41,078,125 Options of WA Kaolin Limited are subject to a Lock-Up Agreement Ending on 26-NOV-2022. These Options will be under lockup for 732 days starting from 24-NOV-2020 to 26-NOV-2022.

Details:
122,421,279 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 26 November 2022, being 24 months from the date of commencement of Official Quotation i.e. November 26, 2020.

1,166,667 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 26 May 2021, being 12 months from the date of issue.

7,578,125 options exercisable at AUD 0.25 on or before 20 November 2023, classified by ASX as restricted securities and to be held in escrow until 26 November 2022, being 24 months from the date of commencement of Official Quotation.

5,000,000 options exercisable at AUD 0.30 on or before 20 November 2024, classified by ASX as restricted securities and to be held in escrow until 26 November 2022, being 24 months from the date of commencement of Official Quotation.

28,500,000 options exercisable at AUD 0.35 on or before 20 November 2025, classified by ASX as restricted securities and to be held in escrow until 26 November 2022, being 24 months from the date of commencement of Official Quotation.

27,500,000 performance rights, classified by ASX as restricted securities and to be held in escrow until 26 November 2022, being 24 months from the date of commencement of Official Quotation.