November 2015

Management

1

Sherry BuckVice President, Chief Financial Officer

Stephanie StreeterChief Executive Officer

Material presented at this meeting includes forward-lookingstatements about Libbey Inc. These statements are subject torisks 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 forfiscal year-end December 31, 2014, filed onMarch 13, 2015, for further information.

Cautionary statement

2

Agenda

3

• Investment Highlights

• Company Overview

• Own the Moment Strategy

• Financial Performance

4

5 - 10

11 - 30

31 - 32

1. Second largest tableware manufacturer 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, utilization and

incremental profitability

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

Libbey at a glance

Employs approximately 6,500 associates across the globe

Libbey sells more than 1,000,000,000 glasses annually

Second largest glass tableware manufacturer in the world! # 1 in the Americas

In 2014, Libbey’s net sales totaled $852.5 million. Sells into 3 channels: FS, Retail and B2B

5

Our customers represent the world’s largest foodservice distributors and the world’s most recognized retail brands

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

~90% of

sales

~10% of

sales

Libbey has a broad customer base spanning three key channels

• A network of over 500 of the world’s finest distributors who ultimately sell to hotels, restaurants, bars, etc.

• #1 supplier of glass tableware, #2 supplier of dinnerware/flatware in the U.S. and Canada

• Offered entire tabletop since 1997

• 90% of sales are replacements, driving predictable revenue stream

• Beverages are the most profitable sales item for a restaurant

• Customers include marketers who brand Libbey glassware with company logos and resell to breweries, distilleries, soft drink companies, craft industries and food packing companies

• Products include candle and floral applications, blender jars, mixing bowls, and washing machine glass

• Profitable channel. Volume provides factory utilization

Foodservice RetailBusiness-to-Business

(B2B)

• Primary customers include leading mass merchants as well as specialty, grocery, value-oriented and e-tail stores

• The leading supplier of casual glass beverageware in North America

• Strong brand recognition

• Important driver of factory utilization

7

No single customer accounts for 10% or more of sales

Industry-leading and customer logistics-friendly footprint

8

West Chicago, IL

Toledo,OH

Shreveport, LA

Monterrey, Mexico

Laredo, TX

Libbey Manufacturing & Warehousing / Distribution

Marinha Grande, Portugal

Leerdam, Netherlands Langfang,

China

Libbey Warehousing / Distribution

Million Total Sq. Ft.Libbey Warehousing / Distribution Centers7 8Libbey Manufacturing

Facilities6

Libbey is a company with a rich history …

9

Aug 2011: Stephanie Streeter

becomes CEO

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

sJun 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

…Libbey is entering a new phase of its development

10

Recovery and reinforcement

• Focus on cost reduction and de-leveraging

� Took substantial cost containment measures

� Reduced leverage to ~3x 2014 adjusted EBITDA

• Continued strengthening and building business (by reinvesting 2/3 of cash flow)� Mexican production

best-in-class for US market

� Entered China for long-term opportunities

Ambitious growth coupled with great

recession led to crisis

• Acquisition-focused growth (on average +10% annually from 2001 to 2008)

• Substantial increases in leverage (up to unsustainably high levels of 7x adjusted EBITDA)

Winning from position of strength

• Libbey clearly positioned as market leader with strong profitability and cash flows

• Focus on creating strong and sustainable value for our shareholders. Three strategic levers:

� Grow and bolster Americas segment

� Margin expansion through price / mix and operating efficiencies

� Disciplined capital management and return cash to shareholders

2001 - 2009

2009 - 2014

2015 - 2020

Committed to aligning our business and financial levers to drive strong, sustainable Total Shareholder Return

11

1

2

3

Objective:

Deliver sustained top-

quartile TSR for Libbey’s

shareholders

Leverage positions of strengthto drive above market growth and expand margins

Make strategic and opportunistic investments to bolster core positions

Commit to disciplined capital management and significant capital return to investors

Business Strategy

Financial Strategy

1212

Grow & Bolster Americas• Grow around core in

Foodservice• Win in key accounts in Retail

& B2B• Strengthen/broaden 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

Long-term financial goals established

13

Financial Metric Goal 2018 E

Revenue growth 4% to 6% $1B +

Adjusted EBITDA margins 15% to 18% 17% to 18%

Net debt to adjusted EBITDA 2.5 to 3.0 X 2.5 to 3.0 X

ROIC Maintain 11% to 13% 12% to 14%

TSR Top quartile Top quartile

Despite recent industry choppiness, we remain committed to Own The Moment Strategy

Strategy focused on TSR levers

Sales Growth

Free Cash Flow Generation

TSR

Valuation Multiple

TSR drivers

• Segment and geographic expansion• Adjacent categories• New products and innovation• Price and promotional structures

• Working capital optimization• Capital expenditure discipline• Return capital to shareholders

Management levers

MarginExpansion

14

• Volume leverage• Reduce total delivered cost• Supply chain efficiencies• Reduce complexity

1. Second largest tableware manufacturer 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, utilization and

incremental profitability

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

15

10% global market share(1)

Market leadership in U.S. and Mexico

• ~58% 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)

Leading position as producer of casual glass beverageware in the EU

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 estimateNPD Group Retail Tracking Service

1

16

Strong brand portfolio1

17

→ 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

90% of 2014 Sales

10% of 2014 Sales

Manufactured

Sourced

#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; 41 of 45 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

18

#1 North America Retail Position

• #1 Retail brand by wide margin in U.S., Canada and Mexico

• 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

19

#1 in Western Hemisphere and #1 in North America

20

Creating brand awareness and relevance:Libbey on social media

2

Follow us:

Established global presence with significant growth potential3

Americas69%

Other 4%US Sourcing

10%

EMEA17%

2014 Sales by Segment

2014 Adj. EBITDA by Segment

Americas79%

EMEA10%

US Sourcing 5%

Other 6%

21

Grow and bolster Americas

• 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

Libbey’s Perfect Collection™: the perfect glass for celebrating…everything3

22

The perfect drink…the perfect group of friends…the perfect moment.Shapes designed to enhance the flavor and experience.

• The right glass for the right occasion• Captures current trends• Packaging entices and educates

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 LibbeyClearFire®

formula creates brilliance & strength

3

23

Retail Foodservice

Full line of stemware, tumblers and specialty drinkware for retail and foodservice channels3

24

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

Introducing: the new Chemistry Bar for foodservice and retail

25

3“Offers inventive ways to create new drinks that command attention”

Mixologists formulate recipes for new cocktails

Trendy mixologist meets science geek

Additions of Schönwald and Reed & Barton combine with Spiegelau and Nachtmann to create the Artistry Collection™

26

3

“A complete premium tabletop offering in food service enabling greater

access to high end restaurants and travel and tourism venues”

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 – Perfect Signature and Masters Reserve fine glassware

• Over 150 new glassware shapes and over 350 new flatware/tableware items in 2014 alone

• 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

27

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.

28

Net Sales($ MM)

Historical Cumulative Adj Operating Cash flow

2008 – 2014(A)

($ MM)

810

749

800

817 825

819

852

2008 2009 2010 2011 2012 2013 2014 (1)

105

176

233

358

432

558

2008 2009 2010 2011 2012 2013 2014

5

6.4

4.3

3.3 3.0 3.0 2.73.1

2008 2009 2010 2011 2012 2013 2014

1.2 1.4

2.5 2.6

3.5 4.2

5.4

2008 2009 2010 2011 2012 2013 2014

Significant deleveraging despite investments to strengthen the business

• Fully funded supplemental U.S. pension in 2012 lowered annual cash contributions ~$15MM

• Capex investments similar to D&A on average; now able to invest in growth technology for future success

Meaningful liquidity

• $83.7MM available under ABL at 9/30/15

• $30.1MM cash on balance sheet at 9/30/15

Significant reduction in interest rates since 2011

• Annual interest expense reduced ~ 50% ($20MM)

Capital structure

• Senior secured credit facility $440MM; maturity 2021

� LIBOR plus 300 bps (currently 3.75%)

� No financial covenants

� $150MM accordion option

• $100MM ABL credit facility

� LIBOR plus 150-200 bps; maturity 2019

Capital structure and liquidity remains strong5

29

Adj. EBITDA / Interest Expense

Net Debt / Adj. EBITDA

Balanced approach to capital allocation6

30

Invest in the

business

Maintain financial strength

and flexibility

Return capital to investors

• Support/accelerate organic growth

• New technologies & manufacturing capabilities

• Acquisitions aligned with strategy

• Other strategic initiatives

• Re-initiated quarterly dividend

� $0.11 per share, highest in company history

� 1.5% yield on day of initiation

• Share repurchases through 10b5-1

� Authorization increased to 1.5M shares in January 2015

� Repurchased over 447K shares as of September 30, 2015� Expect to return ~50% of free cash flow to shareholders

over next three years

• Strong & flexible balance sheet

• Long-term net debt to Adjusted EBITDA target of 2.5x –3.0x, with ability to flex up or down

$216.0

$201.8

$214.4

$-

$50

$100

$150

$200

$250

3rd Quarter 2014 3rd Quarter 2015

Mil

lio

ns

Net Sales

As reported Currency impact vs PY

Q3 YoY comparison: preserved adjusted EBITDA margins in a challenging environment

31

Q3 Highlights:

• Foodservice channel remains

strong with 8.4% constant

currency growth

• Adjusted EBITDA margin driven

by favorable price / mix and

lower input costs

$31.7

$30.9

$35.1

$-

$5

$10

$15

$20

$25

$30

$35

$40

3rd Quarter 2014 3rd Quarter 2015

Mil

lio

ns

Adjusted EBITDA

As reported Currency impact vs PY

14.7%

15.3%

17.4%

0%

5%

10%

15%

20%

3rd Quarter 2014 3rd Quarter 2015

Adjusted EBITDA Margin

As Reported Currency impact vs PY

$621.1

$603.1

$637.9

$-

$100

$200

$300

$400

$500

$600

$700

Nine Months Ended 2014 Nine Months Ended 2015

Mil

lio

ns

Net Sales

As reported Currency impact vs PY

September YTD YoY comparison: net sales growth of 2.7% adjusted for currency

32

2.7% Constant Currency Growth

Full Year Outlook:

• Net sales growth of approximately

1% on a constant currency basis

• Adjusted EBITDA margins of

approximately 14.0%

$92.7

$85.1

$95.1

$-

$20

$40

$60

$80

$100

Nine Months Ended 2014 Nine Months Ended 2015

Mil

lio

ns

Adjusted EBITDA

As reported Currency impact vs PY

14.9%

14.1%

15.8%

0%

5%

10%

15%

20%

Nine Months Ended 2014 Nine Months Ended 2015

Adjusted EBITDA Margin

As Reported Currency impact vs PY

Libbey fundamentals remain strong despite currency headwinds and lower traffic

33

WHAT’S WORKING IMPROVEMENT AREAS

• Growing share in important foodservice

channel: +8.2% year to date constant currency

• Sourcing business achieved 15 consecutive

quarters of growth

• Preserved margins in challenging Q3 market

environment: price mix and lower input costs

• Positive response from customers on new

products

• Strong liquidity: $114 MM availability (cash +

ABL)

• Returning greater than 50% FCF to shareholders

• Overcome shortfalls in selected retail channel

accounts

• Improve production efficiencies to further

protect and expand margin

• Reduce inventory with focus on sell-through,

product transitions and downtime

• Manage volume / margin trade-off in a more

competitive environment

Libbey: creating shareholder value now and in the future

34

• Leading market positions and strong brand portfolio

• Superior production footprint and execution capabilities

• Strategies in place to drive growth

• Strong cash flow, liquidity and credit profile

• Balanced capital allocation: flexibility to invest in the business and return capital to shareholders

Libbey TSR: achieving top quartile performance

Libbey S&P 1500 Peer*

1-Year 24% -2% 9%

3-Year 27% 10% 15%

5-Year 20% 11% 13%

*Peers include: Anhui Deli, Ball Corporation, Blyth, Inc., Carlisle Companies, Fujan Guanfu MHW, Helen of Troy, Ishizuka

Glass, Jarden, Lancaster Colony, Lifetime Brands, Mastrad, Nadir Figueiredo, Newell Rubbermaid, Ocean Glass, Owens-

Illinois, Sisecam, Srithai Superware, Tupperware, Villeroy & Boch, Vitro, and Zhejiang Supor

Note: Data calculated as of September 30, 2015.

Market Firm Net Sales 2014A Rev. Split '15E Margin FV / EBITDA P / E Net Debt /

Company Cap Value 2014A 2015E N.A. Europe ROW EBITDA EBIT 2015E 2016E 2015E 2016E LTM EBITDA

Newell Rubbermaid Inc. $11,850 $14,463 $5,727 $5,914 74% 12% 14% 17.3% 14.4% 14.1x 13.0x 20.3x 18.4x 2.8x

Jarden Corporation 10,643 15,855 8,285 8,670 61 -- 39 14.4 11.9 12.7 10.2 17.7 15.2 3.9

Tupperware Brands Corporation 2,922 3,718 2,606 2,307 25 28 47 17.4 15.0 9.3 8.8 13.1 12.4 2.0

Helen of Troy Limited 2,906 3,458 1,402 1,516 84 13 4 14.6 11.4 15.6 14.7 18.1 16.8 2.0

Lifetime Brands, Inc. 198 327 586 598 74 -- 26 -- -- -- -- 14.5 10.2 4.2

Mean $5,704 $7,564 $3,721 $3,801 64% 17% 26% 15.9% 13.2% 12.9x 11.7x 16.7x 14.6x 3.0x

Median 2,922 3,718 2,606 2,307 74 13 26 16.0 13.2 13.4 11.6 17.7 15.2 2.8

Libbey Inc. $566 $1,005 $852 $818 79% 17% 4% 13.9% 8.7% 8.8x 8.0x 11.9x 12.4x 3.6x

Libbey still trading at a discount to peers

35

Note: Forward metrics based on consensus Wall Street estimates (FactSet). Market data as of November 6, 2015. Balance sheet data as of Q3 2015.(1) Incorporates 10mm shares of common stock issued as a part of Jarden’s October 15, 2015 public offering to fund a portion of the Jostens acquisition announced October 14, 2015.(2) Includes $500mm of debt raised in October 2015 to fund a portion of the Jostens acquisition.(3) LTM EBITDA pro forma for ~$200mm of Jostens EBITDA.

(1)(2) (2)(3)

($ in millions)

Additional InformationNYSE MKT: LBY

Alpha IR Group

Chris Hodges & Sam Gibbons

312-445-2870

email: LBY@alpha-ir.com

visit our website: www.libbey.com

36