Executive Chair Tim Johnston resigns from Board; separation includes 18-month salary continuance

Li-Cycle Holdings Corp.

Tim Johnston to resign as director after May 23 annual meeting, effective May 31, 2024.
Separation agreement provides bi-weekly salary continuance of $76,153.85 for 18 months through Nov 2025.
Richard Storrie, former Regional President EMEA, entered separate separation agreement on April 26, 2024.
Glencore gains right to nominate an additional director to fill vacancy from Johnston's departure.
Board determined not to award STIP payments for Nov 2022-Dec 2023 performance period.

item 5.02 item 9.01

Executive movements

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Departed

Tim Johnston

Director

Li-Cycle Holdings Corp.

Effective: 2024-05-31
Filed: May 15, 2024, 7:59 PM ET

On May 8, 2024, Mr. Johnston notified the Chair of the Nominating and Governance Committee of the Board and the other Board members of his intention to resign as a director of the Company, following the conclusion of his employment with the Company on May 31, 2024

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Tim Johnston resigned as Director at Li-Cycle Holdings Corp..

Action: resigned
Role: Director

Exact text from the filing

On May 8, 2024, Mr. Johnston notified the Chair of the Nominating and Governance Committee of the Board and the other Board members of his intention to resign as a director of the Company, following the conclusion of his employment with the Company on May 31, 2024

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Source: SEC EDGAR

accession 0001193125-24-138800

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