Certain A Shares of Acter Technology Integration Group Co., Ltd. are subject to a Lock-Up Agreement Ending on 14-OCT-2023. These A Shares will be under lockup for 380 days starting from 29-SEP-2022 to 14-OCT-2023.

Details:
Direct controlling shareholder Sheng Huei International Co., Ltd., Indirect controlling shareholder Acter Group Corporation Limited commits that within 36 months after the listing date, shall not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. If the closing price of the company?s share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company?s share is lower than the issue price for the period ending six months after listing, then the lockup period shall automatically be extended for 6 months.

Shareholders Suzhou Songhui Enterprise Management Consulting Partnership Enterprise (Limited Partnership) and Suzhou Shengzhan Enterprise Management Consulting Partnership Enterprise (Limited Partnership) commits that within 12 months after the listing date, shall not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. During the term of office of its shareholder or partner as the company?s director or senior management personnel, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company.

Directors, Supervisors, Senior Management with indirect shareholding that Liang Jinli, Chen Zhihao, Zhu Qihua, Su Yuzhou, Huang Yaping, Liao Chongyou, Wang Yu, and Xiao Jingxia commits that If the closing price of the company?s share is lower than the issue price for 20 consecutive trading days within 6 months after listing, or if the closing price of the company?s share is lower than the issue price for the period ending six months after listing, then the lockup period shall automatically be extended for 6 months. During the term and within 6 months from completion of the term of office as the company?s director, member of supervisory board, senior management personnel, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company. Within 12 months after the listing date, shall not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance, nor allow the company to repurchase the said shares. Within 6 months from separation, shall not transfer direct or indirect shares in the company.