Li-Cycle Founders Recognized for Innovation and Leadership in the Lithium-Ion Battery Recycling Industry

Ajay Kochhar and Tim Johnston selected as winners of the 2022 MSW Innovator Awards

May 26, 2022

TORONTO, Ontario – Li-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 that its co-founders, Ajay Kochhar and Tim Johnston, have been recognized by MSW Management for their innovation and proven leadership in the lithium-ion battery recycling industry.

“We are truly honoured to have received this award amongst so many outstanding leaders and innovators,” said Ajay Kochhar, co-founder and CEO of Li-Cycle. “We believe this award is a reflection of Li-Cycle’s success, as we continue to accelerate the electric revolution through our environmentally and economically sustainable lithium-ion battery recycling technologies.”

“We are thrilled to be recognized for this award and extend our thanks to the team at MSW Management for selecting us,” said Tim Johnston, co-founder and Executive Chairman of Li-Cycle. “Our team is committed to building a more sustainable future for our planet and we believe we are only getting started as we continue to execute on our global growth plans.”

Each year, the MSW Management Innovator Awards showcases 22 industry leaders committed to innovation in their field. The award honours professionals who are creating new products and technology for the waste and recycling industry. The selected innovators represent the spirit of invention and entrepreneurship in the realm of waste management. For a complete list of winners and additional information, please visit the 2022 MSW Innovators digital issue at https://www.bluetoad.com/publication/?m=3927&i=747471&p=1&pre=1&ver=html5.

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
Kunal Phalpher
[email protected]