Certain Shares of Western Bulk Chartering AS are subject to a Lock-Up Agreement Ending on 8-SEP-2022. These Shares will be under lockup for 365 days starting from 8-SEP-2021 to 8-SEP-2022.

Details:
The Company, members of the Company's board and management, Kistefos Equity Holdings AS and Ojada AS will enter into customary lock-up arrangements with the Joint Global Coordinators that will restrict, subject to certain exceptions, their ability to issue, sell or dispose of shares, as applicable, for a period of 12 months for the Company and the members of the board and management, and 6 months for Kistefos Equity Holdings AS and Ojada AS, after the commencement of trading in the shares on Euronext Growth Oslo without the prior written consent of the Joint Global Coordinators.