Certain Ordinary Shares of Oneiro Energy PLC are subject to a Lock-Up Agreement Ending on 25-MAY-2024. These Ordinary Shares will be under lockup for 366 days starting from 25-MAY-2023 to 25-MAY-2024.

Details:
Under lock-in agreements dated on or around the date of this document, each of the Directors and Adam Dziubinski has agreed with the Company not to dispose of, and to procure that no party associated with the respective locked-in person disposes of, any of the Existing Ordinary Shares held by him for a period of 12 months from the date of Admission. Each of the locked-in persons agrees to orderly market restrictions on the disposal of shares for a subsequent period of 12 months.

JCM has agreed with the Company that, other than in certain limited circumstances (such as disposals pursuant to a takeover of the Company, a court order or following or contemporaneously with the completion of a Reverse Takeover), it will not dispose of any interest in the JCM Fee Shares for a period of three months from the date of Admission, and JCM is entitled to dispose of interests in not more 50% of the JCM Fee Shares in the subsequent three month period. JCM will be entitled to dispose of any interest in the balance of the JCM Fee Shares following the expiry of a six month period from Admission.