Investor Presentaiton

FY 2021: Li-Cycle Achieved Significant Milestones, While Positioning For Accelerated Global Growth (1) Financial & Strategic Strong Balance Sheet Position Koch Strategic Platforms (KSP) invested $100MM LG Chem (LGC) and LG Energy Solution (LGES) to invest $50MM, upon completion of commercial agreements (1) Key Leadership Hires Secured Finance Operations Capital project execution Operational & Expansion Rochester Hub ➤ Broke ground for Rochester Hub project, planned for commissioning in 2023 Spokes Kingston and Rochester produced ~1,900 tonnes of black mass, exceeding our original target Arizona and Alabama on track to start-up in 2022 Signed joint venture agreement with Morrow Batteries and ECO STOR to develop first European Spoke in Norway Health, Safety, Environmental Quality Health and Safety (HSEQ) ➤Implemented Incident Communication, Investigation and Response Process (ICIRP) Environment and Quality ISO 45001, 9001 and 14001, and R2 registered with zero non-conformities Completed environmental permitting for Arizona Commercial Significant Agreements: Contracted to recycle Ultium Cells' manufacturing scrap at the Ohio mega-factory - Li-Cycle to co-locate a Spoke Partnered with Univar Solutions to recycle lithium-ion batteries from Mercedes Benz US International (MBUSI) plant in Alabama Finalizing multi-year supply and offtake agreement with LGC and LGES Investment by LGES and LGC subject to completion of manufacturing scrap supply and nickel sulphate off-take agreement by March 13, 2022. See Li-Cycle's Press Release dated December 14, 2021 for additional details. Ⓡ Li-Cycle 3

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