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SCHEDULE 13D/A 0001140361-22-034542 0001521365 XXXXXXXX LIVE 6 Common Shares without par value 01/16/2025 false 0001828811 50202P105 Li-Cycle Holdings Corp. 207 Queens Quay West Suite 590 Toronto A6 M5J 1A7 Peter Wright (416) 775-1500 Glencore Canada Corporation 100 King Street West, Suite 6900 Toronto A6 M5X 1E3 0001521365 Glencore plc b AF Y Y9 0 82454779 0 82454779 82454779 N 69.8 CO HC For rows 8, 10, and 11, represents the amount beneficially owned by Glencore Canada Corporation, which is a wholly-owned indirect subsidiary of Glencore plc. For row 13, see comment rergarding row 13 to Glencore Canada Corporation's cover page of this Amendment No. 6. Y Glencore International AG b AF Y V8 0 82454779 0 82454779 82454779 N 69.8 CO HC For rows 8, 10, and 11, represents the amount beneficially owned by Glencore Canada Corporation, which is a wholly-owned indirect subsidiary of Glencore International AG. For row 13, see comment regarding row 13 to Glencore Canada Corporation's cover page of this Amendment No. 6. Y Glencore Canada Corporation b WC OO Y A6 0 82454779 0 82454779 82454779 N 69.8 CO For rows 8, 10, and 11, represents 82,447,356 Common Shares of Li-Cycle Holdings Corp (the "Issuer") that are issuable to Glencore Canada Corporation upon conversion of all of the outstanding secured and unsecured notes of the Issuer held by Glencore Canada Corporation, subject to adjustment and including accrued but unpaid interest through January 21, 2025, plus 7,423 Common Shares of the Issuer previously awarded to Mr. Kunal Sinha under the Issuer's 2021 Incentive Award Plan. For row 13, percent of Common Shares calculated based on 35,603,217 Common Shares of the Issuer outstanding as of January 16, 2025 (such outstanding shares based on information provided to the Reporting Persons by the Issuer), plus the number of Common Shares of the Issuer that are issuable to Glencore Canada Corporation as described in in the preceding sentence. See Item 5 of this Amendment No. 6 for more information. Common Shares without par value Li-Cycle Holdings Corp. 207 Queens Quay West Suite 590 Toronto A6 M5J 1A7 EXPLANATORY NOTE This Amendment No. 6 (this "Amendment No. 6") is being filed by the undersigned to amend and supplement the Schedule 13D originally filed with the U.S. Securities and Exchange Commission (the "SEC") on September 23, 2022 (as amended, from time to time, the "Schedule 13D") relating to the common shares, without par value (the "Common Shares"), of Li-Cycle Holdings Corp. (the "Issuer"). Capitalized terms used herein and not otherwise defined shall have the respective meanings ascribed to them in the Schedule 13D. Item 4 of the Schedule 13D is hereby supplemented as follows: On January 16, 2025, the Reporting Persons received from the Issuer a calculation setting forth the adjustment to the conversion prices for outstanding secured and unsecured notes held by Glencore Canada Corporation following the closing of an underwritten public offering of securities by the Issuer. As a result, in accordance with the terms of the applicable notes, the conversion price for the $116,551,170.40 original principal amount note of the A&R Glencore Convertible Notes ("A&R Convertible Note No. 1") had been adjusted to $2.35, the conversion price for the $114,615,632.00 original principal amount note of the A&R Glencore Convertible Notes ("A&R Convertible Note No. 2") had been adjusted to $50.25 and the New Note Conversion Price for the Senior Secured Convertible Note had been adjusted to $3.05, each subject to future adjustments in accordance with the terms of the applicable notes. Item 5(a) of the Schedule 13D is hereby amended and supplemented as follows: The responses of the Reporting Persons to Rows (7) through (13) of the cover pages of this Amendment No. 6, as of January 21, 2025, are incorporated herein by reference. As of such date, the Reporting Persons may be deemed to have shared power to vote, direct the vote, dispose of or direct the disposition of (and therefore beneficially own), an aggregate of 82,447,356 Common Shares issuable upon the conversion of the Senior Secured Convertible Note and A&R Glencore Convertible Notes directly owned by Glencore Canada Corporation, including accrued but unpaid interest through January 21, 2025, plus 7,423 Common Shares previously awarded to Mr. Kunal Sinha under the Issuer's 2021 Incentive Award Plan. This amount of Common Shares represents approximately 69.8% of the outstanding Common Shares and is calculated based on 35,603,217 Common Shares of the Issuer outstanding as of as of January 16, 2025 (such outstanding shares based on information provided to the Reporting Persons by the Issuer), plus the 82,447,356 Common Shares of the Issuer issuable to Glencore Canada Corporation upon conversion of all of the Senior Secured Convertible Note and A&R Glencore Convertible Notes directly owned by Glencore Canada Corporation including accrued but unpaid interest through January 21, 2025. Mr. Sinha is the Global Head of Recycling at the Glencore group and holds the securities reported herein for the benefit of the Reporting Persons, and will, after vesting, if applicable, transfer the securities directly to the Reporting Persons. As of the date hereof, the aggregate outstanding principal amount of the A&R Glencore Convertible Notes and Senior Secured Convertible Note is $245,831,872.79 (inclusive of PIK interest) and $81,573,643.75 (inclusive of PIK interest), respectively. Item 5(b) of the Schedule 13D is hereby amended and supplemented as follows: The information set forth in Item 5(a) of this Amendment No. 6 is hereby incorporated herein by reference. Item 5(c) of the Schedule 13D is hereby amended and supplemented as follows: Except as otherwise disclosed in this Amendment No. 6 and the Schedule 13D, none of the Reporting Persons nor, to the Reporting Persons' knowledge, any of the Schedule I Persons, has effected any transaction during the past 60 days in, any Common Shares. Glencore plc /s/ John Burton John Burton/Company Secretary 01/21/2025 Glencore International AG /s/ John Burton John Burton/Attorney-in-fact 01/21/2025 Glencore Canada Corporation /s/ John Burton John Burton/Attorney-in-fact 01/21/2025