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18B.66

A SPAC Promoter must not, during the period ending 12 months from the date of the completion of a De-SPAC Transaction, dispose of, nor enter into any agreement to dispose of or otherwise create any options, rights, interests or encumbrances in respect of, any securities of the Successor Company that are, as shown in the Successor Company’s listing document, beneficially owned by the SPAC Promoter.

Note:    The restriction applies to any securities of the Successor Company beneficially owned by the SPAC Promoter as a result of the issue, conversion or exercise of Promoter Shares, Promoter Warrants and earn-out rights referred to in Note 1 to rule 18B.29(1).