4,488,833 Ordinary Shares of Unicorn Mineral Resources Public Limited Company are subject to a Lock-Up Agreement Ending on 27-OCT-2023. These Ordinary Shares will be under lockup for 365 days starting from 27-OCT-2022 to 27-OCT-2023.

Details:
On Admission, the Directors will, in aggregate, hold 2,425,500 Ordinary Shares, representing 8.74% of the Enlarged Share Capital. The Directors have agreed with the Company and Novum, except for certain standard exceptions, not to dispose of any interest in the Ordinary Shares held by them for a period of 12 months following Admission (Lock-In Period) and then for the following 12 months not to dispose of their Ordinary Shares without first consulting the Company and Novum in order to maintain an orderly market for the Shares.

Additionally, in contemplation of Admission, 7.43% of the existing Shareholders (representing 2,063,333 Ordinary Shares) have entered into twelve (12) month lock in agreements which contain provisions restricting them during the period commencing on Admission and ending twelve (12) months thereafter, from selling, pledging or otherwise disposing of any Ordinary Shares held by them.

The restrictions on the ability of the Directors to dispose of their Ordinary Shares are subject to certain usual and customary exceptions, including in connection with the acceptance of a recommended general offer, a buy back of shares and on the death of the relevant Shareholder.