#1Third Quarter 2023 Earnings Call Investor Presentation November 13, 2023 CH Li-Cycle ARC 1PACI Li-Cycle blk 3 CHARGING KENCI#2Disclaimer FORWARD LOOKING STATEMENTS AND UNAUDITED RESULTS Certain statements contained in this presentation may be considered "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the U.S. Securities Act of 1933, as amended, Section 21 of the U.S. Securities Exchange Act of 1934, as amended, and applicable Canadian securities laws. Forward-looking statements may generally be identified by the use of words such as "believe", "may", "will", "continue", "anticipate", "intend", "expect", "should", "would", "could", "plan", "potential", "future", "target" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters, although not all forward-looking statements contain such identifying words. Forward-looking statements in this presentation include but are not limited to statements about: TAM estimates; expected completion of a definitive feasibility study with Glencore, and the possible joint development and commissioning of a Hub facility in Portovesme, Italy, including expected timing for the achievement of various milestones and expected processing capacity; work with the DOE on the $375 million loan commitment; liquidity management; expectations regarding the Rochester Hub, including opportunities to phase key and end product production and revised project costs in the range of approximately $850 million to $1 billion, including buildings; opportunities to optimize construction and contracting strategy; strategic financing opportunities; growing industry driven by electrification megatrends and regulatory tailwinds; favourable trending of battery materials feedstock; and Li-Cycle's ability to enable circular loop through integrated business model. These statements are based on various assumptions, whether or not identified in this communication, including but not limited to assumptions regarding the timing, scope and cost of Li-Cycle's projects; the processing capacity and production of Li-Cycle's facilities; Li-Cycle's ability to source feedstock and manage supply chain risk; Li-Cycle's ability to increase recycling capacity and efficiency; Li-Cycle's ability to obtain financing on acceptable terms or execute any strategic transactions; Li-Cycle's ability to retain and hire key personnel and maintain relationships with customers, suppliers and other business partners; the success of the Cash Preservation Plan, the outcome of the review of the go- forward strategy of the Rochester Hub, Li-Cycle's ability to attract new suppliers or expand its supply pipeline from existing suppliers; general economic conditions; currency exchange and interest rates; compensation costs; and inflation.. There can be no assurance that such assumptions will prove to be correct and, as a result, actual results or events may differ materially from expectations expressed in or implied by the forward-looking statements. Forward- looking statements involve inherent risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Li-Cycle, and which may cause actual results to differ materially from the forward-looking information. Li-Cycle believes that these risks and uncertainties are related (but not limited) to the following: Li-Cycle's inability to economically and efficiently source, recover and recycle lithium-ion batteries and lithium-ion battery manufacturing scrap, as well as third party black mass, and to meet the market demand for an environmentally sound, closed-loop solution for manufacturing waste and end-of-life lithium-ion batteries; Li-Cycle's inability to successfully implement its global growth strategy, on a timely basis or at all; Li-Cycle's inability to manage future global growth effectively; Li-Cycle's inability to develop the Rochester Hub, and other future projects including its Spoke network expansion projects in a timely manner or on budget or that those projects will not meet expectations with respect to their productivity or the specifications of their end products; Li-Cycle's failure to materially increase recycling capacity and efficiency; Li-Cycle may engage in strategic transactions, including acquisitions, that could disrupt its business, cause dilution to its shareholders, reduce its financial resources, result in incurrence of debt, or prove not to be successful; one or more of Li-Cycle's current or future facilities becoming inoperative, capacity constrained or disrupted; additional funds required to meet Li-Cycle's liquidity needs and capital requirements in the future not being available to Li-Cycle on acceptable terms or at all when it needs them; risk and uncertainties related to Li-Cycle's ability to continue as a going concern; uncertainty related to the success of the Cash Preservation Plan and related workforce reductions; Li-Cycle expects to continue to incur significant expenses and may not achieve or sustain profitability; problems with the handling of lithium-ion battery cells that result in less usage of lithium-ion batteries or affect Li-Cycle's operations; Li-Cycle's inability to maintain and increase feedstock supply commitments as well as secure new customers and off-take agreements; a decline in the adoption rate of EVs, or a decline in the support by governments for "green" energy technologies; decreases in benchmark prices for the metals contained in Li-Cycle's products; changes in the volume or composition of feedstock materials processed at Li-Cycle's facilities; the development of an alternative chemical make-up of lithium-ion batteries or battery alternatives; Li-Cycle's revenues for the Rochester Hub are derived significantly from a single customer; Li-Cycle's insurance may not cover all liabilities and damages; Li-Cycle's heavy reliance on the experience and expertise of its management; Li-Cycle's reliance on third-party consultants for its regulatory compliance; Li-Cycle's inability to complete its recycling processes as quickly as customers may require; Li-Cycle's inability to compete successfully; increases in income tax rates, changes in income tax laws or disagreements with tax authorities; significant variance in Li-Cycle's operating and financial results from period to period due to fluctuations in its operating costs and other factors; fluctuations in foreign currency exchange rates which could result in declines in reported sales and net earnings; unfavourable economic conditions, such as consequences of the global COVID-19 pandemic; natural disasters, unusually adverse weather, epidemic or pandemic outbreaks, cyber incidents, boycotts and geo-political events; failure to protect or enforce Li-Cycle's intellectual property; Li-Cycle may be subject to intellectual property rights claims by third parties; Li-Cycle's failure to effectively remediate the material weaknesses in its internal control over financial reporting that it has identified or its failure to develop and maintain a proper and effective internal control over financial reporting; the potential for our directors and officers who hold Company common shares to have interests that may differ from the interests of other shareholders; risks related to adoption of the Shareholder Rights Plan and the volatility of the price of Li-Cycle's common shares. These and other risks and uncertainties related to Li-Cycle's business and the assumptions on which the forward-looking information is based are described in greater detail in the sections entitled "Risk Factors" in its Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission and the Ontario Securities Commission in Canada. Li-Cycle assumes no obligation to update or revise any forward-looking statements, except as required by applicable laws. These forward-looking statements should not be relied upon as representing Li-Cycle's assessments as of any date subsequent to the date of this presentation. ⚫ The financial results presented in this presentation are unaudited. Our actual results for the period ended September 30, 2023, may differ materially from the unaudited results disclosed herein and are not necessarily indicative of the results to be expected for any future period. Li-Cycle reports its financial results in accordance with the International Financial Reporting Standards ("IFRS"). The Company makes references to certain non-IFRS measures, including adjusted EBITDA. These measures are not recognized measures under IFRS, do not have a standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. Rather, these measures are provided as additional information to complement those IFRS measures by providing a further understanding of the Company's results of operations from management's perspective. Accordingly, it should not be considered in isolation nor as a substitute for the analysis of the Company's financial information reported under IFRS. Reconciliations of the non-IFRS measures included in this presentation to Li-Cycle's financial results as determined in accordance with IFRS are included in the Appendix. On December 21, 2022, Li-Cycle's Board of Directors approved a change in the Company's fiscal year end from October 31 to December 31. Li-Cycle's next financial year will cover the period from January 1, 2023, to December 31, 2023. As a result, references in this presentation to "FY 2023" refers to the period from January 1, 2023, to December 31, 2023. Ⓡ Li-Cycle 2#3Third Quarter 2023: Agenda Rochester Hub Construction Pause Spoke & Hub Portfolio Review Liquidity Management Li-Cycle 3#4The What and Why: Key Drivers of Decision to Pause Financings Milestones (1) Rochester Hub Koch Investment $100M DOE Application LG Investment $50M Sept - Dec 2021 Rochester Hub Project Approval Glencore Investment $200M - Jan Dec 2022 DOE Conditional Loan Commitment for gross proceeds of up to $375M Gained Critical Environmental Permit Rochester Hub CAPEX to date of $178M (1) Excludes the spend of $92.2M on process buildings and warehouse; Escalation of Construction Costs Recent increase in construction activity, identified trends indicating significant increase in construction installation costs Reflecting these costs resulted in forecast of project cost substantially higher than previously disclosed budget of $560M + Initial Anticipated Closing of DOE Loan Jan - Oct 2023 Largely Completed Engineering and Procurement Rochester Hub CAPEX to date of $227M Financing Project Milestones Delays Previous Revised Anticipated Closing of DOE Loan Anticipated Closing of the Buildings Financing Transaction Rochester Hub CAPEX to date of $301M Original Target to Commence Commissioning Delayed Financings DOE: Li-Cycle delayed from initial anticipated closing; reached final stage for loan commitment for gross proceeds of up to $375 million Engaging the DOE on the comprehensive project review to close the loan agreement Buildings leasing arrangements caused complexity in closing DOE loan; building leasing arrangement no longer pursued Note: DOE refers to the Department of Energy; NYSDEC refers to the New York State Department of Environmental Conservation; LPO refers to the DOE Loan Programs Office; Rochester Hub capex to date figures are as of the relevant reported quarter and are unaudited Li-Cycle 4#5Li-Cycle's Spoke & Hub Network in North America and Europe GWh Demand centers (6) Germany France 231 GWh (1) Ontario Norway Portfolio: as of October 23, 2023 Spokes - Pre-Processing/Recycling of Battery Materials Gen-3 Spoke (operational) Arizona Alabama Germany Gen-2 Spoke (operational) 119 GWh (4) New York New York 728 GWh (5) Gen-1 Spoke (paused) Ontario Gen-3 Spoke (under review) France Norway Hungary 230 GWh (2) 441 GWh (3) Rochester Hub Portovesme Hub Arizona Alabama Hubs - Post-Processing/Refining for Battery-Grade Materials Rochester Hub (paused construction) Portovesme Hub (in development/DFS study)(7) (1) Includes New York, Michigan, Ohio, Ontario, and Quebec; (2) Includes Arizona, California, Texas, and Nevada; (3) Includes Alabama, Kentucky, North Carolina, South Carolina, Florida, Georgia, and Tennessee; (4) Includes Norway and Sweden; (5) Includes Germany, France, Hungary and UK; (6) Data as of 2030 from BMI, Li-Cycle estimates and publicly announced nameplate capacities for gigafactories announced (as of September 2023); TAM estimates include a 30% scrap rate during ramp- up of a gigafactory followed by an average scrap rate of 10% thereafter; (7) Portovesme Hub to commence construction upon completing DFS and subject to Final Investment Decision Ⓡ Li-Cycle 5#6Key Considerations in Comprehensive Review of the Rochester Hub Project Rochester Hub Review Phasing Approach Opportunities to phase key end-product production (Existing Approach and Phased Approach) Construction Strategy Opportunities to optimize construction and contracting strategy Cash Preservation, Spoke and Financing Update Liquidity Management Focus on liquidity management with actions already taken: SG&A optimization Spoke operations Growth capital project optimization Corporate Financing Strategic financing opportunities Project Financing U.S. Department of Energy (DOE) Loan Programs Office (LPO) Li-Cycle 6 וס#7Rochester Hub: Phasing Flow of End-Products to Battery Supply Chain Nickel Legend Nickel Sulphate Phase 1 MHP Intermediate Refiner Phase 2 Black Mass Cobalt Lithium Cobalt Sulphate Lithium Carbonate to be produced as part of both approaches Lithium Carbonate Battery Industry for Pre-Cursor and Cathode Production Li-Cycle® 7#8US$M Rochester Hub: Initial Estimate of Capital Investment to Complete Construction Estimated Capital Investment $1,200 Spend through September 30, 2023 $1,000 Balance spend $800 1 2 $600 $400 $560M 1 + 2 $700M $200 $140M $394 $301 г $92 $0 Rochester Hub Capex Process & Warehouse Buildings Total Rochester Hub + Buildings Note: Capex figures may not add to total due to rounding; (1) As of September 30, 2023 ~$1,000M -$850 Initial Estimated Range, depending on the option selected Commentary Rochester Hub capex spend to date was ~$301M(1) as compared to previously disclosed $560M construction budget ➤ Incremental spend for process buildings and warehouse of -$92M (1) to date as compared to estimated total cost of ~$140M ➤ Depending on the option selected, initial estimated capital cost to be in the range of approximately $850M to approximately $1B, including buildings ➤ Detailed analysis work undergoing including updated timing, and revised contracting strategy Ⓡ Li-Cycle 8#9Portovesme Hub: Li-Cycle's Joint Venture Partnership Glencore (1) Expedited Flowsheet Black Mass Leaching Portovesme Hub Project Highlights Brownfield: Lowering capital intensity by repurposing existing metallurgical site infrastructure and equipment with access to operating workforce MHP(2) (Co-Ni-Mn) Precipitation Lithium Carbonate Precipitation Technology: Fast tracking Li-Cycle's state-of-the-art hydrometallurgical technology to Europe Brownfield Site: Portovesme, Italy Processing Capacity: Up to 70,000 tonnes black mass per year Feedstock: Supplied from both Li-Cycle's growing European Spoke network and Glencore's commercial network End-Products (in tonnes per year): • • Nickel contained: ~18,000 tonnes/yr Cobalt contained: ~2,250 tonnes/yr Lithium Carbonate: -15,000 tonnes (3)/yr Funding: Contemplates competitive long-term financing from Glencore to fund Li-Cycle's full share of the capital investment Late 2026 - Early 2027 Commence Commissioning Portovesme Hub Key Milestones Timeline Mid-2024 Definitive Feasibility Study(4) Late 2024 - Late 2026 50-70kt Construction (1) Portovesme Hub to commence construction upon completing Definitive Feasibility Study (DFS) and subject to Final Investment Decision; (2) MHP refers to mixed hydroxide product; (3) Projected to produce approximately 15,000 to 16,500 tonnes of lithium carbonate; (4) DFS completion timing during 2024 is under review Ⓡ Li-Cycle 9#10Operating Expenses Capex Actions Taken to Maintain Liquidity to Complete Comprehensive Review of Rochester Hub Rochester Hub Cost and Liquidity Management Spoke Facilities Description Paused construction for comprehensive review of construction contracting strategy; Depending on the option selected, initial analysis determined that the revised project costs could be in the range of approximately $850 million to approximately $1 billion (includes capex for process buildings and warehouse) Reduced workforce; Eliminated non-essential operational spend; Implementing working capital initiatives (extension of credit terms, inventory optimization); ■ With financial advisors, exploring financing options and strategic alternatives Slowed production at North America and paused production at Ontario Spoke; Under review are Germany Line 2 installation; Norway, France, and Hungary Li-Cycle 10#11Spokes: Prioritizing Generation 3 Capacity to Optimize Black Mass Production ALABAMA SPOKE TOYOTA TOTA Competitive Advantages: Full battery pack processing capability with no disassembly and higher black mass yields Agnostic to battery chemistry (e.g., LFP) and form factor Produces minimal solid waste streams, zero wastewater discharge, and relatively low air emissions ARIZONA SPOKE GERMANY SPOKE Ⓡ Li-Cycle 11#12$ millions Updated Cash Position $350 $300 $289 $250 $200 $150 ($123) $137 ($4) $100 ($24) Key uses of cash include Rochester Hub capex, capex for Spoke buildout in Europe and SG&A $50 -$100 $0 June 30, 2023 Less: Investing Cash Flows Less: Operating Less: Financing Sept 30, 2023 Nov 10, 2023 Cash Flows Cash Flows Note: Cash flow figures may not add to closing balance due to rounding Li-Cycle 12#13Li-Cycle to Be a Key Participant in the Lithium-ion Battery Resource Recovery Industry Industry Fundamentals & Demand for Li-Cycle's Services Remain Robust Li-Cycle's Spoke & Hub Network Uniquely Positioned Focusing on Liquidity and Financing Paths Ⓡ Li-Cycle 13#14Appendix Li-Cycle 14#15Battery Materials Supply Chain End-of-life Batteries/Recycling Feedstock Battery Collection and Logistics Battery Production Manufacturing Scrap Streams/Recycling Feedstock Li-Cycle Pure-play battery recycling and resource recovery Recycled Source Mining Source Spoke / Shred Hub / Refine Active Material Manufacturers & Battery OEMS ㅁㅁㅁ Precursor Production Cathode Active Materials (CAM) Production te i End-Product Manufacturers Cell and Pack Production Mining and Refining Li-Cycle 15#16Strong Industry Secular Trends and Li-Cycle's Spoke & Hub Recycling and Resource Recovery Strong Industry Fundamentals Rising EV adoption driving mid- to long-term demand for battery-grade materials Growing recycling for manufacturing scrap from new gigafactories and end-of-life batteries ➤ Tightening supply/demand for localized post- processing capacity for battery-grade materials ➤ Favorable regulatory initiatives through minimum content compliance and/or funding LICY First Mover Advantages Patent-protected innovative and sustainable resource recovery technology Enabling circular loop through integrated business model Well-positioned networks for domestic supply chains in North America and Europe Strategic long-term commercial arrangements with leading global players Ⓡ Li-Cycle 16#17Growing Industry Driven by Electrification Megatrends and Regulatory Tailwinds Global EV Production Volumes and Material Demand Expected to Accelerate Exponentially Global EV Production Volumes (mm)(1) Demand for Battery-Grade Lithium (t LCE)(2) -2,289 Favorable Regulatory Tailwinds(4) -45 ~16% CAGR ~22% CAGR ('23E - '30E) ('23E - '30E) ~1,314 -21 -810 -11 2023E 2025E 2030E 2023E 2025E 2030E Global Nickel Demand (kt)(2) Global Cobalt Demand for Battery End-Use (t Co)(3) ~5% CAGR ~9% CAGR ('23E - '30E) ~4,621 ('23E - '28E) ~3,922 -241,869 -214,032 ~3,224 2023E 2025E 2030E ~154,839 2023E 2025E 2028E (1) HIS as of September 2023; (2) Wood Mackenzie as of September 2023; (3) CRU as of September 2023; (4) Per Inflation Reduction Act of 2022 $250bn DoE Clean Energy / Loan Authorization $60bn Production Tax Credit for Clean Energy (Including Battery Critical Minerals) $40bn Additional ATVM Loan Capacity $10bn Advanced Energy Project Tax Credit All Battery Materials Recycled in North America Eligible for Clean Vehicle Tax Credits Li-Cycle 17#18Battery Materials Feedstock Continues to Trend Favorably Total North America Battery Materials TAM (1) Total Europe Battery Materials TAM(1) '000 tonnes LIB equivalent/year 1,000 ~5x 900 800 700 600 500 400 300 -190 200 100 0 2023 Manufacturing Scrap -2x ~410 ~34 2025 ~211 1,200 -900 ~7x 1,000 800 600 ~394 400 2030 ~990 ~438 -3x ~365 200 ~135 ~111 ~31 0 2023 2025 Transportation OEMs including Recalls Energy Storage Consumer Electronics 2030 Forecast Total Post-Processing Recycling Capacity (2) (1) TAM refers to Total Addressable Market; BMI and Li-Cycle estimates as of September 2023; TAM estimates include a 30% scrap rate during ramp-up of a gigafactory followed by an average scrap rate of 10% thereafter and excludes gigafactories with lower probabilities; (2) Independent source and Li-Cycle estimates for both North America and Europe; recycling capacity includes post processing capacity which is currently not operational/under construction but for which funding has been raised (52K tonnes in 2025 and 206K tonnes in 2030) Li-Cycle 18#19Rochester Hub: Status of Construction Site Mid-October Prior to Pause COBALT: Equipment Installation Advanced COBALT: Fluid Tanks to Mixer Settler Module LEACHING: Building Construction Underway COPPER: Building Construction Underway LITHIUM: Process Area Foundation Underway NICKEL: Equipment Installation Commenced NICKEL: Solvent Extraction Equipment FINAL PRODUCTS AREA: Building Completed Li-Cycle 19#20Rochester Hub: Original Approach and Phased Approach Original Approach Phased Approach Black Mass + www.www + (+ ☑ Black Mass (+ Graphite Copper Sulfide Gypsum Manganese Carbonate Cobalt Nickel Sulphate Sulphate Sodium Sulphate Lithium Carbonate Graphite MHP Sodium Sulphate Lithium Carbonate + wwwwww. Reaction Tank/ Filter Press Solvent Extraction Crystallization Agitator Mixer/Settler Reaction Tank/ Filter Press Solvent Extraction Crystallization Agitator Mixer/Settler Li-Cycle 20#21Rochester Hub: Pilot Plant Provided Technical and Customer Validation for Commercial Scale-up Black Mass Leaching (Graphite) Solid-liquid separation Aluminum Copper Sulphide Precipitation & Iron Precipitation Key Achieved Objectives through Piloting Manganese Solvent Extraction Manganese Carbonate Precipitation I Cobalt Solvent Extraction Cobalt Sulphate Crystallization . • Validated the process design Tested standardized equipment and piloted at much greater sizes for scale-up Sodium Sulphate Crystallization . Product testing and qualification by key downstream global customers Nickel Solvent Extraction Nickel Sulphate Crystallization Lithium Precipitation and Purification Lithium Carbonate Li-Cycle 21#22Third Quarter 2023 Production and Financial Results Black Mass (1) Produced and Sold Tonnes 1,600 Adjusted EBITDA 1,400 1,312 1,211 1,190 1,200 2023 Reconciliation of IFRS and Non-IFRS Results U.S. dollar amounts in millions) Three months ended September 30, Nine months ended September 30, 2022 2022 2023 1,000 892 752 Net Profit (Loss) ($130.5) ($20.6) ($205.2) ($58.8) 800 Income Tax $0.1 600 400 Depreciation Interest Expense $4.6 $3.3 $12.3 $7.8 $4.0 $5.9 $11.5 $13.5 200 Interest Income ($2.6) ($3.8) ($11.8) ($5.3) 0 EBITDA (Loss) ($124.5) ($15.2) ($193.1) ($42.8) 30 2022 30 2023 Oct-23 30 2022 30 2023 Impairment $96.5 $96.5 Non-recurring Costs $0.3 Black Mass Produced Black Mass Sold Fair Value (Gain) Loss on Financial Instruments(1) ($10.9) ($19.9) ($17.5) ($42.5) Revenue (2) (US$M) Adjusted EBITDA (Loss) ($38.9) ($35.1) ($113.8) ($85.3) $6.0 $5.0 $4.4 $4.7 1. $4.0 $3.5 $2.8 $3.0 $2.0 $1.2 $1.0 $0.5 $0.0 $0.0 ($1.0) ($2.0) ($3.0) ($2.1) 30 2022 Product Sales Recycling Services 30 2023 I FMV Adjustment Total Revenue Fair value (gain) loss on financial instruments relates to convertible debt, and to warrants, which were redeemed and no longer outstanding as of September 30, 2022. Li-Cycle reports its financial results in accordance with the International Financial Reporting Standards ("IFRS"). The Company makes references to certain non-IFRS measures, including adjusted EBITDA. These measures are not recognized measures under IFRS, do not have a standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to i similar measures presented by other companies. Rather, these measures are provided as additional information to complement those IFRS measures by providing a further understanding of the Company's results of operations from I management's perspective. Accordingly, it should not be considered in isolation nor as a substitute for the analysis of the Company's financial information reported under IFRS. Adjusted EBITDA is defined as earnings before depreciation and amortization, interest expense (income), income tax expense (recovery) adjusted for items that are not considered representative of ongoing operational activities of the business and items where the economic impact of the transactions will be reflected in earnings in future periods. Adjustments relate to fair value (gains) losses on financial instruments and certain non-recurring expenses. Foreign exchange (gain) loss is excluded from the calculation of Adjusted EBITDA. (1) Includes black mass and black mass equivalents (BM&E) which are products analogous to black mass and have a similar metal content; (2) Revenue includes the product sales during the period, the fair market value (FMV) adjustment, and revenue from recycling services. BM&E unsettled metric tonnes subject to fair value adjustments was 4,274 tonnes as of September 30, 2023, and was 4,977 tonnes as of June 30, 2023. Li-Cycle 22 Ⓡ#23LICY Share Count as of 9/30/2023 Total shares outstanding as of September 30, 2023 Potential shares reserved for future issuance: Convertible notes (1) Stock options(2) Restricted share units (2) Total potential shares as of September 30, 2023(2) 178,207,359 30,303,721 3,788,280 3,280,825 215,580,185 (1) Includes interest accrued as of September 30, 2023. Excludes interest in subsequent periods that may be paid via payment-in-kind (PIK). (2) Includes stock options and restricted share units granted and outstanding as of September 30, 2023. Excludes additional shares available for future grants pursuant to the Company's equity incentive plan. Li-Cycle 23#24Solving the global battery recycling problem. CH Li-Cycle ARC 1PACI Li-Cycle blk 3 CHARGING KENCI