Certain A Shares of Shenzhen Kiwi Instruments Co., Ltd. are subject to a Lock-Up Agreement Ending on 26-MAY-2023. These A Shares will be under lockup for 368 days starting from 23-MAY-2022 to 26-MAY-2023.

Details:
The issuer's controlling shareholder, actual controller, chairman and general manager Xie Pengcun, Yu Huijie and Zhang Bo, who act in concert with the issuer's actual controller, issuer's controlling shareholder and actual controller Xie Pengcun controlled Shenzhen Cavite Enterprise Management Center (Limited Partnership), Shenzhen Kaives Enterprise Management Center (Limited Partnership), Shenzhen Cavist Enterprise Management Center (Limited Partnership), Directors Ye Jun, Lin Guanqiu, and senior management Gao Lei, Supervisors Wang Xiaojia, Liu Haoyang and Zhao Xiaohui, issuer's other core technical personnel Yu Xiufeng and Wen Peng promised within 36 months from the date of listing of the issuer's shares, not to transfer or entrust others to manage the issuer's directly or indirectly held shares (hereinafter referred to as “pre-IPO shares”), Nor will the issuer repurchase this part of the shares.

The other shareholders holding more than 5% of the issuer's shares, Yuan Chengjun and Suzhou Fangguang Phase II Venture Capital Partnership (Limited Partnership) promised within 12 months from the date of listing of the issuer's shares, not to transfer or entrust others to manage the issuer's directly or indirectly held shares (hereinafter referred to as “pre-IPO shares”), Nor will the issuer repurchase this part of the shares.