X0206 3 2023-12-29 0 0001828811 Li-Cycle Holdings Corp. LICY 0001764910 Li Dawei C/O LI-CYCLE HOLDINGS CORP. 207 QUEENS QUAY WEST, SUITE 590 TORONTO A6 M5J 1A7 ONTARIO, CANADA false true false false Regional President, APAC Common Shares 72918 D Employee Stock Option (right to buy) 10.93 2031-08-10 Common Shares 18712 D Employee Stock Option (right to buy) 13.20 2031-11-22 Common Shares 31725 D Employee Stock Option (right to buy) 7.58 2032-01-31 Common Shares 18947 D Employee Stock Option (right to buy) 5.77 2033-01-27 Common Shares 31488 D Includes 43,861 restricted stock units ("RSUs") awarded to the reporting person under the Li-Cycle Holdings Corp. 2021 Incentive Award Plan. Each RSU represents the contingent right to receive one common share of Li-Cycle Holdings Corp subject to time-vesting conditions in accordance with the underlying award and the reporting person's continued service through such vesting date. The stock option became exercisable as to 6,237 common shares on August 10, 2022 and 6,238 common shares on August 10, 2023. The stock option becomes exercisable as to the remaining 6,237 common shares on August 10, 2024. The stock option became exercisable as to 10,575 common shares on November 22, 2022 and 10,575 common shares on November 22, 2023. The stock option becomes exercisable as to the remaining 10,575 common shares on November 22, 2024. The stock option became exercisable as to 6,316 common shares on January 31, 2023. The stock option becomes exercisable as to 6,315 common shares on January 31, 2024 and 6,316 common shares on January 31, 2025. The stock option becomes exercisable as to 10,496 common shares on January 27, 2024, 10,496 common shares on January 27, 2025 and 10,496 common shares on January 27, 2026. Exhibit List - Exhibit 24.1 - Power of Attorney This Form 3 is being filed because, beginning January 1, 2024, the Issuer will no longer be eligible to use the forms and rules designated by the Securities and Exchange Commission for foreign private issuers (as defined in Rule 3b-4 of the Securities Exchange Act of 1934, as amended). /s/ Carl DeLuca, attorney-in-fact on behalf of Dawei Li 2023-12-29