Investor Presentaiton

Li-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

View entire presentation