Li-FT Power Ltd.

Career chronology

• Since 2025-07-30: Li-FT Power Ltd. — Executive Chairman. Notice and Management Information Circular 2025 (Directors’ report / current executive roster)

• Earlier career; exact dates not fully disclosed: Previous employers and professional roles as summarized in issuer disclosure — former MD/CEO of Galaxy Resources, served on its board for over a decade; described by issuer as overseeing growth through Allkem creation; current Nano One chair and Li-Cycle director as disclosed in appointment notice. Appointment of Anthony Tse as Executive Chairman (paras. 1–3)

• MD/CEO appointed June 2013; director tenure reported as 11 years: Galaxy Resources Ltd. — Managing Director / Chief Executive Officer; director. Appointment of Anthony Tse as Executive Chairman (paras. 1–3; transition biography)

• Earlier career; dates not specified: News Corporation STAR TV; TOM Online; TOM Group; China Entertainment Television; CSN Corp. — Senior roles including deputy general manager, corporate development director, president and CEO. Li-Cycle Holdings Corp. Registration Statement (Anthony Tse biography) (Anthony Tse biography; previous senior roles)

Contributions and company outcomes

Company-level project and delivery record

Most recent report through cutoff · issuer reported · low materiality

Li-FT continued advancing its lithium exploration portfolio and announced a two-year option over the Renard mine; on 5 October 2026 the final MRNF condition was satisfied and the C$12 million option fee was released to creditors. Li-FT has not acquired Renard: exercise remains optional, and a definitive acquisition agreement, court approval and other regulatory approvals would be required. If it exercises, Li-FT would assume closure/remediation responsibilities and about C$18 million annual care-and-maintenance costs during the option period. These are company-level developments, not personal achievements.

Attribution: Role overlaps event; causation unproven. The individual held the stated role during some or all of the reported period; available evidence does not isolate personal contribution.

Relevance: Provides the company outcome against which the executive’s delivery record should be assessed.

Notice and Management Information Circular 2025 (directors’ report / operating update); Release Conditions for Renard Option Satisfied (release; option status and conditions, Oct. 5, 2026)

Litigation and enforcement

Li-Cycle entered CCAA proceedings during Tse’s non-executive board tenure

2025-05 to 2025-08 · documented · medium materiality

Li-Cycle Holdings Corp. and related entities sought creditor protection under Canada’s CCAA and U.S. Chapter 15 on 14 May 2025. Tse was listed as a Li-Cycle non-executive director in its SEC-filed 2024 annual report signed 31 March 2025. The court-supervised process led to a Glencore purchase of Li-Cycle Inc.; the court approved the transaction on 1 August and the monitor certified completion on 7 August 2025. The court monitor stated some of the other applicants remained in CCAA proceedings after the acquisition. These are company insolvency and restructuring facts, not evidence of misconduct by Tse; reviewed materials do not establish his operational control, cause of insolvency, or responsibility for the outcome. No later order affecting Tse personally was identified.

Attribution: Role overlaps event; causation unproven. Tse held a non-executive director role at Li-Cycle. Sources document the corporate proceeding and completed asset transaction, but do not identify individual fault or decision-level responsibility by him.

Relevance: A material adverse employer outcome during a prior board tenure is relevant context for evaluating governance and track record, while its limits must be respected.

Annual Report on Form 10-K 2024 (signature page dated 31 March 2025; director listing and proceedings sections); Li-Cycle CCAA proceedings and monitor updates (May 14 and Aug. 7, 2025 case status updates); Li-Cycle Holdings Corp. Annual Report 2023 (Director consulting agreement disclosure; terminated Jan. 19, 2022)

Suitability for the current role

Professional fit for Executive Chairman

Current role as of cutoff · analyst inference · medium materiality

Role fit is an analytical inference from the documented position and the listed experience. The current role aligns with company leadership and project finance; demonstrated personal outcomes are not inferred from employer results.

Attribution: Responsibility not applicable. Analyst assessment based on the cited role and career record; it does not establish performance causation.

Relevance: Assesses documented capability against the current role and company stage.

Notice and Management Information Circular 2025 (Current executive roster); Appointment of Anthony Tse as Executive Chairman (paras. 1–3); Notice and Management Information Circular 2025 (Directors’ report / current executive roster); Appointment of Anthony Tse as Executive Chairman (paras. 1–3; transition biography); Li-Cycle Holdings Corp. Registration Statement (Anthony Tse biography) (Anthony Tse biography; previous senior roles)

Career chronology

• Current as of 2026-09-26; exact start date not supplied: Li-FT Power Ltd. — President / Chief Executive Officer / Director. Notice and Management Information Circular 2025 (Directors’ report / current executive roster)

• Earlier career; exact dates not fully disclosed: Previous employers and professional roles as summarized in issuer disclosure — co-founded Kenorland Minerals; prior Newmont greenfield exploration in Nunavut, West Africa and East Africa. Management (Management biography)

• Approximately eight years, ending before return to Canada in 2016: Newmont Mining Corporation — Greenfields exploration geologist. Li-FT Power CEO Francis MacDonald on Preparing to Drill 60,000 Meters (interview; career chronology)

• 2016–October 2022: Kenorland Minerals Ltd. — Co-founder; EVP Exploration (Jan 2021–Feb 2022); President (Feb–Oct 2022). Notice and Management Information Circular 2025 (Francis MacDonald principal occupation and biography)

Education and qualifications

Education and professional credentials

Not dated · issuer reported · low materiality

exploration geologist. Credentials are reported in the cited issuer or secondary biography; the issuing institutions were not independently queried in this pass.

Attribution: Individual involvement documented. The cited biography names the qualification; independent verification of award records was not available.

Relevance: Relevant professional preparation for the current position.

Management (Management biography)

Contributions and company outcomes

Company-level project and delivery record

Most recent report through cutoff · issuer reported · low materiality

Li-FT continued advancing its lithium exploration portfolio and announced a two-year option over the Renard mine; on 5 October 2026 the final MRNF condition was satisfied and the C$12 million option fee was released to creditors. Li-FT has not acquired Renard: exercise remains optional, and a definitive acquisition agreement, court approval and other regulatory approvals would be required. If it exercises, Li-FT would assume closure/remediation responsibilities and about C$18 million annual care-and-maintenance costs during the option period. These are company-level developments, not personal achievements.

Attribution: Role overlaps event; causation unproven. The individual held the stated role during some or all of the reported period; available evidence does not isolate personal contribution.

Relevance: Provides the company outcome against which the executive’s delivery record should be assessed.

Notice and Management Information Circular 2025 (directors’ report / operating update); Release Conditions for Renard Option Satisfied (release; option status and conditions, Oct. 5, 2026)

Suitability for the current role

Professional fit for President / Chief Executive Officer / Director

Current role as of cutoff · analyst inference · medium materiality

Role fit is an analytical inference from the documented position and the listed experience. The current role aligns with the function stated in the title; demonstrated personal outcomes are not inferred from employer results.

Attribution: Responsibility not applicable. Analyst assessment based on the cited role and career record; it does not establish performance causation.

Relevance: Assesses documented capability against the current role and company stage.

Notice and Management Information Circular 2025 (Current executive roster); Management (Management biography); Notice and Management Information Circular 2025 (Directors’ report / current executive roster); Li-FT Power CEO Francis MacDonald on Preparing to Drill 60,000 Meters (interview; career chronology); Notice and Management Information Circular 2025 (Francis MacDonald principal occupation and biography)

Career chronology

• Current as of 2026-09-26; exact start date not supplied: Li-FT Power Ltd. — Chief Financial Officer. Notice and Management Information Circular 2025 (Directors’ report / current executive roster)

• Earlier career; exact dates not fully disclosed: Previous employers and professional roles as summarized in issuer disclosure — 20+ years natural-resources financial leadership; CFO posts at listed resource companies; began at PwC London. Management (Management biography)

• September 2016–August 2022: First Mining Gold Corp. — Chief Financial Officer. Annual Information Form 2024 (Principal occupation for past five years; appointment/tenure table)

• June 2013–June 2015: Great Panther Silver Ltd. — Director of Finance. Annual Information Form 2024 (Historical experience in director/officer biography)

• October 2011–June 2013: Alexco Resource Corp. — Controller. Annual Information Form 2024 (Historical experience in director/officer biography)

Education and qualifications

Education and professional credentials

Not dated · issuer reported · low materiality

CA; CFA; BA(Hons), Newcastle University. Credentials are reported in the cited issuer or secondary biography; the issuing institutions were not independently queried in this pass.

Attribution: Individual involvement documented. The cited biography names the qualification; independent verification of award records was not available.

Relevance: Relevant professional preparation for the current position.

Management (Management biography)

Contributions and company outcomes

Company-level project and delivery record

Most recent report through cutoff · issuer reported · low materiality

Li-FT continued advancing its lithium exploration portfolio and announced a two-year option over the Renard mine; on 5 October 2026 the final MRNF condition was satisfied and the C$12 million option fee was released to creditors. Li-FT has not acquired Renard: exercise remains optional, and a definitive acquisition agreement, court approval and other regulatory approvals would be required. If it exercises, Li-FT would assume closure/remediation responsibilities and about C$18 million annual care-and-maintenance costs during the option period. These are company-level developments, not personal achievements.

Attribution: Role overlaps event; causation unproven. The individual held the stated role during some or all of the reported period; available evidence does not isolate personal contribution.

Relevance: Provides the company outcome against which the executive’s delivery record should be assessed.

Notice and Management Information Circular 2025 (directors’ report / operating update); Release Conditions for Renard Option Satisfied (release; option status and conditions, Oct. 5, 2026)

Suitability for the current role

Professional fit for Chief Financial Officer

Current role as of cutoff · analyst inference · medium materiality

Role fit is an analytical inference from the documented position and the listed experience. The current role aligns with the function stated in the title; demonstrated personal outcomes are not inferred from employer results.

Attribution: Responsibility not applicable. Analyst assessment based on the cited role and career record; it does not establish performance causation.

Relevance: Assesses documented capability against the current role and company stage.

Notice and Management Information Circular 2025 (Current executive roster); Management (Management biography); Notice and Management Information Circular 2025 (Directors’ report / current executive roster); Annual Information Form 2024 (Principal occupation for past five years; appointment/tenure table); Annual Information Form 2024 (Historical experience in director/officer biography)

Career chronology

• Since 2026-07-20: Li-FT Power Ltd. — Chief Operating Officer. Notice and Management Information Circular 2025 (Directors’ report / current executive roster)

• Earlier career; exact dates not fully disclosed: Previous employers and professional roles as summarized in issuer disclosure — former VP Operations, Burgundy Diamond Mines (Ekati); former COO First Mining Gold; prior leadership with Goldcorp, Newmont and Rio Tinto. Management (Management biography)

• Joined January 2024; appointment to Li-FT announced February 2026: Burgundy Diamond Mines Ltd. — Vice President Operations, Ekati. Leadership (Jeff Reinson biography)

• More than 25 years; individual dates not disclosed: First Mining Gold Corp.; Bluestone Resources; Goldcorp; AngloGold Ashanti; Newmont; Rio Tinto — Leadership, senior project and engineering management roles. Leadership (Jeff Reinson biography; prior roles)

Education and qualifications

Education and professional credentials

Not dated · issuer reported · low materiality

MSc and BSc Civil Engineering, University of Saskatchewan. Credentials are reported in the cited issuer or secondary biography; the issuing institutions were not independently queried in this pass.

Attribution: Individual involvement documented. The cited biography names the qualification; independent verification of award records was not available.

Relevance: Relevant professional preparation for the current position.

Management (Management biography)

Contributions and company outcomes

Company-level project and delivery record

Most recent report through cutoff · issuer reported · low materiality

Li-FT continued advancing its lithium exploration portfolio and announced the Renard option transaction. A conditional transaction or exploration target is not treated as a mine delivery.

Attribution: Employer context; no individual link established. The individual held the stated role during some or all of the reported period; available evidence does not isolate personal contribution.

Relevance: Provides the company outcome against which the executive’s delivery record should be assessed.

Notice and Management Information Circular 2025 (directors’ report / operating update)

Suitability for the current role

Professional fit for Chief Operating Officer

Current role as of cutoff · analyst inference · medium materiality

Role fit is an analytical inference from the documented position and the listed experience. The current role aligns with the function stated in the title; demonstrated personal outcomes are not inferred from employer results.

Attribution: Responsibility not applicable. Analyst assessment based on the cited role and career record; it does not establish performance causation.

Relevance: Assesses documented capability against the current role and company stage.

Notice and Management Information Circular 2025 (Current executive roster); Management (Management biography); Notice and Management Information Circular 2025 (Directors’ report / current executive roster); Leadership (Jeff Reinson biography); Leadership (Jeff Reinson biography; prior roles)

Career chronology

• Since 2026-07-20: Li-FT Power Ltd. — Executive Vice President, External Affairs & Strategic Partnerships. Notice and Management Information Circular 2025 (Directors’ report / current executive roster)

• Earlier career; exact dates not fully disclosed: Previous employers and professional roles as summarized in issuer disclosure — 25 years environment/sustainability experience; appointment as EVP External Affairs & Strategic Partnerships announced July 2026. Key executive appointments (executive appointments release)

• Joined Ekati after environmental consulting in Yellowknife (2011); years of company roles not fully specified: Dominion Diamond / Ekati Diamond Mine — Superintendent, Environment; later external affairs, permitting and sustainability roles described by Li-FT. Faces in Mining: Dr. April Hayward (Profile; Ekati transition and environmental work)

• From 2011; exact employer/dates not disclosed: Environmental consulting firm, Yellowknife (name not specified) — Environmental consultant. Faces in Mining: Dr. April Hayward (Career profile)

Contributions and company outcomes

Company-level project and delivery record

Most recent report through cutoff · issuer reported · low materiality

Li-FT continued advancing its lithium exploration portfolio and announced the Renard option transaction. A conditional transaction or exploration target is not treated as a mine delivery.

Attribution: Employer context; no individual link established. The individual held the stated role during some or all of the reported period; available evidence does not isolate personal contribution.

Relevance: Provides the company outcome against which the executive’s delivery record should be assessed.

Notice and Management Information Circular 2025 (directors’ report / operating update)

Suitability for the current role

Professional fit for Executive Vice President, External Affairs & Strategic Partnerships

Current role as of cutoff · analyst inference · medium materiality

Role fit is an analytical inference from the documented position and the listed experience. The current role aligns with the function stated in the title; demonstrated personal outcomes are not inferred from employer results.

Attribution: Responsibility not applicable. Analyst assessment based on the cited role and career record; it does not establish performance causation.

Relevance: Assesses documented capability against the current role and company stage.

Notice and Management Information Circular 2025 (Current executive roster); Key executive appointments (executive appointments release); Notice and Management Information Circular 2025 (Directors’ report / current executive roster); Faces in Mining: Dr. April Hayward (Profile; Ekati transition and environmental work); Faces in Mining: Dr. April Hayward (Career profile)

Career chronology

• Current as of 2026-09-26; exact start date not supplied: Li-FT Power Ltd. — Senior Vice President, Geology. Notice and Management Information Circular 2025 (Directors’ report / current executive roster)

• Earlier career; exact dates not fully disclosed: Previous employers and professional roles as summarized in issuer disclosure — ore-deposit geologist; co-founded Tier One Silver; prior global gold specialist with Newmont. Management (Management biography)

• 2017–2020: Auryn Resources Inc. — Vice President Exploration. Annual Information Form 2024 (Principal occupation for past five years)

• 2020–2021: Universal Mineral Services — Geological consultant. Annual Information Form 2024 (Principal occupation for past five years)

• 2020–2022: Tier-1 Resources / Tier One Silver — Senior Vice President Exploration. Annual Information Form 2024 (Principal occupation for past five years)

• 2020–2022: Sombrero Resources — Vice President Exploration. Annual Information Form 2024 (Principal occupation for past five years)

Contributions and company outcomes

Company-level project and delivery record

Most recent report through cutoff · issuer reported · low materiality

Li-FT continued advancing its lithium exploration portfolio and announced the Renard option transaction. A conditional transaction or exploration target is not treated as a mine delivery.

Attribution: Role overlaps event; causation unproven. The individual held the stated role during some or all of the reported period; available evidence does not isolate personal contribution.

Relevance: Provides the company outcome against which the executive’s delivery record should be assessed.

Notice and Management Information Circular 2025 (directors’ report / operating update)

Suitability for the current role

Professional fit for Senior Vice President, Geology

Current role as of cutoff · analyst inference · medium materiality

Role fit is an analytical inference from the documented position and the listed experience. The current role aligns with the function stated in the title; demonstrated personal outcomes are not inferred from employer results.

Attribution: Responsibility not applicable. Analyst assessment based on the cited role and career record; it does not establish performance causation.

Relevance: Assesses documented capability against the current role and company stage.

Notice and Management Information Circular 2025 (Current executive roster); Management (Management biography); Notice and Management Information Circular 2025 (Directors’ report / current executive roster); Annual Information Form 2024 (Principal occupation for past five years)

Career chronology

• Current as of 2026-09-26; exact start date not supplied: Li-FT Power Ltd. — Corporate Secretary. Notice and Management Information Circular 2025 (Directors’ report / current executive roster)

• Earlier career; exact dates not fully disclosed: Previous employers and professional roles as summarized in issuer disclosure — corporate secretary; detailed previous appointments and qualifications not verified from reviewed sources. Management (company leadership / issuer corporate records)

• February 2019–March 2022: Empower Clinics Inc. — Executive Assistant. Annual Information Form 2023 (AIF p. 40; principal occupation during past five years)

Contributions and company outcomes

Company-level project and delivery record

Most recent report through cutoff · issuer reported · low materiality

Li-FT continued advancing its lithium exploration portfolio and announced the Renard option transaction. A conditional transaction or exploration target is not treated as a mine delivery.

Attribution: Role overlaps event; causation unproven. The individual held the stated role during some or all of the reported period; available evidence does not isolate personal contribution.

Relevance: Provides the company outcome against which the executive’s delivery record should be assessed.

Notice and Management Information Circular 2025 (directors’ report / operating update)

Suitability for the current role

Professional fit for Corporate Secretary

Current role as of cutoff · analyst inference · medium materiality

Role fit is an analytical inference from the documented position; limited public career detail reduces confidence. The current role aligns with the function stated in the title; demonstrated personal outcomes are not inferred from employer results.

Attribution: Responsibility not applicable. Analyst assessment based on the cited role and career record; it does not establish performance causation.

Relevance: Assesses documented capability against the current role and company stage.

Notice and Management Information Circular 2025 (Current executive roster); Management (company leadership / issuer corporate records); Notice and Management Information Circular 2025 (Directors’ report / current executive roster); Annual Information Form 2023 (AIF p. 40; career chronology)

Evidence gaps

• Public sources reviewed did not establish a full dated prior-employer chronology, quantified personal delivery record, and independently verified credentials.