1,055,961 Options of Sovereign Cloud Holdings Limited are subject to a Lock-Up Agreement Ending on 14-DEC-2022. These Options will be under lockup for 735 days starting from 9-DEC-2020 to 14-DEC-2022.

Details:
An aggregate of 47,072,715 shares are classified by ASX as restricted securities and will be held in escrow until December 14, 2022, being 24 months from the date of commencement of Official Quotation, expected on December 14, 2020.

An aggregate of 1,055,961 unquoted options, exercisable at various prices and with various expiry dates, will be held in escrow until December 14, 2022, being 24 months from the date of commencement of Official Quotation, expected on December 14, 2020.