10,430,001 Ordinary Shares of Basin Energy Limited are subject to a Lock-Up Agreement Ending on 19-SEP-2023. These Ordinary Shares will be under lockup for 354 days starting from 30-SEP-2022 to 19-SEP-2023.

Details:
Approximately 21,199,693 Shares and 13,300,000 Options will be classified as restricted securities by ASX for a period of 24 months from the date of quotation.

Approximately 10,430,001 Shares will be classified as restricted securities by ASX for a period of 12 months from the date of issue.