Li-Cycle Investor Presentation Deck

Li-Cycle's Portfolio: Global Footprint With Local Networks; To Be a Top Global Producer of Lithium Carbonate and Key Battery-Grade Materials Toronto (HQ) 227 GWh (2) Arizona 231 GWh(¹) 471 GWh (3) Alabama Ontario New York Germany Norway France 119 GWh (4) 706 GWh (5) Once fully operational, the Rochester and Portovesme Hubs are expected to have total annual lithium carbonate production capacity of up to 25,000 tonnes Switzerland Portovesme Singapore Strategically Optimizing Network Prioritizing fastest growing electrification demand centers ➤Mirroring customer production timing Directing capital prudently with commercial contracting Capturing future optionality for network expansion Corporate & Regional Offices Gwh Demand centers (6) Pre-Processing/Recycling of Battery Materials Spoke (operational) Spoke (in construction) Post-Processing/Refining for Battery-Grade Materials Rochester Hub (in construction) Portovesme Hub (in development) (1) Includes New York, Michigan, Ohio, Ontario, and Quebec; (2) Includes Arizona, California, Texas, and Nevada; (3) Includes Alabama, Kentucky, North Carolina, South Carolina, Florida, Georgia, and Tennessee; (4) Includes Norway and Sweden; (5) Includes Germany, France, Hungary and UK; (6) Data as of 2030 from BMI, Li-Cycle estimates and publicly announced nameplate capacities for gigafactories announced (as of June 2023); TAM estimates include a 30% scrap rate during ramp-up of a gigafactory followed by an average scrap rate of 10% thereafter Li-Cycle 8

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