Glencore plc → Li-Cycle Holdings Corp.

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.