1,678,664,000 Common Shares of Premiere Island Power Reit Corporation are subject to a Lock-Up Agreement Ending on 15-DEC-2023. These Common Shares will be under lockup for 365 days starting from 15-DEC-2022 to 15-DEC-2023.

Details:
Under the PSE Consolidated Listing and Disclosure Rules, an applicant company shall cause existing shareholders who own an equivalent of at least 10% of the issued and outstanding shares of stock of the company to refrain from selling, assigning, or in any manner disposing of their shares for a period of:
1)180 days after the listing of said shares if the applicant company meets the track record requirements in Section 1, Article III, Part D of the PSE Consolidated Listing and Disclosure Rules; or
2) 365 days after the listing of said shares if the applicant company is exempt from the track record and operating history requirements of the PSE Consolidated Listing and Disclosure Rules.