5,062,500 Shares of Philenergy Co., Ltd. are subject to a Lock-Up Agreement Ending on 15-JAN-2024. These Shares will be under lockup for 189 days starting from 10-JUL-2023 to 15-JAN-2024.

Details:
Philoptics Co., Ltd., a sales shareholder after this listing, holds 5,062,000 common stocks (53.78% of the number of stocks scheduled to be listed), and in accordance with Article 26 of the KOSDAQ Listing Regulations (obligatory holding of new listing).