Li-Cycle Results Presentation Deck
Second Quarter Call Highlights: Spoke & Hub Network Growth Plans to
Position Li-Cycle as Leading Producer of Key Battery-Grade Materials
Commercial
Operational
Financial
Expanded commercial relationships, added contracts with leading global customers
in the battery supply chain
o MOU with EVE for recycling battery manufacturing scrap at multiple global sites;
exploring site selection for new potential Spoke in Hungary
> Expanded market-leading position and speed to market through growth of Spoke
& Hub network in North America and Europe
o Advanced Rochester Hub construction, on track for start of commissioning in
late 2023;
o Progressed DFS(2) work for European Hub (Portovesme Hub) with Glencore; on track
to be completed by mid-2024; and
o Commercialized first Europe Spoke in Germany with start of line 1 operations
➤ Strengthened balance sheet, optimizing financial flexibility for future growth
o Advanced documentation of $375 million Department of Energy (DOE) loan to final
stages with close anticipated in September 2023
(1) Memorandum of Understanding; (2) Definitive Feasibility Study
Li-Cycle
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