Li-Cycle Recognized for its Achievements in Scaling Clean Technology

Named Graduate of the Year for 2022 by the Cleantech Group

January 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 it has been named  Global Cleantech 100 Graduate of the Year by the Cleantech Group.

In 2020, Li-Cycle was chosen out of 14 thousand innovative companies for its dedication toward a sustainable future and was named a Global Cleantech 100 Company by the Cleantech Group. Since then, the Company has made significant progress by scaling its economically and environmentally sustainable lithium-ion battery recycling technologies. In recognition of its accomplishments and promising future outlook as a public company, the Cleantech Group has named Li-Cycle the Graduate of the Year for 2022 in the Resources & Environment category. This award is given to the most impressive exits of a Global Cleantech 100 alumnus company (i.e., one that has been on any of the Global Cleantech 100 lists published since 2009) – in the eyes of the investors on the Global Cleantech 100 Expert Panel.

“We are thrilled to receive further recognition from the Cleantech Group for our achievements in developing innovative lithium-ion battery recycling technologies and contributions to a circular economy – now as a publicly traded company,” said Ajay Kochhar, Li-Cycle’s President, CEO, and Co-Founder.

The 2022 Global Cleantech 100 is the 13^th edition of the respected annual guide to the leading companies and themes in sustainable innovation. It features the private, independent and for-profit companies best positioned to advance global efforts to reach carbon neutrality.

The list combines Cleantech Group’s research data with qualitative judgements from nominations and insight from a global 86-member expert panel of leading investors and executives from corporations and industrials active in technology and innovation scouting. From pioneers and veterans to new entrants, the expert panel broadly represents the global cleantech community and results in a list with a powerful base of respect and support from many important players within the cleantech innovation ecosystem.

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/.

About Cleantech Group®
Cleantech Group provides research, consulting and events to catalyze opportunities for sustainable growth powered by innovation. At every stage from initial strategy to final deals, we bring corporate change makers, investors, governments and stakeholders from across the ecosystem the access and customized support they need to thrive in a more digitized, de-carbonized and resource-efficient future. The company was established in 2002 and is headquartered in San Francisco with people based in London, Paris and Boston.

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

Press
Sarah Miller
[email protected]

Cleantech Group:
Laura Dolby
[email protected]