3,435,627 Common Stock of ASICLAND Co., Ltd. are subject to a Lock-Up Agreement Ending on 13-DEC-2023. These Common Stock will be under lockup for 36 days starting from 7-NOV-2023 to 13-DEC-2023.

Details:
2,573,631 shares (24.31% share ratio after public offering) held by CEO Lee Jong-min, the largest shareholder, is 6 from the listing date according to the KOSDAQ Market Listing Regulations. However, in order to ensure stable management and investor protection after listing, an additional mandatory holding period of one year will be set, and sales will be restricted through mandatory holding for a total of one year and six months.

In addition, the legally mandatory holding period for stocks held by our company's registered executives, Seong-sik Jang and Seok-joo Lee, is 6 months from the listing date according to the KOSDAQ Market Listing Regulations, but an additional mandatory holding period of 6 months is set for stable management and investor protection measures after listing. Therefore, sales will be restricted through mandatory holding for a total of one year.

18,000 shares (0.17% share ratio after public offering), which are stocks acquired from the largest shareholder within 1 year from the application date for preliminary review for listing, and 161,214 shares (share ratio 0.17% after public offering), among stocks acquired through paid-in capital increase allocated to a third party within 1 year from the date of application for preliminary review for listing. 1.52%), sales are restricted for 6 months from the listing date.


Venture finance or professional investors with an investment period of less than 2 years are subject to 1-month mandatory holding under the KOSDAQ Market Listing Regulations, and shareholders who do not have a statutory continuous holding obligation may sign a voluntary mandatory holding commitment (stocks held by the UTC Semiconductor Growth Fund) Some of them (446,632 shares, Incheon Creative Economy Innovation Fund 604,257 shares), 1,821,978 shares from venture finance (17.21% stake after public offering) and 562,760 shares from professional investors (5.32% stake after public offering) are each scheduled to be held compulsorily for one month from the listing date.