Certain Ordinary Shares of Waste Plastic Upcycling AS are subject to a Lock-Up Agreement Ending on 23-APR-2023. These Ordinary Shares will be under lockup for 368 days starting from 20-APR-2022 to 23-APR-2023.

Details:
In connection with the Private Placement, customary lock-up undertakings were given by the members of the Board of Directors of the Company, the Chief Executive Officer of the Company, Niels Bagge, and personal holding companies of such persons, which will restrict, subject to certain conditions, their ability to, without the prior written consent of the Managers, issue, sell or dispose of any Shares, as applicable, for a period of 12 months, after the first day of admission to trading on Euronext Growth Oslo.