Certain A Shares of Innovita Biological Technology Co., Ltd. are subject to a Lock-Up Agreement Ending on 29-JUL-2023. These A Shares will be under lockup for 373 days starting from 21-JUL-2022 to 29-JUL-2023.

Details:
The company?s actual controller Mr. Ye Fengguang, Ms. Zhang Xiujie and other parties person in concert has agreed not to 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 36 months after the listing date. 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.

The company?s directors has agreed within 12 months after the listing date, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance. During the term of office in the company, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company. 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 will automatically be extended for 6 months.

The other's supervisors has agreed Within 12 months after the listing date, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance. During the term of office in the company, 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 and within 6 months after resignation, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance. Within 4 years after the expiration of the above lockup, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company during listing.

The company?s core technical person has agreed within 12 months after the listing date and within 6 months after resignation, will not transfer nor entrust to others for management direct or indirect shares in the company held prior to this issuance. Within 4 years after the expiration of the above lockup, the number of shares in the company transferred each year shall not exceed 25% of the total shares held in the company during listing.