Certain Ordinary Shares of NetScientific plc are subject to a Lock-Up Agreement Ending on 25-AUG-2021. These Ordinary Shares will be under lockup for 385 days starting from 5-AUG-2020 to 25-AUG-2021.

Details:
The Company, WH Ireland and the Concert Parties have entered into the Relationship and Lock-in Agreement. This agreement will ensure that the Company is capable of carrying out its business independently of the Concert Parties and their associates. It also contains undertakings from each member of the Concert Party not, for a period of 12 months from Admission, to sell, charge or grant any interest over any Consideration Shares held by it and at the end of that 12 month period, to only dispose of such Consideration Shares through WH Ireland for a further 12 months, in each case subject to certain exceptions including:

· an acceptance of an offer for the Company's shares at any stage; or

· agreeing to accept any offer for the Company's shares either before or after its announcement.