5,000,000 Options of Prospech Limited are subject to a Lock-Up Agreement Ending on 4-DEC-2022. These Options will be under lockup for 732 days starting from 2-DEC-2020 to 4-DEC-2022.

Details:
Shareholders have entered into a Voluntary Restriction Deed with the Company in which they have agreed 19,800,004 shares will be held in escrow for a period of 12 months from the admission to the official listing date.

14,985,559 Shares will be held in escrow for a period of 24 months from the admission to the official listing date.

10,000,000 options exercisable at $0.30 on or before 30 September 2023, classified by ASX as restricted securities and to be held in escrow until 4 December 2022, being 24 months from the date of commencement of Official Quotation.

5,000,000 options exercisable at $0.30 on or before 4 December 2023, classified by ASX as restricted securities and to be held in escrow until 4 December 2022, being 24 months from the date of commencement of Official Quotation.

2,031,250 options exercisable at $0.30 on or before 30 September 2023, classified by ASX as restricted securities and to be held in escrow until 30 September 2021, being 12 months from the date of issue.