Certain Ordinary Shares of ARB IOT Group Limited are subject to a Lock-Up Agreement Ending on 5-OCT-2023. These Ordinary Shares will be under lockup for 184 days starting from 4-APR-2023 to 5-OCT-2023.

Details:
Directors and executive officers and any holder(s) of three percent (3.0%) or more of the outstanding ordinary shares of the Company are expected to enter into lock-up agreements with the underwriter to, without the underwriter?s prior written consent, for a period of six (6) months from the effective date of this registration statement is completed: (i) offer, pledge, sell, contract to sell, grant, lend or otherwise transfer or dispose of, directly or indirectly, any ordinary shares or any securities convertible into or exercisable or exchangeable for ordinary shares; (ii) enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of the ordinary shares; or (iii) make any demand for or exercise any right with respect to the registration of any ordinary shares or any security convertible into or exercisable or exchangeable for ordinary shares, whether any such transaction described above is to be settled by delivery of ordinary shares or such other securities, in cash or otherwise.