Investor Presentaiton

Spokes: 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

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