes
a public company
1892:
The company
changes its name
to The Libbey
Glass Company
Oct 1995:
Acquires
Syracuse China
Aug 2011: Bill
Foley becomes
Chairman of the
Board
2015
Jan 2015:
Announce Own the
Moment strategy.
Re-initiate dividend
and share
repurchases
Jan 2016:
Bill Foley
becomes CEO
and Chairman of
the Board
2016

33. NYSE MKT: LBY
Kimberly Hunter
Treasurer and VP, Investor Relations
419-325-2612
email: khunte@libbey.com
Alpha IR Group
Chris Hodges & Sam Gibbons
312-445-2870
email: LBY@alpha-ir.com
Additional Information
visit our website: www.libbey.com
32