Li-Cycle Results Presentation Deck

Reaffirming 2023 Business Outlook 99 À 19 GA S § Category Increasing Black Mass Production Black Mass Inventory Build vs Sales Allocating Capital for Spoke & Hub Network Growth Optimizing Financial Flexibility for Growth ● ● ● ● ● Annual Target 7,500 - 8,500 tonnes Inventory build starting second half of 2023 Hub: $250 million - $300 million Spokes: $35 million - $45 million Close the $375 million DOE loan commitment YTD Progress Li-Cycle 16

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