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Investor Presentaiton

2025 Network Targets: Directing Investment Towards North America and Europe; Opportunistically Exploring Asia Pacific [4] Spoke Target Reiterating global network of ≥100,000 tpa LIB Spoke capacity, deployed close to customer sources. Consisting of: 'Merchant' Spoke sites that service numerous battery supply customers Co-located Spoke sites proximal to key sources (e.g., battery cell manufacturing facilities) Equivalent to approximately ≥20 GWh (1) of battery materials ● Hub Target Reiterating centralized network of ≥220,000 tpa LIB Hub capacity. Consisting of: Centralized Hub facilities that intake black mass (cathode and anode material) from a network of Spokes to produce battery grade end- products Sited based on facility requirements and increasingly based on battery supply chain Equivalent to approximately (4) [4] 244 GWh (1) of battery materials Tpa LIB: Tonnes per annum of lithium-ion battery equivalent material; GWh: Gigawatt hours (1) Assumes an illustrative conversion rate of 1 GWh to 5,000 tonnes of lithium-ion batteries equivalent. Li-Cycle 00
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