Certain Ordinary Shares of Net Zero Infrastructure Plc are subject to a Lock-Up Agreement Ending on 14-SEP-2022. These Ordinary Shares will be under lockup for 365 days starting from 14-SEP-2021 to 14-SEP-2022.

Details:
Each of the Directors, Axis Capital, Alexander David and the existing shareholders has undertaken to the Company that, other than in certain limited circumstances, they will not, and will procure that any associated party will not, dispose of any interest they hold in the Existing Ordinary Shares and in any additional shares acquired by them prior to the Orderly Market Date, for the period commencing on the date of Admission until the day after completion of the Acquisition. Following the Acquisition, for a period of 12 months, each such party has undertaken to the Company that they will not dispose of any such interest other than with the prior written consent of both the Company and its broker and will only make such disposals through the Company's broker.