Li-Cycle and Shift2 Partner to Donate Laptops to High School Students in Rochester, New York - Seite 2

Since 2021, Li-Cycle and Shift2 have worked together to support efforts to recycle lithium-ion batteries from used laptops in a safe and environmentally friendly manner. Li-Cycle also supports Shift2’s mandate of distributing refurbished laptops to individuals in the Rochester community who lack access to technology. Li-Cycle and Shift2’s collaboration has benefited many community groups to address issues such as access to education, homelessness, at-risk youth, and job empowerment.

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 battery-grade 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 Shift2

Shift2 (formerly known as The Shore Foundation) is a non-profit organization in Rochester, NY with a mission to maximize the usefulness of existing technology to make a positive impact on people’s lives, the community and the environment. By repurposing computers originally used by businesses, Shift2 plays a vital role in equipping community members with the tools they need to stay connected, unlock their potential, and succeed in this digital age. Additionally, the organization is dedicated to responsible recycling unusable technology, recognizing the significance of reclaiming metals and rare earth elements critical for the production of devices in the future. For more information: https://shift2nfp.org/.

Forward-Looking Statements

Certain statements contained in this press release may be considered “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the U.S. Securities Act of 1933, as amended, Section 21 of the U.S. Securities Exchange Act of 1934, as amended, and applicable Canadian securities laws. Forward-looking statements may generally be identified by the use of words such as “believe”, “may”, “will”, “continue”, “anticipate”, “intend”, “expect”, “should”, “would”, “could”, “plan”, “potential”, “future”, “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters, although not all forward-looking statements contain such identifying words. Forward-looking statements in this press release include but are not limited to statements about: Li-Cycle’s expectation that it will continue to support Shift2’s mission and make a positive impact on the lives of individuals residing in and around the greater Rochester, New York area; the expectation that, by working with Shift2, Li-Cycle can enhance its ability to deliver a positive impact to local Rochester communities; the expectation that Li-Cycle’s facility in Rochester will be one of the largest sources of lithium and recycled battery materials in North America; and the expectation that Li-Cycle will continue to leverage its Spoke & Hub Technologies to provide a customer-centric, end-of-life solution for lithium-ion batteries, while creating a secondary supply of battery-grade materials. These statements are based on various assumptions, whether or not identified in this communication, including but not limited to assumptions regarding the timing, scope and cost of Li-Cycle’s projects; the processing capacity and production of Li-Cycle’s facilities; Li-Cycle’s ability to source feedstock and manage supply chain risk; Li-Cycle’s ability to increase recycling capacity and efficiency; Li-Cycle’s ability to obtain financing on acceptable terms; Li-Cycle’s ability to retain and hire key personnel and maintain relationships with customers, suppliers and other business partners; general economic conditions; currency exchange and interest rates; compensation costs; and inflation. There can be no assurance that such estimates or assumptions will prove to be correct and, as a result, actual results or events may differ materially from expectations expressed in or implied by the forward-looking statements.