Certain Ordinary Shares of Dubai Taxi Company PJSC are subject to a Lock-Up Agreement Ending on 27-MAY-2024. These Ordinary Shares will be under lockup for 180 days starting from 29-NOV-2023 to 27-MAY-2024.

Details:
The Selling Shareholder has contractually agreed, for a period of 180 calendar days from the Closing Date, that neither it nor any of its affiliates nor any person acting on its or their behalf will, without the prior written consent of the Joint Global Coordinators (such consent not to be unreasonably withheld or delayed) (i) directly or indirectly, offer, pledge, sell, contract to sell, sell or grant any option, right, warrant, or contract to purchase, exercise any option to sell, purchase any option or contract to sell or otherwise transfer or dispose of, directly or indirectly, any ordinary shares or other shares of the Company, or any securities convertible or exchangeable into or exercisable for any ordinary shares or warrants or other rights to purchase ordinary shares or any security or financial product whose value is determined directly or indirectly by reference to the price of the ordinary shares (excluding for the avoidance of doubt any securities issued by the Selling Shareholder); (ii) enter into any swap, or any other agreement or any transaction that transfers, in whole or in part, directly or indirectly, the economic consequence of ownership of the ordinary shares, in each case, whether any such transaction is to be settled by delivery of ordinary shares or other securities, in cash or otherwise; or (iii) publicly announce such an intention to effect any such transaction.