5,000,000 Performance Rights of Global Lithium Resources Limited are subject to a Lock-Up Agreement Ending on 6-MAY-2023. These Performance Rights will be under lockup for 758 days starting from 8-APR-2021 to 6-MAY-2023.

Details:
An aggregate of 42,432,443 shares will be held under escrow for up to 24 months from the date of quotation, expected on May 10, 2021.

An aggregate of 400,000 shares will be held under escrow for up to 12 months from the date of quotation, expected on May 10, 2021.

An aggregate of 2,150,000 shares will be held under escrow until May 5, 2021. These shares will be subject to an additional escrow for a period of 12 months from the date of the company's admission to the Official List.

All broker options issued to the Lead Manager, being up to 4,780,614 options, will be held under escrow for up to 24 months from the date of quotation, expected on May 10, 2021.

All Performance Rights issued to the directors, being 5,000,000 Performance Rights, will be held under escrow for up to 24 months from the date of quotation, expected on May 10, 2021.