Launch in US, page-67

Escrow

Founding shareholders of Afterpay Holdings Limited, Anthony Eisen and Nick Molnar, are subject to a two year ASX escrow restriction which expires on 8 May 2018 in relation to their shareholdings (collectively, approximately 23% of issued capital). Anthony and Nick have informed the Board that they intend to remain long term, substantial shareholders and executives of the business.

Subject to share price and general market conditions, Anthony and Nick, for asset diversification reasons, may sell up to 10% of their underlying individual shareholdings (less than 2.5% of total issued capital) over the next twelve months.

(This is from the announcement "Company Update", dated 4 April 2018.)