Certain Ordinary Shares of Seacon Shipping Group Holdings Limited are subject to a Lock-Up Agreement Ending on 28-MAR-2024. These Ordinary Shares will be under lockup for 366 days starting from 28-MAR-2023 to 28-MAR-2024.

Details:
Each of the Cornerstone Investors has agreed that without the prior written consent of each of our Company, the Sole Overall Coordinator and the Sole Sponsor, it will not, whether directly or indirectly, at any time during the period of six months from the Listing Date (the ??Lock-up Period??), (i) dispose of, in any way, any of the Offer Shares it has subscribed for pursuant to the relevant Cornerstone Investment Agreement or any interest in any company or entity holding any Relevant Shares; (ii) allow itself to undergo a change of control (as defined in the Takeovers Code promulgated by the SFC) at the level of its ultimate beneficial owner; (iii) enter into any transactions directly or indirectly with the same economic effect as any aforesaid transaction; or (iv) agree or contract to, or publicly announce any intention to enter into, any transaction described above.