2,735,000 Options of TEK-Ocean Group Limited are subject to a Lock-Up Agreement Ending on 2-SEP-2023. These Options will be under lockup for 732 days starting from 31-AUG-2021 to 2-SEP-2023.

Details:
5,466,499 fully paid ordinary shares restricted for a period of 24 months from the date of official quotation.

2,735,000 unquoted options restricted for a period of 24 months from the date of official quotation, consisting of: 1,250,000 unquoted options exercisable at $0.80, expiring on or before 22 April 2025; and 1,485,000 unquoted options exercisable at $0.53, expiring on or before 31 December 2023.