Li-Cycle SPAC Presentation Deck

Disclaimer - Continued ADDITIONAL INFORMATION ABOUT THE PROPOSED BUSINESS COMBINATION AND WHERE TO FIND IT If the parties enter into definitive documentation, the proposed business combination will be submitted to shareholders of Peridot for their consideration. Peridot intends to file a preliminary and definitive proxy statement to be distributed to Peridot's shareholders in connection with Peridot's solicitation of proxies for the vote by Peridot's shareholders in connection with the proposed business combination and other matters described therein. Peridot will mail a definitive proxy statement and other relevant documents to its shareholders as of the record date established for voting on the proposed business combination. Peridot's shareholders and other interested persons are advised to read, once available, the preliminary proxy statement and, once available, the definitive proxy statement, in connection with Peridot's solicitation of proxies for its special meeting of shareholders to be held to approve, among other things, the proposed business combination, because these documents will contain important information about Peridot, Li-Cycle and the proposed business combination. Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of the securities to be issued in the proposed business combination or determined if this presentation is truthful or complete. PARTICIPANTS IN THE SOLICITATION Peridot, Li-Cycle and certain of their respective directors, executive officers and other members of management and employees may, under SEC rules, be deemed to be participants in the solicitations of proxies from Peridot's shareholders in connection with the proposed business combination. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of Peridot's shareholders in connection with the proposed business combination will be set forth in Peridot's proxy statement when it is filed with the SEC. You can find more information about Peridot's directors and executive officers in Peridot's prospectus dated September 23, 2020 relating to its initial public offering. NO OFFER OR SOLICITATION This presentation does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. TRADEMARKS This presentation contains trademarks, service marks, trade names and copyrights of Li-Cycle, Peridot and other companies, which are the property of their respective owners. Li-Cycle 3

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