7,982,226 Common Shares of Railtown AI Technologies Inc. are subject to a Lock-Up Agreement Ending on 1-DEC-2022. These Common Shares will be under lockup for 366 days starting from 30-NOV-2021 to 1-DEC-2022.

Details:
Directors, executive officers and certain shareholders of the Company will enter into an Escrow Agreement with the Company pursuant to which the Escrow Shareholders will agree to deposit the securities of the Company which they hold. Assuming there are no changes to the escrowed securities initially deposited and no additional escrowed securities (53,214,841 common shares and 1,350,000 options) are deposited, the automatic timed release escrow applicable to the Company will result in a 10% release on the Closing Date, with the remaining escrowed securities being released in 15% tranches every six months thereafter.