Press Releases

February 1, 2022

Li-Cycle Appoints Elewout Depicker as VP, Commercial & Corporate Development, EMEA

Seasoned Battery Supply Chain Executive with Significant Commercial Business Development Expertise to Drive the Company’s Expansion Throughout the EMEA Region

February 1, 2022

TORONTO, OntarioLi-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or “the Company”), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, today announced the appointment of Elewout Depicker as VP, Commercial & Corporate Development, EMEA. Mr. Depicker will oversee the execution of Li-Cycle’s commercial activities and corporate development strategy for the Europe, the Middle East and Africa (“EMEA”) regions. His appointment is effective immediately.

Mr. Depicker brings over 10 years of experience in the lithium-ion battery supply chain and commercial business development to his new role. He joins Li-Cycle at an important inflection point in its growth trajectory as it recently announced plans to expand into the European markets, building commercial lithium-ion recycling facilities in Norway and Germany. Mr. Depicker will report to Li-Cycle’s Tim Johnston, co-founder, Executive Chairman and Li-Cycle’s interim President, EMEA.

“We’re thrilled to welcome Elewout to Li-Cycle as we begin to execute on our growth strategy in the EMEA region,” said Mr. Johnston. “Elewout has a proven track record with commercial business development in the battery-grade materials space and I look forward to the important role he will play as we continue to scale our commercial lithium-ion recycling technologies, build facilities, and strengthen our customer network throughout the region.”  

“Li-Cycle has proven itself as the preeminent leader of battery recycling in North America and I am excited to join the team as it replicates its success in the EMEA regions,” said Mr. Depicker. “I look forward to leveraging my deep experience with business development in the battery supply chain as Li-Cycle drives sustainable global electrification through its economically and environmentally sustainable commercial lithium-ion recycling technologies.”

Before joining Li-Cycle, Elewout Depicker was Business Head Lithium, Manganese, Additives and Supply Chain Management at Umicore’s Rechargeable Battery Materials division. At Umicore, he was in charge of growing the global sourcing portfolio of battery raw materials going into Umicore’s PCAM and CAM products. Elewout brings extensive experience in the marketing and commercialization of battery specialty chemicals. Next to his commercial role, Elewout was taking the lead in the integrated supply chain management of battery raw materials for the global production plants of Umicore.

Mr. Depicker holds his Master of Commercial Engineering from Ghent University in Belgium.

About Li-Cycle Holdings Corp.
Li-Cycle (NYSE: LICY) is on a mission to leverage its innovative Spoke & Hub Technologies™ to provide a customer-centric, end-of-life solution for lithium-ion batteries, while creating a secondary supply of critical battery materials. Lithium-ion rechargeable batteries are increasingly powering our world in automotive, energy storage, consumer electronics, and other industrial and household applications. The world needs improved technology and supply chain innovations to better manage battery manufacturing waste and end-of-life batteries and to meet the rapidly growing demand for critical and scarce battery-grade raw materials through a closed-loop solution. For more information, visit https://li-cycle.com/.

CONTACTS
Li-Cycle:
Investor Relations
Nahla A. Azmy
[email protected]

Press
Sarah Miller
[email protected]

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