Certain Warrants of Lexaria Bioscience Corp. are subject to a Lock-Up Agreement Ending on 7-SEP-2023. These Warrants will be under lockup for 121 days starting from 9-MAY-2023 to 7-SEP-2023.

Details:
The Company and its directors and executive officers have agreed, subject to certain exceptions, not to offer, issue, sell, contract to sell, encumber, grant any option for the sale of or otherwise dispose of any shares of Common Stock or other securities convertible into or exercisable or exchangeable for our common stock for a period of 120 days after this offering is completed without the prior written consent of the Placement Agent. The Placement Agent may in its sole discretion and at any time without notice release some or all of the shares subject to lock-up agreements prior to the expiration of the lock-up period. When determining whether or not to release shares from the lock-up agreements, the Placement Agent will consider, among other factors, the security holder?s reasons for requesting the release, the number of shares for which the release is being requested and market conditions at the time.