Wrought Al-Cu-Li alloys usually necessitate pre-stretching to improve their mechanical properties. A novel insight into enhancing the mechanical properties of a non-stretched Al-Cu-Li alloy has been proposed by optimizing the Ag/Mg ratios and investigating their impact on precipitation behavior. Four alloys having Ag/Mg ratio between 0.24–5.63 and a combined Ag + Mg content of 1.1 wt% were designed. The results indicated that the strengthening precipitates were mainly plate-like T1 and θ́ precipitates. With decreasing Ag/Mg ratios from 5.63 to 1.87, T1 phase fraction increased from 28 % to 39 %, and the corresponding θ́ phase fraction reduced from 72 % to 61 %. Comparatively, S' phases dominated the microstructure while impeding the formation of θ' and T1 precipitates at Ag/Mg ratio was 0.24. The alloy at Ag/Mg ratio of 0.95 had optimum mechanical properties owing to T1, Ś, and θ́ phases uniform dispersion within the matrix, among which T1 had the highest volume fraction (48 %).