Certain Common Shares of Leonovus Inc. are subject to a Lock-Up Agreement Ending on 3-SEP-2021. These Common Shares will be under lockup for 120 days starting from 6-MAY-2021 to 3-SEP-2021.

Details:
Directors, senior officers and other insiders of the Company to execute a lock-up agreement to be delivered at the closing of the Offering, setting out that for a period of 120 days from the Closing Date, without the consent of the Lead Agent, each director and officer will not, directly or indirectly, offer, sell, contract to sell, grant any option to purchase, make any short sale, or otherwise dispose of, or transfer, or announce any intention to do so, any Common Shares, whether then owned directly or indirectly, or under their control or direction, or with respect to which each has beneficial ownership, or enter into any transaction or arrangement that has the effect of transferring, in whole or in part, any of the economic consequences of ownership of Common Shares, whether such transaction is settled by the delivery of Common Shares, other securities, cash or otherwise other than pursuant to a take-over bid or any other similar transaction made generally to all of the shareholders of the Company.