49,500 Common Shares of Hertz Energy Inc. are subject to a Lock-Up Agreement Ending on 11-APR-2024. These Common Shares will be under lockup for 371 days starting from 6-APR-2023 to 11-APR-2024.

Details:
An aggregate of 4,500,000 Common Shares will be held under escrow, such that 10% of the securities will be released from escrow on the listing date and thereafter 15% securities will be released every 6 months over a 36-month period.