Li-Cycle Financials and Strategic Update

Government Recognition of Need for Sustainable, Domestic Supply U.S. Bipartisan Infrastructure Bill... ~$6bn in grants across the battery sector supply chain Funding awards expected Spring 2023 Presidential Determination ... ~$500mm investment to support critical materials for battery production Grants projected by early 2023 "Ensuring a robust, resilient, sustainable, and environmentally responsible domestic industrial base to meet the requirements of the clean energy economy, such as the production of large-capacity batteries, is essential to our national security and the development and preservation of domestic critical infrastructure." - President Joe Biden, March 31, 2022 Li-Cycle 00

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