1,200,000 Performance Rights of Southern Palladium Limited are subject to a Lock-Up Agreement Ending on 8-JUN-2024. These Performance Rights will be under lockup for 733 days starting from 6-JUN-2022 to 8-JUN-2024.

Details:
46,671,673 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 8 June 2024, being 24 months from the date of Quotation.

3,700,000 options exercisable at $0.875 on or before 8 June 2026, classified by ASX as restricted securities and to be held in escrow until 8 June 2024, being 24 months from the date of Quotation.

1,200,000 performance rights each with a nil exercise price expiring on or 8 June 2026, classified by ASX as restricted securities and to be held in escrow until 8 June 2024, being 24 months from the date of Quotation.