473,460 Ordinary Shares of Cluey Ltd are subject to a Lock-Up Agreement Ending on 21-AUG-2021. These Ordinary Shares will be under lockup for 256 days starting from 8-DEC-2020 to 21-AUG-2021. Details: On Listing, the Company expects that a significant number of the Shares in which the Directors (and others, including certain senior executives of the Company) have a relevant interest (as that term is defined in the Corporations Act) in will be subject to the 2 year mandatory escrow period referred to herein. Each of these “pre-Offer” investments were made into Quartet Education between 8 May 2020 and 14 August 2020. Accordingly, all of the Shares subject to a period of 12 months ASX-imposed escrow will be free from escrow after 14 August 2021. In Institutional Shareholders Voluntary Escrow 80% of the Shares in which each of the Institutional Shareholders have a relevant interest will also be subject to voluntary escrow on First release date the company will ensure that the holding locks applicable to the below noted significant holders are modified so that they cover 60% (i.e. rather than 80%) of the below noted holders’ Shares on and from the commencement of trading on the trading day immediately after the Company releases to ASX its Appendix 4D and financial statements for the half year ending 31 December 2020. On second release date the company will ensure that the holding locks applicable to the below noted significant holders are modified so that they cover 20% (i.e. rather than 60%) of the below noted holders’ Shares on and from the commencement of trading on the earlier of the trading day immediately after the Company releases to ASX its Appendix 4E and preliminary final report for the year ending 30 June 2021 and Appendix 4E and annual report for the year ending 30 June 2021. On Final release date the Company will ensure that the holding locks applicable to the below noted significant holders are lifted in relation to the remaining 20% of the below noted holders’ Shares from the commencement of trading on the trading day immediately after the company releases to ASX its Appendix 4D and financial statements for the half year ending 31 December 2021. Other Existing Shareholders will be subject to voluntary escrow from Completion until the commencement of trading on the earlier of the trading day immediately after the Company releases to ASX its Appendix 4E and preliminary final report for the year ending 30 June 2021 or Appendix 4E and annual report for the year ending 30 June 2021. Total number of Shares estimated to be subject to voluntary escrow for founders are 13.1 million, for institutional shareholders 18.8 million and for other existing shareholders 9.4 million. Total number of Shares estimated to be subject to mandatory escrow for founders are 23.3 million, for institutional shareholders 7.9 million and for other existing shareholders 3.3 million. 25,222,293 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 9 December 2022, being 24 months from the date of commencement of Official Quotation. 4,220,896 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 8 May 2021, being 12 months from the date of issue. 1,743,692 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 19 June 2021, being 12 months from the date of issue. 1,182,552 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 24 June 2021, being 12 months from the date of issue. 17,437 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 4 August 2021, being 12 months from the date of issue. 4,443,714 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 7 August 2021, being 12 months from the date of issue. 87,183 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 14 August 2021, being 12 months from the date of issue. 473,460 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 21 August 2021, being 12 months from the date of issue.